Is Zerodha Safe?

[Bhuvan]

Nithin had answered this question here:

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…