Do you know how much brokerage you are paying per year?
Well there is a small exercise for you
Ramesh & Suresh both are traders, Ramesh working with his old broker just because he has local existence, giving 4 - 5 times leverage, giving physical contract notes & where his broker charging him Rs. 0.30 to 0.40 brokerage per Rs.100 Trade, At the same time Suresh has change the broker to Zerodha or RKSV, and trade in a range of Nil brokerage to Rs 20/- per trade.
See the below calculation, how individual earn more returns at the end of the year
Ramesh’s Statement Suresh’s Statement
In BTST You saved Rs.1,44,000 In Futures Advisory you saved Rs. 21,600
We call it Cash Back,So who you want to be Ramesh or Suresh?
What are you waiting for,
Give us a missed call on 022 3348 8105 and we will help you!
So how does Zerodha/RKSV make money then?
- F&O and intraday equity trades are still charged at flat Rs.20 per executed order as before.
- They will soon be starting margin lending for equity delivery where we will earn Interest.
- They have launchedKite trading APIs for institutions who will in turn subsidize their retail investors
- They want to grow their client base and business with the help of this initiative.
The above note is an attempt to increase knowledge and awareness among our clients and help them make big savings on Brokerage which they may not be aware of. This even compliments our Advisory returns as it increases the Overall returns for our clients on an overall basis. We have no association commercial/non-commercial whatsoever with the said entities.The details shared above are all available in public domain and on their respective website.Any service related issues will be sole responsibility of Zerodha or RKSV as the case may be and client will have to direct their queries to them directly only