RK Global Stock Trading, Demat, Brokerage and Reviews
Incorporated in 1995, R K Global is Mumbai, India based fastest growing Share and Commodity Broking Company. RKGlobal launched its retail brokering business in year 2004 and since then grown exponentially. Company today provides services under Equities, Derivatives, Commodities, Currency, Depository, IPO Distribution, Mutual Fund Distribution and Consultancy areas.
RKGlobal today has Pan India presence with its product offerings in over 150 cities across India though its business associates. It has excellent online trading services made available through web browser based and desktop application (exe) based trading platforms.
R K Global offers few brokerage plans beside the standard brokerage services which are very popular among share traders. The plan includes 'India Trades@Rs.999' and 'Super 9'. Information about these plans is provided in below sections.
RK Global Rated 3.93 / 5 based on 15 customer reviews
Overall Rating
Fees
Brokerage
Usability
Customer Service
RK Global Brokerage Charges 2013
RKGlobal offers attractive plans to stock market investors. Below is the detail of plans available:
Plan - India Trades@Rs.999
This plan offers unlimited trading at Rs 999 per month. No additional brokerage has to pay by the customer in this plan. This plan is available for BSE Capital Market Segment and NSE Capital Market Segment.
Monthly Membership Fees: Rs 999/- for each Segment (i.e BSE, NSE).
Brokerage (Delivery + Intraday): Nil
Additional Charges:
Software Maintenance Charges (Web version): Rs 99/- per month.
Software Maintenance Charges (Diet-Odin): Rs 299/- per month.
BSE / NSE charges and other statutory levies e.g. Security Transaction Tax (STT) & Stamp Duty etc. shall be charged extra as applicable.
DP Transaction Charges (Outgoing) Rs. 15/- per ISIN
Plan – Super 9
This plan offers fixed Rs 9 brokerage for a buy/sell transaction. This fixed brokerage is charged irrespective to the size of order. This plan is also available for BSE Capital Market Segment, NSE Capital Market Segment, NSE F&O Segment and BSE F&O Segment.
Monthly Membership Fees: Rs 0/- for each Segment.
Brokerage (Delivery + Intraday): Rs 9 per executed order
Additional Charges:
Software Maintenance Charges (Web version): Rs 99/- per month
Software Maintenance Charges (Diet-Odin): Rs 299/- per month
BSE / NSE charges and other statutory levies e.g. Security Transaction Tax (STT) & Stamp Duty etc. shall be charged extra as applicable.
DP Transaction Charges (Outgoing) Rs. 15/- per ISIN
Demat Account Charges:
Demat Account Annual Maintenance Charges: Rs. 250/-(First Year Free)
Advance against Charges: Rs. 200/- (One-time)
Transaction Charges (Outgoing) Rs. 15/- per ISIN
RK Global Advantages
Wide range of investment products available under one website.
It offers excellent brokerage plans for day traders or high volume traders. Brokerage in these plans is as cheap as what other discount broker offers.
Integrated share broker and Demat Account services.
24*7 Customer Care Helpdesk for 'Round-the-Clock' assistance.
Mobile Trading application is available for trading in the BSE, MCX & MCX-SX segments.
RK Global Disadvantages
Additional monthly charges for using online trading services.
Additional charges for Call & Trade and physical copies of contract note.
The popular discount brokerage plans, 'India Trades@Rs.999' and 'Super 9', allows trading only either in NSE Capital Market Segmentor BSE Capital Market Segmentthrough Web Base/Diet ODIN Internet trading system.
Clients should have account with HDFC Bank. You can link bank account from any other banks but in that case exposure/credit will be given only after the fund is credited to RKGlobal account.
Differentiating Factors
A discount broker offering 24*7 Customer Support Helpdesk.
(Note: Information Last Updated: 8/28/2012 8:44:00 AM)
The technical reports are useless. Its too technical to understand...like someone is taking technical trading class. Their fundamentsl valuation reports were great...but pata nahi why they stopped releasing valuation reports. Some of their coverage gave huge returns.
What is the meaning of dp charges, give me example
8.1. Satish Kumar Apr 19, 2013 12:22:33 PM IST |
DP charges are DEMAT TRANSACTION CHARGES . When you will sell your share of any company then rs 15 will be chareged extra than brokerage. For your kind information of all, Sharekhan and icicidirect dont charge any DP charges, whereas Share charges rs 400 as lump sum charge for a year.
Issue with customer care, they hardly understand what is being said. 999 platform is very good but a bit old. Technical research is average, fundamental research is good.
Brokerage: Very good Maintainence: Very good Website: Confusing Customer Service: Average Research: Impressive (except technical) Overall: Very good
Very reasonable brokerage, technical calls arent that good and technical writing is okay but long term research reports are very good. They should research cover all the bse 100 companies...in short very impressive
5. Krishna Nandraj Oct 25, 2012 11:36:39 AM IST | Reply
The best thing the company is having is low brokerage, but rest like customer service and others are worse
Ratings:
Brokerage - Excellent Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Below Average
4. Lakshmi Kanta Panja Oct 13, 2012 10:24:33 AM IST | Reply
They are really good.Only issue is that if you are using the web version of the trading terminal then it gets logged out automatically after 15-20 minutes.
Ratings:
Brokerage - Excellent Account Maintenance Fees - Excellent Website Usability - Average Customer Service - Above Average Overall Experience - Above Average
R K Global sec. is good service. All broking companies should follow this method. otherwise traders simply giving brokerage and nothing himself. Many traders trades until their pocket empty. This encourages to make profit trader himself.
Best Company great relief for day trader we can book even small profit without worrying about brokerage charges. After trying 2 Sec broker I now go home daily with profit with small target.
Sharekhan
