Can Zerodha Default?

Looking at Zerodha’s history such as well-established record, proven management, faster-growing customer base, etc., the broker is positioned as the country’s largest and also among one of the highly trusted stockbrokers. There’s no foreseeable possibility that the broker may default still, if it happens then still your money remains intact because the broker is not allowed to use their clients’ money to make default payment. So, if you’re a Zerodha user then you do not need to be worried about the broker’s default.