Zerodha - Number One Discount Broker in India

[aman.sharma0091]

Re: NEST plus chart

@zerodha

1:

Also get this issue few times a week.
The chart stops showing new candles and continues to update the last candle.
Once this happens All charts stop adding candles.
Only workaround i have is to restart ZT.

Is there a way to reset /refresh the chart so that it downloads/redraw the candles properly

2 :
I am a newbie. Is it possible to save the charts (+drawings etc) on exit so that they reppear next time i login? (or atleast reappear on a button click)
Similar to say how market watch saves the list.

Its a minor annoyance but bugs like the 'no new candle issue' will be more tolerable.

It's not a minor annoyance. You're playing blind if there are no new candles and without them of what use are all the indicators,overlays and patterns? Please fix this issue.

 

[Zerodha]

I think one of the main concerns is whether brokers can run away with client's money in case of default etc. Most readers were concerned with this statement of Mr creep. Throw some light on this.

Is there a time period in which we have to inform SEBI in case of default. And what is the process for that?

@Trader J,

All your bank accounts are mapped when you send that cancelled cheque leaf. With us, there is no way in which anyone can withdraw funds to any account other than what you have gotten mapped with us.

What creep has written, hmmm.. I don't want to add anything on this, just make sure that you trade with brokers who are credible and don't give extreme leverages. It is usually the leverage that hurts everyone in the business...

 

[Deepika sahney]

@Trader J,



just make sure that you trade with brokers who are credible and don't give extreme leverages.


Hello,
Can u pls tell me the software,method,or a way to find or check the CREDIBILITY of the brokers ??All of them are giving 1:2 leverage that means all are credible??

 

[megapixel]

but if there is a strategic investor who can bring in some kick ass technology we would partner.

please first apply that kick ass technology to upgrade your back office and make it multi browser support.

 

[toocool]

please first apply that kick ass technology to upgrade your back office and make it multi browser support.

Nobody likes Internet Explorer these days, why Zerodha is stuck to that is beyond me

 

[toocool]

 

[TracerBullet]

Re: NEST plus chart

It's not a minor annoyance. You're playing blind if there are no new candles and without them of what use are all the indicators,overlays and patterns? Please fix this issue.

Yes candle freeze is not minor issue, but having to reopen charts on each login is for me

Is there anyway to save the opened charts ?

 

[chintan786]

Tricky to give a view on this, but have to agree with a few things he has mentioned on that post especially when it comes to networth and deposit requirements to become member on the exchange.

In today's world 50lks 1crore etc doesn't really have that much of a value. Guess the networth and deposit requirements with the exchange should be atleast around 10 crores.

As far as our business goes, we have been able to scale up pretty fast. The last financial year, probably our net profits from brokerage would have been in the range of what a lot of big listed names would have earned. But do note that today for most big players, brokerage income is less than 20% of total income and last few years have been bad times for brokerage industry.

We are working very hard to move away from only reducing prices to being able to do something to ensure client profitability. The problem with this business is that for every 10 clients you add, only 1 survives 6 months. So it is like you climb 10 steps and then realize you are back down to where you began. This problem is common among the brokerage business.

What we as a business are trying to do now is focussing on how to ensure that those 10 clients don't become 1, but get all the 10 to trade profitably. That would be a win - win situation for everyone. The 60 day challenge, zconnect, algoZ etc were just baby steps. We will hopefully have some big announcements on this side over the next few months.

But a lot of what that guy has written, hmmm very sensitive topics and can't really reply to everything as Zerodha. What I can tell though is that today we as Zerodha have gotten interest from international brokerages to buy a stake in us and a lot of pedigree VC's lined up for partnering as well after performing due diligence. We as a business have been very clear that we don't need funds, but if there is a strategic investor who can bring in some kick ass technology we would partner.

Thanks Zerodha,

I have few questions regarding future possiblities:

1. Is this possible for zerodha introducing NCDEX as well.

2. U already have office in Singapore, Is thir possible of offering trading in other stock exchanges worldwide.

regards,
Vikkas

 

[columbus]

NEST chart

By default ,NEST chart appears in the bottom of the Screen.
Is it possible to make it FLOAT?(Quite similar to Admin positions or order book or ...)

 

[godfather]

zerodha ,
Your website is modified :thumb: it looks like opening an account in Gmail,Fb and all ....looks cool....