Thursday, February 11, 2021

Geojit Brokerage Charges - Are They Right for You?



All those who have been keeping an eye on the news regarding the highly anticipated Geojit launch of its Android mobile application, surely must have heard about the huge Geojit brokerage charges. And if you too are one among those who have been paying attention to the project and particularly keeping an eye on the pricing in the Android marketplace, then you must also be aware of the fact that the platform that was supposed to provide a unique and completely user friendly trading platform for Android has turned out to be quite the opposite, with many Android users complaining about the heavy-handedness of the brokerage industry. Indeed, the charges that have been levied upon the users of this popular app - and which is being developed by a company called "Papular" - seem to be simply too high to be accepted into the competitive market: the fees have been reported to be too high by several users of this popular app, who have complained that they have been unable to make any substantial profits while using the platform.

However, while some people might agree with the general consensus of the users who have encountered Geojit charges, there are others who will vocally argue that such fees are not justified at all. After all, the developers of this popular app have been doing nothing but improving the functionality of the platform, and are not charging their clients any additional fees so far. And if they do charge additional fees, then they are only doing it because their clients are requesting for them. And as far as the fees here are concerned, they are entirely justified as they are based on the performance of the app and are meant to cover development costs and other expenses that the developer might incur in developing the popular app in the first place.

However, there are those amongst us who will certainly question the wisdom behind such charges. After all, we all know that Android is the second most popular mobile operating system right now, with almost half the total smartphone users having access to it. With such an impressive user base, and a hugely popular app already in the market, surely it would not be a bad idea for the company to charge people for using its Android app, especially when it further offers them access to a fully featured Geojit brokerage platform? After all, that would be a very good way to keep its costs down.

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