Free Trading + Demat Account

RKSV Stock Trading, Demat, Brokerage and Reviews 2017


RKSV is Mumbai, India based popular discount broker offering budget brokerage plans to India stock & commodity market investors. RKSV is well known for its flat Rs 20 per trade irrespective to the size of the trade across trade segments including Equities, Futures, Options, Currencies, and Commodities.

Being a discount broker; RKSV's brokerage structure is simple and easy. They offer different plans to suit your requirement.

RKSV transaction charges are very competitive with other discount brokers in India. They charge transaction or turnover charges at Rs 325 per crore for equity, Rs 210 per crore for futures and Rs 5500 per crore for options (on premium).

Like other online stock trading companies, RKSV provides trading services to buy & sell stocks, futures & options online. RKSV Commodities provides trading services to buy & sell commodities online.

Special Offer: Rs 2000 Brokerage credit (when you switch from another broker) for limited time. Get the offer.

RKSV Rating (by the customers)

70 Votes

Overall Rating Rated 4.0 stars 4.0/5
Fees Rated 4.2 stars 4.2/5
Brokerage Rated 4.4 stars 4.4/5
Usability Rated 3.6 stars 3.6/5
Customer Service Rated 4.0 stars 4.0/5

Do you trade with RKSV? Rate RKSV

Information about RKSV account opening, RKSV open account, RKSV opening charges, RKSV account opening charges, RKSV account opening status, RKSV amc charges, RKSV account charges, RKSV account closure

RKSV's Trading Platforms

1. Upstox

Upstox Logo

Upstox is the mobile and website based trading platform. Upstox makes it easy to place orders through mobile phones and web browser. It offers online trading, analysis, charting and many more rich trading features.

Upstox offers brokerage free trading in Equity Delivery segment. Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives is available through Upstox Pro for flat Rs 20 per trade.

2. NEST

RKSV offers trading using the NEST, the trading platform build by Omnisys and used by most brokers in India. NEST Trading Platform include installable trading terminal, website based trading and mobile trading facility; available for free to all its customers. RKSV do not charge any software uses fee.

Customer can use below ways to trade with RKSV using NEST:

  1. Trading Terminal; The downloadable NEST Trading Platform EXE (Only for Windows OS)
  2. Website based NEST Online trading
  3. NEST Mobile for Android OS

Find info about RKSV platform, RKSV trading platform, RKSV trading software, RKSV trading demo, RKSV Demo, RKSV download, RKSV software download, RKSV software, RKSV stop loss, RKSV trading and RKSV trading account.

Account Types

RKSV offers discount brokerage plans to suit most investors / traders requirement.

  • Rs 20 per trade

    This plan allow you to trade any number of shares at a flat rate of Rs 20 per executed order. The Rs 20 brokerage is applicable on trades in all segments including Cash (Equities), Futures, Options, Currency Futures and Options, and MCX Futures. You pay flat Rs 20 even if one order has 10 lots on Options. There is no monthly commitments. Also customers get intraday leverage of 20x on Equities, 4x on NSE F&O, 4x on BSE/NSE Currency F&O and 3x on MCX Commodity Futures.

    Note that a service tax of 14% (Rs. 2.80) is applied to the Rs. 20 per order traded charge. This totals to Rs. 22.80 per trade.

RKSV Special Offers

Special Rs 2000 Brokerage Credit [Switchover Bonus]

Switch over to RKSV from your current broker in order to avail the Rs 2000 brokerage credit. You just need to open a free account with RKSV and submit a contract note from your existing broker to get the credit. Simply leave your contact information with us and RKSV representatives will call you. Hurry up! offer ends soon.

RKSV Brokerage Charges 2017

  • Trading Account Opening Charges (One Time): Nil
  • Trading Annual maintenance charges (AMC): Nil
  • Demat account Opening Charges (One Time): Nil
  • Demat Account Annual Maintenance Charges (AMC): Nil

Trading Brokerages

Standard Plan

  • Equity Delivery Based Trades: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trades: Rs 20 per executed order
  • Equity Future: Rs 20 per executed order
  • Equity Options: Rs 20 per executed order (on Turnover)
  • Currency Futures and Options: Rs 20 per executed order (whichever is lower)
  • Commodity Futures: Rs 20 per executed order (whichever is lower)

