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 RKSV Stock Trading, Demat, Brokerage and Reviews



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 Share Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service
Rated 4.4 stars Rated 4.3 stars Rated 4.6 stars Rated 3.9 stars Rated 4.3 stars Rate RKSV

RKSV's Trading Platforms

1. 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

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)

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 Charges EQUITY Delivery EQUITY Intraday
Pro Plan/Ultimate Plan Brokerage Rs 0 Rs 0
Dream Plan Brokerage 0.1% or Rs. 20/Trade whichever is lower 0.01% or Rs. 20/Trade whichever is lower
STT 0.1% on both Buy and Sell 0.025% on the Sell Side
Transaction/Turnover Charges Rs. 350/crore Rs. 350/crore
Service Tax 14% on Brokerage + Transaction Charge 14% on Brokerage + Transaction Charge
SEBI Charges 20 Rs/Crore 20 Rs/Crore
Stamp Duty


RKSV Charges Futures Options
Pro Plan/Ultimate Plan Brokerage Rs 0 Rs 0
Dream Plan Brokerage 0.01% or Rs. 20/Trade whichever is lower Rs 20/trade
STT 0.017% on Sell Side 0.017% on Sell Side(on Premium)
Transaction/Turnover Charges Rs. 210/crore Rs 5500/crore on premium turnover
Service Tax 14% on Brokerage + Transaction Charge 14% on Brokerage + Transaction Charge
SEBI Charges 20 Rs/Crore 20 Rs/Crore
Stamp Charges


RKSV Charges Currency Futures Currency Options
Pro Plan/Ultimate Plan Brokerage Rs 0 Rs 0
Dream Plan Brokerage 0.01% or Rs. 20/Trade whichever is lower Rs 20/trade
STT No STT No STT
Transaction/Turnover Charges Rs. 155/crore Rs. 6000/crore on premium turnover
Service Tax 14% on Brokerage + Transaction Charge 14% on Brokerage + Transaction Charge
SEBI Charges 20 Rs/Crore 20 Rs/Crore
Stamp Charges


RKSV Charges Commodity Futures
Pro Plan/Ultimate Plan Brokerage Rs 0
Dream Plan Brokerage 0.01% or Rs. 20/Trade whichever is lower
CTT 0.01% only on the sell side
Transaction/Turnover Charges Rs. 260/crore (Rs 210 Transaction + Rs 50 Clearing Charges)
Service Tax 14% on Brokerage + Transaction Charge
SEBI Charges Rs 0
Stamp Charges Rs 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

Name:Phone #:
Email:City:
State:
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 Recieved 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 recieved by exchange

Useful links about RKSV

  • Contact RKSV for trading & demat account.
  • RKSV Website: www.rksv.in
  • 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.

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RKSV Securities Ltd Reviews

        

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.

OR

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 

Hi,

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.

Thanks

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,
RKSV

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: www.tradeacademy.in

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 (http://moneybhai.moneycontrol.com/) 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 

100

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,
RKSV

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,
RKSV

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 tell.me

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,
RKSV

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

Hello,

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,
RKSV

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.

Krishna

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,
RKSV

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,
RKSV

103. Nitin  May 1, 2015 12:12:38 PM IST |  Reply 

Best rates , 5 trade free per month what else you want?

Ratings:

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,
RKSV

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,
RKSV

101. Nick  Apr 18, 2015 3:06:47 PM IST |  Reply 

I already have an account with Nirmal bang Securities and quite frankly, even though their charges are exorbitant, I am very happy wth their technology.

I have been reading that the terminals of discount brokers is riddled with issues related to false orders, stuck orders and so on, and they also do not provide timely support in case an issue arises. I would go ahead with opening an account with them if someone can let me know if their platform is ok, especially the mobile trading platform.

101.1. RKSV  Apr 22, 2015 9:44:42 AM IST | 

Hi Nick,

That is a very valid concern. We are presently providing the NEST software which our clients have been using on their mobile devices. No major issues have cropped up till date. We ensure that the software is user friendly and highly secure. We are also launching our own software in few months time and have designed the same keeping the end user in mind. Whether the customer is a passive investor, an active investor or an active trader, we want to ensure that our trading platforms cater to our customer''''s needs.

We can assure you that our technology offerings are at par with any other broker :) We would suggest that you try us out (zero account opening fees through Chittogarh!) and opt for our Dream Plan, where you get 5 free trades each month for life. We are committed towards providing you excellent customer support.

Thanks!

Warm Regards,
RKSV

100. aryan raaz  Apr 16, 2015 11:09:49 PM IST |  Reply 

dear sir
R U provide BTST fecility for client.

