Since zerodha has increased their brokerage its been hard to make money for small traders who trades in small quantities but diversify in equities to minimise risk.
Now expenditure in zerodha is thrice as much brokerage than other discount brokers.
I will show comparison between aliceblue and zerodha.
And you won’t believe zerodhas expenses are very much higher than Alice or other discount brokers.
Hope @nithin would have think for small traders before raising brokerage from 0.01 to 0.03%.
Alice brokerage for an script of 500 with 140 quality is Rs 14 only whereas for same script with similar quality in zerodha its Rs 40.
@nithin, I know zerodha will not roll back to initial brokerage plan but I hope it would continue with that plan for the benefit of small traders.
Thanks