RKSV Brokerage Charges in Detail

RKSV ChargesEQUITY DeliveryEQUITY Intraday
BrokerageRs 0Rs 20/Trade
STT0.1% on both Buy and Sell0.025% on the Sell Side
Transaction ChargesRs 325/croreRs 325/crore
Clearing ChargesRs 0/croreRs 0/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 1000/Crore
RKSV ChargesFuturesOptions
BrokerageRs 20/TradeRs 20/trade
STT0.017% on Sell Side0.05% on Sell Side(on Premium)
Transaction ChargesRs 190/croreRs 5000/crore on premium turnover
Clearing ChargesRs 20/croreRs 500/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCurrency FuturesCurrency Options
BrokerageRs 20/Trade whichever is lowerRs 20/trade
STTNo STTNo STT
Transaction ChargesRs 110/croreRs 4000/crore on premium turnover
Clearing ChargesRs 40/croreRs 2000/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCommodity Futures
BrokerageRs 20/Trade whichever is lower
CTT0.01% only on the sell side
Transaction ChargesRs 210/crore
Clearing ChargesRs 50/crore
Service Tax15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/Crore

RKSV Charge Structure Explanation:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charges based on the state the customer is located in.
  • Service Tax: This is charged at 14.5% of the total cost of brokerage plus transaction charges.
  • SEBI Turnover Fees: This is charged at Rs 20 per Crore.
  • Transaction Charges: This is charged at Rs 325/crore for Equity, Rs 190/crore for Futures, Rs 5000/crore on premium for options.
  • Clearing Charges: This is charged at Rs 20/crore for Futures, Rs 500/crore on premium for options.

Other Charges (RKSV Broker Hidden Charges / Fees):

  1. Call and Trade feature is available at an extra cost of Rs 20/- per order.
  2. Digital contract notes are available free of charge. Physical contract notes are available at Rs 25 per contract note plus courier charges.
  3. Instant Transfer: For Commodities trading, transferring funds into your commodities trading account is a simple process. Instant fund transfer in NEST is available. RKSV supports instant bank transfers for over 20 banks. You can use the NEST trading platform (EXE) to instantly transfer funds from your bank account to your trading account and have it reflect on your margin immediately. There is a Rs 7 transfer fee charged for instant transfers. A daily limit of 2 lakhs is applied on instant fund transfer.
  4. They do not charge any fees for depositing money for trading. For money withdrawals, RBI charges fees based on the amount you want to transfer
    Using NEFT:
    • For transactions up to Rs 1 lakh - not exceeding Rs 5 (+ Service Tax)
    • For transactions above Rs 1 lakh and up to Rs 2 lakhs - not exceeding Rs 15 (+ Service Tax)
    • For transactions above Rs 2 lakhs - not exceeding Rs 25 (+ Service Tax)

    Using RTGS (RBI Circular):
    • Rs 2 lakh to Rs 5 lakh - not exceeding Rs 30 per transaction.
    • Above Rs 5 lakh - not exceeding Rs 55 per transaction.

RKSV Demat Account Charges

The RKSV charges for demat account transitions are as below:

Demat TransactionsDemat Charges
Annual Maintenance charges (AMC)Rs 0
Transaction charges (Market/Off Market / Inter-depository Transactions)Rs 8 + depository charges at actual
Pledge Charges Creation / Closure and Confirmation of both0.02% of transaction charges subject to a minimum of Rs 50 + NSDL/CDSL charges at actual
Pledge Charges for Invocation0.05% of transaction charges subject to a minimum of Rs 50
Dematerialization ChargesRs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.
Rematerialization ChargesRs 25 per certificate or 0.05% of the value whichever is higher
SLB ChargesFor Securities Borrowings: Rs 25 + NSDL/CDSL charges at actual
For Securities Lending: Rs 25 + NSDL/CDSL charges at actual
Repurchase / Redemption ChargesRs 25 per transaction + Depository charges at actual
Failed or Rejected TransactionsRs 50 per transaction
Demat Rejection ChargesRs 35 per rejection for every 500 grams
Adhoc / Non periodic statement requestsAdhoc statement requests - Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 + courier / postage charges.
E-Mail StatementFree periodic bills, transaction statement and other communication through email.
Cheque Bounce chargesCharges applied based on charges as determined by our bankers

Useful Articles:

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How to open account with RKSV Securities Ltd?

