@Dhanish, I can't comment on Zerodha's actions. They will do what they think is
best for them and likewise, we will do what we think is
best for our clients. Thanks, I'm glad you like our platform. I assure you that we will continue to optimize the trading experience on FYERS.
IL&FS helped us get started in the very beginning as they had a DP and were solely trading members of NSE. It worked for us and it was all pretty good
(Albeit very slow in terms of Account opening). Until their NBFC arm blew up hand over fist, nobody really had a problem with their DP. Let me tell you this that their Company Secretary has assured all their associated Trading Members that they have received a clean chit from SEBI and the capital markets division is unaffected by other activities in their group. They continue to service all their clients. It's just that they are bureaucratic in their approach. Did you know that they used to take an ECS mandate of ₹1,00,000/- before? It took a lot of convincing to get it reduced to ₹10,000/-. In any case, I do understand your frustrations and we hope to get the DP license at the earliest. In the meantime, we will appreciate your patience.