Comment on Cover feature of Zerodha - Dalal times

Ramkumar G commented on 11 Sep 2015, 08:25 PM

This is regarding recent change in 60 day challenge.

I won the last challenge and my brokerage is 88,000. But yday Zerodha changed the policy saying only 30k would be refunded. This is not known to me earlier, if known i could have traded differently.

Changing the rule coated me 58,000 Rupees now.

The change in rule should only be applicable for new challenge starting after 1st Sep

It is sad to see slowly Zerodha is becoming like other brokerage firms. May be it has grown too big and it is not able to sustain their previous policy.

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