Back

Zerodha, Groww, Angel One Bleed Users: What’s Behind the Sudden Exodus? June 2025 came with a surprise. Three of India’s biggest stock market apps Zerodha, Groww, and Angel One suddenly started losing users. And not just a few we are talking about lakhs of people quietly logging out and not coming back. These were the very platforms that once made trading cool, simple, and fast so what went wrong? The Drop That Got Everyone Talking In just one month June 2025 more than 6 lakh people stopped using these apps actively. And if you look at the first six months of the year over 11 lakh investors have pulled back. Even apps like Paytm Money and PhonePe saw drops though not as big. Just a Few Years Ago It Was a Different Story Back in 2020 things were buzzing people were stuck at home during lockdowns, and many picked up trading out of curiosity. A few clicks, and you had a demat account. Trading became a trend especially among young people. Groww, Zerodha, and Angel One were adding users like crazy everyone wanted a piece of the action. So, Why Are People Leaving Now? Let's break it down. 1. SEBI New Rules Made Trading Tougher India’s market regulator SEBI came up with stricter rules for F&O trading that hit a lot of retail traders who were in it for quick profits the fun part got filtered out and many stepped back. 2. The Market Isn’t Moving Much Unlike the last few years, there’s less movement and fewer big swings in the market now. When there’s no excitement casual traders lose interest. 3. Losses Are Catching Up Some people entered without understanding risks. They followed others, lost money, and finally decided to quit before losing more. 4. Too Many Choices There are so many apps now that people switch quickly one bad experience and they move on loyalty is rare in the digital age. Is It the End of Retail Trading? Not at all this might just be a cooling off phase. The market is filtering out short term thrill seekers while long term investors are staying put It’s like a reset less noise more maturity.