UpStox/RKSV Review - A Discount Share Broker India 2017


RKSV Securities Ltd Logo

Contact RKSV

Name Phone
Email City
State
Open an account today. Get Started
Overall

From innovative tools to free trade opportunity to education and prioritizing customer service , Upstox provides clients everything they need and more to succeed.

Brokerage Charges
Investments Offering
Trading Platform
Customer Service

Why RKSV?

  1. Equity delivery trading is free.
  2. Trading across Equities, Futures, Options, Currencies and Commodities on NSE, BSE and MCX.
  3. Flat Rs 20 per trade across Equity Intraday, Future, Option, Currency, and Commodity.
  4. Zero transaction charges if you open Demat Account.
  5. Single platform to trade across all segments and exchanges.
  6. Most advance in-house trading platforms- Upstox and Upstox Pro.
  7. Low transaction charges.
Broker Ad
Special Offer: Zero Account Opening Fee.Get the offer.
LikesLikes

  • 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.

DislikesDislikes

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

Exclusive OfferExclusive Offer

RKSV - Get Exclusive Offer
Sign up now
.



RKSV Review - 2017

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.

Request call back from RKSV
RKSV with closest competitors
Broker RKSV Zerodha ICICIDirect Sharekhan ProStocks
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
Monthly Plans No No No No Yes
Rating
Please refer unique and accurate RKSV Brokerage Calculator

RKSV Brokerage Charges - 2017

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
  • Equity Delivery Based Trades: Rs 0 (Free)
  • Equity Intraday Trades: 20 Rs per executed order
  • Equity Future: 20 Rs per executed order
  • Equity Options: 20 Rs per executed order (on Turnover)
  • Currency Futures and Options: 20 Rs per executed order
  • Commodity Futures: 20 Rs per executed order
Account Charges
  • Trading Account Opening Charges (One Time):NIL
  • Demat account Opening Charges (One Time): NIL
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC):NIL
Other Charges
  • Call and Trade feature is available at an extra cost of 20 Rs per call.
  • Digital Contract notes are sent via Email. Physical copies of contract notes can be ordered at additional charge of 25 Rs per contract + Courier charges.
  • Instant payment gateway charges for over 20 banks - Rs 7 per fund transfer.Max transfer limit to 2 Lakhs Rs per day
  • Money withdrawals charges applies as per RBI guidelines.
  • Standard NSE charges, transaction charges and statutory levies are charged.

For STT,Stamp Duty,Service Tax and SEBI Charges please refer the Commission and Fees tab.

RKSV Margin/Exposures and Intra-day Leverage

  1. RKSV Margin for NSE Cash/BSE Cash - upto 20X for stock listed in F&O, upto 2X for stocks with 20% circuit breaker for all MIS/CO and BO orders.
  2. RKSV Margin for Equity Futures - RKSV offer upto 6X leverage for MIS/CO and BO Orders.
  3. RKSV Exposure for Options Buying Trading - RKSV dont offer any leverage for Options buying.
  4. RKSV Exposure for Equity Options Selling - RKSV offer upto 4X leverage for all selling options.
  5. RKSV Margin for Currency Futures - RKSV offer upto 6X leverage for MIS/CO and BO orders.
  6. RKSV Margin for Commodity - RKSV Offer upto 3X margin for all commdities with MIS/CO orders
For complete brokerage charges and trading plans detail please visit RKSV Brokerage Charges.
RKSV Brokerage Charges - Dream Plan
Brokerage Plan Dream Plan
Flat Fee NA
Equity Delivery Free
Equity Intraday Rs 20
Equity Futures Rs 20
Equity Options Rs 20
Currency Futures Rs 20
Currency Options Rs 20
Commodity Rs 20

Account Opening with RKSV Securities Ltd

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:

  • Fill an online application form. Click here to fill the RKSV contact form.
  • Website: http://rksv.in/
  • Contact Phone Number/helpline: +91-22-6130-9999
  • Contact email: [email protected]
  • Registered Office: RKSV, 807 New Delhi House, New Delhi 110001
  • Corporate Office:30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, 400 013

Contact RKSV

NamePhone
EmailCity
State
Are you a day trader?

RKSV Web, Mobile app and Desktop base trading platform - 2017

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.

RKSV NEST trading tool

RKSV NEST Trading  Placing an Order

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.

For detail review of mobile app and download please visit RKSV Mobile App.

