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India Infoline (IIFL) Vs RKSV (Compare India Infoline (IIFL) and RKSV)

The side-by-side comparison of India Infoline (IIFL) and RKSV. Compare India Infoline (IIFL) Vs RKSV brokerage, charges, exposure margin, demat account. Read RKSV and India Infoline (IIFL) review.

Find out India Infoline (IIFL) Vs RKSV which is better and India Infoline (IIFL) Vs RKSV which is best.

Our India Infoline Limited comparison with RKSV Securities Ltd highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and RKSV.

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India Infoline (IIFL) Vs RKSV

  India Infoline Limited RKSV Securities Ltd
 
India Infoline Limited Logo RKSV Securities Ltd Logo
About the Broker Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about India Infoline Limited 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 NSE, BSE, MCX BSE, NSE, MCX
Account Type Standard Account Standard Plan
Broker Enquiry Open an Online Trading Account with India Infoline (IIFL). 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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India Infoline (IIFL) Vs RKSV Charges

  India Infoline Limited RKSV Securities Ltd
Trading Account Opening Fees ₹750 ₹150
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹555 ₹150
Demat Account AMC ₹ 555 (One time) ₹150
Demat Account is Mandatory? No No
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India Infoline (IIFL) Vs RKSV Brokerage

Brokerage Plan 1

  India Infoline Limited RKSV Securities Ltd
Account Type Standard Account Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹20
Equity Futures Brokerage 0.05% ₹20
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹20
Currency Futures Trading Brokerage Rs 25 per lot ₹20
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹20
Commodity Futures Trading Brokerage 0.05% ₹20
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Rs 0.05 per share ₹0
Other Brokerage Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call ₹20 per executed order
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India Infoline (IIFL) Vs RKSV Taxes

  India Infoline Limited 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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India Infoline (IIFL) Vs RKSV Transaction Charges

  India Infoline Limited RKSV Securities Ltd
Equity Delivery 0.00325% NSE ₹325 | BSE ₹275
Equity Intraday 0.00325% NSE ₹325 | BSE ₹275
Equity Futures 0.0021% NSE ₹210
Equity Options 0.051% on premium NSE ₹5500
Currency Futures 0.0021% ₹150
Currency Options 0.051% on premium ₹6000
Commodity 0.0028% MCX ₹260/Cr
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India Infoline (IIFL) Vs RKSV Exposure Margin

  India Infoline Limited RKSV Securities Ltd
Equity Delivery Upto 3x with 18% interest per year
Equity Intraday Upto 20x
Equity Futures Upto 3x
Equity Options 3x for shorting
Currency Futures Upto 2x
Currency Options 2x for shorting
Commodity Upto 3x
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India Infoline (IIFL) and RKSV Feature Comparison

  India Infoline Limited RKSV Securities Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TT Exe, TT Web, IIFL Markets NEST, Upstox
Intraday Square-off Time 3:15 PM
Other Features Market Mantra, Loyalty Points
Referral Program
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India Infoline (IIFL) Vs RKSV Review

  India Infoline Limited RKSV Securities Ltd
  103 Customer Reviews    Rate India Infoline (IIFL) 80 Customer Reviews    Rate RKSV
Fees Ratings 2.9 4.1
Trading Brokerage Rating 2.7 4.3
Trading Platform Usability 3.3 3.4
Customer Service Ratings 2.7 3.7
Overall Ratings Rated 2.7 stars Rated 3.7 stars
Broker Rating India Infoline (IIFL) is Rated 2.7 / 5 based on 103 customer reviews RKSV is Rated 3.7 / 5 based on 80 customer reviews
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Contact Broker / Request A Call Back

  India Infoline Limited RKSV Securities Ltd
Contact / Request Call Back
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India Infoline (IIFL) Vs RKSV Investment Options

  India Infoline Limited RKSV Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD No
Debt Yes No
Other Investment Options
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India Infoline (IIFL) Vs RKSV Customer Service

  India Infoline Limited RKSV Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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India Infoline (IIFL) Vs RKSV Order Type Offered

  India Infoline Limited RKSV Securities Ltd
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes
Good Till Cancelled (GTC)
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India Infoline (IIFL) Vs RKSV Research Report

  India Infoline Limited 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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India Infoline (IIFL) Vs RKSV Suitable For Investor Type

  India Infoline Limited RKSV Securities Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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India Infoline (IIFL) Vs RKSV - Advantages and Disadvantages

  India Infoline Limited RKSV Securities Ltd
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

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
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

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 Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Enquire about India Infoline (IIFL) Enquire about RKSV
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