Hi investors, do you guys think that it’s possible in Nepal to execute an idea like that of Robinhood, something like building an app where everyone can come and buy/sell shares commission-free, don’t need to go to a broker if you want to invest in secondary market or a bank to open a demat account for first time investors. An app with every information an investor needs to know to make smart investment and better visual graph of shares’ price history. I think you guys know what I mean. An exact emulation of Robinhood so that everyone can invest in stock market and don’t have to pay heft charges for making transactions. Feel free to share some ideas and your opinions.

More at: r/NepalStock by AsparagusIll3916

8 comments
  1. Bro yo Nepal ho authorities haru conservative mindset ko boomer haru chan yeha ko system ma change launa ra Naya policy haru banauna ta next to impossible

  2. The model of payment for order flow used by Robinhood is illegal in major countries like Canada and many European countries. So I guess that your idea is automatically rejected.

  3. I believe the main hurdle for that to happen, at least for now, is the lack of provision of APIs and other trading sources from NEPSE.

    Without robust APIs from Nepse, I don’t think we will see apps like robinhood, zerodha (from India) around. It simply is not possible. AT LEAST FOR NOW.

    Also, this is something that eventually will indeed happen. India had similar thing as we have it here now, before apps like zerodha and upstox came and changed everything.

  4. Its easy to say commission free …but unless there are other sources of income like Robinhood has its not possible

  5. no. you still have to pay sebon fee, dp fee and broker fee. robinhood works because of early buy/sell information it passes. and they can use options to make profit.

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