Opening account with RKSV is simple and easy.

Get information about RKSV broker, RKSV branches, RKSV sub broker, RKSV support, RKSV customer care, RKSV user reviews, RKSV user manual, RKSV website, RKSV review and RKSV toll free number

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RKSV Pros and Cons

RKSV Advantages

  1. Unlike most discount brokers, RKSV has their own demat services. RKSV's charges are among cheapest demat charges in India.
  2. RKSV's transaction or turnover charges are among the one of the lowest in the discount brokerage industry.
  3. RKSV offers 10% referral credit to its customers. Simply refer a friend and 10% of brokerage paid by your friend is credited to you.
  4. RKSV has an online helpdesk and ticketing system. Customer can track the responses on your quries on real time basis. This is unique and very useful feature provided by RKSV.
  5. RKSV offers Cover Orders.
  6. RKSV allows bracket orders with a trailing stop loss. Bracket orders are available across all segments including futures and options.
  7. 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.
  8. RKSV have branch offices in Delhi and Mumbai.
  9. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are available in commodities trading segment.

RKSV Disadvantages

  1. RKSV does Prop Trading which increases the risk for the broker and thus the money customer keep with them. Proprietary trading are the trades done by the broker to make a profit for itself. In most cases part of it is done with the customer margin money with the broker.
  2. RKSV doesn't provide facility to invest in IPO, FPO, Mutual Funds and Offer For Sale (OFS).
  3. 3-in-1 accounts are not available as RKSV doesn't provide banking services.
  4. Unlike most 3-in-1 accounts provider, RKSV Back Office is not integrated with its trading platform. It's a separate website and most data in the back office gets updated overnight. This is the same case with almost all discount brokers.
  5. BTST/ATST (Buy Today / Sell Tomorrow or Acquire Today / Sell Tomorrow) facility is not available with RKSV. Through BTST; you can buy stock today and sell it tomorrow before you get the delivery of the shares.
  6. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in Equity Segment.
  7. Margin Funding is not available. You can trade only when you have enough money in your trading account.
  8. Trading clients are not available for operating system Mac and Linux.
  9. Call & Trade is available at additional Rs 20 per executed order.

RKSV Complaints received at BSE / NSE:

Number of customer complained against RKSV Securities Ltd share broker. The RKSV Securities Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

RKSV Securities Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
BSE 2016-17 3,049 1
NSE 2016-17 13,774 10
BSE 2015-16 3,049 1
NSE 2015-16 10,622 10
NSE 2014-15 7,372 4
BSE 2013-14 340 1
NSE 2013-14 4,631 1

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about RKSV

Enquiry Form

RKSV Margin / Exposures on Equity Trading

BSE and NSE CashNSE FuturesNSE OptionsNSE Currency F&OMCX Commodities
Margin 20 Times 4 Times 4 Times 4 Times 3 Times

RKSV - Margin Against Shares (MAS)

You can leverage shares in your demat account to obtain margin funding to make additional trades. This margin can be used for taking intra-day and overnight positions across segments.

    Note:
  • A 25% haircut is applied while calculating collateral margin over holdings (10% for LIQUIDBEES).
  • Cash to collateral ratio will be maintained at 50:50. This means that in order to trade with collateral margin, at least the equivalent amount in cash must be available in your account, failing to which orders will be rejected.
  • MAS will be allowed on all instruments except Equity delivery and Options (buy side trades).
  • Rs 50 per scrip will be charged toward placing a pledged or un-pledged request.
  • You must have a demat account with RKSV in order to avail MAS.

Upstox Priority Pack - For people who need higher leverage

UpStox offers priority at an additional monthly charge for traders who need higher leverage.

Pricing of Upstox Priority Pack

  • 999 Monthly - Priority Pack for Equities, F&O and CDS segments. 
  • 499 Monthly - Priority Pack for Commodities. 

What do you get in a Priority Pack?

Priority Pack offers trade with higher leverage:

  • 2X Intraday leverage on option buy with CO/OCO/BO
  • Get upto 7X leverage on Index Futures using CO/OCO/BO
  • No exposure margin levied on Index Futures and Options giving you up to 6X leverage.
  • 20X Intraday leverage on cash (normally 15X).

