Can zerodha use client funds and trading data

[Vedant_Patel1]

does zerodha have prority traders who can use cliant fundz and has access to SL and position to pace trades ?

[Prakhar_Agrawal]

No technically brokers can’t use client funds at least legally. I think trading data/analysis of its customer can be used by brokers and maybe being a broker of Zerodha’s size gives them slight edge to make investments since they have access to mass trading data at real time and there is no law against it.

[Prateek_Malpani]

@Vedant_Patel1

zerodha have prority traders

Zerodha does not have a prop desk. Plus none of the employees are allowed to trade

[Vedant_Patel1]

but do they utilize our data ?

[abhishek.vg]

No. Please check this post.

How safe is it to trade with Zerodha now in 2018?

Didn’t realize that it is already 4 years since I wrote this. Of course we are safe, and everything that I had written back then still holds true. Businesses that shut down usually will be loss making businesses and not profitable ones. We are probably among the most profitable if you look at earnings from pure retail broking. We have zero debt on our books, no money ever borrowed. We don’t lend any money either, if anyone wants facility like margin funding, we pass the lead onto our pa…

[RLM]

do brokers use clients trade data (trade executed , pending orders , stop loss orders ; etc etc ) ; for any kind of direct or indirect , official or unofficial purpose benefits ?

[Alwin]

Brokers get audited on this by regulators. Here are the security practices at Zerodha.

Security practices at Zerodha – Z-Connect by Zerodha