Comment on Direct Market Access (DMA) for retail investors?

Samir Gupta commented on 01 Aug 2020, 08:18 PM

if DMA comes then it will create a choice to retailers. Brokers have to evolve otherwise time will teach you hard lessons. A good broker with better products will survive.
Zerodha brought low brokerage to this industry, but not sufficient as other brokers have started offering very good products and services today.

One example where Zerodha fails- you offer discount brokerage in derivative and equity trading, but when it comes to derivative delivery or physical settlement, you charge very hefty amount. I think DMA will help retail investors in savings 🙂 hope Zerodha will evolve and rationalise derivative Physical delivery settlement Charges 🙂

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