Brokerage Reduction Plans for Scalpers with Volumeses

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Request Team Dhan, to come out with Plans for Scalpers with Volumes to get Reduced Brokerage

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Hi @vinbhat Few years back I had posted this article about Brokerage Industry and pricing, this will give a perspective how we see the pricing - Stock Broking Industry: Some perspective on Pricing / Brokerage & Way Forward | being practical

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In Short - Are you Saying “We know what we do & aren’t open for Suggestions”??

Well it’s fine…

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@vinbhat This is an interesting topic. Although I am not a scalper, I would really like to know what kind of plans you have in mind. A properly laid out proposal with numbers that benefit both users and brokers would be a good point for discussion. Just expecting the broker to come up with a new proposal on multiple plans won’t be feasible because thinking of such things takes time and money which is crucial when the team is focusing on bringing in new features.

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@PravinJ @nitishbangera

Example : A Client making Sales & Creating Brokerage at end of each day (Discount on Beokerage)

  • â‚ą 500 to â‚ą 750- getting discount of 10 %

  • â‚ą 750 to â‚ą 1000 getting discount of 12.5 %

  • â‚ą 1001 & above - getting discount of 15%

  • End of Each Month, may be Criteria, for Discount on Brokerage, for Subsequent Month.

It will help Scalpers, as it in turn helps to reduce STT & Taxes too.

Request Team to consider it,Please :folded_hands:

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Positional Cash Trades, won’t earn anything for Discount Brokers including Dhan, as it is Zero

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Well the fortunate thing about this forum is getting direct answers form us, and the unfortunate part is when the answers are not what one expects to be. It isn’t possible for us to reduce prices or offer such plans.

When the industry volumes went down after regulatory changes, we saw our revenues decline by 40-45%. Every other broking platform increased prices, DP charges, Pledge / Unpledge charges, added AMC from second year, introduced Equity delivery charges, made MTF charges as high as 0.1%, and so many things. Dhan was the only platform, or only one of rare ones that did not change its prices even by 1 paisa.

We invest a lot in product, technology, infrastructure, connectivity, people, resources, and so on. This requires money and crazy amount of resources. We prefer giving more value to users, always.

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