Comment on Start the Zerodha 60 Day Challenge
Please explain this statement !
*Effective 1st April 2016, maximum refund of brokerage for a single 60 day challenge will be Rs 6000. Institutional/algo-trading clients are allowed to take part but will not be refunded any brokerage. Minimum amount for brokerage refund is Rs 100. Certificate will be issued only if the brokerage refunded is applicable
What does it mean? Do I have to pay Rs 6000 fee for participating in 60 day challenge ?