Hi Team,
Are there any plans to levy zero brokerage on equity delivery like other leading brokers? Upstox active users YoY have been decreasing due to this.
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After the SEBI decision to level the playing field, I donāt think they will reduce any brokerage. What they can reduce is DP charges, after 14 Oct. Upstox charges 40 Rs for trades in and out but when it comes to investing, investors are pushed for 40+21.83 Rs in and out.
it is best now to shift to mutual fund as they have started keeping less stocks and delivering smallcase like performance