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Home > Personal Finance > Trading Platforms > Zerodha
Zerodha
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I have been with Zerodha for longer than a year. They might be alright for cash market. Be that as it may, exchanging with them is incredibly dangerous.
On 21st April, they had a few issues which didn't permit any request executions till a brief time after 10 AM toward the beginning of the day. All orders were getting into approval forthcoming state. Individuals, including me began presenting on their Facebook page as they were not reachable utilizing their help line.
They figured out how to determine the issues by 10:05 AM for example 45 minutes reseller's exchange opening. I wound up in misfortune on a benefit making position. All Facebook post from client's were taken out by Zerodha . Their frameworks will separate on most significant occasions when there is high volumes like Brexit, Careful strike, and so forth There is likewise idleness with the costs the show and the genuine cost of the security. My companions have begun utilizing different destinations to guarantee they are seeing the correct cost
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I heard a lot about it from my friends and saw even its advertisement on the TV. As I'm already a stock market investor, I decided to join and open a demat account on this broker.
I clicked on the registration tab and I filled there all my required informations like Name and Address, PAN, income, date of birth, phone number etc. I also successfully verified my mobile and paid them the joining fees for 1 year.
All were going perfectly until the worst problem occured. I was trying to link my AADHAR number buy logging into my DigiLocker account. But the server failed ti verify and link my AADHAAR with my demat account. I had been trying to link my AADHAR for almost 5 days but even after such repeated attempt, the linking was a failure.
I then tried to call the help and support team using their numbers. I tried almost 5 numbers of them to contact but everytime the call got disconnected saying the line was busy. I was quite irritated and decided to abort my registration. But suddenly after a week one of the staff members called me and aksed me my problem. I told her everything and she gave me a few tips to join. But I tried each and every way and failed miserably each time.
So I finally I had to change my mind to abort my registration. But since I had paid the joining fees I had to raise a refund request. The refund took a very long 15 days to reflect bank on my bank account. Since then I never tried to re-join this broker.
I am giving one star because there is nothing lower than that available or something like a negative figure. Zerodha started as a humble broker and they used to be very customer friendly. Now like any other growing or grown company, you start recruiting people for various positions. Those people has to justify their position in the company and they start advising the owner. Most of them goes for how to squeeze the customer and make big out of it. So the smart customer should leave as soon as the company starting such practices. Soon you can hear such companies collapsed. Zerodha story also going to be the same. Anybody doesnt believe customer is the king, such company should not exist. It is high time for Zerodha
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Pros:
-Clean and Light weight desktop portal
-Does not timeout or auto-logout without user manual intervention.
-Less brokerage
-Useful information consolidated in varsity
Cons
-They do not really have something called customer support. They just have question and template answers. Raising a ticket itself is a tough job. Upon that it will get closed without proper reply or something written in biblical language.
-They have some Apps which they only know how to use. If we try to use the tools we will get message saying "Your free trial is over. Please subscribe to continue using the services" So a new joinee wont have a clue when it started and when it ended. If you click on Apps menu, you'd see only revoke buttons against each App but no access or open buttons. Sounds funny? Yes. again no clue how to use.
Worst customer service, I have even seen in my life. Waiting more than 30 days to open my account and still waiting . Want to see the end of the story.
My first experience is horrible.
YOU CAN'T REACH THEM EASILY.
YOU HAVE TO PLAN A DAY WHERE OUR BOSSES(#ZERODHA SUPPORT) WOULD BE ABLE TO ANSWER US. IT'S SIMILAR LIKE ANY OTHER PATHETIC SERVICE CENTER.
Usefull if you are expert in trading or stock market otherwise you are lost of your money.no one said this app review but i can use past Few month so this is my opinion otherwise your risk and your responsibility so use carefully.
Thank you.....
It's worst app don't waste your time please go to use another please I suggest as a your well wisher
I am using this brokerage through phone.the best discount broker compared to other brokeragelowest brokerage for trading. good interface thats easy to use and understand. Placing the order is easy with the GTT feature.
Always keep giving different excuses not willing to help customers.
Many smaller shares are block on Zerodha.
Any help you have to create a ticket.
Absolutely hassle free account opening. Later had to update nominee details and activate FnO which I submitted hard copies.
Done without further intervention.
Best service I've ever Experienced.
Zerodha customer is very bad. The low brokerage charges look attractive. But if you are stuck with a position and if you try to get help from customer care, it takes more than 15 minutes to connect. Very often, the calls get disconnected after 20=25 minutes without your issues being addressed.
I am frustrated with Zerodha.
It is a good broker app..
Everything is do easy with it.
You can open your dmat account on this app.
You can trade.. and earn money..
You can do intraday, you canbuy stock , there is so much to learn...
I had tried many brokers for trading but Zerodha is better than others, some brokers charge heavily while some don't have a good platform. The best I like about Zerodha is the trading platform known as a kite. Charges are nominal, service is decent enough for the beginners You can trade in equities, ETFs, Mutual Funds, Derivatives, Commodity, etc. The only thing I don't understand about them is that due to volatility they blocked BO and CO orders. Now in February 2021, CO orders are available but BO is still Blocked. If this BO is available for traders I may rate 5/5 stars to them.
The issue is the buy order is placed automatically buy price would show in the form of line in chart and it will be hangs and user interference is not good and we need to search separately for particular chart price and no customer call service and no mail reply over all improvement is required.
Zerodha has handsomely beaten down all of the full service brokers. Its amazing UI and virtually zero costs makes it the best
They do charge brokerage on delivery. Had confusing MIS and CNC. I bought some share for long term investment and sold some which were auto sold by system. If it is cheap, I had paid the price. Not a good platform for long term investment
I didn't feel that it has a good UI. And also zero chance charges more for trading. It has more brokerage charge than the Upstox. Also zerodha takes AMC (Annual Maintenance Charge) more than some of the other brokers. I didn't like zerodha. The developers should work on the UI and other systems of the zerodha.Even the customer service is not good. Mostly not recieving my calls. And also I didn't get any help or any assist call while opening account on zerodha.
Not good for trading I am facing new problems every day so I suggest don't download this app.some my money stuck in this app.
I have been using Zerodha from 4 years. Earlier it was good but now a days there service is pathetic. Support is poor, they takes months for any Service request. Trading platform has become worst. Naam bade aur darshan chote.
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