Even i am getting such messages, not only on my mobile, but on every mobile number of my family members too. Also lately i was added on such whatsapp groups for investment. I exited immediately. This is happening only since 15 days. DOnt know whats happening
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MONEYCONTROL.COM IS THE CULPRIT…!!!
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Yes, I too went through the same. When I forced them to tell me how they got my number, they told they got it from moneycontrol.com. It happened on 3-4 different days and all of them said the same.
So, next time anybody opens a zerodha a/c, give a different number to moneycontrol.com and see on which number you’ll get those SMSes and calls.
Dude , how are you so sure they tell will the truth. I my self never registered on any stock broking website or newspaper site but still get these messages since after i registered on zerodha. whether zerodtha accept it or not but this is truth. I have been trading with HDFC securities past 3 years but never got any SMS but why suddenly it started only after registering after zerodha. I feel foulplay by zerodha management here.
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Agreed that “Zerodha doesn’t, nor are we allowed to, share client data with third parties.” but some staff from zerodha is definitely leaking phone no’s of your clients.
I have equity trading account with zerodha since many years. I recently activated my commodity account with zerodha. Suddenly, i have started getting sms’s from upstox.
AD-UPSXPR:
“Few hours to go!
Complete your a/c opening form with upstox to get Rs.300 back in brokerage.
Offer valid till MIDNIGHT! Use code NOV300.” In the end there’s a link that goes to upstox account opening webpage.
It happened on 3-4 different days and when I forced them to tell me how they got my number (and threatened them) all of them said “moneycontrol.com”. I don’t think all of them telling the same name is a coincidence.
One more thing. Check the permissions of moneycontrol android app in a mobile. Why do they need permission to Contacts?
One quick test. You register in moneycontrol.com giving some contact number which you’ve not given to others and then see the SMSes and calls you get on that number. Let us know if I’m wrong 
I kept following the below SPAM Reporting mandate for 3 weeks continuously and it has stopped finally.
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I have been receiving a lot of tips SMS since the day I started using Zerodha. Wanted to know if Zerodha shares customer details with third party investment agencies or operators?
Few of my office colleagues who also use Zerodha also get these SMS.
I love Zerodha otherwise. Just needed a clarification.
I know one thing, that our mobile numbers data gets leaked out. Zerodha is a credible brokerage company but there maybe some backend staff people involved in selling the data.
Not necessarily its Zerodha or any one known entity nowadays all apps use so much our data without our consent even Google receently acccepted of using our location without starting GPS or users consent so …its new uncontrolled un secure digital era where such things are becoming common …
Asked this question because I started receiving such promotional SMSes only after registering on Zerodha.
yes…thats when anybody recognizes that you are into shares…its targeted audience.
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I also like to bring to this @nithin 's attention. I started getting such SMS after enabling the F&O segment. I am not suggesting Zerodha as a company be doing some, but it may be about finding that 1-2 persons who work either at your head office or branch offices.
I recently opened my account with zerodha, and I have been receiving text messages from different stock advisors, advising me to buy certain stocks.
I never received such messages before and I never subscribed for anything like this before.
I wonder if my phone details are being shared/leaked by zerodha. I am not happy with this. When I provide my details I trust that my privacy won’t be violated.
Again, I despise any such activity. At this point I am not sure if it is leaked by zerodha, so I won’t blame straightaway. But this has been happening only after I opened my account with zerodha.
Out of interest, did you open account directly from The Official Zerodha Website, or clicked some link on Youtube or Other Website for Info on Zerodha Account Opening?
Dear @nithin I am getting lots of spam calls from trading farms & tipsters just after few days of shifting my trading platform from SBICap Securities to Zerodha.
I found Zerodha is the best trading platform for retail traders. Feature-rich and innovative.
I’ve only one concern – as Retail Traders could we believe Zerodha Security System fully and assume that our money in trading accounts is 100% safe? Do you have a robust security system to prevent any type of fraudulent activity by hackers?
People are trading for long periods of time on zerodha. No one ever complained about it.
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I can assure You Money in Your Trading Account is 110℅ secure.
Why?
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You can only withdraw money into your primary Linked Bank account.
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There is no online process of adding New bank account into Your Trading Account untill you initiate the process.
But, If someone can Hacked into Zerodha servers Then there is a possibility They can Withdraw Funds from your Trading Account.
Not just from your Trading Account But from multiple Trading Account.
Because Zerodha can Debit/credit Funds from your Trading Account.
Every Technology have some Loopholes and Human Carelessness.
Coming back to Hacking Your Trading Account.
One can easily hack someones Trading account as well as bank account.
There is software malware common name keyloggers.
They Travel over SSL 128 bit secure layer.
Highly protective layer used in Encryption of data over Network.
What keyloggers do is it comes into your computer or mobile by Email.
In Background they enter into your system and Whatever you type in your system/mobile they capture and Using your internet it again send the report to the person who have send this keyloggers.
So, it’s very easy for him to find out your.
Username, password etc.
Everything which you type using keyboard even digital keyboard.
In early age of computer these keyloggers used to be hardware devices but as the technology Developed They also become software.
Still we are safe Due to High security authentication and 2 factor Verification of bank details.
OTP and other Biometric verification.
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Hackers cannot take money from your demat account with in short span of time.
First you have to send withdrawal request.
Then it will be processed by Zerodha team.
Then only bank will credit it to your account.
Settlement happens T+2 days.
There may be any other ways for breaking the system that I don’t know.
You can contact zerodha directly for this question
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I was very disappointed by a broker (won’t name them) as they sent me an email containing the password(plaintext) that I set for the trading account. I wonder if the situation is same with Zerodha. All big giants like Facebook, Google, Amazon do not store the user credentials in plaintext. They employ some encryption method(may be salt in addition). So, the authentication happens on the hash value which is irreversible. I don’t know how zerodha store user passwords. This broker who saves the passwords in plaintext is one big player in stock market.
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