Comparison of Upstox Regular Account and Priority Pack

Intraday Trade Margin Comparison

Segment

Regular - Intraday Trade

Priority Pack - Intraday Trade

NSE/BSE Cash

15x

20x

Index Futures

4x

6x

Stock Futures

4x

4x

NSE Option Buy

N/A

N/A

Index Option Sell

4x

6x

Stock Option Sell

4x

4x

NSE Currency

4x

4x

MCX Future

2.5x

3x

Cover Order or Bracket Order Trades Margin Comparison

Segment

Regular - CO/OCO Trades

Priority Pack - CO/OCO Trades

NSE/BSE Cash

20x

25x

Index Futures

4x

7x

Stock Futures

4x

6x

NSE Option Buy

1.33x

2x

Index Option Sell

4x

5x

Stock Option Sell

4x

5x

NSE Currency

4x

5x

MCX Future

3x

4x

RKSV's Membership Information

  1. RKSV NSE Membership:
    • Capital Market (CM) - INB231394231
    • Future & Options (F&O) - INF231394231
    • Currency Derivatives (CDS) - INE231394231
  2. RKSV BSE Membership:
    • Capital Market (CM) - INB011394237
    • Future & Options (F&O) - INF011394237
  3. RKSV MCX Membership:
    • Member Code - 46510
    • FMC Regn. No. - MCX: MCX/TM/CORP/2034
  4. CDSL: IN-DP-CDSL-00283831
  5. NSDL: IN-DP-NSDL-11497282

RKSV Milestones (History of RKSV)

Journey of RKSV, The Discount Broker
Timeline Event
2009 RKSV obtained membership of NSE, BSE and MCX.
2009 - 2011 RKSV ran a Prop Tradingproprietary trading desk.
Jan 2012 RKSV started offering lost cost brokerage plan for equity and F&O trading.
Jan 2012 RKSV launched Flat Monthly Plans:
  • The Freedom Plan - Flat Rs 1947 per month for unlimited equity, futures and options trading at NSE/BSE.
  • The Currency 999 Plan - Flat Rs 999 per month for unlimited currency derivatives trading at NSE.
  • The Commodity 1947 Plan - Flat Rs 1947 per month for unlimited commodity trading at MCX.
Jan 2013 RKSV started offering Dream Plan - Flat Rs 25 per executed order for equity/futures and options/commodity/currency trading at NSE/BSE/MCX.
Mar 2014 RKSV Freedom Plans have been eliminated and replaced with Pro and Ultimate Plans. RKSV launched new plans:
  • The Pro Plan: Flat Rs 3999 per month for unlimited trading on Cash (Equities), Futures and Options segments, Rs 1999 per month for unlimited trading on NSE Currency Futures and Options segments and Rs 2999 per month for unlimited trading on MCX Commodity Futures segments.
  • The Ultimate Plan - Flat Rs 9999 per month for unlimited trades across all NSE Cash, BSE Cash, NSE Futures, NSE Options, NSE Currency Futures, NSE Currency Options, and MCX Futures.
Mar 2014 Dream Plan of Rs 25 per order is reduced to Rs 20 per order. 5 free trades every month is introduced.
Jan 2016 RKSV scrapping all old plans and introduce flat Rs 20 per trade standard plan.
Jan 2016 RKSV reached 20,000 customers. RKSV's daily turnover reached Rs 6000 Cr.
Feb 2016 RKSV raised Rs $4 million (24 Cr) in its Series A round of funding from Kalaari Capital.
May 2016 RKSV begin accepting Shares as Collateral (Margin Against Shares).

Reasons why one should open an account with RKSV:

  1. RKSV customers do over Rs 5000 Crores of trading turnover daily. RKSV routinely processes over 1.5% of India's exchange turnover. (As of Feb 2016)
  2. They have over 20,000 customers all across India. (As of Dec 2016)
  3. RKSV offers Free Delivery Trading. No brokerage fee for equity delivery trades.
  4. RKSV offers flat 20 rs per trade.
  5. RKSV offers free Demat account along with the trading account.
  6. RKSV offers powerful technology and trading tools to help you make the right trading decision. Trade on desktop, mobile or web.
  7. RKSV have full trading memberships on the NSE, BSE and MCX.
  8. RKSV offers margin against shares.

