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RKSV Stock Trading, Demat, Brokerage and Reviews

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Open an Online Trading Account with RKSV. Leave your contact info and we will get in touch with you.

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 offers '5 free trades each month' across trade segments including Equities, Futures, Options, Currencies, and Commodities. Flat 20 Rs per Trade is charged after 5 free trades each month.

Being a discount broker; RKSV's brokerage structure is simple and easy. They offer different plans to suit your requirement. The Dream Plan which offers flat Rs 20 per trade is an excellent plan for Active Investors as well as Beginners.

RKSV's monthly plans are ideal for active traders. Choose the Pro plan for different segments or the Ultimate Plan if you do a lot of trading and require additional leverage.

RKSV transaction charges are very competitive with other discount brokers in India. They charge transaction or turnover charges at Rs 350 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.

RKSV Stock Broker Review Ratings

46 votes  Rate RKSV

Area Rating
Overall Rating Rated 4.4 stars 4.4/5
Fees Rated 4.3 stars 4.3/5
Brokerage Rated 4.6 stars 4.6/5
Usability Rated 3.9 stars 3.9/5
Customer Service Rated 4.3 stars 4.3/5

RKSV's Trading Platforms


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

2. Call & Trade

Call & Trade service is also available by RKSV but at an extra charge of Rs 20 per trade.

Account Types

RKSV offers different types of brokerage plans to suit customer requirement. A facility is available to mix and match these plans to make your own which is best suited to you.

  • The Dream Plan (Rs 20/trade + 5 free trades/month)

    This plan offers 5 free trades each month, for life and then 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 Dream plan customers get intraday leverage of 20x on equities, 2.5x on NSE F&O, 2x on NSE Currency F&O and 2x on MCX 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 Pro Plan (Flat monthly fees for unlimited trades)

    This plan offers unlimited trading on Equity Delivery Based Trades, Equity Intraday Trades, Equity F&O, and Index Futures & Options in NSE Cash, NSE F&O and BSE Cash segments. This plan is the attractive plan for high volume day traders who executes multiple trades a day. This plan is further categorized in three plans:

    • Rs 3,999 Plan

      This plan offers unlimited trading on Cash (Equities), Futures and Options segments.

    • Rs 1,999 Plan

      This plan offers unlimited trading on NSE Currency Futures and Options segments.

    • Rs 2,999 Plan

      This plan offers unlimited trading on MCX Commodity Futures segments.

    Key features of RKSV Pro Plan:

    • Pro plan customers get intraday leverage of 20x on equities, 3x on NSE F&O, 3x on NSE Currency F&O and 2.5x on MCX Futures.
    • The fee is only charges during the months you trade. If you don't trade during a month, you don't pay.
    • A service tax of 14% is applied to the fixed monthly charges.
  • The Ultimate plan (Unlimited trades in all segments at Rs 9999 per month)

    This plan offers unlimited trading on NSE Cash, BSE Cash, NSE Futures, NSE Options, NSE Currency Futures, NSE Currency Options, and MCX Futures - all for one, flat monthly fee. This plan is ideal for active traders who trade at least once a day. In this plan customer gets the margin of 20x on NSE and BSE Cash, 4x on NSE Futures, 4x on NSE Options, 4x on NSE Currency Futures and Options and 3x on MCX Futures.

    Note that a service tax of 14% (Rs. 1399.86) is applied to the Rs. 9999 monthly charge. This totals to Rs. 11,398.86.

RKSV Brokerage Charges 2015

  • Trading Account Opening Charges (One Time): Rs 350 (Rs 250 if self printed)
  • Demat account Opening Charges (One Time): Rs 300
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): Rs 400 Per Year

Special offer for our visitors:

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.

Free Brokerage Account (RKSV Free Account Opening)

RKSV Discount

Open online stock trading account with RKSV for FREE. This is a limited time offer. Pay Rs Zero Account Opening Fees and try the cheapest discount stock broker in India. Simply leave your contact information with us and RKSV representatives will contact you.


