RK Global Review 2019

Rated 3.5/5 by Top Share Brokers Team
R K Global Shares & Securities Ltd  Review

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    R K Global Group of Companies with its presence since 1995, has diversified business in the areas of Equities, Derivatives, Commodities, Currency, Depository, IPO Distribution, Mutual Fund Distribution and Consultancy. They enter in the retail broking business in 2004 under the name R K Global Shares and Securities Ltd. RK Global has a membership in NSE, BSE, MCX, NCDEX, MCX-SX, NSEL& NSDL to provide complete access to financial service.

    The company offers its services in over 150 cities and 24 States across India with a strong base of Business Associates.With clear vision of Trust, Transparency & Utmost Client Satisfaction, RK Global is providing e-Trading, DP, IPO & MF, NRI and Research Service.

    In this review, we will mainly focus on discount brokerage and platform offered by RK Global for trading in various segments in Indian Stock market.

    R K GLOBAL introduced discount online brokerage service in 2006, offering India Trades @ 999 in NSE and BSE Capital Market and Super 9 in NSE and BSE Capital and F&O segment.

    One of the best ever observed, RK Global is providing 24* 7 customer service support through their dedicated help desk.Research and tips,Trading call, technical and derivatives reports, market news to its clients either in the form of a written market commentary or research report sent in e-mail, fax form, SMS or through postal or courier service are few of its effective services to its clients.They also have online fund transfer facility from more than 25 banks.

    But there is one hitch, RK Global is taking software maintenance charges by use of segment, where maximum online discount brokers are providing this as free tool to its customers.

Review Summary

R K Global is well established and reputed stock broker firm serving wide range of investment products in Indian financial market from long time. Their excellent house research, useful tips and recommendations, high-quality customer service, make R K Global one of the best platform choice for investors new or experienced.

RK Global Key Highlights

  1. 9 Rs Per Trade Plan/999 Rs Monthly Plan.
  2. Own DP Service.
  3. Provide service for IPO and Mutual Funds.
  4. Wide range of Investment product available.
  5. 24x7 Customer Support.

Benefits

  • Good long term research reports- Technical and fundamental.
  • Reasonable brokerage.

Considerations

  • Monthly fees charged for their software usage.
  • No single login for its services.
  • Available version of demos are not supported on Windows latest version.
  • No brokerage calculator and referral for its clients.
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RK Global Investment Options Compare

Here we are comparing RK Global with its 5 close competitors on investment options.

Broker RK Global Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes No
MF SIP No Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance No Yes Yes No No

RK Global Brokerage Plans

Brokerage and Commission Rated 3.5/5

    RKGLOBAL has diversified plan:
    India Trades @999/per month for unlimited trade in NSE and BSE Cash Market segment.

    Super 9 - Flat brokerage of Rs 9 per executed order in BSE and NSE Cash Market with 6x against available margin and BSE and NSE F & O Segments.

    Commodity Trading in MCX and NCDEX @ Rs 9 per lot.

    This flat-rate commission structure is less expensive than other neighbor discount brokers like Zerodha, RKSV, Trade Smart Online and equivalent to SASOnline.

    Currency Trading in MCX-SX/NSE-CD is available for Rs. 0.99 per lot.

    R K Global Shares & Securities Ltd is registered as a Depository Participant with NSDL.They charges Rs 200 for Demat account opening. First year AMC is free which is otherwise 250 Rs per year. Demat account can be linked directly with Trading Account to provide an integrated platform.
    Their software maintenance charges are levied per segment which is an extra charges for their customers.

    • Software Maintenance Charge (Web): Rs 99 per month per segment
    • Software Maintenance Charge (Diet ODIN): Rs 299 per month per segment
    • Intraday Exposure: 6x against available margin
    • Delivery Exposure: 100% against Cash margin
    • DP Transaction Charges (Outgoing) Rs. 15/- per ISIN
    • NSE/BSE charges and other statutory levies e.g. Security Transaction Tax (STT) & Stamp Duty etc. shall be charged extra as applicable.

    For trading in more than one segment you may have to pay Rs 499 for 2 segments and Rs 599 for 3 segments and so on which looks like a deal that broker wants to offer to its clients. Check with broker for more details.

    Call and Trade facility is available for extra pay on per executed order basis. Physical copies of contract note is charged at Rs. 30/- per contract.

    Trading Brokerages

    1. RKGlobal 9 Rs Plan

    • Equity Delivery Based Trades: 9 Rs per executed order
    • Equity Intraday Trades: 9 Rs per executed order
    • Equity Future: 9 Rs per executed order
    • Equity Options: 9 Rs per executed order
    • Currency Futures and Options: .99 Rs per lot in MCX-SX/NSE-CD
    • Commodity Futures: 9 Rs per executed order

    2. RKGlobal Monthly/Yearly/Ultimate plan

    • 999 Rs monthly plan: Fixed 999 Rs per month for trades across NSE/BSE case segment.
    Account Charges
    • Trading Account Opening Charges (One Time): 300 Rs
    • Demat account Opening Charges (One Time): 200 Rs
    • Trading Annual maintenance charges (AMC): NIL
    • Demat Account Annual Maintenance Charges (AMC): 250 Rs( free for 1st year)
    Other Charges
    • Software charges by segment

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

    R K Global Margin/Exposures

    1. Equity Cash Trading - 6x against available margin**.
    2. Equity Delivery Exposure - 100% against Cash margin.
    3. Equity Derivatives Trading - As prescribed by NSE/BSE or 15% whichever is higher.
    4. Commodity Trading - As prescribed by MCX.

