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RKSV Vs MyValueTrade (Compare RKSV and MyValueTrade)

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

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

Our RKSV Securities Ltd comparison with Master Capital Services Ltd highlights the major differences between two brokers. Find the best between RKSV and MyValueTrade.

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RKSV Vs MyValueTrade

  RKSV Securities Ltd Master Capital Services Ltd
 
RKSV Securities Ltd Logo Master Capital Services 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 MyValueTrade (MVT) is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India with over 1.5 lakh clients. Co... Know more about Master Capital Services Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Standard Plan Per Order Executed
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 MyValueTrade. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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RKSV Vs MyValueTrade Charges

  RKSV Securities Ltd Master Capital Services Ltd
Trading Account Opening Fees ₹150 ₹555
Trading Account AMC ₹0 Nil
Demat Account Opening Fees ₹150 Nil
Demat Account AMC ₹150 ₹400
Demat Account is Mandatory? No No
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RKSV Vs MyValueTrade Brokerage

Brokerage Plan 1

  RKSV Securities Ltd Master Capital Services Ltd
Account Type Standard Plan Per Order Executed
Fixed Charges
Equity Delivery Brokerage ₹0 ₹10 per executed order
Equity Intraday Brokerage ₹20 ₹10 per executed order
Equity Futures Brokerage ₹20 ₹10 per executed order
Equity Options Brokerage ₹20 ₹10 per executed order
Currency Futures Trading Brokerage ₹20 ₹10 per executed order
Currency Options Trading Brokerage ₹20 ₹10 per executed order
Commodity Futures Trading Brokerage ₹20 ₹10 per executed order
Commodity Options Trading Brokerage

Brokerage Plan 2

  RKSV Securities Ltd Master Capital Services Ltd
Account Type Standard Plan Fixed Monthly Plan
Fixed Charges ₹1000
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

Other Charges

Minimum Brokerage Charges ₹0 ₹10 or .01% whichever is lower
Other Brokerage Charges Call & Trade: ₹20 per executed order
Call & Trade Charges ₹20 per executed order
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RKSV Vs MyValueTrade Taxes

  RKSV Securities Ltd Master Capital Services 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 MyValueTrade Transaction Charges

  RKSV Securities Ltd Master Capital Services Ltd
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325
Equity Futures NSE ₹210 NSE ₹300 | BSE ₹150
Equity Options NSE ₹5500 NSE ₹6000 | BSE ₹3500
Currency Futures ₹150 NSE ₹120 | BSE ₹100
Currency Options ₹6000 NSE ₹4200 | BSE ₹1000
Commodity MCX ₹260/Cr MCX ₹250
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RKSV Vs MyValueTrade Exposure Margin

  RKSV Securities Ltd Master Capital Services Ltd
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity
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RKSV and MyValueTrade Feature Comparison

  RKSV Securities Ltd Master Capital Services Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform NEST, Upstox OMNESYS NEST
Intraday Square-off Time 3:15 PM
Other Features
Referral Program
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RKSV Vs MyValueTrade Review

  RKSV Securities Ltd Master Capital Services Ltd
  80 Customer Reviews    Rate RKSV 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 4.1 3.4
Trading Brokerage Rating 4.3 4.4
Trading Platform Usability 3.4 3.8
Customer Service Ratings 3.7 3.8
Overall Ratings Rated 3.7 stars Rated 3.8 stars
Broker Rating RKSV is Rated 3.7 / 5 based on 80 customer reviews MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  RKSV Securities Ltd Master Capital Services Ltd
Contact / Request Call Back
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RKSV Vs MyValueTrade Investment Options

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

  RKSV Securities Ltd Master Capital Services Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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RKSV Vs MyValueTrade Order Type Offered

  RKSV Securities Ltd Master Capital Services Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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RKSV Vs MyValueTrade Research Report

  RKSV Securities Ltd Master Capital Services 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 MyValueTrade Suitable For Investor Type

  RKSV Securities Ltd Master Capital Services Ltd
Casual Investor
Active Investor Yes
Trader Yes Yes
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RKSV Vs MyValueTrade - Advantages and Disadvantages

  RKSV Securities Ltd Master Capital Services 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...

  1. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  2. Funds transfer facility with 45 major banks available.
  3. MyValueTrade gives Intraday up to 33 times exposure
  4. No minimum brokerage.
  5. No need to login in different platforms for different segment.
  6. No more need to transfer deposits in one exchange to another for trading.
  7. Trade across all segments using Flexi-Balance feature wherein the balance across different segments viz. Equity, commodity, derivatives and currency can be used as one single balance.

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...

More Disadvantages...

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