RKSV Securities Ltd Reviews

avatar
244. veenit  May 22, 2017 5:13:21 PM IST Reply
Services not up to the mark

I have referred 3 accounts to RKSV before 31st march but they didnot pay me 500 rs gift voucher as per the promo.They simply cheated me.After follow up for many times they have given me 500 rs for 1 account for other account they say it was opened offline while nothing has been done offline and application was submitted through Aadhar validation....3rd account no update....so its for those people who has lots of time and interested for cheaper service...for quality trading you should look for good brokers not the discount brokers.
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243. SUKAMAL DAS  May 18, 2017 11:39:06 AM IST Reply
CAN ANYBODY TELL ME BTST IS ALLOWED ON THIS TRADING TERMINAL?
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242. VINAY KUMAR  May 6, 2017 11:24:44 PM IST Reply
Hi RKSV, I have sent a/c opening form for HUF. For ancestral HUF date of creation is 01/01/0001 which is written on my PAN CARD. But you are not acepting it. In my Income Tax Return , Date of formation is 01/01/0001 which is acepted by Income Tax Deptt. SO please accept my application. My registered mob. No-9334189844 with you.

Thanking You
VINAY KUMAR (HUF)
avatar
242.1. VINAY KUMAR  May 13, 2017 7:38:11 PM IST
Thanks. My a/c is opened with client code-312975.
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241. rajesh yadav  May 7, 2017 8:30:47 PM IST Reply
Opened Account with RKSv( upstox) in 2015 . and continuous trading for last two years . in this 2 years time hardly made 4 -5 calls for any issue ....otherwise no problem at all. upstox is superb web based no need to install . Thanx...Hope i will also attain my goal with Rksv
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240. NITASHA  Apr 28, 2017 9:23:52 PM IST Reply
I have uploaded pan card,signature,cancel cheque to open new a/c for equity only.what more needed to get finish & save application for submission.
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239. Dakshayani B S.  Apr 19, 2017 4:58:21 PM IST Reply
At least we have to wait 10 minutes, if we call them to get represent.
And if we add the amount to trading account they will take lot of time to credit.
Their service is not up to our expectations
avatar
239.1. RKSV  Apr 26, 2017 5:14:09 PM IST
Hi Dakshayani,

Can you please let us know your details and any specific issue you faced so we can have it looked into?
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238. Ankur Yadav  Apr 15, 2017 5:16:42 PM IST Reply
I want to open an account but reading reviews it taking more than 5 weeks.
is it true.
avatar
238.1. RKSV  Apr 26, 2017 5:12:50 PM IST
HI Ankur,

You can give us your details and we can have our team reach you and help you with the details. You can decide based on your conversation with our representative.
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237. BIju Nambisan  Mar 29, 2017 12:18:58 PM IST Reply
I was with ICICI DIrect for 12 years and then moved to RKSV. I have to say, ICICI was looting money through brokerages. Very satisfied with RKSV

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
237.1. RKSV  Apr 26, 2017 5:08:13 PM IST
Hi Biju,

Thank you very much for your kind words. We will surely live upto your expectations.
avatar
237.2. RKSV  Apr 26, 2017 5:08:26 PM IST
Hi Biju,

Thank you very much for your kind words. We will surely live upto your expectations.
avatar
236. Ashutosh Bhattacharya  Mar 18, 2017 12:42:45 PM IST Reply
I was opened various account with various broker since last 15 year''s.ie share Khan,motilal oswal ,and some other discount brokers.finaly I experienced that rksv is the best among all.
There back office is also provide profit& loss account.segment wise and consolidated form also.
In simple word RKSV is the best.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
236.1. RKSV  Mar 28, 2017 4:36:13 PM IST
Hi Ashutosh,

Thank you very much for your kind words, we will try and live up to your expectations.
avatar
235. ADV  Mar 18, 2017 11:51:13 AM IST Reply
This is a must avoid. Its been more than 1 weeks I have sent my documents and they could not open my account till now.Contacted customer care over email and always got response that account will be opened in 24-48 hours .Feels wasted my time and money by opting UPSTOX to open an account. Kindly Give a Update for ticket number 260990 and 260991
avatar
234. Rahul Arora  Mar 17, 2017 9:42:27 AM IST Reply
Its such a big pain to open account with RKSV. They donot open account even in 5 weeks.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
234.1. RKSV  Mar 28, 2017 4:35:25 PM IST
Hi Rahul,