RKSV 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. RKSV MCX Membership:
    • Member Code - 46510
    • FMC Regn. No. - MCX: MCX/TM/CORP/2034
  4. CDSL: IN-DP-CDSL-00283831
  5. NSDL: IN-DP-NSDL-11497282

Product and Services

3 in 1 Account help
No
Offer Multiple Plans help
No
Monthly Plan help
No
Yearly Plan help
No
Portfolio help
Yes
Charting help
Yes
Automated Trading help
Yes
Allow AMO Order help
Yes
Allow GTC Order help
Yes
SMS Alerts help
Yes
Margin Trade Funding help
No
Combined Ledger for Equity and Commodityhelp
Yes
NRI Trading help
Yes

Offering of Investments

Equity Cash and F&O help
Yes
Currency F&O help
Yes
Commodity Trading help
Yes
Mutual Funds help
Yes
ETF help
Yes
IPO Investment help
No
Bonds Investment help
No
Debt Investment help
No
Banking Service help
No
Insurance Service help
No
SIP Investment help
No

Trading Platforms & Tools

Desktop Platform (Windows) help
Yes
Desktop Platform (Mac) help
No
Web Platform help
Yes
Stock Alerts Delivery - Email help
No
Stock Alerts Delivery - Text SMS help
No
Virtual Trading help
No
Watch Lists - Streaming Real-time Quotes help
Yes
Mobile Trading help
Yes
Android Tablet App help
Yes
Android App help
Yes
iPhone App help
Yes
iPad App help
Yes
Mobile Trading Site help
Yes

Customer Service

Phone Support help
Yes
Toll Free Number help
No
Email Support help
Yes
Branch Offices help
No
Live Chat (Current Clients) help
No
24/7 Support help
No

Reserch and Market Reports

Daily Market Report help
No
Free Tips help
No
Quarterly Results help
No
New Alerts help
No
Mutual Funds Reserch help
No
Reserch Equity Reports help
No
ETF Reserch help
No

Final thought about RKSV

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.


RKSV Securities Ltd User Reviews

avatar
10. sulakshana  Jan 5, 2017 4:26:25 PM IST Reply
Im facing prblem in your webapplication. My watlist ,positionbook window not opening.It says your already opened this window.How solve thisissue?
avatar
9. Ayubkhan  Nov 25, 2016 2:28:19 PM IST Reply
Hi.
Several times I am not able to log on through my mobile on upstok app . Pl suggest how best you can support on this .
avatar
8. parvesh  May 13, 2016 11:52:16 PM IST Reply
RKSV when u r lunching upstox, we know you have advertise this from last one year on your site.
avatar
7. Kunal  Apr 4, 2016 8:02:24 PM IST Reply
Does RKSV providing MAS Margin against Share, I have read some article where they mention they are staring MAS facility very soon?
avatar
7.1. Vijay  Apr 5, 2016 2:01:31 AM IST
RKSV don''t have MAS option now, It is going to be announce shortly.
avatar
7.2. Sanjeev  May 4, 2016 7:39:13 AM IST
RKSV offering Margin against shares as 75% of the stock price, you must have 50% in cash to do trading using MAS amount.
avatar
6. vijay  Apr 5, 2016 6:03:35 PM IST Reply
RKSV is no more offering Rs 4000 as brokerage credit,what there new promotion? Rs 100 in account opening free is not attractive offer as well as now they are charging Rs 300 for Demat AMC PA.
avatar
5. Yogendra S Mehta  Apr 5, 2016 2:02:47 AM IST Reply
Does RKSV providing Tax P&L Reports?
avatar
4. Tanaji S Shinde  Apr 3, 2016 4:13:20 AM IST Reply
How is RKSV's back office software? When daily Reports can be generate?
avatar
3. Keshav  Mar 28, 2016 8:49:49 PM IST Reply
I already have a demat and trading acct with sharekhan and want to switch to RKSV. Do I still need to go through kyc process again?
avatar
2. SP Singh  Mar 28, 2016 7:23:17 AM IST Reply
Does RKSV still providing Monthly Plans?
avatar
2.1. Vijay  Mar 28, 2016 2:59:13 PM IST
No, RKSV is no more providing Monthly Plans. They are providing Fix 20 Rs brokerage and Free Delivery trade plan.
avatar
1. Bala  Nov 10, 2015 10:09:01 PM IST Reply
SMS alerts how much it cost from RKSV
avatar
11.1. RKSV  Nov 11, 2015 7:48:48 AM IST
Yes,Its available with no charges now, can be have some charges in future.

Enquire RKSV Trading Account:

Name:Phone:
Email:City:
State:
Are you a day trader?

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

Flat 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



Search topsharebrokers.com:

Translate topsharebrokers.com: