Comment on How safe is it to trade with Zerodha? Recap

Kiran commented on 27 Apr 2020, 12:13 PM

Dear Zerodha,
Firstly, thank you so much for this exceptional service that you’re providing. I have been a client since 2013 and have not faced issues that I would not have faced elsewhere. At a time when brokers were looting the investors with hefty and hidden charges you guys built a transperent platform with an honest intent.
However, I am getting more and more worried seeing things like ILFS, Yes Bank, etc and now the Oil thing. I hope you are aware or have heard how big a loss Interactive Brokers have provisioned due to margin shortages from clients who had long Oil positions and price gapped down when exchange in the US allowed negative prices. I hope that you understand and I know you would better than me that as the business grows it becomes more like precision engineering wherein margin of error is very very very low. Desire for growth should give way to robust plans for survival in extreme business environment. I wish you the very best. Thanks.

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