Trading Brokerages

1. The Dream Plan (After first 5 free trades)

  • Equity Delivery Based Trades: 0.10% or Rs 20 per executed order (whichever is lower).
  • Equity Intraday Trades: 0.01% or Rs 20 per executed order (whichever is lower)
  • Equity Future: 0.01% or Rs 20 per executed order (whichever is lower)
  • Equity Options: 0.01% or Rs 20 per executed order (whichever is lower) (on Turnover)
  • Currency Futures and Options: 0.01% or Rs 20 per executed order (whichever is lower)
  • Commodity Futures: 0.01% or Rs 20 per executed order (whichever is lower)

2. The Pro Plan

  • Rs 3,999 Plan: Fixed Rs 3999 per month for unlimited trades across all Cash (Equities), Futures and Options segments.
  • Rs 1,999 Plan: Fixed Rs 1999 per month for unlimited trades across all NSE Currency Futures and Options segments.
  • Rs 2,999 Plan: Fixed Rs 2999 per month for unlimited trades across all MCX Commodity Futures segments.

3. The Ultimate plan

Fixed Rs 9,999 per month for unlimited trades across all NSE Cash, BSE Cash, NSE Futures, NSE Options, NSE Currency Futures, NSE Currency Options, and MCX Futures.

RKSV Brokerage Charges in Detail

RKSV ChargesEQUITY DeliveryEQUITY Intraday
Pro Plan/Ultimate Plan BrokerageRs 0Rs 0
Dream Plan Brokerage0.1% or Rs. 20/Trade whichever is lower0.01% or Rs. 20/Trade whichever is lower
STT0.1% on both Buy and Sell0.025% on the Sell Side
Transaction / Turnover ChargesRs. 350/croreRs. 350/crore
Service Tax14% on Brokerage + Transaction Charge14% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty
RKSV ChargesFuturesOptions
Pro Plan/Ultimate Plan BrokerageRs 0Rs 0
Dream Plan Brokerage0.01% or Rs. 20/Trade whichever is lowerRs 20/trade
STT0.017% on Sell Side0.017% on Sell Side(on Premium)
Transaction / Turnover ChargesRs. 210/croreRs 5500/crore on premium turnover
Service Tax14% on Brokerage + Transaction Charge14% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Charges
RKSV ChargesCurrency FuturesCurrency Options
Pro Plan/Ultimate Plan BrokerageRs 0Rs 0
Dream Plan Brokerage0.01% or Rs. 20/Trade whichever is lowerRs 20/trade
Transaction / Turnover ChargesRs. 155/croreRs. 6000/crore on premium turnover
Service Tax14% on Brokerage + Transaction Charge14% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Charges
RKSV ChargesCommodity Futures
Pro Plan/Ultimate Plan BrokerageRs 0
Dream Plan Brokerage0.01% or Rs. 20/Trade whichever is lower
CTT0.01% only on the sell side
Transaction / Turnover ChargesRs. 260/crore (Rs 210 Transaction + Rs 50 Clearing Charges)
Service Tax14% on Brokerage + Transaction Charge
SEBI ChargesRs 0
Stamp ChargesRs 100/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% of the total cost of brokerage plus transaction charges.
  • SEBI Turnover Fees: This is charged at Rs 20 per Crore.
  • Transaction or Turnover Charges: This is charged at Rs. 350/crore for Equity, Rs. 210/crore for Futures, Rs. 5500/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 / IL&FS Demat Account Charges

RKSV has partnership with IL&FS (Infrastructure Leasing & Financial Services), India's leading Demat account service provider (or DP or depository participant). IL&FS offers services to electronically store the shares and securities owned by the investors. The RKSV (IL&FS) charges for demat account transitions are as below:

Demat TransactionsDemat Charges
Annual Maintenance charges (AMC)Rs 350 per year (paid up-front every year)
Transaction charges (Market/Off Market / Inter-depository Transactions)Rs 15 per debit instruction + 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:

How to open account with RKSV Securities Ltd?

