Is Zerodha Safe and Reliable Stock Broker for Trading?

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.

Tagged With: Stock brokerZerodhaZerodha Review
Comments (2)

    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.

    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.

Related FAQs

How to apply IPO in Zerodha? Buy IPO Online

If you are a Zerodha customer, you can apply for IPO online through Zerodha Console (Zerodha Back-office). The process for applying an IPO process has been explained in detail above. Here are few other answers to important queries that you may want to learn.

How to Change Bank Account in Zerodha?

A simple straightforward short answer. You can change bank account in Zerodha online by visiting your \profile page\ in Zerodha Console. But, there are certain conditions for it. Let's discuss this a bit in detail.

What are advantages of opening Demat and Trading account with Zerodha?

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.

How to place BTST order in Zerodha Kite?

For placing a BTST order via Zerodha Kite, the process is quite simple. You can follow the same steps as to how you might place an order on Zerodha Kite. However, when you buy or purchase a stock, you will have to select the “CNC product type” option in the buy order popup.

Angel Broking vs Zerodha Comparison: Which is better stock broker?

There are a number of stock brokers in India. Here we highlight two of the leading stock broking companies: Angel Broking vs Zerodha, a comparison to read.

How to do Short Selling in Zerodha?

So, you wish to know how to do short selling in Zerodha or with any stock broker for that matter. In simple words, Short selling is When you go short, you sell the stock first and buy it later. The same has been explained in detail here.

What is DP Charges in Zerodha?

DP charges apply if you sell shares from your demat account. This is an income source for depositories (CDSL or NSDL) as well as its Depository participants (Stock brokers). DP charges are applicable only one time per scrip in a single day irrespective of the quantity you actually sell.

What is IOC in Zerodha Kite?

IOC simply stand for Immediate Or Cancel (IOC) orders. As you get more and more familiar with trading terms and slang, you might realize that each term is supposed to be linked with others, which form this sort of conjoined strategies. These strategies are usually what result in successful trading, rather than speculation.

How to withdraw money from Zerodha Trading Account?

To withdraw money from your Zerodha trading account, you need to place a withdrawal request by logging into Zerodha Console. Withdrawal of money is completely free. As per regulations, the withdrawal money will be credited only to the bank account which is mapped with Zerodha.

What is SLM in Zerodha? SLM vs SL Orders

If you are into stock trading, you might have often come across the abbrevations SLM and SL. So, here we'll be clarifying: What is SLM? What is SL? You'll also know the difference, SLM vs SL with examples.

Your finances on track