Zerodha Kite's Rs 1 Lakh Withdrawal Limit: Discover 9 Cool Features You Should Know | Share Market | Stocks | NSE | BSE

Zerodha Kite's 9 Cool Features: Zerodha, founded by brothers Nithin and Nikhil Kamath is changing the trading world with its new ideas. The latest updates offer users online banking and easy decision-making tools, making it easier for everyone to trade on the app. These new features make investing enjoyable for traders of all experience levels.

Here’s a look at some useful features Zerodha introduced in June that will improve your investing experience.

  • Free Account Opening for Those Under 25: Zerodha offers free account opening for everyone under 25 to encourage young people to start investing early.
  • Notes on Kite Marketwatch: To help users keep track of their reasons for watching various stocks and F&O contracts, Zerodha has added a new notes tool that lets users quickly write notes directly in Marketwatch.
  • New Fundamentals Widget on Kite: The fundamentals widget on Kite has been significantly improved. Powered by Tijori Finance, it provides a quick overview of valuations, revenue breakdowns, financials, ownership patterns, and more for stocks, ETFs, and indexes.
  • Single Ledger Facility: Users can now trade in both equity and commodity (MCX and NSE Commodity) segments using the same funds, without needing to transfer funds separately.
  • Day’s High-Low Bar on Kite Web: A new feature that visually represents where a stock is trading compared to the day’s high and low prices.
  • Increased Instant Withdrawal Limit: Zerodha has raised the instant withdrawal limit from Rs 25,000 to Rs 100,000. Users can also withdraw money on weekends.
  • Increase in Marketwatch Items: The number of items that can be added to Marketwatch has been increased from 50 to 100.
  • Economic Calendar: Zerodha has launched an economic calendar powered by IndiaDataHub, which helps users track all domestic and global economic events in one place.
  • New Page for Approved Securities List: A new page has been created to help users track the approved list of securities that can be pledged for collateral margin.
  • Enhanced Pledging Experience: Pledging multiple securities has been simplified. Users can now pledge multiple securities at once and authorize the pledge request immediately, rather than waiting for processing at specific times.
  • Portfolio and Scripwise XIRR on Console: Users can now check the XIRR (Extended Internal Rate of Return) for both individual investments and their entire portfolio on Console, which is useful for those making periodic investments similar to an SIP.
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Nithin Kamath Predicts Challenging Times for Broking Industry Amid Regulatory Efforts to Curb Options Boom


Nitin and Nikhil Kamath: Code Zero

Zerodha co-founder Nithin Kamath warned on Friday that the broking industry might encounter difficulties ahead due to regulatory risks. Speaking on the social media platform 'X', he highlighted that upcoming regulatory changes in the futures and options trading segment could present significant challenges.

"As I've mentioned before, regulatory risk is the biggest challenge for any regulated business," Kamath emphasized.

His remarks coincide with statements from Sebi chair Madhab Puri Buch, who acknowledged the speculative nature of options trading and indicated that regulatory actions would align with recommendations from a working committee.


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