Discount Broker Comparison

[bpr]

Does anybody have a list of discount brokers? - classified according to year of inception?

chk my signature "brokerage calculator" if you have not already done.
Go to reliability tab but they don't have concrete dates u get some idea..

 

[nidhi_agarwal]

chk my signature "brokerage calculator" if you have not already done.
Go to reliability tab but they don't have concrete dates u get some idea..

That's quite impressive calculator, but I get errors in some tabs. Could you recheck it??

 

[bpr]

That's quite impressive calculator, but I get errors in some tabs. Could you recheck it??

what error? can you paste a screenshot here?

 

[test123]

rksv updated plans so time to make v2.42 table ^^ ?

they now doing R.s 20 per trade same like zerodha ^^

 

[bpr]

rksv updated plans so time to make v2.42 table ^^ ?

they now doing R.s 20 per trade same like zerodha ^^

I just saw. Very bold and complete rejig of their plans ...
I will update the calculator ....

 

[bpr]

Updated with all RKSV chnages. Download V2.42 below

With Dream plan reducing 25 to 20 per and 5 free trades they have directly attacked on Zerodhas customer base. Zerodha has to do something.
They are now clearly number 1 in value segment.(overall considering reliability,reputation and price)
Increasing the unlimited plans is not a good move. Looks like they want to discourage unlimited plans. Or want to sell the plan to the extreme needy.(meaning extreme volume)
By retaining 1947 plan for the existing clients they retained their customer base and now want to add more customer in the value segment.
Pro plans and Ultimate plans is nothing to write home about. The price point does not make sense currently.
May be they will provide more features in the future to make it justified.
I have put the information in a way so that you can compare side by side with WC.

RKSV has added utility in their website which creates option payoff graph which is cool.
The new website redesign is nice and is at par with Zerodha.
The brokerage calculator has some bugs though should be fixed I hope.

Lets see what happens next.

 

[MonyFx]

Hi BPR and members,

Zerodha reduced Transaction costs by over 70%....

 

[MonyFx]

Its a massive and strategic move by zerodha...


Looks like BPR has to edit and make changes to the excel again releasing new updated one....

 

[MonyFx]

Just checked, ... Zerodhas new charges updated on their calculator and also the excel sheet under downloads......

 

[bpr]

As I said in my previous post it is action time for Zerodha but never thought this will happen so soon. Very good move by Zerodha, before even anybody think of switching to RKSV Zerodha in action.

Creating a edge in business is one thing but retaining that edge is another thing.
Zerodha understands this better than anybody else.

For Us traders competition between RKSV and Zerodha is very good.
Lets both prosper and compete with each other and create more value to the traders.

I will update the brokerage calculator soon...