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RKSV Vs Fyers (Compare RKSV and Fyers)

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

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

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

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RKSV Vs Fyers

  RKSV Securities Ltd Fyers Securities Ltd
 
RKSV Securities Ltd Logo Fyers Securities 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 Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi... Know more about Fyers Securities Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX NSE, MCX
Account Type Standard Plan Flat Fee Brokerage Plan
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 Fyers. Leave your contact info and we will get in touch with you.
Year of Incorporation 2015
Number of Branches 1
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RKSV Vs Fyers Charges

  RKSV Securities Ltd Fyers Securities Ltd
Trading Account Opening Fees ₹150 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹150 ₹0 (Free)
Demat Account AMC ₹150 ₹400
Demat Account is Mandatory? No No
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RKSV Vs Fyers Brokerage

Brokerage Plan 1

  RKSV Securities Ltd Fyers Securities Ltd
Account Type Standard Plan Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹0 ₹0 (Free)
Equity Intraday Brokerage ₹20 ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹20 ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹20 ₹20 per executed order
Currency Futures Trading Brokerage ₹20 ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 ₹20 per executed order
Commodity Futures Trading Brokerage ₹20 NA
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹20 per executed order ₹20 per trade
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RKSV Vs Fyers Taxes

  RKSV Securities Ltd Fyers 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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RKSV Vs Fyers Transaction Charges

  RKSV Securities Ltd Fyers Securities Ltd
Equity Delivery NSE ₹325 | BSE ₹275 ₹325 per crore (0.00325%)
Equity Intraday NSE ₹325 | BSE ₹275 ₹325 per crore (0.00325%)
Equity Futures NSE ₹210 ₹240 per crore (0.0024%)
Equity Options NSE ₹5500 ₹5900 per crore (on premium) (0.059%)
Currency Futures ₹150 ₹240 per crore (0.0024%)
Currency Options ₹6000 ₹5900 per crore (on premium) (0.059%)
Commodity MCX ₹260/Cr NA
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RKSV Vs Fyers Exposure Margin

  RKSV Securities Ltd Fyers Securities Ltd
Equity Delivery 1 times
Equity Intraday Up to 16x (based on the stock)
Equity Futures Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures NA
Commodity Options
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RKSV and Fyers Feature Comparison

  RKSV Securities Ltd Fyers Securities Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes No
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform NEST, Upstox Fyers One (In-house build)
Intraday Square-off Time 3:15 PM 3:20 PM
Other Features Brokerage free thematic investing is available
Referral Program Yes
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RKSV Vs Fyers Review

  RKSV Securities Ltd Fyers Securities Ltd
  80 Customer Reviews    Rate RKSV 8 Customer Reviews    Rate Fyers
Fees Ratings 4.1 3.1
Trading Brokerage Rating 4.3 3.9
Trading Platform Usability 3.4 3.0
Customer Service Ratings 3.7 4.0
Overall Ratings Rated 3.7 stars Rated 3.6 stars
Broker Rating RKSV is Rated 3.7 / 5 based on 80 customer reviews Fyers is Rated 3.6 / 5 based on 8 customer reviews
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Contact Broker / Request A Call Back

  RKSV Securities Ltd Fyers Securities Ltd
Contact / Request Call Back
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RKSV Vs Fyers Investment Options

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

  RKSV Securities Ltd Fyers Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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RKSV Vs Fyers Order Type Offered

  RKSV Securities Ltd Fyers Securities Ltd
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 Fyers Research Report

  RKSV Securities Ltd Fyers Securities Ltd
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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RKSV Vs Fyers Suitable For Investor Type

  RKSV Securities Ltd Fyers Securities Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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RKSV Vs Fyers - Advantages and Disadvantages

  RKSV Securities Ltd Fyers Securities Ltd
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...

  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!

More Advantages...

Cons
  • 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...

  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.

More Disadvantages...

Reviews Useful Articles about RKSV:
Promo / Offers

Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage), for other segments you pay ₹20 per trade flat broekrage fee.

This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.

Enquire about RKSV Enquire about Fyers
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