Opening account with RKSV is simple and easy.

Contact RKSV / Request Call Back

Are you a day trader?

RKSV Advantages

  1. RKSV dream plan offers 5 free trades per month for life time with no hidden fees. Your first 5 executed orders per month are absolutely free.
  2. RKSV's transaction or turnover charges are among the one of the lowest in the discount brokerage industry. They charge 30 - 40% less than competitors.
  3. There are multiple plans available to suit different investor's need. If you are a frequent trader you can choose the pro plan. If you are an investor or casual trader and make only few trades a month, you can choose the dream plan (maximum Rs 20 per trade).
  4. Mix and match of different plans is possible. A client can sign up for (Pro Plan and Dream Plan for currencies).
  5. RKSV offers 10% referral credit to its customers. Simply refer a friend and 10% of brokerage paid by your friend is credited to you.
  6. 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.
  7. RKSV offers Cover Orders.
  8. RKSV allows bracket orders with a trailing stop loss. Bracket orders are available across all segments including futures and options.
  9. 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.
  10. RKSV have branch offices in Delhi and Mumbai.

RKSV Disadvantages

  1. RKSV doesn't provide facility to invest in IPO, FPO, Mutual Funds and Offer For Sale (OFS).
  2. 3-in-1 accounts are not available as company doesn't provide banking services.
  3. 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 case with all the discount brokers.
  4. Citibank account can't be linked for online fund transfer.
  5. Trading clients are not available for operating system Mac and Linux.
  6. 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.

RKSV Complaints received at BSE / NSE:

Number of customer complaints lodged against share broker RKSV:

Exchange Financial Year Number of Clients * Total Complaints **
NSE 2014-15 5,968 3
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.

Broker complaints in India - Year wise complaints received by exchange

Useful links about RKSV

  • Contact RKSV for trading & demat account.
  • RKSV Website:
  • Corporate Office: 212, Trade Centre, BKC, Bandra (E),
    Mumbai - 400 051
  • Branch Office: 807, New Delhi House, Barakhamba Road,
    New Delhi - 110 001

Enquiry Form

RKSV Margin / Exposures on Equity Trading

Margins BSE and NSE Cash NSE Futures NSE Options NSE Currency F&O MCX Commodities
Dream Plan 20 Times Exposure 3 Times Exposure 3 Times Exposure 2 Times Exposure 2 Times Exposure
Pro Plan 20 Times Exposure 3 Times Exposure 3 Times Exposure 3 Times Exposure 2.5 Times Exposure
Ultimate Plan 20 Times Exposure 4 Times Exposure 4 Times Exposure 4 Times Exposure 3 Times Exposure

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

Reasons why one should open an account with RKSV:

  1. RKSV customers do over Rs 3500 Crores of trading turnover daily. RKSV routinely processes over 2% of India's exchange turnover. (As of Dec 2014)
  2. They have over 20,000 customers all across India. (As of Dec 2014)
  3. RKSV 'Dream Plan' offers you 5 free trades per month, for LIFE. Each trade thereafter only costs a flat 20 rs/trade.
  4. RKSV customer service desk speaks over 12 languages and in most cases answer your phone call within 30 seconds.
  5. RKSV offer's powerful technology and trading tools to help you make the right trading decision. Trade on desktop, mobile or web.
  6. RKSV have full trading memberships on the NSE, BSE and MCX.

