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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

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 210
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): Rs 350 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
STTNo STTNo STT
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

Name:Phone
EmailCity
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.
  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: 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 4 Times 3 Times 3 Times 2.5 Times
Pro Plan 20 Times 4 Times 3 Times 3 Times 2.5 Times
Ultimate Plan 20 Times Upto 6 Times 4 Times 4 Times 3 Times

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 5500 Crores of trading turnover daily. RKSV routinely processes over 2% of India's exchange turnover. (As of May 2015)
  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 per 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

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132. Suresh Menon  Aug 27, 2015 8:51:18 PM IST Reply
Dear Sir,
I am from Bangalore, who has absolutely no idea on Share Trading. What is the best lowest amount, you can invest in trading and rotating, until I gain confidence. Also let me know, whether you will be providing regular updates on market. I am very scared, AS MOST ELDERS AROUND ADVISE NOT TO ENTER INTO THIS. PLEASE ADVISE. Your valuable commants, would be much appreciated./ Suresh
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131. Bagesh Kumar  Aug 27, 2015 8:46:05 PM IST Reply
Open your trading account with RKSV security, they are very good in all , they charge 20 rs
on buy and 20 rs on sell side or 0.01% for intraday and 0.1% on delivery whichever is lower ,
Example: suppose you buy 100 stocks at price 50rs per stock then your total buy amount is 100x50 = 5000rs , according to them brokerage charges they will charge 20rs or 0.01% whichever is lower , your broker charge will be for 5000rs (5000x0.01)*100 = 0.5rs ,
so they will charge only 0.5 rs only for intraday ,

but in ICICI direct you will be charge 44rs on buy side for same transaction , I have my account in both ICICI direct and RKSV security , but now I am trading with only RKSV security.

RKSV is also give 5 free trade per month for
life with dream plan ,
if you are active trader then you can go with
RKSV , otherwise ICICI direct will eat your
hard earnings .
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130. Shiv  Aug 20, 2015 3:44:48 PM IST Reply
RKSV.. Please suggest when are you going to improve your mobile trading App. Please improve it or please withdraw it from app store. Becait is just useless app and I am unable to( also few of my colleagues who this app) place a single trade using this app. It always crashes with error, ''NETWORK ERROR''. But many times I checked that it is not a problem with my data connection as all other apps were just running fine when RKSV app continously crashes while login or while placing an order. I missed so many trading opportunities becaof this. Now I am thinking that I made a mistake by choosing RKSV just to some brokerage :(
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130.1. RKSV  Aug 27, 2015 3:51:12 PM IST
Hi Shiv,

We are very sorry that you feel that way. We constantly try to improvise our service so that trading is hassle free for all our customers. We have shared your feedback with our technical team and we assure you that the same would be taken care at the earliest. We are also in process of launching Upstox, our mobile application soon.
Warm Regards,
RKSV
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129. Ram Vijay  Aug 12, 2015 7:59:04 PM IST Reply
Dear RKSV last month i opened demat account in Kotak securities
i am new for trading so unknownly i purchased penny stock 10000shares @0.08paise but they charged brokerage 0.05paise so totally i paid Rs.1300/- for 10000shares. now this share reach to 0.26paise.
So if i sell that shares then again i have to give extra brokerage i don''t know how much.
Now you tell me if i purchased same share through your company then how much you were charged brokerage and suppose if today i sold @.26/-
then i how much your brokerage and how much i will get after reducing brokerage charge
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129.1. RKSV  Aug 27, 2015 3:17:18 PM IST
Hi Ram,

We currently do not allow trading in Penny stocks. Our Dream plan is Rs. 20 + 14% service tax (on any segment) per order traded with no fixed monthly fees. Moreover, you get 5 free trades for a month. On Intraday cash, futures and currency futures you will get the additional benefit of being charged either 1 paisa or Rs. 20/- whichever is lower. On delivery trades, you will get the benefit of either 10 paisa or Rs. 20/- whichever is lower.
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128. Ram  Aug 12, 2015 7:51:34 PM IST Reply
i want to start trading account, which is best broker company for delivery and intraday deals. Anybody please tell me which broker is best.
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128.1. RKSV  Aug 14, 2015 3:49:39 PM IST
There are a lot of discount brokers in the market who offer competitive prices.
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128.2. RKSV  Aug 14, 2015 3:50:26 PM IST
Our RMS policy is designed in such a way that traders do not ending up paying more. We do not allow trading under penny stocks. Alternatively, since you are a beginner you can trade with RKSV without brokerage for 5 trades EVERY MONTH.
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127. omprakash bhandekar  Aug 11, 2015 3:59:04 PM IST Reply
R/sir
i now going to open a/c with RKSV
can i face problem ?
here in my village there is no video conferencing etc
what to do ?
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127.1. RKSV  Aug 14, 2015 3:48:12 PM IST
Video conferencing for validating documents is mandatory as per SEBI. We can definitely look into the matter and find an alternative to help you open an account.
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126. madhav wankhede  Aug 11, 2015 8:24:59 AM IST Reply
I am student , I want to open trading account with rksv but I don''t know required documents like 6 month bank statement ?.
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126.1. RKSV  Aug 14, 2015 3:47:36 PM IST
Since you are a student it''s the best time to start trading. Even if you do not have last 6 months bank statement, we can certainly help you open an account as there are alternatives available.
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125. balaji  Aug 10, 2015 12:08:22 PM IST Reply
Dear sir,

what is total charge if I buy stock worth 1,00,000 rs. sell the stock at 1,10,000 rs.

