Zerodha Customer Reviews, Complaints and Feedback (Page 24)
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Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde...
Zerodha Special Offer
Free stock trading and mutual funds
Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
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.
The best thing is Zerodha is only discount stock broker in INDIA allowing Bracket Order............ And for trading in Nifty and BankNifty one need only 6000 using Bracket Order.
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.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Excellent Customer Service - Above Average Overall Experience - Above Average
How much is the HDFC NRE PIS account charges while trading from Zerodha. There is not clear picture on this matter - Zerodha official also not sure about it. As it varies from back to bank.
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
Query
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)
BACK OFFICE NOT THAT EFFECTIVE. NO PORTFOLIO MANAGEMENT SERVICES.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Above Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Below Average
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.
Ratings:
Brokerage - Above Average Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Below Average Overall Experience - Below Average
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?
- 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.