Chittorgarh.com
Free Trading + Demat Account

Sharekhan Vs RKSV Share Broker Comparison

The side-by-side comparison of Sharekhan and RKSV Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and RKSV's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and RKSV.

  Sharekhan RKSV Securities Ltd
 
Sharekhan Logo RKSV Securities Ltd Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan 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 BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account Standard Plan
Broker Enquiry Open an Online Trading Account with Sharekhan. 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.
Expand

Stock Broker Fees / Charges

  Sharekhan RKSV Securities Ltd
Trading Account Opening Fees ₹0 (Free) ₹150
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹150
Demat Account AMC ₹400 (Free for 1st year) ₹150
Demat Account is Mandatory? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan RKSV Securities Ltd
Account Type Classic Account Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.10% ₹20
Equity Futures Brokerage 0.10% ₹20
Equity Options Brokerage ₹50 per lot ₹20
Currency Futures Trading Brokerage 0.10% ₹20
Currency Options Trading Brokerage ₹30 per lot ₹20
Commodity Futures Trading Brokerage 0.03% ₹20
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 2

  Sharekhan RKSV Securities Ltd
Account Type Prepaid - ₹1 Lakh Standard Plan
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% ₹0
Equity Intraday Brokerage 0.015% ₹20
Equity Futures Brokerage 0.015% ₹20
Equity Options Brokerage 0.05% or ₹63 per lot ₹20
Currency Futures Trading Brokerage ₹20
Currency Options Trading Brokerage ₹20
Commodity Futures Trading Brokerage ₹20
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan RKSV Securities Ltd
Account Type Margin - ₹1 Lakh Standard Plan
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% ₹0
Equity Intraday Brokerage 0.05% ₹20
Equity Futures Brokerage 0.05% ₹20
Equity Options Brokerage 1% or ₹70 per lot ₹20
Currency Futures Trading Brokerage ₹20
Currency Options Trading Brokerage ₹20
Commodity Futures Trading Brokerage ₹20
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹0
Other Brokerage Charges
Call & Trade Charges Rs 20 ₹20 per executed order
Expand

Taxes

  Sharekhan 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.
Expand

Transaction Charges

  Sharekhan RKSV Securities Ltd
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹275
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹275
Equity Futures NSE ₹190 | BSE ₹50 NSE ₹210
Equity Options NSE ₹5000 | BSE ₹50 NSE ₹5500
Currency Futures NSE ₹135 | MCX ₹130 ₹150
Currency Options NSE ₹4220 | MCX ₹3220 ₹6000
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 MCX ₹260/Cr
Expand

Exposure

  Sharekhan RKSV Securities Ltd
Equity Delivery Upto 5x with 24% interest per year
Equity Intraday Upto 10x
Equity Futures 2x
Equity Options Nil
Currency Futures Nil
Currency Options Nil
Commodity Upto 2x
Expand

Share Broker Features

  Sharekhan RKSV Securities Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile NEST, Upstox
Intraday Square-off Time 3:30 PM 3:15 PM
Other Features Pattern finder, Class room training
Expand

Broker Ratings (Average User Rating)

  Sharekhan RKSV Securities Ltd
  277 Customer Reviews    Rate Sharekhan 80 Customer Reviews    Rate RKSV
Fees Ratings 3.1 4.1
Trading Brokerage Rating 2.9 4.3
Trading Platform Usability 3.7 3.4
Customer Service Ratings 3.4 3.7
Overall Ratings Rated 3.4 stars Rated 3.7 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews RKSV is Rated 3.7 / 5 based on 80 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan RKSV Securities Ltd
Contact / Request Call Back
Expand

Investment Options Available

  Sharekhan 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 Yes No
Debt Yes No
Other Investment Options Loans, NRI Trading
Expand

Customer Service Offered

  Sharekhan RKSV Securities Ltd
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes No
Expand

Order Type

  Sharekhan RKSV 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) Yes
Expand

Research / Tips / Reports Published

  Sharekhan RKSV Securities Ltd
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Suitable for Investor Category

  Sharekhan RKSV Securities Ltd
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

Expand

Pros, Cons and Other Review Comments

  Sharekhan RKSV Securities Ltd
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat 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

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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

Enquire about Sharekhan Enquire about RKSV
Compare More Brokers



Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App