100.1. RKSV  May 23, 2015 2:45:08 AM IST | 

Dear Aryan,

As of now, we do not provide the BTST facility.

Warm Regards,
RKSV

99. PREM  Apr 8, 2015 1:56:20 AM IST |  Reply 

I AM USING RELIANCE SECURITY LTD FOR TRADING AND ALSO HAVING DEMAND ACCOUNT I THAT (CDSL),I AM WILLING TO OPEN TRADING ACCOUNT WITH RKVS,I AM HAVING FEW COMPANY SHARES IN RELIANCE DEMANT ACCOUNT, IF I SWITCH TOO RKVS MEANS MENTION THE PROCESS OF CONVERTING MY SHARES INTO YOURS DEMAND ACCOUNT AS WELL AS PROCESSING FEES FOR THAT,AND ALSO MENTION THE PROCESS OF CLOSING MY TRADING AS WELL AS DEMAND ACCOUNT IN RELIANCE...

99.1. RKSV  Apr 11, 2015 11:26:33 PM IST | 

Hi Prem!

RKSV has tied up with IL&FS to provide customers the ability to open a Demat account. After your account with RKSV is opened, you can transfer your existing holdings to ILFS by filling a Delivery Instruction Slip (DIS Slip) with Reliance. For closure of your Reliance account, we request you to please contact them directly.

I hope that helps- if you have any further queries do get in touch with us!

Warm Regards,
RKSV

98. Tejas C  Apr 8, 2015 1:45:37 AM IST |  Reply 

I want to open account with RKSV but is it possible to open account online? I can send all scan copies becai am out of India so i can''t go to office locally, i have all the documents and demat account with hdfc sec. please guide me about this. I am mainly interested in equity delivery.

98.1. RKSV  Apr 12, 2015 12:20:05 AM IST | 

Hi Tejas!!!

Absolutely! You can open an account online with RKSV. The benefit of being an online broker is that you can do just about everything everything online except when it comes to opening an account as per SEBI guidelines you need to send the physical forms & documents signed by you for account opening. As long as you have an Indian PAN card, address proof and an Indian savings bank account, you can open an account with us by sending us the documents through courier.

You can also link your existing demat account with your RKSV trading account by sending a Client Master Report (CRM) copy. Please check the below link for our Knowledge Base which will clarify all your doubts.

http://rksv.in/support/knowledge-base/

If you wish to start the account process, you can go to https://new.rksv.in to open an account.

We hope that answered your questions :)

Warm Regards,
RKSV

97. PREM KUMAR  Apr 5, 2015 12:17:47 PM IST |  Reply 

Hi,
I have already a demat account in ICICI DIRECT.com . But I want to also open an another account in RKSV. Is it possible ?
Can I link my icici demat account in rksv ?
Please , suggest me as soon as.

97.1. RKSV  Apr 12, 2015 12:36:00 AM IST | 

Hi Prem!

Of course you can! You can open another trading account with RKSV and you can also link your existing Demat account with RKSV trading account by providing us a CMR (Client Master Report) copy.

Do let us know if you have any other questions at all :)

Warm Regards,
RKSV

96. rahul  Apr 1, 2015 11:27:11 PM IST |  Reply 

Dear rksv,
How much days credit you are given for intra day and delivery base trading as per hair cut values of existing shares in delay account. I have account in reliance. They are giving me 7 days credit to settled my account.i want to open an account with rksv for my wife.so plz reply.

96.1. RKSV  Apr 12, 2015 12:44:54 AM IST | 

Hi Rahul!

Currently we do not provide collateral or margin against shares, but will be doing in the very near future! We provide margin for Intraday trades. If you carry the positions overnight, 100% margin would be applied.

To learn more about margin, visit our Knowledge Base here
http://rksv.in/knowledge-base/margin/

And to see our margin limits for our different pricing plans, visit our pricing page!
http://rksv.in/pricing/dream-plan/

We hope that answers your questions. Do feel free to get in touch with us at anytime to get more questions answered.

Warm Regards,
RKSV

95. aryan raaz  Mar 30, 2015 4:38:36 PM IST |  Reply 

dear sir
i see at ur website the low brokerage is Rs:8.00,what it means.

95.1. RKSV  Apr 12, 2015 12:49:03 AM IST | 

Hi Aryan,

That''s a great question, and actually a question that gets asked us quite often!

On average, if you take the total amount we generate in revenue through our pricing plans during any given month and divide it by the total number of trades on that same given month, the number comes out to around Rs. 8 per trade.

So that''s how that number is calculated!

Warm Regards
RKSV

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