How is RKSV broker? How safe they are? Are they genuine and reliable?

RKSV is a Mumbai based discount stock broker. RKSV started offering online stock trading services in May 2009. In recent years RKSV has managed to get thousands of traders on board because they offer multiple budget brokerage plans to India Stock Market investors.

RKSV also has a branch in New Delhi and employee over 60 people as of March 2013.

RKSV is as credible and safe as any other brokers in India i.e. ICICI Direct or Sharekhan. They are registered with SEBI, BSE & NSE and regularly audited by them. RKSV is authority broker of NSE and BSE.

RKSV's Membership Information

1. RKSV NSE Membership
   • Capital Market (CM) - INB231394231
   • Future & Options (F&O) - INF231394231
   • Currency Derivatives (CDS) - INE231394231
2. RKSV BSE Membership:
   • Capital Market (CM) - INB011394237
   • Future & Options (F&O) - INF011394237
3. CDSL: IN-DP-CDSL-00283831
4. NSDL: IN-DP-NSDL-11497282

By looking at the savings in brokerage with them (60-80% saving on brokerage); many traders feel that they may be scam. But that's not true. RKSV is a reliable and genuine broker who is in business since 2009.