RKSV Vs MDirect

Here we present 1 on 1 comparison of RKSV Securities Ltd vs MDirect share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared RKSV vs MDirect's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare RKSV Securities Ltd vs MDirect - Broker type and exchange supported
  RKSV Securities Ltd Logo
RKSV Securities Ltd
MDirect Logo
MDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE,NSE,MCX,NCDEX,MSEI
Broker Overview From innovative tools to free trade opportunity to education and prioritizing customer service , Upstox provides clients everything they need and more to succeed. MDirect, a Discount Broker providing customers trading across all segments augmented with research reports, daily newsletters through email or SMS at simple and inexpensive price.
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 MDirect. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare RKSV Securities Ltd vs MDirect - Trading and Demat Account Charges
  RKSV Securities Ltd MDirect
Trading Account Opening Fees What is this parameter? Free Rs 500
Trading AMC What is this parameter? NIL Nil
Demat Account Opening Fees What is this parameter? NIL Rs 200
Demat AMC What is this parameter? Free RS 400/p.a - Waived for 1st year
Provide DP Service What is this parameter? Yes Yes
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About Brokerage Plans

Compare RKSV Securities Ltd vs MDirect - Plan Options
  RKSV Securities Ltd MDirect
Monthly Plans What is this parameter? No No
Yearly Plans What is this parameter? No No
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Contact Broker / Request A Call Back

  RKSV Securities Ltd MDirect
Contact / Request Call Back
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Brokerage Charges

Compare RKSV Securities Ltd vs MDirect - Brokerage Charges
  RKSV Securities Ltd MDirect
Plan Name What is this parameter? Dream Plan Rs 18 Per Trader Plan
Plan Description What is this parameter? 1 paisa brokerage or Rs. 20 per order executed, whichever is lower with free delivery.This is the most popular plan from RKSV. Flat Rs 18 Per Trader Plan.
Equity Delivery What is this parameter? Free Rs 18 per executed order
Equity Intraday What is this parameter? Rs 20 Rs 18 or 0.01 % whichever is lower
Equity Futures What is this parameter? Rs 20 Rs 18 per executed order
Equity Options What is this parameter? Rs 20 Rs 18 per executed order
Currency Futures What is this parameter? Rs 20 Rs 18 per executed order
Currency Options What is this parameter? Rs 20 Rs 18 per executed order
Commodity Trading What is this parameter? Rs 20 Rs 18 per executed order
Minimum Brokerage What is this parameter? Rs 0
Brokerage Calculator Brokerage Calculator for rksv Brokerage Calculator for mdirect
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Share Broker's Transaction/Turnover Charges

Compare RKSV Securities Ltd vs MDirect - Transaction/Turnover Charges
  RKSV Securities Ltd MDirect
Equity Delivery What is this parameter? Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday What is this parameter? Rs 325 Per Cr Rs 325 Per Cr
Equity Futures What is this parameter? Rs 210 Per Cr Rs 350 Per Cr
Equity Options What is this parameter? Rs 5500 Per Cr Rs 8000 Per Cr
Currency Futures What is this parameter? Rs 150 Per Cr Rs 215 Per Cr
Currency Options What is this parameter? Rs 6000 Per Cr Rs 7000 Per Cr
Commodity What is this parameter? 0.0026%
Brokerage Charges Complete Brokerage Plans for rksv Complete Brokerage Plans for mdirect
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Trading Features

Compare RKSV Securities Ltd vs MDirect - Trading Feature and platform
  RKSV Securities Ltd MDirect
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes Yes
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? No No
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No No
Margin Trading Funding Available What is this parameter? No No
Combined Ledger for Equity and Commodity What is this parameter? Yes No
Intraday Square-off Time What is this parameter? 3:15 pm 3:15 pm
NRI Trading What is this parameter? Yes No
Other Features What is this parameter?
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Trading Platform

Compare RKSV Securities Ltd vs MDirect - Trading Platform
  RKSV Securities Ltd MDirect
Desktop Trading Platform What is this parameter? NEST Nest Plus
Desktop Platform (Windows) What is this parameter? Yes Yes
Desktop Platform (Mac) What is this parameter? No Yes
Web Trading Platform What is this parameter? Yes Yes
Web Trading Detail What is this parameter? https://pro.upstox.com/ Mdirect Nest Plus
Mobile Site What is this parameter? Yes Yes
Mobile Trading What is this parameter? Yes Yes
Mobile Trading App What is this parameter? Upstox Mdirect
Android Mobile App What is this parameter? Yes Yes
iPhone Mobile App (IOS) What is this parameter? Yes Yes
Android Tablet App What is this parameter? Yes Yes
iPad App (IOS) What is this parameter? Yes Yes
Detail Detail on Trading Platforms for rksv Detail on Trading Platforms for mdirect

