Side-by-Side Comparison Independent Updated Jun 16, 2026
FBS vs Zerodha 2026: Which Broker is Better?
Compare FBS and Zerodha side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FBS
Zerodha
VS
| FBS | Zerodha | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.1/5 |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3000 ✓ | 1:5 |
| Regulation | CySEC, ASIC, FSCA ✓ | SEBI |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
ZerodhaFBS
Best for Low Fees
FBSZerodha
Best for Regulation
FBSZerodha
Best Overall
FBSZerodha
Quick Answer
FBS is the better choice overall, scoring 3.9/5 vs 3.1/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS vs Zerodha: Key Differences
Feature
FBS
WinnerZerodha
Our Rating
3.9 / 5
3.1 / 5
Min. Deposit
$1
$0
Spread From
0 pips
0 pips
Commission
None
$0.03/lot
Platforms
MT4, MT5, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Indices, Commodities
Founded
2009
2010
Headquarters
Limassol, Cyprus
Bangalore, India
Score
3 / 4
1 / 4
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Find my matchFees Comparison
Fee
FBS
Lower feesZerodha
Spread From
0 pips
0 pips
Commission
None
$0.03/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
FBS scores 3.88/5 while Zerodha scores 3.14/5 in our independent rating.
FBS edges ahead overall, but Zerodha may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
FBS
3.9/5
Choose FBS if you want…
- Higher overall rating (3.9/5)
- No per-trade commission
- Higher leverage (up to 1:3000)
- More regulatory licences (3)
Zerodha
3.1/5
Choose Zerodha if you want…
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is FBS better than Zerodha?
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 rating vs Zerodha's 3.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FBS or Zerodha?
FBS offers spreads from 0 pips, while Zerodha starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FBS vs Zerodha?
FBS requires a minimum deposit of $1. Zerodha requires $0.
4Which broker is safer, FBS or Zerodha?
FBS is regulated by CySEC, ASIC, FSCA, while Zerodha holds licences from SEBI.
5What trading platforms do FBS and Zerodha support?
FBS supports MT4, MT5, Proprietary Mobile. Zerodha supports Proprietary Web, Proprietary Mobile.
6Can I use both FBS and Zerodha?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
FBS
Capital at risk · T&Cs apply