MP, thanks for your post.
Not everyone can be an expert in software. I understand - but they need to
keep someone who co-ordinates with NOW/NEST team and attend to the issues.
If one of my friends is knowledgeable about these issues, can I knock his door
everytime I have a problem? It is the duty of Zerodha to arrange for a solution.
How they do it is their problem.
I still believe that a customer should have only one place to lodge his complaints.
Not different places depending on the nature of the problem.
You can try Indiabulls then. They have a centralised complaints system, and their software is also very stable. You have maybe 1 complaint per year, its that stable. Also they have RMS to solve youyr problem quickly.
The only drawback are the costs.
Costs around 1 rupee extra per Nifty, and if you are trading 500 or 1000 Nifty per day, its a max extra expense of hardly 1000 rs per day. Or 20,000 per month.
In options also, they charge you 50 rs per lot after negotiation. Their breakeven is just 3 rs per Nifty in options. I think in Zerodha its about 20 paise.... roughly. Trading 20 lots per day, you will pay a max of 2900 per day, compared to about 300 odd per day with Zerodha.
So, if costs are not a problem, trade with Indiabulls. You will never face a problem.
The quantities mentioned above are what a normal trader at Zerodha would be trading in options, as seen by people posting their trades in their live journls.
If you are trading bigger quantities, the costs will rise proportionately.
So, calculate what peace of mind means to you, and shift to Indiabulls. You will not regret it.