Zerodha Genuine Review

#1
Zerodha Honest review-

1. Account Opening - Open account is not hassle free, They may take upto a week.
2. Support - customer support is not hassle free from phone. You may have to wait on long queue. You can call upto 6pm for clearing any doubts from support.
Email support takes 2 days before you get any response.
3. Fee - Account opening fee is Rs. 300 for an equity trading account and Rs. 200 for a commodity account respectively.
4. Platform - Superb. UI Is very good. Both Kite and Pi platfom are perfectly designed
5. Contract notes - Very good, Delivered in midnight.
6. Backoffice - Good
7. Mobile app - Best
8. System and Bugs - Frequent bugs are noticed, may result in loss too such as RMS Failure, Pending order validation and more. In MCX Segment sometime price freezes atleast 4 times in a month.
9. Margin - Not good, They allow Banknifty future trading for 10000/lot approx in BO. This broker is not recommended if you are a margin trader. You need funds to trade full time. In all other segment margin is normal
Options selling is limited and require very high capital. Exchange also specially binded Zerodha to allow trading on Nifty and Banknifty options with a defined strike price only. All other brokers except Zerodha allows trading on any strike price. So if you are an options seller or index options trader this broker is not recommended for you.
10. Fund transfer - FREE from UPI
No issues with withdrawal
11. Company - Company claims to be established in 2010 and
12. No hidden charges, Fully transparent broker, but bad if you lose due to their system bugs that keeps happening 4 times or mroe in a month.

Final Recommendation -
Is it recommended for your regular trades ?
Yes

Is it recommended for scalping?
Yes

Is it recommended for Delivery trades?
Yes they are free

Is it recommended for gambling?
No

Is it recommended for options selling?
NO

Is it recommended for highly talented traders who think their analysis is 100% sureshot but they lack of funds and require high leverage?
NO
 
#4
also zerodha transfers funds
on same day to your bank account
after you put withdraw request
 

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