Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...
I have been using zerodha for almost a year now. Brokerage rates are definitely one of the best in India. The customer service is also really good. I have contacted them a couple of times through e-mail and they promptly responded and fixed my issues. However, there are a couple of problems with their software:
- Sensex and nifty tracking is not possible. - The buy prices of your shares are NOT shown. - Everyday, the buy prices of your options are to the opening rates of those options. So, if you buy something at Rs. 10, hold it for a day, and if it opens at Rs. 15 the next day, you buy price will be shown as Rs. 15. So, if the current price is Rs. 13, the software will show a loss of Rs. 2000 instead of showing a profit of Rs. 3000. If you don''t realise this, it could lead to a disaster.
114.1. V May 28, 2014 2:43:26 PM IST |
Everyday, the buy prices of your options are reset* to the opening
This is my Third Broking hoand i can say this with surety that Zerodha is the best trading platform i have ever used if you dont require any research work from zerodha. Just little bit of technical knowledge and u will manage all your trading,fund trasfers, withdrawls of your own. Charges are very less that too in few rupees even if you are doing trading in lakhs.
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Excellent Customer Service - Above Average Overall Experience - Above Average
I recently downloaded Zerodha''s application form. I came across a) running account authorization page, wherein it was mentioned that securities will be retained by them unless we instruct to transfer the same to our A/c. Also securities A/c will be settled once monthly/quarterly & b)All Securities shall be subject to lien
a)When payment has to be made upfront why should securities be retained by them & b)Securities being subject to lien is being done only by Zerodha (at least not being done by its nearest competitor)
Request somebody to please clarify on the same
109. N.C.Mardy Feb 21, 2014 11:17:24 AM IST | Reply
Please help me. I have micromax A110. Can I trade with zerodha trading platform ? becaI am going to open demat a/c with zerodha.
108. YASH GARG Feb 20, 2014 9:49:26 AM IST | Reply
Very Bad Experience ... Worst Software . Worst Funds transfer way...
I like SASONLINE.in - awesome experience with it...!!!
BACK OFFICE NOT THAT EFFECTIVE. NO PORTFOLIO MANAGEMENT SERVICES.
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Below Average
97. Anil Kumar May 14, 2013 8:11:55 PM IST | Reply
They are reluctant to take care of the basics. Margin available shown on trading platform and that on margin statement are hugely different. They are noteven willing to assure that traders can take positions based on funds availability shown on trading platform. There are too many problems with back office, especially ralated to BSE F&O segments.
Brokerage - Above Average Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Below Average
96. G.Asok Kumar May 8, 2013 5:56:38 PM IST | Reply
Is there any maximum limit of trading quantity? I think there is a limit of 10,000 Nos at a time for trading in NSE nifty index option. Is this correct?
96.1. Amit gupta Jun 20, 2013 12:27:48 AM IST |
I want to sell nifty call&put option so what is margin spend in possinal margin