Comment on Zerodha-Fund withdrawal from Trading account

Venu commented on 27 Jan 2016, 08:17 PM

Both FMC & SEBI do not allow the broker to do internal transfers from Equity segment to Commodities or vice versa even if the trading account is of the same client. If your broker is allowing you to do it, I’d advise to stay away. Recently a broker was fined by SEBI to the tune of 30 lakhs for doing this.

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