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    Zerodha

    2-5 years
    |
    Suspicious Regulatory License
    |
    Non MT4/5 Software
    |
    Suspicious Scope of Business

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    0.00

    Business Index

    5.93

    Risk Management Index

    0.00

    Software Index

    4.00

    Regulatory Index

    0.00

    Licenses

    No valid regulatory information
    Please be aware of the risk!

    Overview

    • Company Name:

      Zerodha Commodities Pvt
    • Company Abbreviation:

      Zerodha
    • Place of registration:

      ZerodhaIndia
    • Regulatory Status:

      No Regulatory
    • Customer Service Email Address:

      complaints@zerodha.com
    • Customer Service Phone Number:

      +91 80 4718 1888
    • Company summary

      BasicInformation&RegulationofZerodhaZerodhaisanIndianstockbrokerfoundedin2010tobuildahigh-techtradingplatform,andthereare1.5millionactiveaccountsontheZerodhaplatform.Zerodhaiscurrentlyanunregulatedbroker.SafetyAnalysisofZerodhaZerodhaiscurrentlyanunregulatedbroker,whichmeansthatthesafetyofinvestors'fundsandtradingactivitiesarenoteffectivelyprotected.Therefore,investorsareadvisedtoavoidZerodhaasaForexbroker.MarketInstrumentsThemainfinancialinstrumentsofferedbyZerodhatoinvestorsarestocks,ETFs,forex,bonds,options,andfutures.Accounts&LeverageofZerodhaZerodhaoffersinvestorstwoaccountoptions,namelyDemat&TradingAccountandCommoditiesAccount.Theformerismainlyusedfortradingstocksandcurrencypairs,whilethelatterisfortradingcommodities.TradingPlatformsAvailableofZerodhaZerodhaofferstradersanonlinetradingplatform,themainadvantagesofwhichareuser-friendliness,easeofuse,havingclearfeereports,andgoodsearchfunction.Thenagain,theplatformalsohassomeobviousdisadvantages,atwo-steplogin,andlimitedcustomization.DepositandwithdrawalZerodhaonlysupportstraderstofundtheirinvestmentaccountsusingbanktransfers,whilethecurrentlypopularcredit/debitcardsareavailable.Zerodhadoesnotchargeanyfeestoitsclientsforwithdrawals.Pros&ConsofZerodhaThemainadvantagesofZerodhaare:1.Widevarietyoftradableassets2.Nofeesforwithdrawals&deposits3.NominimumdepositlimitsThemaindisadvantagesofZerodhaare:1.Noregulation2.Nodemoaccountsoffered3.Slowprocessofaccounts-opening4.Limitedwithdrawalmethods,nocreditcardavailable5.OnlyIndianclientsaccepted About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: Low score, please stay away!

    Previous Detection: 2021.08.02 Risk: 1 Item

    • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

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    Last Updated Time 2021-08

    Zerodha · MT4/5

    Identification Result

      Zerodha · Website

      Most visited countries/areas

          No content

          No data

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          Load failure

          Zerodha· Genealogy

          Zerodha · Clones

          Zerodha · Market Analysis

          The data are from WIKI Research    2021.08.02 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          Zerodha · Survey×

          ×
          Zerodha

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

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          Data Sources WikiResearch 2021.08.02 Update

          数据样本不足

          Data Sources WikiResearch 2021.08.02 Update

          Zerodha · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

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          Alternate Text

          Data Sources WikiResearch 2021.08.02 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Zerodha
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          Zerodha · Company summary

            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.

            Market Instruments

            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


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          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.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.