Does Zerodha refund money?

Refund & cancellation policy In case your account has not been opened by Team Zerodha, after the tenth day passing by from the day of collection of all necessary supporting documents and receipt of all due authorizations from you, you may request for a full refund of the charges as paid by you towards account opening.

Does Zerodha charge for loss?

The Brokerage charges for Intraday in Zerodha are 0.03\% or Rs. 20 per executed order, whichever is lower, irrespective of the number of shares or their value.

Is Zerodha legal?

Yes, Zerodha is a legal stock broker in India. The company is registered with SEBI, CDSL, BSE, NSE & MCX and works under the guidelines laid by stock market regulatory bodies. There are no reports of legal violations by the company.

Is Zerodha system outage causing losses to traders?

Zerodha System Outage Causes Losses To Traders: Is Technology Reliable? On Thursday (August 27), a technical system outage on the stockbroking website Zerodha for nearly 30-35 minutes caused lakhs of losses for its users.

Is Zerodha liable for non-executed trades?

However, Zerodha is safe from responsibility for such compensations as the contract between the trader and the broker as well as SEBI says that the broker would not be liable to compensate clients for non-executed online trades due to a system failure.

What is the arbitrage case filed against Zerodha?

Arbitrage case filed against zerodha won by a client who had sued them. In that case, a trader named Leslie Prabakar Ruphas wanted to sell 3000 shares of State Bank of India first thing in the morning. However, when he punched in a sell order at the price of Rs. 347, the system was down and the order did not go through.

Why is banknifty Option Trading blocked in Zerodha?

Since Zerodha as a Trading Member is breaching the 15\% limit of total OI in Banknifty option contracts, we are blocking Banknifty option trading outside of the range specified. Note- You will be allowed to take fresh short option positions.