Comment on Transfer funds into your trading account

Nithin Kamath commented on 28 Feb 2014, 09:36 AM

Rajesh,

The risk with a brokerage is usually when a broker offers excessive leverage to the clients, does unethical business, offers margin funding, and if the brokerage as a business is making big losses.
As you would know, we don’t offer any leverage, offer no margin funding, and last year were among the most profitable retail brokerages in India. Also this apart, our regulators, the exchanges and SEBI do an amazing job of ensuring that no such incident happens.
This question is primarily asked to us because we charge so less brokerage, but the question to be asked is why in this online world the others charge so much more.

Cheers,

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