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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 changed 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 changes 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 5900 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 Rated 4.41 / 5 based on 37 customer reviews

Overall Rating Fees Brokerage Usability Customer Service
Rated 4.4 stars Rated 4.2 stars Rated 4.5 stars Rated 3.8 stars Rated 4.4 stars Rate RKSV

RKSV's Trading Platforms

RKSV offers trading using the NEST Trading platform. NEST Trading Platform include installable trading terminal, website based trading and mobile trading facility; available for free to all its customers. RKSV do not change 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

Note: Call & Trade service is also available but at an extra charge.

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 12.36% (Rs. 2.47) is applied to the Rs. 20 per order traded charge. This totals to Rs. 22.47 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 12.36% 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 12.36% (Rs. 1235.88) is applied to the Rs. 9999 monthly charge. This totals to Rs. 11,234.88.

RKSV Brokerage Charges 2014

  • 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 Chittorgarh.com Visitors:

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 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
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. 5900/crore on premium turnover
Service Tax 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
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 12% on Brokerage + Transaction Charge 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax 2% of Service Tax
Higher Education Cess 1% of Service Tax 1% of Service Tax
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. 350/crore
Service Tax 12% on Brokerage + Transaction Charge
Education Cess 2% of Service Tax
Higher Education Cess 1% of Service Tax
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 12% of the total cost of brokerage plus transaction charges.
  • Education Cess: This is charged at 2% of the Service Tax.
  • Higher Education Cess: This is charged at 1% of the Service Tax.
  • 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. 5900/crore on premium.


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.

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.
  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 brach 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.

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
  • Brach 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 2.5 Times Exposure 2.5 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

(Note: Information Last Updated: 8/3/2014 10:00:00 PM)

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RKSV Securities Ltd Reviews

        

51. Santosh  Sep 17, 2014 8:11:49 PM IST |  Reply 

Do you have plan to provide BTST/ATST (Buy Today / Sell Tomorrow or Acquire Today / Sell Tomorrow) facility in future

51.1. Mukesh kothari  Sep 17, 2014 11:46:14 PM IST | 

Hi Santosh,

Please check the disadvantages section above.

BTST/ATST (Buy Today / Sell Tomorrow or Acquire Today / Sell Tomorrow) facility is not available with RKSV.

50. Subhash Singh  Sep 11, 2014 4:19:36 PM IST |  Reply 

Best Broker in all segments charges5/5 service5/5
NEST 5/5
I had a a/c with a Broker(which is also a bank) charges are very high and lot of hidden charges
currently i have a /c with RKSV, today trading is problem and hidden charges free
if older broker charged 100rs for a script then RKSV charge 6 rs for same script with same Quantity

Thanks
RKSV

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

49. azhar  Sep 09, 2014 12:40:09 AM IST |  Reply 

can I convert my intraday share into delivery is it possibble or I have to sell them same day

49.1. RKSV  Sep 15, 2014 12:08:25 PM IST | 

Good news! You can convert your intraday shares into delivery. We made a YouTube video on how to get that done http://www.youtube.com/watch?v=dg3bMfDNUoU

48. Mayur R.  Sep 07, 2014 12:21:35 AM IST |  Reply 

I want to invest in stocks. i am a beginner. My question is about Mobile Phone App. DO u provide Mobile phone trading facility through an application?

48.1. RKSV  Sep 15, 2014 12:07:39 PM IST | 

Yes we provide free mobile trading apps for Android, Blackberry and iPhone. There is absolutely no charge for this. Learn more on our trading platforms section on our website.

47. Shanthi  Sep 05, 2014 6:56:37 PM IST |  Reply 

Would like to understand how safe RKSV is? I know most of us will have this question becawe invest so much money.

47.1. RKSV  Sep 15, 2014 12:10:03 PM IST | 

We are regulated by SEBI and FMC. Our customer satisfaction rate is very good no complaints on the SEBI site. You can even read our customer stories across the Internet. If you are unsure, suggest you try us out with a tiny deposit and then decide later on :)

46. manohar  Sep 01, 2014 11:44:23 PM IST |  Reply 

I am new to this trading concepts i just wanted to know what does this statement means"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." > It means when we buy some shares the shares are not allocated at the same time? The transaction will be completed only at the end of the day at overnight?

46.1. RKSV  Sep 15, 2014 12:05:43 PM IST | 

Back Office is where you transfer money to and from your account. Trading application is where you buy and sell shares. If you buy shares during the day, say around 2 o'' clock. The transaction will be settled right then and there.

At the end of the trading hour, the back office software will reflect the newly purchased shares. It won''t reflect it "instantly" but basically within a few hours, you''ll see it in your account. That''s all

45. jignesh  Aug 23, 2014 6:35:35 PM IST |  Reply 

can I open only trading a/c?

45.1. RKSV  Sep 15, 2014 12:03:17 PM IST | 

Yes, it is not compulsory to open a demat account.

44. jignesh  Aug 23, 2014 6:31:39 PM IST |  Reply 

I want only trading a/c . I have demate a/c in vse.so I want only trading a/c in ur co.. is this posible?

