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ICICIDirect Vs RKSV (Compare ICICIDirect and RKSV)

The side-by-side comparison of ICICIDirect and RKSV. Compare ICICIDirect Vs RKSV brokerage, charges, exposure margin, demat account. Read RKSV and ICICIDirect review.

Find out ICICIDirect Vs RKSV which is better and ICICIDirect Vs RKSV which is best.

Our ICICI Securities Pvt Ltd. comparison with RKSV Securities Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and RKSV.

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ICICIDirect Vs RKSV

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
 
ICICI Securities Pvt Ltd. Logo RKSV Securities Ltd Logo
About the Broker ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group... Know more about ICICI Securities Pvt Ltd. 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 Equ... Know more about RKSV Securities Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Standard Plan
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RKSV. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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ICICIDirect Vs RKSV Charges

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Trading Account Opening Fees ₹975 ₹150
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹150
Demat Account AMC ₹450 ₹150
Demat Account is Mandatory? No No
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ICICIDirect Vs RKSV Brokerage

Brokerage Plan 1

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Account Type 3-in-1 Account (I-Secure Plan) Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.55% ₹0
Equity Intraday Brokerage 0.275% ₹20
Equity Futures Brokerage 0.05% to 0.03% ₹20
Equity Options Brokerage ₹95 to ₹35 per lot ₹20
Currency Futures Trading Brokerage 0.050% to 0.030% ₹20
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹20
Commodity Futures Trading Brokerage NA ₹20
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Account Type I-Saver Plan Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.75% to 0.25% ₹0
Equity Intraday Brokerage 0.75% to 0.25% ₹20
Equity Futures Brokerage 0.05% to 0.03% ₹20
Equity Options Brokerage ₹95 to ₹65 per lot ₹20
Currency Futures Trading Brokerage 0.05% to 0.03% ₹20
Currency Options Trading Brokerage ₹95 to ₹65 per lot ₹20
Commodity Futures Trading Brokerage NA ₹20
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹35 per trade ₹0
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per executed order
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ICICIDirect Vs RKSV Taxes

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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ICICIDirect Vs RKSV Transaction Charges

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Equity Delivery NSE: 0.0031% | BSE: 0.0028% NSE ₹325 | BSE ₹275
Equity Intraday NSE: 0.0031% | BSE: 0.0028% NSE ₹325 | BSE ₹275
Equity Futures 0.0018% NSE ₹210
Equity Options 0.05% on Premium NSE ₹5500
Currency Futures 0.0012% ₹150
Currency Options 0.05% on Premium ₹6000
Commodity NA MCX ₹260/Cr
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ICICIDirect Vs RKSV Exposure Margin

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Equity Delivery 5x with Interest
Equity Intraday Upto 25x
Equity Futures 4x
Equity Options 2x for shorting
Currency Futures NA
Currency Options NA
Commodity NA
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ICICIDirect and RKSV Feature Comparison

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App NEST, Upstox
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
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ICICIDirect Vs RKSV Review

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
  400 Customer Reviews    Rate ICICIDirect 80 Customer Reviews    Rate RKSV
Fees Ratings 2.3 4.1
Trading Brokerage Rating 1.7 4.3
Trading Platform Usability 3.4 3.4
Customer Service Ratings 2.8 3.7
Overall Ratings Rated 2.4 stars Rated 3.7 stars
Broker Rating ICICIDirect is Rated 2.4 / 5 based on 400 customer reviews RKSV is Rated 3.7 / 5 based on 80 customer reviews
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Contact Broker / Request A Call Back

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Contact / Request Call Back
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ICICIDirect Vs RKSV Investment Options

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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ICICIDirect Vs RKSV Customer Service

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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ICICIDirect Vs RKSV Order Type Offered

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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ICICIDirect Vs RKSV Research Report

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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ICICIDirect Vs RKSV Suitable For Investor Type

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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ICICIDirect Vs RKSV - Advantages and Disadvantages

  ICICI Securities Pvt Ltd. RKSV Securities Ltd
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. Brokerage free trading in equity delivery trades.
  2. RKSV (Upstox) mobile and web trading app available for free to all customers.
  3. Advance orders including AMO, CO and BO are available.
  4. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  5. AmiBroker connector available for Algo Trading.
  6. Mutual Funds are available for investment.
  7. Higher leverage is available under different brokerage plan.
  8. NRI Trading Account is available.

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra Rs 25 per call after first 20 free calls in a month.

More Disadvantages...

  • Call and Trade is charged at extra Rs 20 per executed order.
  • High demat debit transaction charge. RKSV charge Rs 13 + Rs 5.50 CDSL while most other brokers charge Rs 8 + Rs 5.50 CDSL charges.
  • Doesn't offer facility to invest in IPO, FPO, Bond and NCD's.
  • Doesn't provide stock tips or recommendations.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • 24/7 customer service is not available.
  • No margin funding.
  • Good Till Cancelled orders not available.
  • Unlimited monthly trading plans not available.
  • Additional fee for square off done by the broker.
  • Stock tips, research reports and recommondations are not available.

More Disadvantages...

Reviews Useful Articles about RKSV:
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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