RKSV Securities Ltd Reviews

121. Aks  Jul 30, 2015 6:52:37 PM IST Reply
Hi ma search ends here knowing a cmpny wd low brokerage soon m gonna open ma account wd u n hope no hidden charges n other technical pbs in rate comes. N last BT not d least I would lyk to appreciate rksv for their so much struggle n then dream come true
120. Goutam Sarkar  Jul 24, 2015 3:14:57 PM IST Reply
dear sir ,
I am a student and having no income instead of savings . Can I trade with you ? I have all necessary documents like pan , address proof , identity poof savings account with cheque etc . Do you support net banking from any bank ? Thanks
119. B V Rao  Jul 21, 2015 12:54:14 PM IST Reply
I am trading in RKSV for the past one and half year. The software is not upto the mark. The streaming of rates/quotes suddenly stops and you cannot do anything. You have to logoff through task manager and login again. This happens almost 4 to 5 times a day. Every time they say one reason or other.
Today it is a horrible experience for the first half an hour. In last month for a whole day the system was not working and orders could not be placed. The technical team will inform only at the last moment. phone is having IVR facility and will be lifted only after three to four minutes. Today they have disconnected the phone. They do not have dedicated one to one support staff. Always you have to dial the only one land line available and wait for three to four minutes for getting a reply and by that time market may go up or down . SL and Target you have to enter on daily basis and it will not be carried over for the next day, which is available with some broker firms. Messages displayed are in such a fashion, you cannot understand what the system is saying. Some times reports shows wrong values. They need to improve a lot on technical side
118. Ramkishore  Jul 17, 2015 9:11:51 PM IST Reply
I have a query trading products.
Can we place stoploss/stoplimit orders in rksv platform?
let me explain it in brief about stoploss orders. I have seen in my friends account with karvy having this facility. i.e we can place a stoplimit order to buy a stock above a trigger price and sell a stock below a trigger price.
for expample, Yes bank is trading at CMP of 828 and i want to buy the stock if it goes above 832 only(at mkt price i.e above 832). similarly I want to sell yes bank if it falls below 824.

Hope my question is clear and please let me know this type of product exists with rksv or not?
117. Dinesh babu  Jul 12, 2015 10:30:08 AM IST Reply
Website usability should be developed more that''s all .overall great to be a part of Rksv securities.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
116. murthy  Jul 10, 2015 5:53:06 PM IST Reply
I want to know one imp question.
Is Ilfs charge 22/- at sell side right?

Is that amount is charge at which side?
I mean ilfs cut 22/- amount in our personal bank account?
ilfs cuts 22/- amount in trading account?

Please give clarity information about this.

Eg: if in delivery I buy 1share @100/-(ignore brokerage charges)
Sell 1share @ 100/-(ignore brokerage charges)

How much amount will credit in my trading account.

100 or 100-22 (demat charges)=78/-

Where that 22/- demat amount charged by?

Please clarify to ur coligues one r two times and reply me.
Becasome of ur members says different information.
115. bikash  Jul 4, 2015 12:41:49 PM IST Reply
I have a demat account with HDFC back...I am currently using HDFCSec Can I two different brokers for same demat account
115.1. Puneet  Jul 8, 2015 12:04:43 PM IST
Hi Bikash,

Yes, you can link one demat account to two trading accounts. But you would have the POA (Power of attorney) for that demat account activated only for one trading account. For the others, you need to transfer shares using DIS( Delivery Instruction Slip).

We hope that answered your questions :)

Do let us know if you have any further queries.

Warm Regards,
115.2. Bikash  Jul 18, 2015 12:26:13 AM IST
I think its a trouble some process. I just want to link my HDFC demat to RKSV. Do in that case also I need to provide power of attorney to RKSV. Can you just tell me waht is DIS exactly and how its work.Does that mean I cannot trade on call or anyextra charge for it
114. Vinod  Jul 2, 2015 9:33:54 PM IST Reply
Dear sir,
I have one doubt in account opening process, I opened new icici bank account,they didn''t provide me any passbook but they given cheque book without name, with this account how can I open open trading account tell me?
Thanks in advance...
114.1. RKSV Securities  Jul 3, 2015 8:51:14 AM IST
There are two ways to do this.

1) You need to ask a passbook from the bank.


