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Traders Face Loss Again As Zerodha App Glitches For 5th Time In A Year

On Friday, Zerodha's Kite platform experienced its fifth technical glitch since last year, causing a brief outage and frustrating traders. Users, expressing their frustration on social media, trended #ZerodhaDown on X.

By Rashaad Ather
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Zerodha Trading Application

Zeodha's Kite Trading Platform

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Traders were left hung to dry again by the Kamath brothers’ stockbroking platform Zerodha on Friday after the platform experienced technical glitches for the fifth time since last year.

Many traders are reportedly considering switching from the app.

Zerodha Kite platform experienced a brief outage, causing issues for users trying to execute trades. 

The company acknowledged the problem and is working to resolve it.

Kite has been having some technical issues lately, and the latest outage was the fifth since November. 

The app went down after exit polls predicted a big win for the Bharatiya Janata Party in the general elections on June 3. 

In April, the app's price feed got stuck, and in December, users couldn't log in to the Kite web app - they were advised to use the mobile app instead. 

In November, there was another glitch when users couldn't access their holdings. 

Users have constantly expressed frustration on social media with the recurring issues on the app.

Currently, the hashtag #ZerodhaDown is trending on X as users roast the platform for its poor services.

Social Media Reaction:

One user wrote: “Short story of Zerodha, retail and technical glitches. #ZerodhaDown

While another user wrote: “There is a saying 

"You get what you pay for" 

 which clearly explains why cheap stuff keeps breaking”

A third user commented: “Zerodha freeze is a feature not a bug”