guys, lets assume the new margin policy is implemented and intraday leverage is scrapped.
do you realize now you have a big competitor to compete with in broking space?
competitor have better and stabler trading platform with lots of features that most indian retail traders aren’t even aware of.
overall similar pricing structure, even cheaper for FnO (zerodha flat 20/order vs competitor min 6/order max cap at 20/order).
now I pay @Sensibull 1000/ month for options strategy buider, greeks, fno screener and 4000/month for kite connect API access.
But competitor provides all options data and features that aren’t provided by Sensibull even for pro plan subscribers at free of cost.
API access with DDE, RTD, websocket is also provided free of cost by your competitor.
Superior platform with variety of order types, conditional orders, historical data, features of Pi, Sensibull, kite connect, tickertape all under single stable platform.
Now i would save a little from brokerage and save 5500/month paid to sensibull and kite connect by migrating. I know you have been aggressive in pricing all through your journey. I sticked with you guys for leverage.
And when leverage is out of picture, your competitor looks leaps and bounds ahead of you. How are you guys planning to retain your customers? Can we expect any reduction of price structure anytime soon?
PS: Can anybody guess “the competitor”?