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124. Tomal Sen  Aug 8, 2015 7:43:55 PM IST Reply
Dear sir ,
You mentioned in your website that you will provide upto 15x and 20x (bracket order) exposure over CM intraday.My question is whether the amount of margin determined with my income statement or the exposure values are same for every one ? . What will be your interest cost for exposure ? Example - If I have Rs. 5000 cash in my trading account then i can long/short on Bank of India , say 588 shares @ Rs. 170/172 each on intraday and squire off then what would be the interest cost on Rs. 95000 ?
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124.1. RKSV  Aug 14, 2015 3:46:33 PM IST
RKSV is transparent about it''s dealings with our clients. Therefore, we have various tools available on our website to help the customers work out their own trades.
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123. vikas  Aug 4, 2015 6:38:49 PM IST Reply
RKSV charges Rs 150 per month if one wants to transact in BSE under Dream Plan whereas no such charges in Zerodha
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123.1. vikas  Aug 4, 2015 6:54:35 PM IST
Any comments on above statement

and one more question

how do I transfer money from bank account to demat account and
from demat account to bank account?

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123.2. RKSV  Aug 14, 2015 3:44:25 PM IST
Rs.150 charge depends on the trading platform using which you wish to trade. If you trade using NOW platform then you get billed for Rs.150 monthly charge to trade under BSE which is charged by exchange.
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123.3. RKSV  Aug 14, 2015 3:45:46 PM IST
At RKSV we do not provide any customized exposure. It remains same for all customers. There is no interest charged on exposure.
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122. Neha  Aug 3, 2015 8:57:16 PM IST Reply
That is the worst one.
I am doing trading since 2009.currently having account with iifl.Thought to open account with RKSv after looking at benefits(which are on paper only).
I started my account opening process on 10th July when I sent them documents thru courier. After one week , I got respond that I have not send few documents(I commit that was my mistake) so I sent all those as well. Then after 1 week , I got call that they have received all documents. On next day, received call that we need to go for video calling to verify documents(that was never mentioned in the call). I conveyed that I cannot come for video calling due to office hrs.Next day, I got confirmation that they will send their PUNE representative to verify documents(if they have somebody, they could collect the document and verified at that time only without extending things like that). so we agreed upon that.
Now again after 5days, I got call that the PUNE person is on leave so they cannot send anybody.I have only one option as video calling. I asked them that they are in mumbai, anybody come and verify.Even I am already having account with indiainfoline and mapping my iifl demat(existing account since 2009) with rksv trading account then what''s the need of that ?but they just told that they cannot process my account registration now.

They have mentioned that they will open account in 24hrs after receiving document and nowhere mentioned about video calling but after 3weeks also , I got the reply they cannot open my account as I am unable to come for video calling.

Even they did not try and directly said that "we will send your document back"
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122.1. RKSV  Aug 4, 2015 3:45:19 PM IST
We are extremely sorry for such a bad experience with us. We would be very glad if you could share your details with us at Email and we can have one of our Directors call you and help you out with the issue. In the email you can ask anyone of the directors to call you. We would be very happy to help you solving the blunder done by our team. Once again sorry to bear with us.
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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
Tx
Aks
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121.1. RKSV  Aug 4, 2015 3:34:52 PM IST
After reading your comments, we feel that our efforts to provide excellent customer support has paid off. It would truly be our pleasure to serve a valuable customer like you.
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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
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120.1. RKSV  Aug 4, 2015 3:31:40 PM IST
It is possible to start trading without income proof as well. In fact, we encourage young people to start trading as soon as possible. Our customer support staff will equip you with all the required details to start trading.
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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
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119.1. RKSV  Aug 4, 2015 3:04:37 PM IST
We are truly sorry to hear of the technical difficulties you have been facing lately with our software as well as customer support. We request you to share your contact number or client code at Email so that we can speak with you personally and resolve the matter.

We would like to take this opportunity to inform you that soon RKSV is launching Upsox and Upstox Pro software, It will be India''s most powerful trading app. This will definitely eliminate all the pesky technical issues you have been facing so far.
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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?
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118.1. RKSV  Aug 4, 2015 3:03:04 PM IST
We provide Stoploss facility in our software. For more information on how it works, please contact us at 022-6130-9999 or email us at Email.
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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.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
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117.1. RKSV  Aug 4, 2015 3:01:48 PM IST
Well we can safely say that your rating just made our day. We will share your feedback on website usability with our technical team so that they can work towards making your overall experience excellent.
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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?
Or
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.
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116.1. RKSV  Aug 4, 2015 3:42:42 PM IST
I want to know one imp question.
Is Ilfs charge 22/- at sell side right?

Yes, rightly said, its charged Rs. 22 on sell side.


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

ILFS will charge the same.

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/-

Rs. 100, since ILFS will charge Rs. 22 but in trading account Rs. 100 will be reflected.

Where that 22/- demat amount charged by?

It will be charged from your bank account.

Please clarify to ur coligues one r two times and reply me.
Becasome of ur members says different information.

If you have any other queries, email us at Email
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115. bikash  Jul 4, 2015 12:41:49 PM IST Reply
Hi,
I have a demat account with HDFC back...I am currently using HDFCSec Can I two different brokers for same demat account
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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,
RKSV
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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
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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...
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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.
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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.
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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.

Enquire RKSV Trading Account:

Name:Phone:
Email:City:
State:
Are you a day trader?






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