Unlimited Trading @ Rs 899 per month - Prostocks

RKSV Vs Finvasia (Compare RKSV and Finvasia)

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

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

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

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RKSV Vs Finvasia

  RKSV Finvasia
Find more info about broker
RKSV Securities Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker 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 Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in... Know more about Finvasia Securities Pvt Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Standard Plan Standard
Broker Enquiry Open an Online Trading Account with RKSV. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 2013
Number of Branches 1
Enquire RKSV Enquire Finvasia
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RKSV Vs Finvasia Charges

  RKSV Finvasia
Trading Account Opening Fees ₹150 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹150 ₹0 (Free)
Demat Account AMC ₹150 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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RKSV Vs Finvasia Brokerage

Brokerage Plan 1

  RKSV Finvasia
Account Type Standard Plan Standard
Fixed Charges
Equity Delivery Brokerage ₹0 ₹0
Equity Intraday Brokerage ₹20 ₹0
Equity Futures Brokerage ₹20 ₹0
Equity Options Brokerage ₹20 ₹0
Currency Futures Trading Brokerage ₹20 ₹0
Currency Options Trading Brokerage ₹20 ₹0
Commodity Futures Trading Brokerage ₹20 ₹0
Commodity Options Trading Brokerage ₹0
Special Offer

Other Charges

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹20 per executed order ₹0
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RKSV Vs Finvasia Taxes

  RKSV Finvasia
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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RKSV Vs Finvasia Transaction Charges

  RKSV Finvasia
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures NSE ₹210 NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options NSE ₹5500 ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹150 ₹115 per Cr (0.00115%)
Currency Options ₹6000 ₹4000 per Cr (0.04%) (on premium)
Commodity MCX ₹260/Cr ₹260 per Cr (0.0026%)
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RKSV Vs Finvasia Exposure Margin

  RKSV Finvasia
Equity Delivery 20x 1x
Equity Intraday 20x up to 10x
Equity Futures 6x 2x
Equity Options 4x for selling options, 1x on buying options 1x
Currency Futures 1x
Currency Options 1x
Commodity Futures Up to 3x 2x
Commodity Options 1x
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RKSV and Finvasia Feature Comparison

  RKSV Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform NEST, Upstox Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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RKSV Vs Finvasia Review

  RKSV Finvasia
  81 Customer Reviews    Rate RKSV 14 Customer Reviews    Rate Finvasia
Fees 4.1 4.4
Trading Brokerage 4.3 4.8
Trading Platform Usability 3.4 2.9
Customer Service 3.7 4.7
Research Capabilities 1.0 3.0
Overall Ratings Rated 3.7 stars Rated 4.5 stars
Broker Rating RKSV is Rated 3.7 / 5 based on 81 customer reviews Finvasia is Rated 4.5 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  RKSV Enquire Finvasia Enquire
Contact Broker

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RKSV Vs Finvasia Investment Options

  RKSV Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options
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RKSV Vs Finvasia Customer Service

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

  RKSV Finvasia
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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RKSV Vs Finvasia Research Report

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

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

  RKSV Finvasia
Pros
  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...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons
  • 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...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

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