Zerodha MCX Glitch

:rage: Lost ₹4.3 lakhs overnight because Zerodha glitched out on my GOLDM trade

I’m honestly shaken writing this. On Oct 16, I placed market sell orders on GOLDM November futures between 10:11–10:24 PM.

But instead of executing, Zerodha showed them as “Open Pending.” Every time I tried to cancel or close, it said “Internal error occurred.” I tried multiple times — no luck.

At 11:03 PM, my screenshot clearly shows the orders still marked as pending, even though my trade note later confirmed they were actually executed at those same times between 10:11 and 10:24 PM

So Zerodha made it look like my orders never went through… but in reality, I was fully short and left exposed overnight without realizing it.

Next morning, I woke up to see my short GOLDM positions still open. The gold market gapped up hard, and I instantly lost ₹4.3 lakhs — wiping out all my profits for the month. :broken_heart:

This was terrifying. Imagine trying to close your trade before market close but the platform lies to you, shows “pending,” and the next day you discover you’ve been in a huge position all night.

@zerodhaonline — this is unacceptable. If a technical glitch can cause such massive losses, how are traders supposed to trust the platform?

Zerodha needs to acknowledge this, investigate what went wrong, and compensate affected traders when system failures like this happen

Please don’t say this is IBT.
This is not IBT. IBT Means order never goes through if internet is bad and you won’t see the times as the exact times the order was punched it. But here order execution was at the exact time of punching it in but told us they were pending on our side. So the order went through and got executed at the right time. They did not update or let us close the open positions. Just got the “ internal error “ message. We were left with our open positions against our will for the entire night

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Dhan (more recently) and Finvasia (long back) compensated traders for similar grave glitch. I think Finvasa’s glitch was more grave…

Finvasia called up traders who ended up in profits because of said glitch and managed to convince some of them to forgo their gains, and paid rest from their pockets… mind you they did this back when they were offering zero brokerage… so kudos to them…

Zerodha doesn’t extend such courtesies normally as far as I know…

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Never trust a broker.

Their entire act—being nice, seeming honest, avoiding “unethical stuff,” and claiming to care for the customer- vanishes the moment they have to pay for their own mistakes.

When confronted, their response is never straightforward.
They adopt evasive, indirect, and confusing language to twist the facts and declare their innocence.

Try to find out if there is genuinely an issue with MCX, especially since other brokers’ terminals are working fine.

File a complaint against them on SEBI SCORES .
Not only you, every single trader who suffered losses that day should join in and file a complaint!

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I think Kotak compensated too for their issue maybe a year or 2 ago.
These kinds of issues are very dangerous, if we don’t have correct order status but are able to send orders.

This used to happen with Z in nse long long ago, reason i used to avoid them back then. But these days z+nse has been rock stable so far …

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Today zerodha replied me saying it’s an IBT issue

THEY ARE SO IRRESPONSIBLE

IM GOING TO COURT AND FILING A CASE ON MCX and ZERODHA citing big security risks and untradable environment

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May not be trustable, especially about “reviewing losses and what can be done”. But just linking their latest stand on this issue.

Same happened with me , my crude orders were not cancelled resulting in losses

Same thing happened with me. Zerodha ke din gye

I lost close to 30k for the same issue.

@Sriramjbl could yu please DM me the ticket number? We’ll have this checked.

Please open a ticket at support.zerodha.com. Our team will have this checked and provide clarity.

If you’ve already opened a ticket, please DM me the ticket number so we can follow up. @ravi_chaudhary @rishi_mehan @Ankit_Kapasi

Same thing happened with me but I don’t have screenshots to prove it

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Hi @Akshay_Agarwal , please open a ticket at support.zerodha.com, including trade details. Our team will look into it and provide clarity.

You can DM me the ticket number.

Honestly my faith in zerodha is dwindling lately. More and more glitches and bugs. Planning to move to Dhan now.

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I have already raised a ticket for the same but the loss is not compensated and no one is taking any responsibility.

The situation is extremely disheartening and disturbing and makes a small retail trader feel HELPLESS and VOICELESS WITH NO HOPE FOR JUSTICE!!

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I have also faced the same issue. Lost around 1 lakh due to my position in GoldM opening in short the next morning.

Let alone potential profits foregone due to inability to enter again into trades as margins were blocked by pending orders. (I estimate the foregone profits to be around 2 lakh in GoldM and SilverM positions).

Hi @ABHIJIT_GUHA_ROY , could yu please DM me the ticket number?

Hi @nithin_kumrr … My ticket number is #20251016189349.

Having this checked, Abhijit. Please allow us some time.

Was the glitch extended to web interface, i.e., were the positions visible there? :thinking:

Would the WhatsApp emergency service have helped in situations like this? :thought_balloon:

Hope Z fixes this for affected traders :dizzy:

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