It’s interesting to follow Finvasia’s active clients after two months.
I think most students/young people have opened accounts on Groww just like they opened tiktok accounts.
You probably won’t get enough revenue for the number of clients you have ! (growth)
Still, they have free amc and slightly higher costs with some middlemen on various instruments!
So their profit won’t be that high!
Waiting for the time when investors want profits on the income statement!
At that time groww transforms into aggressive mode!
And Habo & Chaos happens!
Some changes are happening in their business!
Something similar has already happened with upstox…remember the intermediaries and their jerky changes in offer offerings…and many things like that…etc…!
waiting with popcorn
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why did you remove the siblings?
Perhaps they want growth at all costs!
(But at least they don’t lose money offering ridiculous discounts)More
oh!There seems to be a discount for female traders
They had a lot of money and didn’t even apply for a license…like the traditional way!
The CEO says very casually, “You can buy a company that has a license”! (As a result of VC money flowing)
They prioritize functionality over stability!
But zerodha prioritizes stability over shiny features!
dhan is probably a better candidate than upstox,groww!
As you know, CEO dhan and Nithin have the same idea about zero brokerage, but they have different opinions about growth. zerodha puts stability first (hence feature lag), while dhan puts features first.
Dan’s CEO, however, has a clear path in his mind and has great confidence in him.
Time will tell the results!
But I’m keeping a close eye on their development and customer reaction to it!
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Thought to avoid negative reviews from my side
Hence the attractive marketing to advertise your TV library as TradingView Premium Plus Users who joined for that reason will know it and withdraw. VCs expect new customers to come in every month.
And it’s free too, which users are using to analyze their trading. Example: Stream “Looser Who Trade” live on YouTube.
Why Zerodha Tops the Charts!
Zero brokerage is a difficult business. Brokers mostly earn from scalpers. Scalpers are people who expect consistent and fast order execution in return for paying small sums to brokers. Zerodha’s main income comes from scalpers.
Yeah, time changes things!Let’s see where this list goes in a few years
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I guess you are some kind of investigative journalist. am i right or am i right?
Hmm, I’m watching you from afar.
I’m interested in entrepreneurial things…learning!
That’s it 🙃
I’m looking for data (latest figures only) on active trading accounts in India…can someone help me?
Data of April 2023 (XLS – archived)-
Meaning of symbols | – no change |
– Move Up |
– move down |
– Add New |
** Note – Limit the list to 55 broker names as an XLS file ( Archive version ) in the file for future reference contains the qualified name at this time. Also, the Change column (with color codes to detect changes in rankings) is missing many brokers compared to last month’s list, so it’s not reliable after the first 20 brokers (perhaps new complaints have not been filed) in the new fiscal year)
Wow! Upstox lost 23.1% of his customers in his one month.
First downtick of growth…interesting.
Are all these people active just because they’re trying to shut down ghost trading?
@Prayag Does a negative number mean the account is closed?