Is Zerodha Safe and Reliable Stock Broker for Trading?
- Asked By
- Updated On:22-Oct-2020
- Replies:3
Short Answer
A quick answer to this: Yes, Zerodha is a safe and reliable stock broker for trading and long term investment. You might have heard and read so much about Zerodha, a leading and one of the best discount broker in India. It's just amazing to know about their huge customer base and fast growing company. **Do you ever feel that Is Zerodha safe and reliable stock broker for trading and long term investment?
Detailed Answer
Is Zerodha the best Discount broker in India? Yes, in terms of active number of clients, customer support, trading platform offered and advanced featured being luanched regularly. Will Zerodha be able to cope up with such rising number of clients and serve them well?**
Don't worry, I also sometimes feel the same. But, there's nothing to worry as such. I am not going to give a complete Zerodha review here. I'll just point out the plus discuss advantages of opening a Demat account with Zerodha.
Yes, Zerodha is one of the topmost discount brokers in India. It is the largest discount broker and offers impeccable services to its customers. The company keeps on making changes like waiving off certain fees, DP charges on Zerodha Coin redemption etc. All these to build a better relation with its clients.
So, I don't think there's any doubt in safety of transactions through Zerodha. They company is expanding its client base significantly.
Moreover, SEBI is the regulating body that has set norms in favour of customers. So, there isn't any concern regarding reliability or performance.
Of course, Zerodha is a reliable stock broker in India. No doubt, in it! I have been trading through them since the past few years. A wonderful platform and great customer support, is what I can best say.
I am quite impressed by their latest Zerodha Kite 3 version, their user-friendly app that has further eased out the stock trading process.
The regular and timely emails that one gets for any changes and updates taking place in the stock market, this further adds to the benefits of opening an account with Zerodha.
This was from my side. Feel free to share your feedback as well.
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Discussion (2)
Yes, I agree to it! Zerodha is a big brand now and it's very much safe and a good stock broker for trading. That's how they have established a huge client base as compared to traditional brokers in India. The company has been working in the stock broking field for over a decade now, thereby building a big and growing client base across the country. I would mark it as a very decent and easy to use platform especially for newbies.
When talking about the best stock broker in India, we cannot rule out Zerodha. It is the market leader in bargain stockbroking, is premised in Bengaluru, and accounts for more than 15% of total retail trading activity in the country. Mr. Nitin Kamath formed the leading brokerage firm in 2010 Kamath, and it now has a customer base of over 6 million.
Yes, Upstox is safe, good and a very reliable stock broker for trading and long term investing. Being registered with SEBI, NSE, BSE, MCX and CDSL the stock broker has built a good reputation and a decent customer base over the years.
Zerodha was incorporated in the year 2010 by Nitin Kamath, an entrepreneur. The idea behind the firm was to offer high quality services to a huge chunk of population at low cost, and Zerodha is very well known as pioneer of discount model in India.
Discount brokers have gained a lot of popularity in the past couple of years. Zerodha is currently India's largest and most trusted discount broker which is also the best option for beginners. It has all the necessary qualities required for a good broker like low commissions, low-maintenance charges, high-quality trading terminal, etc.
Zerodha is an Indian discount stock broker which provides various services to its customers related to investing. It has been awared as the Best Indian Stock Broker by NSE and BSE. Being one of the biggest brokerage companies, it is widely trusted because of its wide user base, industry wide recognitions and advances security features.
Zerodha is an Indian discount stock broker which provides various services to its customers. Zerodha is a paid platform with Rs 200 as account opening charges and their brokerage rates are different for each segment which are discussed in detail.
To login Zerodha Kite, you have to enter your Login ID and password. Before that, you must have a demat and trading account with Zerodha to have complete access to its stock trading platform.
I was just going through some stock broker reviews. So, I thought of sharing my opinion, A side by side Comparison of two popular stock brokers: Sharekhan vs. Zerodha.
You might have read about different stock brokers in India. Here I'll review two of the most popular discount brokers in India: 5Paisa v/s Zerodha Comparison.
Although everything the Stock broker offers is fantastic, there are a few downfalls of using Groww. These include the exception of trading in the commodity segment, doesn’t have a savings account in 2-in1 accounts that it offers, popular financial tools such as cover orders bracket order aren’t available, and more.
Harshil Patel
It definitely is. Being one of India's biggest stockbrokers, it provides bank-grade security features and services in safe-guarding your trading experience. There's a reason why millions of people in the country use its services and make the best stockbroker in the country.