When would Mstock and Sharekhan start showing the consolidated list?
Ofcourse, NO INNOVATION and not providing or delaying new and useful features are the core reasons.
After launching Kite web, they started ignoring their costomers.
They even donât provide âTrading from chartsâ, âOrder Slicingâ, âScalping friendly platformâ and many more. Infact, their charts hang and donât work properly. They still use 4 mbps leased line that gets overburdened when there is an influx of large orders. Their order execution speed is 40 ms while Fyersâ is 20 ms. There are many more fields where they are not improving.
They are lagging behind their counterparts in every aspect.
Soon, they will be 5th or even 10th place in this list. No wonder!
Z has strengths. I find their platform simplistic but efficient for algo trading, and prefer them. And dont forget they are more profitable than the others in the top 5 put together 
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I am also planning to start algo trading soon. Can you please elaborate how is Zerodha API? What is the execution speed in Milliseconds? Is it suitable for latency sensitive strategies? Can I write my strategy in C++ or Python is better with Kite API?
Thanks in advance.
As a retail trader without collocation, it is futile to rely on speed. I use Python. There is hardly any sanctity in high-speed ms execution for most of us. Whats important is reliability and fast-enuf execution. I have not used all, but have used Z, finvasia, Kotak, Dhan - and Z is the best for my purposes.
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Was there any instance when your order in Zerodha got delayed or didnât punch at all? I mean your algo was working perfectly but Zerodhaâs server or something from their end caused order execution related issues?
In the past 1 year I have faced issue with Z just once, there could be other small time-outs that didnt affect my trades. Z has been the most reliable of the brokers I use. Nevertheless you will have to keep a watch whatever broker you use, handle all edge cases in code, and atleast alert you in case of unpredictable behaviour.
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The growth rate of Zerodha is second poorest after ICICI.
Its interesting to see how GROWW jumped from 2nd place (2022) to 1st place (2023), with a higher growth rate
and increased it even more in 2024.
Dhan has tripled its user base in just a year to 9L+.
Are you working for Dhan?
Nope. Just a happy client.
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