Comment on NRI trading on Indian Stock Exchanges

Nithin Kamath commented on 06 Dec 2015, 08:19 PM

1. The current IOS app is vendor product, just about average. Our in house app Kite mobile, will be out soon, turning out like Kite Web probably the best one out there.
2. Yes
3. Yeah currently charging Rs 200 per executed order. If you buy For Rs 25lks of stocks, considering the traditional brokers (0.1% to 0.5%), the cost would be between Rs 2500 to Rs 12500 in brokerage. Rs 200 still would work out much cheaper. For us there is a big incremental cost that goes in supporting NRI customer.

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