In comparison of these two platform wherein kotak is offering a plan of 999+GST for unlimited trading in cash, FNo I’m intraday for 01 year whereas Zerodha charges flat Rs.20 per trade on one leg.
So, Can we explore this platform for 3 in 1 account for instant transfer of Debit as well as credit
As now days I am experiencing lot of problems in kite android platform.Many times your SL orders were not updated in real time and the same time it hits the stoploss.
Various scrips are ban in FNO
Withdrawal of money is not faster as in case other broker you get the amount by next day morning after today’s request for withdrawal.
So, this is promoting me to think alternative to Zerodha.
I have kotak sec account, its a clever plan by offering this 999 FIT plan. when u go to open they make u open a demat and bank account with 0 balance. their main business is to get you to open a bank account with them.
coming to their platform i just opened an account with them and after seeing their software i wont trade. PI is far far better faster and easier in case of charting/execution of the trade. if u dont like paying 20 per trade which is very little. Then get an account with sas online they have same software called alpha which is same as PI.
and they offer 999 per month unlimited trading or 9 per trade.
Thanks buddy! I fully agree with you.
But my concern is that I trade only through mobile platform and many time technical glitches in Zerodha.
Secondly, do you have any idea like open trade platform in SAS, Would appreciate your needful advise!
Sorry i don’t have information on that. if u really not satisfied with zerodha try other discount brokers. like upstox. open just trading account so u wont have to pay demat acc opening or maintenance charges. try all of them if u wish. upstox, sasonline, prostocks, samco, interactive brokers. do own research and try out. if u trade then dont open demat. the charges for opening and maintaining will be a lot .but for trading u can have account with all these guys for free of cost most of the time. most of zerodha glitches were accidental, as far as i knw the probability of crashing again is very rare, since its happened before and people have a negative bias against them, zerodha may b working for that, they are pioneers in technology so just wait and watch u may not face a problem ever again.
@Bhuvan @siva-reddy @TraderVenk
@nithin watch this video full or from 13:45 same thing has happened with zerodha.
(https://www.youtube.com/watch?v=XRQuZfvAHPw&t=798s)
If any Brand is providing better facilities at Good price.
Anyone who is looking for change can try for new things.
No harm in trying new things for the betterment.
My view:
Indian Discount brokers more or less have similar platform and it all boils down to connectivity which becomes an issue whenever these brokerages cross certain number of active clients and their servers are clogged.
Interactive brokers has the best platform especially for options trading, robust connectivity and the best order execution. But they have other issues like higher margin for F&O. Minimum account balance, fund transfer, US holidays etc.
One way out of this issue is to have account with couple of discount brokers. Unfortunately Indian brokers are not interested in offering international standard trading platforms such as MT4 or Trading view.
