Zerodha-Sensibull Deal: Sensibull CEO and co-founder Abid Hassan announced on Monday that options trading on the platform will be completely free for all Zerodha users starting Monday, July 24, 2023. Under the deal, Zerodha will pay for this Sensibull facility and users will not be charged for it.
“This is the biggest and most exciting news since we started Sensibull in 2017. Starting today, Sensibull is 100 percent free forever for all Zerodha users,” Hassan said in a tweet Monday.
He added that users get free access to the best options trading platform in the country, Zerodha gives their options traders the best user experience and we as a company also get paid. “Everyone Wins!”
Zerodha founder and CEO Nithin Kamath said in a tweet, “We have good news for all @zerodhaonline options traders, @BeSensibull will now be completely free. We cover the costs so that @abidsensibull & Team can focus on only one thing: helping option traders do better.”
Abid Hassan said Sensibull doesn’t have to think about making an annual profit from subscriptions or selling more of its product. It has only one mission: to improve traders’ lives, try to make them profitable and do what is really good for our users.
To trade, users must pay the normal fees they pay to Zerodha – Rs 20 per order – whether they trade from Kite or directly from Sensibull. “Long story short, no extra cost for using Sensibull,” Hassan said.
“Please give us relentless feedback and criticism. Just because we’re free doesn’t mean you don’t have the right to complain. We wouldn’t be here without your feedback and criticism. Most of Sensibull is built with customer feedback. Some of our best features are designed by our users. So please keep doing that and help us make Sensibull better. Please complain, criticize and give us your valuable feedback and suggestions at [email protected] or our social media channels,” Hassan said in the tweet.
He added that lease spread the word – There’s absolutely no reason anyone should use anything else now that Sensibull is free. Our technical infrastructure is the best of all option platforms in India. “Our math is by far the most accurate. And most of the UI on other platforms is copied from us anyway. The original is always better”.
