Based on very positive feedback on this forum, I opened the account Only about a week ago and I have already decided to close it. Zerodha is a terrible trader for F&O. The margin for short position carryover is not specified. It is the same when you look at the website under RMS--both for MIS(intraday) and Normal). At the end of the day Zerodha will liquidate your position for insufficient margin. According to Zerodha,client is supposed to calculate margin for carryover,which is 2.5 times of intraday. It is ridiculous. Will the client undertake trade based on the information available or keep calculating. It appears to be rotten software developed in 16th century in some remote village of Africa..
One can lose big money in volatile market with Zerodha in F&O
Do not be carried away with low brokerage. You will lose many time more due to their lousy software.
Best of luck to those who want to do short F&O trades with carryover with ZERODHA.
T
HANK YOU,