India’s brokerage system has seen a sea change, ever since trading can be done through online platforms.
Zerodha offers brokerage-free equity investments, retail and institutional broking, and currencies and commodities trading. It charges brokerage of 0.01% or Rs. 20 per executed order, whichever is lower, irrespective of the number of shares or their prices. Founded in 2010, it has already become a member of the widely used trading platforms, NSE, BSE, MCX, and MCX-SX.
Nithin Kamath tells us about Zerodha’s journey, how in spite of charging very low brokerage the quality of the product is not compromised, and why his venture did not require advertising or investor funding.