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Zerodha

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Re: Liability clause in Zerodha's agreement

@Zerodha
Awaiting response !
1) Isn't the above mentioned documents a Voluntry & Non-Mandatory Document ?
2) Will Zerodha open the trading account if someone does not want to sign a Voluntry & Non-Mandatory Document ?
Hi EThan,

The voluntary and non-mandatory documents are typically the same whatever broker you want to open an account with... These are typical NSE formats...

Though it is voluntary, you would be required to sign all of them if you wish to do online trading with us...
 

GTji

Active Member
Hi,

Presently to trade MCX you need to use the NEST and for equity NOW..

From 2nd week of April onwards you will have a single platform to trade everything... We call the platform Zerodha Trader, it is NEST itself...
I do not do commodity trading. I would prefer to use the present NSE Now.exe (Not NEST). Will that be possible or are you going to discontinue with NSE NOW?
 

GTji

Active Member
Guys I have downloaded new version of NOW...
and Read about 2FA auth...

its simply a hell.....whats wrong with sebi.....
Sebi....now ....only restricting retail investor ....

even pass changing every 2 weeks....is frustrating for me....and now this 2fa...

why this useless auth. ?

now I need to....put pass.....then trading pass....then ans to two questions....and then select the image...this is nonsense ...

simply wastage of time....specially...if there are disconnections...

and in fast market we cant afford to waste time...

Guys ...what do you say on this......I think we should collectively write letter to sebi ...

even pass...period should be changed to 4 weeks...
Whats the use of all that extra authentication? NSE is getting paranoid, they think FT is going to sabotage them. ;)
 

soft_trader

Well-Known Member
Guys I have downloaded new version of NOW...
and Read about 2FA auth...

its simply a hell.....whats wrong with sebi.....
Sebi....now ....only restricting retail investor ....

even pass changing every 2 weeks....is frustrating for me....and now this 2fa...

why this useless auth. ?

now I need to....put pass.....then trading pass....then ans to two questions....and then select the image...this is nonsense ...

simply wastage of time....specially...if there are disconnections...

and in fast market we cant afford to waste time...

Guys ...what do you say on this......I think we should collectively write letter to sebi ...

even pass...period should be changed to 4 weeks...
I agree with you.

Though SEBI is trying to secure the online trading platform, it is in turn a real pain for traders.

And I think that 2FA should not be setup with those Q&A. Instead Security tokens of RSA should be issued, like that of Indiabulls, Reliance money, which is much more secure.
 

ethan hunt

Well-Known Member
Re: Liability clause in Zerodha's agreement

Hi EThan,

The voluntary and non-mandatory documents are typically the same whatever broker you want to open an account with... These are typical NSE formats...

Though it is voluntary, you would be required to sign all of them if you wish to do online trading with us...
What is SEBI's / NSE's stand on it ?

Can you refuse to open trading account if Non-mandatory are not signed ?

I have not signed any non-mandotory docs with my current brokers & scored out clauses with which I am not comfortable & they (broker's) did not have any problems. So why you want everyone to sign an agreement which is not required by Sebi/Nse & which favours only one person ie broker ie Zerodha.

Do you have a case if Sebi / Nse is informed of this malpractice ?
 

Zerodha

Well-Known Member
Re: Liability clause in Zerodha's agreement

What is SEBI's / NSE's stand on it ?

Can you refuse to open trading account if Non-mandatory are not signed ?

I have not signed any non-mandotory docs with my current brokers & scored out clauses with which I am not comfortable & they (broker's) did not have any problems. So why you want everyone to sign an agreement which is not required by Sebi/Nse & which favours only one person ie broker ie Zerodha.

Do you have a case if Sebi / Nse is informed of this malpractice ?
Ethan, the forms are formats taken from the NSE itself... YOu will see the same kind of clauses around...

If there is anything in particular do let me know, send an email to [email protected] with your contact and sachin in subject, will call you back...
 

bpr

Well-Known Member
Guys I have downloaded new version of NOW...
and Read about 2FA auth...

its simply a hell.....whats wrong with sebi.....
Sebi....now ....only restricting retail investor ....

even pass changing every 2 weeks....is frustrating for me....and now this 2fa...

why this useless auth. ?

now I need to....put pass.....then trading pass....then ans to two questions....and then select the image...this is nonsense ...

simply wastage of time....specially...if there are disconnections...

and in fast market we cant afford to waste time...

Guys ...what do you say on this......I think we should collectively write letter to sebi ...

even pass...period should be changed to 4 weeks...
Sunny could not agree more it is completely waste of time.
The guys who brought this rule never traded in life it seems.
 
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