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Broker Ratings by Users

Compare RKSV Securities Ltd vs MDirect - Rating
  RKSV Securities Ltd MDirect
  46 Customer Reviews    Rate RKSV Customer Reviews    Rate MDirect
Fees Ratings 4.3
Trading Brokerage Rating 4.6
Trading Platform Usability 3.9
Customer Service Ratings 4.3
Overall Ratings Rated 4.4 stars
Broker Rating RKSV is Rated 4.4 / 5 based on 46 customer reviews
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Investment Services

Compare RKSV Securities Ltd vs MDirect - Investment Options
  RKSV Securities Ltd MDirect
Equity Cash and F&O What is this parameter? Yes Yes
Currency Deravitives What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Online IPO Application What is this parameter? No No
Mutual Funds What is this parameter? Yes No
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
ETF What is this parameter? Yes Yes
Banking What is this parameter? No No
Insurance What is this parameter? No No
Forex What is this parameter? No No
SIP Investment What is this parameter? No No
Other Investment Options What is this parameter? NA
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Customer Service Offered

Compare RKSV Securities Ltd vs MDirect - Customer Service Offerance
  RKSV Securities Ltd MDirect
24/7 Customer Service What is this parameter? No Yes
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? No Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? No Yes
Through Branches What is this parameter? No No
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Tips/Research/Reports Published

Compare RKSV Securities Ltd vs MDirect - Research, Tips Reports
  RKSV Securities Ltd MDirect
Research Mutual Funds What is this parameter? No No
Research Equity Reports What is this parameter? No Yes
Research ETF What is this parameter? No No
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No Yes
Quarterly Result Analysis What is this parameter? No Yes
News Alerts What is this parameter? No Yes
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Demat Account

Compare RKSV Securities Ltd vs MDirect - Demat Account
  RKSV Securities Ltd MDirect
DP Source CDSL
Demat Account Annual Maintenance Charges(AMC) Rs. 300/- per annum.
Advance Deposit NIL
Statutory charges NIL
Transaction Charges on Debit (Per ISIN) Rs.8/- plus Rs.5.50/- (CDSL charges) per scrip.
Demat Rs 2.00 per certificate plus courier charges of Rs. 35/- per demat request for every 500 gms.
Remat Rs. 25/- per certificate or 0.05% of the value whichever is higher.
Pledge Creation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Closure Confirmation 0.02% of the transaction charges subject to a minimum of Rs. 50/- plus NSDL / CDSL charges at actual.
Pledge Invocation 0.05% of the transaction charges subject to a minimum of Rs. 50/-
Failed Instruction Charges Rs. 50/- per transaction.
Other Charges Demat Rejection Charges: Rs. 35/- per rejection for every 500 gms. Adhoc / Non periodic statement requests: Adhoc statement requests: - Rs. 25/- (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs. 10/- plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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Special Offers,Advantages,Disadvantages

Compare RKSV Securities Ltd vs MDirect - Special Offers and Promotion
  RKSV Securities Ltd MDirect
Likes
  • Low cost brokerage structure.
  • Robust trading platforms especially mobile trading app for android and iOS users.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.
  • Innovative tools like brokerage calculator, options builder tool and RKSV Span Margin Calculator.

More Advantages...

  • In house research reports
  • Workshops/ seminars/ webinars to educate traders.
  • Simple and transparent Pricing.
  • Well researched professional guidance.
  • Multiple Segments and Exchanges on same trading Window.

More Advantages...

Dislikes
  • Doesn't provide tips and recommendations.
  • Operating through only one branch in India.
  • Margin funding and margin against shares is not available.

More Disadvantages...

  • No referral program
  • No advance tools or technology
  • No monthly and yearly plans
  • doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs
  • Margin funding and NRI tradingis not available

More Disadvantages...

Special Offers/Promo

Special offers:

Zero Account Opening Fee.Get the offer.
Enquire about RKSV Enquire about MDirect

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Fix Price - Rs 15 Per Trade


Rs 899/Month,8999/Year for
Equity Cash and F&O

Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

Free Delivery trading

Max Rs 20 Per Trade for F&O

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



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