Rs 1 lakh withdrawal...: Zerodha Kite's 9 COOL features

rs 1 lakh withdrawal...: zerodha kite's 9 cool features

Zerodha Kite's 9 COOL features: Zerodha, founded by two brothers Nithin and Nikhil Kamath, continues to transform the trading landscape with its innovative concepts. The latest updates from Zerodha provides users with online banking and smooth decision-improvement tools at the same time, aiming to address the issues that regular people encounter while trading on the app. However, the new updates will make investing more pleasurable regardless of your level of trading expertise.

Here's a glimpse of some of the useful features introduced by Zerodha in month of June that will enhance your investing experience.

Free account opening for those under 25

The company has made account opening free for everyone under 25 to encourage young people to begin investing adventures early.

Notes on Kite marketwatch

It might be challenging to keep track of all the reasons for your various stock and F&O contract watching on Marketwatch. To make it easier for users to quickly write a note directly in users marketwatch, the company has added new notes tool.

New Fundamentals widget on Kite

Kite's basics widget has undergone significant improvement. Tijori Finance powers the new widget, which provides users with a rapid fundamental picture across measures like valuations, revenue breakdowns, financials, ownership patterns, and more for stocks, ETFs, and indexes.

Single ledger facility

The company has introduced trade in both equity and commodity (MCX and NSE Commodity) segments with the same funds, without having to transfer funds separately.

Day’s high-low bar on the Kite web

The company has introduced a new cool feature now the high-low bar gives you a visual representation of where the stock is trading compared to the day’s high and low prices.

Increased instant withdrawal limit

Zerodha users could only take out Rs 25,000 from its first introduced fast withdrawals. However, the company has raised this limit to Rs 100,000. Additionally, the users can withdraw money on weekends.

Increase in the number of items that can be added to marketwatch

Zerodha has increased the number of items you can add to the marketwatch from 50 to 100.

Economic calendar to track all economic events

The company has received request from traders and investors for a calendar to track events that could affect the markets. The company has recently launched an economic calendar, powered by IndiaDataHub, that helps users to easily track all domestic and global economic events in one place.

New page to track approved list of securities

To make it easier for users to track the approved list of securities that a user can pledge for collateral margin, The company has created a new page.

Enhanced pledging experience

Earlier for Zerodha users, pledging multiple securities was cumbersome because they had to pledge each security separately. Depending on the time they placed the request, users had to wait for its processing at 2 PM or 5 PM after pledging, and then verify it on the CDSL website. The company has now simplified this process. Users can now easily pledge multiple securities at once and authorize the pledge request immediately.

Portfolio and scripwise XIRR on Console

If users have made one-off investments, then they can look at absolute returns. But if company have made periodic investments similar to an SIP, for example, then they have to look at XIRR rather than absolute returns. Users can now check the XIRR for both individual investments and the entire portfolio on Console.