Unlimited Trading @ Rs 899 per month - Prostocks

IIFL Vs RKSV (Compare IIFL and RKSV)

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

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

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

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IIFL Vs RKSV

  IIFL RKSV
Find more info about broker
IIFL Securities 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 IIFL Securities 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 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 1996
Number of Branches 900
Enquire IIFL Enquire RKSV
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IIFL Vs RKSV Charges

  IIFL RKSV
Trading Account Opening Fees ₹750 ₹150
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹555 ₹150
Demat Account AMC ₹ 400 (One time) ₹150
Demat Account is Mandatory? No No
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IIFL Vs RKSV Brokerage

Brokerage Plan 1

  IIFL RKSV
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 ₹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
Special Offer
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Other Charges

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

  IIFL RKSV
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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IIFL Vs RKSV Transaction Charges

  IIFL RKSV
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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IIFL Vs RKSV Exposure Margin

  IIFL RKSV
Equity Delivery Upto 3x with 18% interest per year 20x
Equity Intraday Upto 20x 20x
Equity Futures Upto 3x 6x
Equity Options 3x for shorting 4x for selling options, 1x on buying options
Currency Futures Upto 2x
Currency Options 2x for shorting
Commodity Futures Upto 3x Up to 3x
Commodity Options
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IIFL and RKSV Feature Comparison

  IIFL RKSV
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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IIFL Vs RKSV Review

  IIFL RKSV
  108 Customer Reviews    Rate IIFL 81 Customer Reviews    Rate RKSV
Fees 2.9 4.1
Trading Brokerage 2.6 4.3
Trading Platform Usability 3.3 3.4
Customer Service 2.7 3.7
Research Capabilities 3.0 1.0
Overall Ratings Rated 2.7 stars Rated 3.7 stars
Broker Rating IIFL is Rated 2.7 / 5 based on 108 customer reviews RKSV is Rated 3.7 / 5 based on 81 customer reviews
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Contact Broker / Request A Call Back

  IIFL Enquire RKSV Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Leave your contact information and we will get in touch with you....

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IIFL Vs RKSV Investment Options

  IIFL RKSV
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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IIFL Vs RKSV Customer Service

  IIFL RKSV
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
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IIFL Vs RKSV Order Type Offered

  IIFL RKSV
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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IIFL Vs RKSV Research Report

  IIFL RKSV
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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IIFL Vs RKSV Suitable For Investor Type

  IIFL RKSV
Casual Investor Yes
Active Investor Yes
Trader Yes
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IIFL Vs RKSV - Advantages and Disadvantages

  IIFL RKSV
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 ₹20 per executed order.
  • High demat debit transaction charge. RKSV charge ₹13 + ₹5.50 CDSL while most other brokers charge ₹8 + ₹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...

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