I had shared this last year on Twitter
https://twitter.com/Nithin0dha/status/1578238205388025856
With all the regulatory changes that are happening, I wouldn’t be surprised if brokerages go up in the future.
I had answered this before.
The whole idea of charging flat fees per executed order is that the cost of executed order doesn’t go up with the size of the trade. So if someone buys 1 lot or 100 lots, the effort that we put is the same and hence charge the same.
Coming to the fixed monthly,yearly or any such plans, the effort put from our side will not be the same, if 1 person does one trade a month and another does 300 a month. We think it is a flawed business logic and unless a brokerage firm also makes money, how will the business survive? If the business doesn’t make money, how will the business build on technology?
So, no we don’t have any plans to offer fixed monthly/yearly/lifetime fees. We plan to build and give the best trading/reporting platforms without increasing the cost of trading with us.