Compare Articles Reports Glossary Complaints

RKSV FAQs (Frequently Asked Questions)

RKSV is Mumbai, India based popular discount broker offering budget brokerage plans to India stock & commodity market investors. RKSV is well known for its flat Rs 20 per trade irrespective to the size of the trade across trade segments including Equities, Futures, Options, Currencies, and Commodities. This page is no more updated as RKSV is re-br...

Do you have questions about RKSV share trading account or RKSV demat account?

Get all your share trading doubts and questions answered by reading the RKSV demat, trading account information FAQ. All RKSV questions, RKSV q&a, RKSV faq and RKSV questions and answers.

FAQs

What is AMC for RKSV?
RKSV charges ₹0 Annual Maintenance Charge (AMC) for a trading account and ₹150 for a demat account. AMC is charged to maintain the accounts.
How much RKSV charge for delivery?
RKSV charge ₹0 for equity delivery trade. These trades are also known as cash & carry trades or CNC.
How much RKSV charge for intraday?
RKSV charge ₹20 for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
How much RKSV charge for futures?
RKSV charge ₹20 for equity, currency and commodity futures trading.
How much RKSV charge for options?
RKSV charges ₹20 for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
How much RKSV charge for commodity?
RKSV brokerage charges for commodity futures is ₹20 and commodity options is . Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
How much RKSV charge for currency trading?
RKSV charge ₹20 for currency futures trading and ₹20 for currency options trading.

What are transaction charges in RKSV?

Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.

RKSV Transaction Charges 2020

Segment	Transaction Fee
Equity Delivery	NSE ₹325 \| BSE ₹275
Equity Intraday	NSE ₹325 \| BSE ₹275
Equity Futures	NSE ₹210
Equity Options	NSE ₹5500
Currency Futures	₹150
Currency Options	₹6000
Commodity	MCX ₹260/Cr

Can I apply for an IPO through RKSV?
No. RKSV doesn't offer online IPO applications to its customers. You could still invest in IPO using net-banking of the bank you have a bank account with.
Does RKSV offer to invest in Mutual Funds?
No. RKSV doesn't offer Mutual Funds investment. You could buy Mutual Funds directly from Asset Management Companies (AMC) i.e. ICICI Prudential, HDFC, Aditya Birla Sun Life.
Does RKSV offer margin funding for share/commodity trading?
No. RKSV doesn't provide margin funding.
What is RKSV intraday auto square-off time?
RKSV auto square-off all open intraday positions at 3:15 PM.
Does RKSV provide trading tips or investment strategies?
No. RKSV doesn't provide trading tips for stock and commodity trading to its customers.