Sold in the Morning, Locked Out by Noon: The Hidden Friction of Five-Rupee Brokers
The pitch is undeniably attractive. Pay five rupees per trade, or pay nothing at all, and keep every scrap of your trading gains. On a spreadsheet, switching to an ultra-low-cost broker looks like an obvious decision. The savings accumulate visibly with every single transaction. Yet zero-brokerage and five-rupee platforms do not operate on magic. They Read more about Sold in the Morning, Locked Out by Noon: The Hidden Friction of Five-Rupee Brokers[…]