@SG_13 @GuestTrader @VenuMadhav
Just FYI,
(for future reference / if you ever get this situation properly reviewed by legal),
what you folks are referring to is Trademark (NOT Copyright).
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Sure…
I felt it could be worth considering from a Trademark infringement angle, as there aren’t many brands in the market that end with 'Odha" and this is unique/ distinguishing feature of your company name.
There could always be a first for everything, the article i shared can be considered as one among the many such disputes in this area.
The other company may not be in the similar line of business, but if I’m not wrong, both businesses fall under the same financial services industry.
The sound of both the names isn’t far off IMO, and people can make a connection between the two just like the OP.
Anyways, I’m no expert, if you find that this doesn’t seem like a Trademark infringement and this wouldn’t affect your business or its goodwill in any way, yeah, then you can ignore it.
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Waiting for the AMA video…
How many days more?
Missed this AMA. Perhaps I’ll still get a reply…
What do you think of a paper trading system for the kids account?
Since they can’t buy stock directly, they could still build a paper portfolio and be exposed to all the trading terminology and make mistakes in a safe setting.
Paper trading not allowed by exchanges/SEBI
Sometimes, I wonder what SEBI tries to protect us from. Especially when none of the paper orders will even hit the exchange.
What do you think that rationale for banning this is?
Due to the resemblance of these virtual trading apps with dabba trading platforms where under a similar setup, these dabba trading apps deal with real money.
Hence regulator and exchanges are careful about providing real time data for virtual trading purposes.
Thanks for your answer.
So instead of going after the dabba trading apps, they ban virtual trading completely? 
If anything, having virtual trading be an integral part of trading platforms can ensure better trained investors.
I had trading account in Nordea bank where they had a questionnaire for each type of investment that you had to clear before that part of the platform was opened up to you. And it required some effort to clear. So no options trading for you until you could demonstrate that you understood all the pitfalls.
This sounds like a good initiative. Testing your basic understanding of the product before letting you trade would certainly deter anyone who is not serious about it.
Still not done?
Banning virtual trading might have something to do with ‘gamification’ of Trading.
Same happened with the Zerodha 60 days challenge, which I believe was very helpful in inculcating discipline in traders.
BTW Kotak has some new ads for a Tez app that. These ads come very close to ‘gamifying’ Trading without explicitly doing that.
It might help someone become familiar with the systems.
But I have seen many screenshots on reddit showing massive profits in paper trading apps.
Don’t think most would be able to replicate the performance when dealing with real money.
It gives them a false confidence before entering the markets.
@nithin Please do comment if you are allowed to on this topic.
Now regulator is bringing in big changes in the F&O rules which will affect the market in a big way.
And this is being done to ‘save the investors’.
But we the investors are being bombarded by Ads promising unrealistic returns on Youtube, Insta and elsewhere on social media.
Even after the changes in F&O segment take the desired affect, these Ads will lure people into playing in the Cash market probably. Again new changes will be brought to counter that.
Why not act against these platforms that are actively being used to mislead investors ?
It’s easier to create and enforce a rule on these platforms than it is on individual scammers.
At least the outright scam ads can be blocked.
As per news reports SEBI’s Investor Protection and Education Fund for 2024 is 2.8 Crores.
I am sure more than that budget is the ‘daily spend’ of Scammers on Instagram and Youtube.
Can you as a part of the system raise this issue with the regulator ?
So social media and the feeling of FOMO in a large section of the population is why we can’t have good learning tools. Seems backwards to me.
Exposing more people to a sandbox to allow them to experiment safely would lead to better education. And what the regulators call gamification should actual become qualification - you don’t get to trade in the real world unless you qualify thru stages of the virtual trading app.
OTOH, state governments control lotteries that are pure gambling systems to continue unchecked because it is a huge source of revenue. 
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Do go through this conversation from the time when consultation paper came out last year around the similar problem.
Also, Sebi is now enabling Performance Validation Agency - which will validate returns of Sebi registered intermediaries, which can then be displayed or shared with folks. This will happen over the next few months, final few details being ironed out in that framework.
But the larger issue at hand as you also hinted was investor awareness and education. And that will take lots more effort - helping investors and new to market folks spot ‘too good to be true’ claims etc.
But Sebi is aware of the issue, and often there are actions against bad actors. But it is impossible to come through all platforms and find all instances of it. We’ll need more to be done on investor education to really solve for this at the root of the problem - which is unrealistic expectations in returns from the markets.
We’ll release it with the annual updates etc. We’ll take another couple of weeks for it.
Hello
How to keep our Zerodha demat account highly secure? Nowadays, lot of scams are going like call forwarding (OTP can be captured) SMS forwarding, and email hacking. So please provide us the best ways to keep our Zerodha demat account highly secure.
Hi @himudaji
We are regularly doing awareness campaigns against potential and latest scams that one may encounter.
Would request you to read the following:
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Business updates at Zerodha.
Most questions are answered in our Video AMA, check it out!
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Great article, deserves its own post
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