Zerodha Kite platform’s server crashed yet another time on Wednesday due to some technical glitch. This lead to several angry users taking to twitter to outrage against repeated issues with trading platform Zerodha after a similar technical slowed down their trading on Wednesday.
NSE
Stock markets opened on a high a day after Prime Minister Modi announced Rs 20 lakh crore stimulus package to give a boost to the economy as the country opens up after coronavirus lockdown.
However, customers trading on digital trading platform Zerodha were left agitated after they could not carry out trade on the stock market on Wednesday morning. Here are some of the reactions:
@zerodhaonline can you tell me what kind of nonsense is this...who is going to bear loss or are you looting clients? #zerodha pic.twitter.com/U2po03hFqq
— Kalpesh jain (@kalpeshv_jain) May 13, 2020
Dear @zerodhaonline,It will be a high volatile market today. Are you ready to screw your customers today?? If not, be ready. That’s been your consistency all along. Been avoiding this #Zerodha platform after multiple screw ups. Today is no different. @Nithin0dha
— K. RAJESH (@rajeshkmoorthy) May 13, 2020
am grateful that #zerodha manages it best from 3:30pm to 9:15am.
— Divyank (@divyank_diwakar) May 13, 2020
Zerodha has faced issues on several occasions in the past. However, the Bengaluru-based company claims that it is strengthening its systems. In 2019, a similar outrage had happened after several futures and options traders using the Zerodha platform were unable to execute trades due to technical issues.
Zerodha is the largest brokerage in India with over 20 lakh clients and over 15 percent of all retail order volumes in India daily, according to its website. Zerodha started in 2010 and quickly gained traction due to its low costs