alice blue today has increased F&O brokerage from 15 to 20rs, and also introduced brokerage for delivery trading from 0 to 20.
Hmm… equity of 2.5% or Rs 20, whichever is lower, will be a b_tch.
Edit: after @SG_13 pointed out. 
Does hmmm mean interesting… and that you are thinking along the same lines 
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sir what this mean, Zerodha also apply EQ delivery. brockerage
So basically nearly all trades will be charged Rs. 20. “Or lower” hardly matters.
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Does everything have to be looked at from a trader perspective.
What about small investors making delivery trades (CNC)
Those charges are not insignificant. Eating away 2.5% of my investment on the same day discourages direct participation of small retail investors.
Take me for example, i buy whenever I can in small amounts mostly ETFs and some stocks whenever I can, the value of my investment could be for â‚ą300, â‚ą500 or â‚ą800, and â‚ą1,000 imagine loosing 2.5% or â‚ą20 everytime i invest.
Small investors can’t survive this, there should be some exception, just like how they have classified BSDA accounts, small investments should be promoted and they can’t be charged in same lines with big investors.
Already I am disappointed with the DP charges being same irrespective of the sell value.
How is it rational to charge everyone the same way, without taking into account the value of the transaction.
The charges should commensurate with the value of investment.
A person investing â‚ą1000 will be charged â‚ą20 and a person investing â‚ą100,000 will also be charged â‚ą20 based on the above rates.
Small investors lose approximately 2% to charges, whereas for big investors such charges won’t amount to anything (faction of a percent).
Is equity market meant only for big players.
Please don’t say that i should invest only through mutual funds if I am not willing to pay such charges.
I am just pointing out that ppl can also buy stocks or ETFs in small quantities and accumulate over time, but for that to happen, the charges need to be minimum and certainly not on par with big investors.
The charges need to be graded, @nithin hope you take this into consideration.
If you allow small investors the opportunity to participate, they will certainly bring in the revenue when they grow and their investment grow big in time.
PS: i know that u haven’t yet decided on anything about the charging brokerage for equity CNC yet, but I am just saying when u do make a decision, please take my points into consideration
Before we started offering brokerage with a cap of Rs. 20, brokerage was, in fact, charged as a percentage of the trade value (with a cap of 2.5% imposed by SEBI that still exists. Is that a fairer system?
At 2.5%, the brokerage for an order of value upwards of Rs. 800 will already breach the Rs. 20 cap, and incrementally just get worse.
I feel bad that despite my detailed post, u wanna justify this new proposed unconfirmed charging rates for brokerage.
R u confirming my point that small retail investors should no longer consider investing in equity if they are gonna be charged on par with big investors.
Should they just stick to mutual funds because they aren’t rich enough to afford it?.
As u mentioned any investment above â‚ą800 is gonna attract the same brokerage irrespective of the value of investment, is this a fair treatment ?
Now how is it that this capping makes it fair for
two ppl who on the extreme ends of the spectrum.
My â‚ą800 investment is charged â‚ą20 and a person investing â‚ą100,000 is also gonna be charged â‚ą20, but somehow this feels rational/justifiable or fair is it ?
Am not asking you to charge more for big investors, I am asking you to reconsider charging the same brokerage to small investors.
U r not gonna lose much by not charging small investors
Anyways, i don’t think my opinion or views are gonna matter much. But still thought I would say what I had in my mind in hopes that I would find the right ears.
I am at the receiving end and so can’t do much but to accept everything no matter how unfair it would seem.
Ah, I wasn’t justifying anything, sorry if you thought I was. I was simply trying to point out that any pricing decision will have some pros and cons, and how the 20 rupee cap on brokerage that we started in 2010 was a means to address the problem of massive brokerage for large orders.
A business has to charge something. 20 is not any more or less fair than 20 or 50. The only way to ensure everyone is happy would be to charge 0 for everyone, which a business can’t do.
Again, this is not justifying anything, simply pointing out that fairness is difficult to achieve.
Hey,
I am sorry for making your fell sorry.
I feel bad now 
:
We are just expressing our views and there can be disagreements.
I was only talking about equity delivery trades and the charges related to that. Hope that much was clear, because as of now there are no brokerage charges for equity delivery at zerodha.
I totally get it, as a business you gotta do what is right for the business, especially if your revenues are gonna take a hit, when the new regulations are implemented.
I was just expressing my views from a small investor’s perspective.
Small investors don’t have a voice, they don’t get represented much and so their difficulties are not taken into account while framing decisions.
i just wanted to use this forum to express my views with the hope that it would at least be heard and considered, even if the chances of anything happening in favor of small investors are slim.
There are fixed costs that are not related to order value. Order does not magically become much cheaper if your order value is low.
And breakeven is 800. You should not be investing with such a low value. That is for mutual funds, not for direct equity
I find that both are offensive yet somehow correct.
Well, a lot of ETFs are priced at 10Rs to attract investors with lower ticket sizes and I was also at a point where I started my journey buying a single share of TATASTEEL when it was 99 ish so yeah I somewhat disagree with you @tallerballer.
Sad reality. But the fixed costs of investing require a higher capital.
That is just a marketting gimmick. It is for increasing liquidity, and to provide finer pricing (can buy for â‚ą20190, etc)
Buy for â‚ą10 and pay â‚ą15 DP charges when you sell. Great profit.
Regarding tatasteel, You are paying like ~8-9% as dp charges at that investment if you sell now. 2.5% brokerage seems insignificant in front of that figure!
Buying one small stock as first investment etc is fine. I am talking about investing, not one off trades.
I also started with 1000. I’m not telling don’t start with small figure. Am just saying don’t continue with such a small figure. We should figure out a way to increase your salary/capital before thinking about markets again since increase in capital is easily worth more than any gain you’ll make on that ₹800 trade
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when I was started trading with a very low capital to learn, my maximum expense was brokerage only. I traded in angel one, with their flat 20 Rs per order brokerage it made a bad impression. after searching and comparing the brokerage of upstox , angel one , zerodha i found that zerodha charges less brokerage when it comes to intraday trading in small quantity. Thats the major Reason why i shifted to zerodha in 2021 i gues. I think if flat brokerage charged in investments, it will be a Bit tough for small traders.
I have a account with them, when go to account closure page, they ask me to pay 40 rupees which is negative balance in my account, don’t know for what as I never traded with them. What will happen if I do no pay the amount and do not close the account?
You can check ledger or statement and find out what the â‚ą40 is