Zerodha - Number One Discount Broker in India

Hey Punter,

Let me speak to Vijay on this and get back to you, I am not able to see your attachments.

But I don't understand what you mean by, "Let us take them to the cleaners"? , why be rude about this?

Give me sometime will check and get back..
Sorry if I hurt Z in rage, but that was not my aim. You also admit the patience and responsible behavior I have shown....all because I have respect for Z. I have batted for Z even in the thread of other brokers. Anyway, I am removing that line. Wish you are as quick about offering solution or explanation as quick you are about taking offence.

As for attachments, they are same I emailed you. You know this well. You had contacted me... I emailed you back with some pointed queries which remained unanswered...and I never get your penchant for dealing issues over phone when someone had spent time writing you an email.

Btw, you yourself admitted in one of your post here that this is "not a uniform case" !!!
 
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Sorry if I hurt Z in rage, but that was not my aim. You also admit the patience and responsible behavior I have shown....all because I have respect for Z. I have batted for Z even in the thread of other brokers. Anyway, I am removing that line. Wish you are as quick about offering solution or explanation as quick you are about taking offence.

As for attachments, they are same I emailed you. You know this well. You had contacted me... I emailed you back with some pointed queries which remained unanswered...and I never get your penchant for dealing issues over phone when someone had spent time writing you an email.

Btw, you yourself admitted in one of your post here that this is "not a uniform case" !!!
Your attachments are blank!!!!!!
 
I believe u completely,i never liked zerodha but since it was a darling of traderji and many traders, i kept quite.
I have not traded much with them but i faced 2 issues 3 months back which some of the members are reporting now.
One is the order and trade book does not show the order and trade even after getting executed and in this confusion i put one more order and that too got executed.
The second one, when market is falling then its market order does not worked.
I thought both cases were just a technical glitch which may have happened in my case so i kept quite
Thanks. Truth is I did face the exactly similar issue before also..in Feb...but I ignored it as one off case and moved on. But this time I was not willing to... I am sure this happened with many people like you and me.
 

akhill

Well-Known Member
well.. well.. order book being messy, even I faced that more than bunch of times. I usually trade options and only options and somedays I remember that I have made not more than 10 trades, the order book shows 16 or 18 like that. I always thought that it is my fault that I am not keeping track of my trades. I don't usually go through order book every now and then during the market hours because I trade nifty options and they are heavy volatile that I cant dare to take my eyes off the chart. Usually its at the end of the day once I get the contract note, I divide the brokerage by 20 and make note of the number of my orders. Most of the days I get a mismatch(I mark the number of my orders placed or modified on a scrap paper right next to me during market hours, so that I can count the number of trades) and I usually assume that mistake is on my part. But now, I have to be careful. I also take note of modified orders as new orders because zerodha system considers the modified order as a new order. (modification after part execution).

Secondly, order book and contract notes timings never ever match with zerodha. But they gave some really weird explanation for this like "The order on the other side is not passed" some thing like that and I didn't really pay attention because I am not a person to worry about petty things and focus only on my trading. But now, I believe that these petty things are those which matter most.

But I do still trust zerodha with my money because I have been comfortable with them for last 2 years(except one time when their system stuck and didn't take my order, resulting in a loss of 80000 rupees. yes its 80000 rupees in options... repeated calls, staying on hold for 20 mins straight even didn't help. the loss was done and I understand that I cannot be compensated by whatever means. at the end of the day, it was a problem in their system and not on my part. yet, I took the loss without a word because of respect I had towards zerodha).. I took it as a one off day. But the number of trades mismatch has been happening once every couple of days and till date I always ignore the mismatch. But, in the recent past I have seen a lot of irresponsibility on the part of their executives. Nobody gives a damn about emails or phone calls. If you are on a phone, then you are made a joke. (I experienced this couple of days ago too, when I sent them email remainders every one hour for 4 hours continuously and didn't get a reply at all and when I called them, they were like yes we got 4 emails, there is no necessity to send so many, its not a necessity to you, but it is for us zerodha, we small traders panic for any issue that involves our money.).

Other thing is that I usually logout and login many times during the trading hours and so once I logout, the order book will not show any orders placed during the previous logged in session. somehow I haven't been paying any attention to all of this and I focus only on my trading. But I guess its high time now.

All in all, it is high time that zerodha teach their executives and representatives to have a bit cooler head and don't take your success to your head. I know you have seen an increase in number of clients, but there are some clients who are with you right from your inception and you have to give them the respect they deserve.
 
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well.. well.. order book being messy, even I faced that more than bunch of times. I usually trade options and only options and somedays I remember that I have made not more than 10 trades, the order book shows 16 or 18 like that. I always thought that it is my fault that I am not keeping track of my trades. I don't usually go through order book every now and then during the market hours because I trade nifty options and they are heavy volatile that I cant dare to take my eyes off the chart. Usually its at the end of the day once I get the contract note, I divide the brokerage by 20 and make note of my orders. Most of the days I get a mismatch(I mark my orders place or modified on a scrap paper right next to me during market hours) and I usually assume that mistake is on my part. But now, I have to be careful.

Secondly, order book and contract notes timings never ever match with zerodha. But they gave some really weird explanation for this like "The order on the other side is not passed" some thing like that and I didn't really pay attention because I am not a person to worry about petty things and focus only on my trading. But now, I believe that these petty things are those which matter most.

But I do still trust zerodha with my money because I have been comfortable with them for last 1 nd half year(except one time when their system stuck and didn't take my order, resulting in a loss of 80000 rupees. yes its 80000 rupees in options).. I took it as a one off day. But the number of trades mismatch has been happening once every couple of days and till date I always ignore the mismatch.

Other thing is that I usually logout and login many times during the trading hours and so once I logout, the order book will not show any orders placed during the previous logged in session. somehow I haven't been paying any attention to all of this and I focus only on my trading. But I guess its high time now.

:) Its high time you learnt how to sync the order book after re logging in again

Select Preferences.
Select User settings
Select genaral
Select reconcile on right lower bottom of box.
Select yes.
Now, go to order book, click on display.... you will get all your orders.
 

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