Possibility of Broker's Default

[Bhuvan]

@Shivam_Gupta

please tell me more about what if a broker gets bankrupt or defaults what will be the fate of money lies in its account as free cash (ie money in Zerodha’s fund)?

Answered here

How safe is our idle money with Zerodha

Check this post No need for concern at Zerodha The conspiracy theories that we are subjected to is never-ending. We had recently shared this blog post trying to answer them. If you haven’t read it, please do. Coming back to the above particular issue on client securities, we operate in a completely transparent manner, and here is why you needn’t be concerned. Zero debt: Firstly, most financial irregularities have debt as the main catalyst – borrowed money that needs to be repaid. We at Ze…