Thanks🙂 GIFT City routes are improving, simpler and India-regulated, but still a bit limited and costlier. For active trading though, I would still go with IBK. Low fees, great market access… the platform feels heavy at first, but you get used to it fast.
Informative as always. Can you comment on the fees/charges/commissions for the investors to cost of doing trading through GIFT city? I think it’s expensive.
Thank you. yes trading through GIFT City does feel a bit expensive right now, account fees, broker charges, and higher FX/spread costs add up. I am planning to break down the exact costs in a simple post soon.
Article is good.
Thank you 🙂
No disrespect to people doing business via GIFT City; it's simply not useful—it doesn't help Indian retail investors.
True, for many retail investors, GIFT City still doesn’t add much. Hopefully it improves over time.
Great article Smita, whats your take on IBK ?
Thanks🙂 GIFT City routes are improving, simpler and India-regulated, but still a bit limited and costlier. For active trading though, I would still go with IBK. Low fees, great market access… the platform feels heavy at first, but you get used to it fast.
Informative as always. Can you comment on the fees/charges/commissions for the investors to cost of doing trading through GIFT city? I think it’s expensive.
Thank you. yes trading through GIFT City does feel a bit expensive right now, account fees, broker charges, and higher FX/spread costs add up. I am planning to break down the exact costs in a simple post soon.