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RKSV,an online Discount Broker India, got its name from initials of its owners namely Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath. Beginning operations in 2012, RKSV has continuing its growth having customer base of around 20,000 doing daily trasaction of Rs 5000 cr. The Broker prided itself on being India's one of the largest low cost Brokerage Firm. They allow customers to trade across Equities, Futures, Options, Currencies and Commodities on NSE, BSE and MCX.
RKSV has one central operational branch in Sunshine towers, Mumbai. Operating through only one branch, they manage to keep costs low and effective. They does not provide tips or expertise recommendations on buying and selling of stocks but are focused on promoting education for clients through their "Trade Academy". They provide excellent customer service through email and over phone.
|Service Type||Discount Broker||Discount Broker||Full Service Broker||Full Service Broker||Discount Broker|
|Brokerage||Rs 20||Rs 20||0.05 to .55%||0.1 to 0.5%||Rs 15|
|Account Type||2 in 1||2 in 1||3 in 1||2 in 1||2 in 1|
RKSV's brokerage plan is simple and attractive,competing neck to neck with Zerodha. They made Equity Delivery Trade completely Free and for all other segments you have to pay Rs 20 per order executed.
Also customers get intraday leverage of 20x on Equities, 4x on NSE F&O, 4x on BSE/NSE Currency F&O and 3x on MCX Commodity Futures.RKSV provides its own DP services which if you opt then your transaction charges will be zero.
RKSV call their referral program "become a partner" by which they credit 10% in your account for every trade your friend place through RKSV. To attract more customers, RKSV is providing a custom referral dashboard, to track the progress and earning with the RKSV referral program.Trading Brokerages
For STT,Stamp Duty,Service Tax and SEBI Charges please refer the Commission and Fees tab.
|Brokerage Plan||Dream Plan|
|Equity Intraday||Rs 20|
|Equity Futures||Rs 20|
|Equity Options||Rs 20|
|Currency Futures||Rs 20|
|Currency Options||Rs 20|
For online trading with RKSV, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with RKSV:
RKSV is providing Terminal based (Desktop base), Web-based and Tablet/Mobile apps based trading platform to its customers.They offer NSE NOW web platform, which is browser base trading interface.
The "RKSV NEST trading software" supports to trade in Equity, Futures & Options, Currencies and Commodities. RKSV provide free mobile trading apps for Android, Blackberry and iPhone.
Other than basic feature, RKSV is providing advance charting tools for detail technical analysis and risk management system. Some of their trading tools include brokerage calculator, SPAN Calculator, and options builder tool.
RKSV providing a paid plugin to interface between AmiBroker and RKSV's NEST trading platform via Global data feeds (GDFL). With this feature users can automates the trading, plan and execute custom strategies.
Call and trade feature is also available with RKSV with additional charges of Rs 20 per trade.
RKSV is an online discount broker that leads by example. The broker separates itself from the competition with its innovative trading ideas as well as continuously focuses on providing hi-tech tools and platform. RKSV's new brokerage plan of free trading in equity for casual traders, puts them in the new emerging category- "Free Broker" . RKSV stopped their monthly plans and now stick to only pay per trade plan. Upstox and Upstox Pro is adding more value addition for fast and speedy trading.
If you like what you have read and want to choose RKSV or any other broker, leave your contact information with us and we will guide you.
Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Delivery trading
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Free Equity Delivery Trades
Flat 20% discount on online transaction