hi
read all the thread from start to end.
STOnline - You have all variant products ie. per lot pricing as well as per order pricing ( which is not visible on your web, but read here) and Unlimited trading.
Can you introduce some innovative feature - like mix n match between these plans which will give flexibilty to small traders....
e.g- if a client opts for per lot basis pricing ( 7 ka dum) and if during a month he generates brok above 1899 ( ie unlimited trading plan amount), he will be automatically waived off brokerage for remainder of month ( ie. he will be considered as unlimited plan member for that particular month).
Also , your brokerage rates ( and charges)are very much competant. But you can consider lowering charges for Unlimited trading. You must be aware of one broker giving Unlimited for 500 pm ( we will not go in detail as there are some queries raised by a member which are still unanswered.)
Also another broker who is offering Unlimted for approx 2200 ( including taxes).If one don't care for ethics, he can manage to get that broker's scheme for 1800 using referral. Whereas your unlimited plan will cost approx 2100 pm.
Many traders will be glad if you can give some innovative feature with your current plans.
Can there be possibility of Mini Unlimted plan with fair usage policy ( Wild guess inspired from Internet plans.Don't know whether it's feasible) OR daily upper cap on brokearge OR unlimited trading on per day basis plan
read all the thread from start to end.
STOnline - You have all variant products ie. per lot pricing as well as per order pricing ( which is not visible on your web, but read here) and Unlimited trading.
Can you introduce some innovative feature - like mix n match between these plans which will give flexibilty to small traders....
e.g- if a client opts for per lot basis pricing ( 7 ka dum) and if during a month he generates brok above 1899 ( ie unlimited trading plan amount), he will be automatically waived off brokerage for remainder of month ( ie. he will be considered as unlimited plan member for that particular month).
Also , your brokerage rates ( and charges)are very much competant. But you can consider lowering charges for Unlimited trading. You must be aware of one broker giving Unlimited for 500 pm ( we will not go in detail as there are some queries raised by a member which are still unanswered.)
Also another broker who is offering Unlimted for approx 2200 ( including taxes).If one don't care for ethics, he can manage to get that broker's scheme for 1800 using referral. Whereas your unlimited plan will cost approx 2100 pm.
Many traders will be glad if you can give some innovative feature with your current plans.
Can there be possibility of Mini Unlimted plan with fair usage policy ( Wild guess inspired from Internet plans.Don't know whether it's feasible) OR daily upper cap on brokearge OR unlimited trading on per day basis plan
Thanks for your suggestions. You have raised some good points. We'll have to check in our backoffice software what options could be possible and at the same time are easy to understand. We wanted to keep things simple for our clients and hence started with one pricing plan and expanding it to three. However, we are still open to exploring possibilities.
As far as referral is concerned, we have referral too. The forms will be available online very soon. So, your cost would still be lesser in case of referral.
Thanks,
SmartTradeOnline.in