Is Zerodha rigged?

Are they genuine and reliable? Zerodha is a discount broker offering fixed price brokerage of Rs 20 per trade. Zerodha is first discount broker in India who launched the cheapest flat rate brokerage in Aug 2010. Zerodha is as credible and safe as any other broker in India.

Is Zerodha making profit?

Zerodha had a profit of INR 592 Cr in FY2020, as per the financials for Zerodha Broking Limited. The company has reportedly doubled its revenue for the FY21, where it has mopped up revenues close to Rs 2,500 crores. The profits for the company also increased to Rs 1,000 crores, as of November 2021.

Can I have 2 zerodha accounts with same mobile number?

No, unfortunately, this won’t be possible.

How much did you lose due to Zerodha Black Out Glitch?

Users posted screenshots of how much they’d lost due to the glitch and some even went on to say that Zerodha should be held responsible and must compensate customers for the loss. A user reported a loss of up to ₹ 2 lakh because he wasn’t able to book profits due to the black out.

Is Zerodha system outage causing losses to traders?

Zerodha System Outage Causes Losses To Traders: Is Technology Reliable? On Thursday (August 27), a technical system outage on the stockbroking website Zerodha for nearly 30-35 minutes caused lakhs of losses for its users.

Is Zerodha liable for non-executed trades?

However, Zerodha is safe from responsibility for such compensations as the contract between the trader and the broker as well as SEBI says that the broker would not be liable to compensate clients for non-executed online trades due to a system failure.

Did Zerodha crash due to heavy traffic during event?

Users said they’ve experienced similar technical issues in the past during event days–days with heavy traffic. Users posted screenshots of how much they’d lost due to the glitch and some even went on to say that Zerodha should be held responsible and must compensate customers for the loss.

https://www.youtube.com/watch?v=sgW0Wdn8pio