Risk Management Index
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The data are from WIKI Research 2021.08.04 updated
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Basic Information & Regulation of Zerodha
Zerodha is an Indian stockbroker founded in 2010 to build a high-tech trading platform, and there are 1.5 million active accounts on the Zerodha platform. Zerodha is currently an unregulated broker.
Safety Analysis of Zerodha
Zerodha is currently an unregulated broker, which means that the safety of investors' funds and trading activities are not effectively protected. Therefore, investors are advised to avoid Zerodha as a Forex broker.
The main financial instruments offered by Zerodha to investors are stocks, ETFs, forex, bonds, options, and futures.
Accounts & Leverage of Zerodha
Zerodha offers investors two account options, namely Demat & Trading Account and Commodities Account. The former is mainly used for trading stocks and currency pairs, while the latter is for trading commodities.
Trading Platforms Available of Zerodha
Zerodha offers traders an online trading platform, the main advantages of which are user-friendliness, ease of use, having clear fee reports, and good search function. Then again, the platform also has some obvious disadvantages, a two-step login, and limited customization.
Deposit and withdrawal
Zerodha only supports traders to fund their investment accounts using bank transfers, while the currently popular credit/debit cards are available. Zerodha does not charge any fees to its clients for withdrawals.
Pros & Cons of Zerodha
The main advantages of Zerodha are:
1. Wide variety of tradable assets
2. No fees for withdrawals & deposits
3. No minimum deposit limits
The main disadvantages of Zerodha are:
1. No regulation
2. No demo accounts offered
3. Slow process of accounts-opening
4. Limited withdrawal methods, no credit card available
5. Only Indian clients accepted
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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