Finvasia experience and review?
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Since they are offering zero brokerage with no hidden cost, Is commission free trading going to be the future of broking industry? What’s your take on it?
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been trading with them for more than 6 mons, was surprised to see no hidden charges were levied , as I thought there would be since they are offering absolute zero brokerage.
I think, you maybe right, because we did evolve from full service brokers, and many international brokers have started to offer trading at zero commission, this concept has to be the next breakthrough in india as well.
What is their benefit in this
Prop trading
I think that’s great step taken keeping the Karvy case in mind. I never thought that prop trading can affect the safety of retailer’s funds.
Can we open an account without giving POA?
Maybe, I mean we did shift from full service to discount brokers. I‘ve heard other brokers have also started offering zero brokerage but with fixed plans, not like finvasia.