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RKSV Vs MyValueTrade Demat Account Comparison

The side-by-side comparison of RKSV and MyValueTrade Demat Account. Compare RKSV Vs MyValueTrade Demat account charges, AMC and Fees. Read MyValueTrade and RKSV demat account review.

Find out RKSV Vs MyValueTrade which is better demat account and RKSV Vs MyValueTrade which is best demat account.

Our RKSV Securities Ltd demat account comparison with Master Capital Services Ltd highlights the major differences between two brokers. Find the best demat between RKSV and MyValueTrade.

RKSV Vs MyValueTrade

  RKSV Securities Ltd Master Capital Services Ltd
RKSV Securities Ltd Logo Master Capital Services Ltd Logo
About the Broker

RKSV is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. RKSV offering its retail broking services since Jan 2012. RKSV has developed an in-house trading platform UpStox.

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

DP ID 12081800 12022900
Contact Info

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

Services Offered

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

RKSV Vs MyValueTrade Demat Account Opening Charges

  RKSV Securities Ltd Master Capital Services Ltd
Demat Account Opening Fee

Rs 150

Nil

Demat Account AMC

Rs 150

  • Scheme A: Nil
  • Scheme B: Rs 300 per annum
  • Scheme LF: Nil
  • Scheme BSDA: Nil
  • Scheme 800: Rs 800 per annum
Advance Deposit

Nil

  • Rs 2500 for Scheme A
  • Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
  • Rs 800 for scheme 800

RKSV Vs MyValueTrade Demat Charges

  RKSV Securities Ltd Master Capital Services Ltd
Dematerialisation Charges

Rs 2 per certificate plus courier charges of Rs 35 per demat request

  • Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
  • Rs 50 per request + Rs 10 per certificate for Scheme BSDA.
Rematerialisation Charges

Rs 25 per certificate or 0.05% of the value whichever is higher.

  • Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
  • Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

  • Rs 12 in Scheme A
  • Rs 16 in Scheme B
  • Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
  • Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
  • Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.
Pledge Creation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

  • Rs 50 in Scheme B, LF and Scheme 800.
  • Rs 40 in Scheme A Rs 100 in Scheme BSDA.
Pledge Creation Confirmation Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Nil

Pledge Invocation Charges

0.05% of the transaction charges subject to a minimum of Rs 50

  • Rs 20 in Scheme A
  • Rs 25 in Scheme B, LF and Scheme 800.
  • Rs 50 in Scheme BSDA
Failed Instruction Charges

Rs 50 per transaction

Rs 20 per instruction

Other Charges
  1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
  2. Adhoc / Non periodic 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 plus courier / postage charges.
  3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.
  • Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
  • Non periodic statement and other communication charged: Rs 20 per mail
  • Additional Statement of Holding/Transaction: Rs 2 per page + postage
  • In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
  • Any modification in client master will be charged @ Rs 20 per modification.

Contact DP / Request A Call Back

  RKSV Securities Ltd Master Capital Services Ltd
Contact broker for Demat Account related enquires:
  RKSV Securities Ltd Master Capital Services Ltd
Find more info about broker
Enquire about RKSV Enquire about MyValueTrade
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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