Why should I open Account with RKSV

Posted on 31st Mar 2016
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Why should I open Account with Upstox(RKSV)?

The reasons to choose Upstox(RKSV) as your brokers are:

Lowest Transaction Charges

    Upstox(RKSV) transaction charges are very competitive with other discount brokers in India. They charge transaction or turnover charges at Rs 325 per crore for equity, Rs 210 per crore for futures and Rs 5500 per crore for options (on premium).

Established name amongst Discount Brokers

    Upstox(RKSV) Securities is a credible and reliable Broker registered with SEBI and having trading membership in NSE, BSE and MCX for access to trade in Stocks, Futures, Options, Currencies and Commodities on a single trading platform. They have their own DP having membership with NSDL and CDSL. They mark a continues growth in their customer base with daily turnover on the exchanges exceeds Rs. 5000+ Crores.

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Simple Brokerage Plan

    Upstox(RKSV) has made their trading plans very simple and competitive. They no more offer any monthly plans. Equity Delivery Trading is absolutely Free. For rest all the segment viz. Intraday, Futures, Options, Currency Futures and Options and MCX Futures trade @ Rs 20 per order regardless of the size of the trade.

Upstox(RKSV) Margin

    Enjoy intraday leverage of upto 20x on Equities, 4x on NSE F&O, 4x on BSE/NSE Currency F&O and 3x on MCX Futures.

Technology Driven

    They offer powerful technology and trading tools to help you make the right trading decision. Trade on desktop, mobile or web. Their innovative tools are

    • Brokerage Calculator: You can calculate your break-even point and see how much you can save on brokerage.
    • Span Calculator: Tool provided by Upstox(RKSV) to know the margin requirement in advance in Equities, Futures, Options, Currency Derivatives and Commodities.
    • Option Strategy Builder: This tool help traders understand exactly how their profit and loss calculation works when they build a hedged portfolio.

Upstox(RKSV) Demat Account

    Upstox(RKSV) Demat Account opening is totally free. They offer Zero transaction charges on demat account. Usually it is Rs 8 for selling delivery of shares. Demat AMC is Rs 300 only for 1st year, second year onwards there is no AMC.

Upstox(RKSV) Back Office

    Upstox(RKSV) is currently using BUSY WIN from COM TEK Software System, This is one of the advance back office software for stock brokers. ComTek support almost all major exchanges as well as DP back office accounting. Have feature to send digital signed reports to clients, SMS facility which covers Transaction SMS, Bill Amount SMS, A/c Balance and Receipt/Payment SMS. As well as software to manage investment portfolio for clients.Upstox(RKSV) is launching Keystone which is going to provide you all your historical transactions and activity.

Upstox(RKSV) Offer and Promotion

    Please visit our current offer and promotion page to find latest Upstox(RKSV) promotion.


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User Comments

1. Sandeep  Mar 31, 2016 4:22:19 PM IST Reply
Nice Article and Great Brokers.

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