2) You can downthe statement which will have all the details. This would definitely serve the purpose.
113. Ajay  Jul 2, 2015 4:47:51 PM IST Reply
I have an account with RKSV and am very happy with the services.

I am an active trader and I like RKSV.

However , I am a bit disappointed that RKSV doesn''t provide margin against shares for trading F&O. I have deemat account with Reliance and want to link it with my RKSV Trading account provided you give me margin against shares.
113.1. RKSV Securities  Jul 3, 2015 8:52:09 AM IST
Thank you for being happy with our services. Right now we will not be able to provide margin against shares. We will definitely come up with this feature in coming time and will let you know.
112. Sanjeev  Jun 26, 2015 10:36:42 PM IST Reply
Can I bid for OFS through you.
If yes, What is the process
112.1. RKSV  Jun 30, 2015 11:05:31 AM IST
OFS is possible through us. You just need to call us and have us place the orders for you for OFS trades.
111. Raman  Jun 21, 2015 10:27:42 AM IST Reply

I am really not known to this trading and all but I am keen to learn and want to trade in market. so can you guide me how can I start and be a part of this.

111.1. RKSV Securities  Jun 25, 2015 5:14:37 PM IST
Dear Mr. Raman,

Thank you for your interest in trading with RKSV. Please share your contact details and our officer will assist you regarding the same.

Warm Regards,
111.2. RKSV  Jun 30, 2015 11:06:15 AM IST
Dear Sir,

We are happy to announce the launch of RKSV''s education portal:

We have launched Trade Academy with two basic courses: Introduction to Stocks and Options: Decoded. Learn online through high quality videos and courses at your own pace. Soon we shall add a course technical analysis, and will keep adding courses at regular intervals. Please write to Email if you have any questions/suggestions. We would love to hear from you.

with it and are ready to open an account, let us know and we can assist you further.

Additionally you can also log on to Moneybhai ( to try virtual stock market trading. both of these tools to develop and enhance your stock market knowledge.
110. sachin kumar  Jun 21, 2015 10:01:00 AM IST Reply
109. Sanjeev  Jun 10, 2015 4:02:17 PM IST Reply
Do you allow trading in Bonds/NCDs listed on NSE/BSE.
If yes whether online or offline
109.1. RKSV Securities  Jun 25, 2015 5:13:47 PM IST
Dear Mr. Sanjeev,

We allow trading under all NCD''s listed in NSE/BSE exchange with 100% margin.

Warm Regards,
108. vinay  May 29, 2015 6:43:22 PM IST Reply
Can I purchase NAV through RSKV
108.1. RKSV Securities  Jun 25, 2015 5:11:38 PM IST
Dear Mr. Vinay,

Presently RKSV does not allow trading in NAV. You can trade in equity, F&O CDS and non agro based commodities with us. We will update our website once we allow trading in NAV.

Warm Regards,
107. gurpreet singj  May 28, 2015 5:02:53 PM IST Reply
Let''''s take an example with Nifty Futures. Assume the exchange charges 39,895 per lot with 2.5 times exposure, you divide 39,875/2.5 = 15,958. So instead of 39,895, you will instead only require 15,958 per lot. Since you mentioned Rs. 50,000 in margin, 50,000/15958 = 3.13. So, with this amount you will be able to 3 lots of Nifty.

What does 39895 rupee mean .plz
107.1. RKSV Securities  Jun 25, 2015 5:08:40 PM IST
Dear Mr. Singh,

Rs. 39895 is the overnight margin per lot required by exchange to trade in a particular product (Span+Eposure). In your example it is Nifty. Since we provide intraday margins you can buy 3 lots of nifty under MIS if you have Rs.50000.

Warm Regards,
106. Vinod  May 18, 2015 6:49:59 PM IST Reply

I want to open a trading & demate account. My mostly trade will be in future and approx trade will be maximum 50 per month. Can you please suggest wchich option will be better for me.