44.1. RKSV  Aug 30, 2014 4:01:20 PM IST | 

Yes you can open just trading a/c and link your existing demat a/c for no charge

43. mahesh  Aug 02, 2014 1:26:48 PM IST |  Reply 

if i purchased shares today on delivery basis,& want to sell them after how many days i can sell them?

43.1. RKSV  Sep 15, 2014 12:06:47 PM IST | 

Generally, you will be able to sell them 2 days later. However, you can also avail our beneficiary facilities and sell the next day.

42. ravi  Jul 30, 2014 6:33:18 PM IST |  Reply 

hi,
can i take delivery of shares of options.

42.1. RKSV  Aug 30, 2014 4:01:56 PM IST | 

No by exchange regulations, they must be squared off on expiry

41. KAUSTUBH  Jul 28, 2014 3:31:58 PM IST |  Reply 

HII,
I AM NRI , CAN I OPEN DEMAT AND TREADING ACCOUNT WITH YOU, ?
WHAT IS PROCEDURE ?

41.1. RKSV  Aug 30, 2014 4:02:33 PM IST | 

Hi sir,

Please get in touch with a sales rep and we can help you out. You can fill out the form here to get in touch.

40. santhosh  Jul 22, 2014 11:05:44 AM IST |  Reply 

Do you have facility like ICICI''s T+5 days for BTST ?

40.1. RKSV  Jul 23, 2014 1:39:17 PM IST | 

Hi santhosh,

Unfortunately, we don''t offer BTST facilities yet.

39. ME  Jun 19, 2014 4:37:33 PM IST |  Reply 

@RKSV & others
I am new to stocks and looking to open demat+Trading account. I want to know :
1. What do u mean by 5 free trades ? It it 5 executed orders ?
2. After 5 free Trades, For Equity Delivery Based Trades: 0.10% or Rs 20 per executed order (whichever is lower) and For EQUITY Intraday: 0.01% or Rs. 20/Trade whichever is lower.... or Just flat Rs 20/Trade ???

39.1. RKSV  Jun 30, 2014 4:13:51 PM IST | 

1) Yes 5 executed orders. Number of trades can actually end up being more.
2) After 5 free trades, yes it''s priced at 0.1%/20 for delivery and 0.01%/20 whichever is lower.

38. CNR Srikanth  Jun 07, 2014 9:08:31 AM IST |  Reply 

I am fully satisfied with Brokerage which is transparent and ideally low for active traders like me and their customer service, technical support has been excellent and call and trade team executes the orders immediately - my experience with RKSV has indeed been very pleasant and satisfactory. They have to improve on SECURITY - now they have introduced long overdue TPIN and they should also provide VIRTUAL KEYBOARD for typing passwords and answering secret questions

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent

37. ANKIT AGARWAL  May 25, 2014 1:12:31 PM IST |  Reply 

I recommand RKSV for both active and casual traders..
it have got excillent services at this price rate..

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average

36. Keshav Gawde  Apr 25, 2014 12:30:34 PM IST |  Reply 

Pl let me know NEFT detais to transfer fund.

36.1. RKSV  Sep 15, 2014 12:11:13 PM IST | 

Read more here: http://rksv.in/support/funds-transfer/

35. Ravishankar  Apr 17, 2014 4:36:02 PM IST |  Reply 

Hi RKSV,

I would like to open an Demat and trading account with less brokerage and service charges and I am planning to invest as well as trade in equities.since locating in chennai Tamilnadu is there any branch office for RKSV in chennai to get the required details when never needed.

Is there any special offer avaliable for chittogarh.com visitors to open trade account.

Is there any charges for the money transfer between demat and bank account? Pls provide details for this if any. I am having my bank account in indian bank.

Can I have a on-line demo for trading for my Satisfaction?

Where can I get the form to open the account to whom I need to contact for help regarding this? How long it takes to open the account





34. Rahul Mehta  Apr 03, 2014 3:51:08 PM IST |  Reply 

Hi,

I am a frequent trading user. I am quite pleased with your services and low brokerage rates. I just want to give one suggestion. Please add cover order for intrady cash segment option in Mobile application. As of now it is available only on nest software on computers.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent

33. omprakash bhandekar  Mar 25, 2014 10:07:53 PM IST |  Reply 

I wish to open trading a/c with low brokerage charges firm advice me

32. Ashok Sharma  Mar 14, 2014 8:04:51 PM IST |  Reply 

They have one of the worst customer service - Request everyone to please be careful

32.1. ashutosh  Apr 02, 2014 8:53:43 AM IST | 

you are wrong ,they have excelent service.

32.2. SHANMUGHAM  Apr 11, 2014 2:00:45 AM IST | 

I am doing trading through RKSV for past two years. I do not have any difficulty/inconvenience in their services. Futhermore, when I have some clarification/queries, their support is very good and their response is very much satisfied. And their charges are also low. Anyone can utilise their services.

32.3. Shanthi  Aug 21, 2014 10:40:34 AM IST | 

No. I did not face any problem with the customer care. They are very prompt and supportive in all queries.

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