Dear Sir,
We as service provider create a product, privilege of defining whether this product is better or other product is better is with the users. Each service provider will have some USP, as a user is that USP of any use to a consumer or not can best be judged by user/consumer. Somewhere on this forum you had posted your analysis and it is mentioned below-
After all my digging about various brokers I have decided to open account with VPS (earlier i was thinking of TSO)
Why?
My 5 reasons:
1.VPS Plans and charges are cheaper compared to TSO
2.VPS has hybrid plans which is better than seperate plans of TSO as you dont have to worry about brokerage they have actually combined %brokerage+fixed trade+unlimited plans together.
3.DP Annual charges are less 200rs compared to VNS 300rs.
4.VPS providing online trade in commodity also,TSO no commodity trade online
5.VPS is providing SMS alerts,No sms alerts for new customers in TSO
Thanks for doing this because we may not have been so objective in doing this analysis.
We think all discount brokers can be put into a category by their product type - Pay Per Order / Monthly Fixed/ Hybrid Plans. Today traders have a choice to choose from any product depending upon their trading style. The reason given above by you may be deciding factor for some and for some it may not be relevant. It is not that all traders trading online have moved to discount brokers because they offer lower brokerage, for some it does not matter as their style of trading is different or some value brand name more.
So as consumer you are more suited to decide what service provider you choose and why. We have introduced our product and we welcome all queries related to our product here. The differentiators have been highlighted by you better then what we could have.
best wishes
We as service provider create a product, privilege of defining whether this product is better or other product is better is with the users. Each service provider will have some USP, as a user is that USP of any use to a consumer or not can best be judged by user/consumer. Somewhere on this forum you had posted your analysis and it is mentioned below-
After all my digging about various brokers I have decided to open account with VPS (earlier i was thinking of TSO)
Why?
My 5 reasons:
1.VPS Plans and charges are cheaper compared to TSO
2.VPS has hybrid plans which is better than seperate plans of TSO as you dont have to worry about brokerage they have actually combined %brokerage+fixed trade+unlimited plans together.
3.DP Annual charges are less 200rs compared to VNS 300rs.
4.VPS providing online trade in commodity also,TSO no commodity trade online
5.VPS is providing SMS alerts,No sms alerts for new customers in TSO
Thanks for doing this because we may not have been so objective in doing this analysis.
We think all discount brokers can be put into a category by their product type - Pay Per Order / Monthly Fixed/ Hybrid Plans. Today traders have a choice to choose from any product depending upon their trading style. The reason given above by you may be deciding factor for some and for some it may not be relevant. It is not that all traders trading online have moved to discount brokers because they offer lower brokerage, for some it does not matter as their style of trading is different or some value brand name more.
So as consumer you are more suited to decide what service provider you choose and why. We have introduced our product and we welcome all queries related to our product here. The differentiators have been highlighted by you better then what we could have.
best wishes
Some points which i stated earlier needs relook in view of change in calculations as earlier charges comparison were based on earlier calculator but now after seeing new calculator charges are nearly same not much difference.
Secondly Regarding DP TSO has there own DP service while VPS doesnot have.
So,now my view point should be seen by other members after this updated info.
Anyways i guess whatever i have listed sumarize most of the point so i think nothing much to add from your side.
Thanks