Most important, can I t-bills/govt bond as a margin for futures?

It would be great if you can give an example showing total expense on 1 future buy sell trade i.e. brokrage, STT, service tax, demate charges etc. etc.

I appriciate your assistance.
106.1. RKSV  May 23, 2015 2:57:03 AM IST
Hi Vinod!

Thank you for posting your query. We suggest that you go for our Dream plan to start with, wherein you will be given 5 free trades each month for life. This is a great way to see if RKSV is right for you. After 5 trades, you get charged just Rs. 20 per order traded. Eventually, if you feel that it makes sense, you can move to any of our monthly plans.

Currently, we do not provide collateral or margin against T-bills or bonds. Once this is available, we will update our website immediately.

With regards to your queries on brokerage and other charges, the easiest way to get that answered is to our popular brokerage calculator.

Just type in the quantity of shares you would like to buy and sell for intraday. The calculator will show all charges in a transparent fashion.

We hope that answers your questions.

Warm Regards,
105. Krishna  May 18, 2015 4:53:51 PM IST Reply
Dear sir,

Since i am outside india and i have no cheque leaves presently, so how i remit the account opening charges as i like to open a trading account online. Kindly advise.

105.1. RKSV  May 23, 2015 2:53:27 AM IST
Hi Krishna,

Thanks for reaching out to us.

We are glad to inform you that we offer zero account opening charges if you open your account through Chittorgarh. Therefore, you do not have to worry about sending us an account opening cheque!

For linking your bank account with your RKSV trading account, your latest bank statement copy showing your name, account number, IFSC and MICR code will suffice. .

Best of luck!

Warm Regards,
104. Praveen Kumar  May 18, 2015 2:28:57 PM IST Reply
How long does it take to open and close an account with RKSV? Is there a minimum amount required to start shorting shares? If I opt for RKSV''v pro plan for intraday equity what would be the monthly total fixed cost (brokerage + tax on brokerage)? How long does it take for funds withdrawal?
104.1. RKSV  May 23, 2015 2:49:52 AM IST
Hi PRaveen!

Here is how it works.

Once RKSV receives your account opening documents, your account will be opened within 2-3 working days. This time frame assumes that all your documents are proper and no additional requirements are raised from us (sometimes, clients forget to propely fill out the required fields).

For closing an account, all you need to do is send us an email at Email and we will process the closure ASAP.

Our Pro Plan is Rs. 3,999 + 12.36% service tax, which comes to Rs. 4,493.27/-. You can trade in equity and F&O under this plan.

You can withdraw your funds through your back-office login. The withdrawal will be done via NEFT/RTGS and should be completed by the next working day subject to T+2 Settlement.

Please write back to us if you have more queries. We are glad to help you.

Warm Regards,
103. Nitin  May 1, 2015 12:12:38 PM IST Reply
Best rates , 5 trade free per month what else you want?


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
103.1. RKSV  May 23, 2015 2:46:46 AM IST
Dear Nitin,

Thanks for your feedback, taking time out and rating us. Such highly motivating ratings is what keeps us going. We will work towards making your overall experience incredible.

Warm Regards,
102. Ravi Adukia  Apr 23, 2015 8:49:28 AM IST Reply
I have demat account with ILFS NSDL .is that ok or I have to open new account.I at present deal in Equity Cash market and SLB segment.How can I deal in both segments, please guide.pls also inform your charges for both with depository charges including delivery charges for both equity cash and SLB segment.
102.1. RKSV  May 23, 2015 2:43:15 AM IST
Hi Ravi!

RKSV has tied up with IL&FS to provide customers a demat account. In case you wish to link your existing demat account with RKSV trading account then you can do so by providing a Client Master Report (CRM) copy. Our DP charge is Rs. 22 per day per script irrespective of the quantity on selling delivery based shares.

Currently we do not allow trading in SLB. You can trade on equities, F&O, currency and MCX segments with RKSV.

Best Regards,

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