Sorry for the experience, can you please give us your contact details for us to check?
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233. prabhu  Mar 12, 2017 8:28:24 PM IST Reply
dear Rksv,

when will you add commodity in upstox web platform. eagerly waiting for that
avatar
233.1. RKSV  Mar 28, 2017 4:34:42 PM IST
Hi Prabhu,

We have started MCX on Web. You can avail the same.
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232. veenit  Mar 9, 2017 9:08:45 AM IST Reply
This is a must avoid. Its been more than 4 weeks I have sent my documents and they could not open my account till now.Contacted customer care over email and always got response that account will be opened in 24-48 hours ( I think standard copy paste reply). Saste ke chakar mein mat padna....better to go for 3-in-1 account atleast you will get good services by the company and also good customer service.Feels wasted my time and money by opting UPSTOX to open an account.
avatar
232.1. RKSV  Mar 10, 2017 11:48:39 AM IST
HI Veenit,

I am extremely sorry for the bad experience. Can you give us the ticket number or phone number, we will make sure to get it resolved. We completely understand the trouble you have gone through. But can you please give us your details and we will personally look into it
avatar
232.2. veenit  Mar 11, 2017 10:57:25 AM IST
Here is the ticket number 251633
avatar
231. veenit  Mar 9, 2017 9:06:04 AM IST Reply
poor customer service no timely handling of customer request....

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
230. Ranjan  Mar 7, 2017 9:22:37 PM IST Reply
Hi

I am working in Netherlands and also living here. I want to open a trading account so that I could I can buy shares in India. I have NRE bank account in SBI and Yes Bank. could you please give me some details regarding this, like: 1. how to open the trading/demat account.
2. What are the charges and brokerages for the NRI customers. 3. Documents requires for opening an account etc.

Thanks,
Ranjan
avatar
230.1. RKSV  Mar 10, 2017 11:46:32 AM IST
Hi Ranjan,

Can you provide us your details. We will have the NRI team get back to you on the details needed to open a NRI account?
avatar
230.2. samarth  Mar 14, 2017 12:41:43 PM IST
Hi Ranjan Jee...Better to opt for a full service trading account.You may check with your banks SBI/Yes to Bank provide you the charges and availbility of same.
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229. Rajendra  Feb 16, 2017 1:35:07 PM IST Reply
Please tell me Kolhapur branch address
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229.1. RKSV  Mar 10, 2017 11:45:29 AM IST
Hi Rajendra,

Sorry for the later reply. We do not have Branch in Kolhapur. Can you give us your details, we can have our team help you with the plans and online account opening procedure.
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228. Manoj  Feb 7, 2017 11:03:00 PM IST Reply
Hi RKSV, can you please explain what are failed transactions for which you charge INR 50 per Transaction.
avatar
228.1. RKSV  Mar 10, 2017 11:42:41 AM IST
HI Manoj,

Could you please give your client code or phone number so we can have our demat team call you and help you with he query. `
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227. pankaj  Feb 5, 2017 6:27:39 PM IST Reply
WHAT IS THE ACTUAL brokerage rate intraday and delivery.
with any example.
avatar
227.1. RKSV  Feb 10, 2017 5:40:17 PM IST
Hi Pankaj,

You can go through this link https://upstox.com/tools-and-calculators/brokerage-calculator/ for all the charges. Basically, we literally do not charge any Brokerage in Delivery. We charge Rs. 1 paise or Rs. 20 per order executed for intraday trading. But I request you to let us know your contact number or/ and go through the link given which will give you a better picture.
avatar
226. ashp  Jan 31, 2017 8:43:28 AM IST Reply
before opening account i had some doubt so i tried email rksv about that, hoping to get my query to be clarify,but till date no response from rksv . if this is situation how can one can open account with them with this unprofessional business.
avatar
226.1. RKSV  Feb 10, 2017 5:37:12 PM IST
Hi Ashp,

I am sorry for the late reply. Could you please give us the ticket number so we can have our team get back to you on the questions.
avatar
225. jay  Jan 24, 2017 11:50:04 AM IST Reply
your service is poor no concact number no trade replay
avatar
225.1. RKSV  Feb 10, 2017 5:35:50 PM IST
Hi Jay,

Sorry to hear this. Can you please give me your contact details. Extremely sorry for the late reply too.
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