Is Zerodha safe?

Incorporated on 15 August 2010, Zerodha is among the most trusted stockbrokers in India for many reasons, including open and transparent business practices, clear founders' vision, no major violations reported so far, continued investment in technology and zero debt company from day 1.

Zerodha is a genuine and trusted stockbroker. Zerodha Kite provides data safety, and the app doesn't share user data with other companies or organisations.

Reasons why it is safe to trade with Zerodha are listed below:

1. Zerodha has a transparent revenue model.
2. Zerodha offers free equity investments and charges a fee of ₹20 per trade or 0.03% of the transaction value (whichever is lower) for intraday and F&O trades.
3. Zerodha provides various trading platforms, such as:
   • Kite App- The flagship trading and investment platform of Zerodha. It is used by more than 50 lakh traders and investors who place more than 2 crore orders every day. Zerodha Kite offers data security and the app doesn't share user data with any other company or organisation.
   • Kite Web Platform- Kite Web Platform is the browser-based version of Zerodha Kite, allowing users to trade and invest directly from their web browsers.
   • Console- Console provided by Zerodha, is an online back-office platform that grants clients access to various account-related information, reports, statements, and analytics. It is a comprehensive tool for managing and monitoring trading and investment activities effectively.
4. Zerodha's uniform risk management policy doesn't grant any customers special privileges.
5. Zero debt and zero external borrowings.
6. The company is not at risk of credit, as less than 5% of its capital is on loan.
7. Zerodha has been the only broker offering cryptographic TOTP 2FA support for a while
8. The clients-to-complaints ratio is the lowest in the industry.
9. The entire business is regularly audited by NSE, BSE, NSDL, CSDL and SEBI.
10. Zerodha's Nudges are real-time alerts on Kite that warn the user of risks associated with the trade before execution. These warnings are displayed in the order window.

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