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ranger123

Well-Known Member
Re: new cheapest broker is here. Zerodha

How is the experience of people who has trading with Zerodha. I think since this broker is new one, he will first give good serives. As he is replying to all quarries here only and in nice way. Only when the customers becomes large, thier service will be testies.

I think he sounding very nice and goody goody so I am afraid of such behavier, also he does not have any office at other places, so the Indian mentality will not trust such model. But yes he is cheap so one can put very small money and trade through them. For other large trading and deliery portfolio, we can continue with reputational brokers only.

Thank you and best of luck.
 
Re: new cheapest broker is here. Zerodha

How is the experience of people who has trading with Zerodha. I think since this broker is new one, he will first give good serives. As he is replying to all quarries here only and in nice way. Only when the customers becomes large, thier service will be testies.

I think he sounding very nice and goody goody so I am afraid of such behavier, also he does not have any office at other places, so the Indian mentality will not trust such model. But yes he is cheap so one can put very small money and trade through them. For other large trading and deliery portfolio, we can continue with reputational brokers only.

Thank you and best of luck.
ranger123,
thanks for ur good valuable words of wisdom.... atlast somebody like Zerodha has come forward with a new concept of brokerage.... and going thru some of the posts above u will notice most of the traders are actually happily making money thru them...and ...yes ..most of the traders are actually fed-up with your so called ' reputational brokers '..who are nothing but well fed as****les. I was unfortunate to have some worst trading experience with Sharekhan, Religare and Ventura..
no offence to u sir...... just my opinion....
thanks
 
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anayash

Well-Known Member
Re: new cheapest broker is here. Zerodha

Hi zerodha,

One of my friends called up IL & FS head office today in Andheri, Mumbai. Following was their reply:

"We are not associated with or have no idea about any brokerage firm called 'Zerodha'"! :confused::confused:

what do you have to say abt this?
 

ranger123

Well-Known Member
Re: new cheapest broker is here. Zerodha

Hi zerodha,

One of my friends called up IL & FS head office today in Andheri, Mumbai. Following was their reply:

"We are not associated with or have no idea about any brokerage firm called 'Zerodha'"! :confused::confused:

what do you have to say abt this?
Hello Anayash,

I think your question is not justifieble, because you are depending on your "freind" who speak to "someone" at ILFS main office in Mumbai. I think you can directly make inquiry with IFLS and that also to a person who is authority to give reply and is at a level where he understand what is the question. As you very well know that most of the junior leval employes or call centre officer are not aware of products and there companys offers. So they easily say NO, if you ask them something which is not a common question to them.

So you make inquiry yourself the make sure what your friend was telling is right or wrong.

Thank you.
 

Zerodha

Well-Known Member
Re: new cheapest broker is here. Zerodha

Hi zerodha,

you automatically square of intraday trades at 3.10pm!

what if i enter a new trade at say 3.15pm? does the system reject the order?
Fresh new intraday margin orders will not be accepted after 3.10pm.. But you can place orders upto the margin available in your account.. Cheers...
 

Zerodha

Well-Known Member
Re: new cheapest broker is here. Zerodha

One more query....where can we have the demo of NSE now?
we had created a few id's of the employees working with us and giving demo on the NOW. But the problem was, people would try to relogin after a while and hence block the terminal by giving wrong passwords.. We will be putting a video of the NOW terminal on our site soon that should also act as a demo... Cheers...
 

Zerodha

Well-Known Member
Re: new cheapest broker is here. Zerodha

As per Zerodha, they said it will take 7 business days to open an account and exactly on the 7th day i got my account kit.

Gonna Start my trading from today!!!
If it is only a trading account, we can open it in 1 working day.. ILFS dp account is what takes time...They are a big depository and can't move at our speed.. Cheers..
 
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