For complete brokerage charges and trading plans detail please visit RK Global Brokerage Charges.

RK Global with closest competitors

Here we are comparing RK Global with its 5 close competitors, who are currently market leader in brokerage industry.

Broker RK Global Sharekhan 5paisa Zerodha SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 9 0.1 to 0.5% Rs 10 Rs 20 20 Rs
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery Flat Fee Rs 9 0.5% or 50 paisa Flat Fee Rs 10 Free 0.2% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 9 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures 0.01% or Rs 20 whichever is lower 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 9 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 20 0.1% or 10 paisa Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Rs 9 Per Lot 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 9 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate RK Global Brokerage Calculator


Open Trading and Demat Account with R K Global Shares & Securities Ltd

For online trading with RK Global, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with RK Global:

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RK Global Trading Platform

Trading Platforms Rated 3.5/5

    A client can trade with R K Global using their Trading Terminal RKG Diet ODIN which is 10 x setup high speed software with features like live streaming quotes, continuous and historical charts with 63 technical indicators, integrated market watch along with alert facility also integrated with back office to access account information.

    RKG Net.Net is a trading website for fast, easy and accessible online trading with same features as their trading terminal.

    Diet ODIN-based application iWIN can be downloaded on mobile for trading in NSE, BSE, MCX and MCX-SX Segments.

    There is one more app from NSE NOW named “RKG mobile Trading” which can be downloaded on your smartphones with Android 2.2 and above, Blackberry OS, iOS 4 and above for trading in NSE Cash,F&O and Currency segment.

    Trading can be executed in NSE Capital Market through their web based and Diet ODIN internet trading system only. For trading in BSE Capital Market, you have to use either of the three trading platforms available with broker i.e. Web Based,Diet ODIN or Mobile trading app.

    For detail review of mobile app and download please visit RK Global Trading Platform Review.

RK Global Trading Platform Compare

Here we are comparing RK Global with its 5 close competitors on Trading Platform.

Broker RK Global Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site No Yes Yes Yes Yes

Final thought about RK Global

Like all brokers, there is room for improvement for R K Global too.Despite R K Global's shortcomings with charging for trading tools and lacking in training and education, the broker is fantastic for option and discount trading and with time should only become a better all-around broker.

If you like what you have read and want to start trading, leave your contact information with us and we will guide you.

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R K Global Shares & Securities Ltd User Reviews

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6. aditi Apr 10, 2018 2:43:32 PM IST Reply
It''s an excellent company.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
5. Saikat Apr 12, 2017 1:14:15 AM IST Reply
I want to know
1.what is the minimum brokerage charges /trade?
2.What is the software usage charge for Cash,F&O? What is the extra amount to be paid for mobile trading?
3.Is exposure allowed against stock in my Demat account?
4.Can I add ICICI Bank account for direct payout ?
5.Super 9 plan is applicable for mobile trading also?
6.IPO segment is valid?
7.Please clear DP charges.
Please clarify ASAP,as I want to open an account now.
avatar
5.1. Sachin K Apr 13, 2017 1:59:07 AM IST
I want to know
1.what is the minimum brokerage charges /trade?
In Rs 9 Plan, Min and Max charges are Rs 9 for equity Cash and Derivatives and Currency .99 Per lot.
2.What is the software usage charge for Cash,F&O? What is the extra amount to be paid for mobile trading?
Mobile App is free as they are using NSE NOW, Please refer s/f charges in review page.
3.Is exposure allowed against stock in my Demat account?
NA
4.Can I add ICICI Bank account for direct payout ?
Yes, You can add ICICI Bank account with Max brokers.
5.Super 9 plan is applicable for mobile trading also?
Yes, Super 9 plan is avaiable for mobile trading.
6.IPO segment is valid?
IPO can be applied via ASBA process, you need a Demat account.
7.Please clear DP charges.
Please refer below link for DP charges - https://www.topsharebrokers.com/brokerage-plan/rkglobal/
Please clarify ASAP,as I want to open an account now.
avatar
4. TSB Team Nov 30, 2016 8:16:40 PM IST Reply
They have online fund transfer facility from more than 25 banks.
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3. Maharaja singh Nov 29, 2016 9:50:42 PM IST Reply
I have an account in axis bank, can i link it with trading account with RK Goober
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3.1. TSB Team Nov 30, 2016 8:14:13 PM IST
I dont see any problem linking your axis bank account with RKGlobal trading account.
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2. RAMA Oct 28, 2016 11:34:10 AM IST Reply
AT PRESENT I AM HAVING SAVINGS BANK ACCOUNT WITH ICICI CHENNAI BRANCH.
CAN I OPERATE THE SAME ACCOUNT WITH RK GLOBAL?
AT PRESENT I HAVE LINKED WITH ICICI DEMAT ACCOUNT.
avatar
1. Nithin May 11, 2016 7:32:59 PM IST Reply
Can I have multiple Bank accounts linked to my RKGlobal Trading account?

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