FluffyCupcake
FluffyCupcake

Zerodha becoming rodha

It’s high time Kamath brothers should focus on product. Some recent zero-goof ups -

  1. A simple disclaimer (as mandated by SEBI) is popping up every time. Other brokers provided a check box with not to show this again. Don’t know how long it will take zerodha to solve this friction point

  2. SEBI investigations revealed they are using a 4 Mbps line which led to multiple trade losses

  3. Groww is inching closer on the active users, in fact they launched the index fund before zerodha

I know both brothers have made generational wealth and keep making more money in times to come. Still want zerodha to focus and work for a better product.

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DerpyBoba
DerpyBoba
InMobi17mo

As an FNO trader I am happy Zerodha shares that disclaimer every time. That friction point that you are referring to is why people like me would never move to Groww. People like me - bit serious traders who end up being the people who the brokers get money from.

FluffyCupcake
FluffyCupcake
Amazon17mo

Interesting, I am wondering why such gory disclaimers don’t work on cigarette packets.

DerpyBoba
DerpyBoba
InMobi17mo

You missed the part where it worked for me. It is good to still have the disclimar.

SquishySushi
SquishySushi

It happens when you don't have a product manager .

MagicalQuokka
MagicalQuokka

Not if you have a PM like my team does. You're better off not having one in that case :P

You know or use Jira/Linear. Why are some PMs are okay with being reminder alerts. It is weird.

GigglyWaffle
GigglyWaffle

Why is risk disclosures on derivatives even here if you are talking about zerodha, it is industry phenomena

Except point 2 in your goof up list nothing here is a goof up

They themselves mention 90% of traders lose money, i mean what more do ppl expect outta them, you want them to make your trades or what ??

This is nonsense post

FluffyCupcake
FluffyCupcake
Amazon17mo

Mr. Nonsense, give it a read and it will start making sense. If you don’t have anything to add, please skip it.

GigglyNarwhal
GigglyNarwhal

Ever tried AngelOne? We have been pushing really great features for traders, especially FnO traders. We became 2nd largest MF broker in just 6 months and will cross Groww soon. Also, we're profitable😅

FluffyCupcake
FluffyCupcake
Amazon17mo

I am NOT a trader and that’s why more pissed off with this friction 😂

kudos to AngelOne for revamping!

GigglyNarwhal
GigglyNarwhal

Thanks buddy.

WigglyDonut
WigglyDonut

This disclaimer is as per SEBI mandate. All brokers have to share it.

FluffyCupcake
FluffyCupcake
Amazon17mo

They need not to put it everyday. If you read carefully, I have mentioned “How other players are handling this”. If you have any alternate demat account, try using it, you will know.

WigglyDonut
WigglyDonut

Actually I don’t use zerodha. I use Groww (for MF), Shoonya( for algo trading) and Kotak Neo (for normal trading )

CosmicQuokka
CosmicQuokka

Zerodha is just another lala business, overdue people stop obsessing over it, they'll evolve or get extinct, time will tell

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Groww taking over Zerodha in terms of monthly active investors

I know Zerodha is still the sustainable one of the two; but definitely good execution this from Groww? Do any of you use Groww? Or is it folks in tier 2/tier 3 and college students?

https://economictimes.indiatimes.com/tech/startup...

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