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 ICICIDirect Vs RKSV Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and RKSV Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and RKSV's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and RKSV.

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ICICI Securities Pvt Ltd.

RKSV Securities Ltd

About the Broker ICICIdirect is an online trading and investment platform on ICICI Securities, the largest stock broker firm in India providing a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, Indi... Know more about ICICI Securities Pvt Ltd. RKSV is Mumbai, India based popular discount broker offering multiple budget brokerage plans to India stock & commodity market investors. RKSV is well known for its Dream Plan (flat Rs 20 per trade irrespective to the size of the trade) which also of... Know more about RKSV Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Dream Plan
Broker Enquiry
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Stock Broker Fees / Charges

 ICICIDirectRKSV
Trading Account Opening Fees Rs 975 Rs 250
Trading Account AMC NIL NIL
Demat Account Opening Fees NIL Rs 300
Demat Account AMC Rs 450 Rs 400
Demat Account is Mandatory?
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Trading Brokerage Charges

 ICICIDirectRKSV
Equity Delivery Brokerage 0.55% Rs 20
Equity Intraday Brokerage 0.275% Rs 20
Equity Futures Brokerage 0.05% - 0.03% Rs 20
Equity Options Brokerage Rs 95 - Rs 65 per lot Rs 20
Currency Futures Trading Brokerage 0.050% - 0.030% Rs 20
Currency Options Trading Brokerage Rs 95 - Rs 65 per lot Rs 20
Commodity Trading Brokerage Rs 20
Other Brokerage Charges 5 free trades every month
Minimum Brokerage Charges Rs 35 per trade or 2.5% of the trade value whichever is lower Rs 0
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Transaction Charges

 ICICIDirectRKSV
Equity Delivery NSE: 0.0031% | BSE: 0.0035% 0.0035%
Equity Intraday NSE: 0.0031% | BSE: 0.0035% 0.0035%
Equity Futures 0.00185% 0.0021%
Equity Options 0.05% on Premium 0.0590%
Currency Futures 0.0013% 0.00155%
Currency Options 0.0600%
Commodity 0.0035%
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Share Broker Features

 ICICIDirectRKSV
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
Good Till Cancelled (GTC)
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Trading Platform NEST
Intraday Square-off Time 3:15 PM
Other Features
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Broker Ratings (Average User Rating)

 ICICIDirectRKSV
  236 Customer Reviews    Rate ICICIDirect 37 Customer Reviews    Rate RKSV
Fees Ratings 2.4 4.2
Trading Brokerage Rating 1.8 4.5
Trading Platform Usability 3.3 3.8
Customer Service Ratings 2.9 4.4
Overall Ratings Rated 2.5 stars Rated 4.4 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 236 customer reviews RKSV is Rated 4.4 / 5 based on 37 customer reviews
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Investment Options Available

 ICICIDirectRKSV
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
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Customer Service Offered

 ICICIDirectRKSV
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
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Research / Tips / Reports Published

 ICICIDirectRKSV
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
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Suitable for Investor Category

 ICICIDirectRKSV
Casual Investor
Active Investor
Trader

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Pros, Cons and Other Review Comments

 ICICIDirectRKSV
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  • RKSV dream plan offers 5 free trades per month for life time with no hidden fees.
  • Multiple plans (Dream Plan, Pro Plan and Ultimate Plan) available to suit different investor's need.
  • RKSV offers a transparent and easy to use online helpdesk and ticketing system for customer service.
  • RKSV offers Cover Orders.
  • RKSV allows bracket orders with a trailing stop loss.
  • RKSV is introducing a unique TPIN system(Telephonic PIN) to authenticate all Call and Trade transactions This will reduce the time to authenticate customers by phone and also provides increased security and transparency to the user.
  • RKSV have offices in Delhi and Mumbai.
  • RKSV offers 10% referral credit to its customers.

More Advantages...

Cons
  • ICICI Security charges high brokerage in comparison to most of the brokers.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.

More Disadvantages...

  • Call and Trade is changed at extra Rs 20 per executed order.
  • Physical contract notes Rs 25 per contract note + courier charges.
  • Doesn't offer facility to invest in IPO, FPO, Mutual Funds, Offer For Sale (OFS), Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • 24/7 customer service is not available.

More Disadvantages...

Reviews Useful Articles about RKSV:
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