Quick Answer: Can Zerodha Be Trusted?

Is Zerodha better than sharekhan?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Sharekhan ranges between 0.1 to 0.5%.

Zerodha is a Discount Broker where Sharekhan is a Full Service Broker.

Zerodha is having overall higher rating compare to Sharekhan..

What is the withdrawal limit in Zerodha?

Rs: 50,000And finally, you will soon be able to withdraw up to Rs: 50,000 instantly to your bank account.

Is Zerodha fake?

Are they genuine and reliable? Zerodha is a discount broker offering fixed price brokerage of Rs 20 per trade. … Zerodha is as credible and safe as any other broker in India. They are registered with SEBI, BSE, NSE, MCX etc and regularly audited by them.

Can Zerodha run away with my money?

Nothing major losses happens. Your holdings are safely available in CSDL and NSDL and zerodha is just a brokerage. Having said that there could be some time delay in getting back your cash holdings available as fund, otherwise no major issues. Also position in derivatives trades could be an issue.

What is wrong with Zerodha?

Although Zerodha KITE is regarded as one of the top trading platforms of India, it has its own issues. Issues such as incorrect data feed, slow loading of the charts or no chart display at all were reported occasionally.

Why MIS orders are blocked in Zerodha?

Zerodha’s RMS department blocked MIS orders for particular scrip on NSE capital markets (EQ). … This is usually done because of lack of liquidity in that particular scrip on or low price bands. As on today there are 968 such scrips where you may get the same message if you try to enter MIS position.

Is Zerodha slow?

The process is slow and not fully digital. As a plus, there is no minimum deposit….Zerodha review. Account opening.ProsCons• No minimum deposit• Slow• Not fully digital• Only Indian citizens accepted

Why Zerodha is not given margin?

While time to expiry has very little effect on the SPAN margins, price change and volatility can change the margin requirement drastically if there has been a significant change in price during the day. This is the reason the margin blocked on Kite and the margin shown in the margin calculator is different.

Which is Better Angel Broking or Zerodha?

The brokerage of Angel Broking Max Rs 20 per trade while the brokerage of Zerodha ranges between Rs 20. Angel Broking is a Full Service Broker where Zerodha is a Discount Broker. Overall rating for both the brokers are equal with rating 4.5 out of 5.

Is Zerodha good for beginners?

Zerodha is an online stock broker designed for people who can trade by themselves with no help from the broker. This makes it difficult for beginners who require hand-holding in initial days. … This helps beginners in learning the stock market as well as the trading tools.

Yes, Zerodha is a legal stock broker in India. The company is registered with SEBI, CDSL, BSE, NSE & MCX and works under the guidelines laid by stock market regulatory bodies. There are no reports of legal violations by the company.

Which is better Zerodha or Groww?

Both the brokers are Discount Brokers. Zerodha is having overall higher rating compare to Groww. Zerodha is rated 4.5 out of 5 where Groww is rated only 3 out of 5.

Can Zerodha account be hacked?

No the worst the hacker can do is do trades on your behalf but the capital can only be transferred to your account. …

Is there any hidden charges in Zerodha?

Zerodha Hidden Charges Additional charge of Rs 50 per executed order for MIS/BO/CO positions which are not square off by the customer.

What is 60 Day Challenge in Zerodha?

Zerodha 60 day Challenge is more of an opportunity for the existing clients of Zerodha to put their trading skills to a test for 60 market days. Till April 2018, clients had a chance to get the brokerage rewarded back to their trading account from Zerodha for those 60 days.