Side-by-Side Comparison Independent Updated Jun 15, 2026
Sanlam iTrade vs Zerodha 2026: Which Broker is Better?
Compare Sanlam iTrade and Zerodha side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Sanlam iTrade
Zerodha
VS
| Sanlam iTrade | Zerodha | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 3.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | FSB, JSE ✓ | SEBI |
| Platforms | Sanlam iTrade Platform, Sanlam App | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
Sanlam iTradeZerodha
Best for Low Fees
Sanlam iTradeZerodha
Best for Regulation
Sanlam iTradeZerodha
Best Overall
ZerodhaSanlam iTrade
Quick Answer
Zerodha is the better choice overall, scoring 3.1/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Sanlam iTrade offers lower spreads (0 pips).
See full side-by-side comparison belowSanlam iTrade vs Zerodha: Key Differences
Feature
Sanlam iTrade
Zerodha
WinnerOur Rating
2.9 / 5
3.1 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.4/lot
$0.03/lot
Platforms
Sanlam iTrade Platform, Sanlam App
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Bonds, Funds
Stocks, Indices, Commodities
Founded
2000
2010
Headquarters
Cape Town, South Africa
Bangalore, India
Score
0 / 2
2 / 2
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Find my matchFees Comparison
Fee
Sanlam iTrade
Zerodha
Lower feesSpread From
0 pips
0 pips
Commission
$0.4/lot
$0.03/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Sanlam iTrade scores 2.90/5 while Zerodha scores 3.14/5 in our independent rating.
Zerodha edges ahead overall, but Sanlam iTrade 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?
Sanlam iTrade
2.9/5
Choose Sanlam iTrade if you want…
- More regulatory licences (2)
- More market types (4)
- More established (est. 2000)
Zerodha
3.1/5
Choose Zerodha if you want…
- Higher overall rating (3.1/5)
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 Sanlam iTrade better than Zerodha?
Zerodha scores higher overall on our independent rating system. Sanlam iTrade holds a 2.9/5 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, Sanlam iTrade or Zerodha?
Sanlam iTrade 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 Sanlam iTrade vs Zerodha?
Sanlam iTrade requires a minimum deposit of $0. Zerodha requires $0.
4Which broker is safer, Sanlam iTrade or Zerodha?
Sanlam iTrade is regulated by FSB, JSE, while Zerodha holds licences from SEBI.
5What trading platforms do Sanlam iTrade and Zerodha support?
Sanlam iTrade supports Sanlam iTrade Platform, Sanlam App. Zerodha supports Proprietary Web, Proprietary Mobile.
6Can I use both Sanlam iTrade 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Zerodha
Capital at risk · T&Cs apply