Indiainfoline winding up... http://www.zerodha.com/z-connect/blog/view/indiainfoline-winding-up-retail-broking
Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
Exactly.The problem with them ,they purely dependent on BROKERAGE ,whereas ,ZERODHA
(pioneer in Discount Brokerage) on Volumes.. For example, 100Rs per lot (example sake only)
is charged by them ,the total outgo on account of brokerage alone is 40*100=4000.But Zerodha
charges only Rs.20 .A saving of 4000-20=3800.
Zerodha is not dependent on brokerage alone but on VOLUMES.
This is quite similar to your favourite KIRANA store versus BIG BAZAAR.
A product in your favourite KIRANA store costs more than BIG BAZAAR ,because BIG BAZAAR
believes in volumes.
A caution,Now a days ,there are MANY discount brokers.In order remain in fray ,you have
to be competitive.
(pioneer in Discount Brokerage) on Volumes.. For example, 100Rs per lot (example sake only)
is charged by them ,the total outgo on account of brokerage alone is 40*100=4000.But Zerodha
charges only Rs.20 .A saving of 4000-20=3800.
Zerodha is not dependent on brokerage alone but on VOLUMES.
This is quite similar to your favourite KIRANA store versus BIG BAZAAR.
A product in your favourite KIRANA store costs more than BIG BAZAAR ,because BIG BAZAAR
believes in volumes.
A caution,Now a days ,there are MANY discount brokers.In order remain in fray ,you have
to be competitive.
If they wind up what happens to the existing customer whether they have to close their accounts ??
what should be done help !!!! any body .....Seniors please give a reply .....
what should be done help !!!! any body .....Seniors please give a reply .....
I still have some holding in their demat account.
How will they close my account?
Will I be forced to sell my holdings?
Congrats Zerodha on drawing first blood.
The sooner these big brokers go the better for discount broking scene.More money will flow > more competition > more innovation
Looking forward to it
:clap::clap:
How will they close my account?
Will I be forced to sell my holdings?
Congrats Zerodha on drawing first blood.
The sooner these big brokers go the better for discount broking scene.More money will flow > more competition > more innovation
Looking forward to it
:clap::clap:
I still have some holding in their demat account.
How will they close my account?
Will I be forced to sell my holdings?
Congrats Zerodha on drawing first blood.
The sooner these big brokers go the better for discount broking scene.More money will flow > more competition > more innovation
Looking forward to it
:clap::clap:
How will they close my account?
Will I be forced to sell my holdings?
Congrats Zerodha on drawing first blood.
The sooner these big brokers go the better for discount broking scene.More money will flow > more competition > more innovation
Looking forward to it
:clap::clap:
If they wind up what happens to the existing customer whether they have to close their accounts ?? what should be done help !!!! any body .....Seniors please give a reply .....
what should be done help !!!! any body .....Seniors please give a reply .....
Holdings to that account as OFFMARKET TRANSACTION .
