Nithin Kamath of Zerodha candidly talks about building his bootstrapped business, weighing risks, and finding opportunities
First Principles
How Do You Make Money in the Stock Market?
Almost everything you hear is from broking revenue. Every time a customer of ours transacts, he pays a small amount of commissions to us. And also we charge 20 rupees per trade. We don't charge if someone's investing. If you buy a stock with the intention to hold it for more than one day, we don't charge any commissions. But if you're intending to speculate, which is a day trade or by futures and options, then we charge 20 Rupees a trade.
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