India Infoline vs RKSV – Point by Point Comparison

Having your shares and the online share trading system related to it safe and secure, it is important to have the right broker between the functioning. Considering two prominent firms shows that each firm has unique benefits which might turn out to be very suitable for the functioning of the same. Before looking at anything else, it is very important to consider the type of brokers these firms are. India-Infoline is a full service broker whereas RKSV Securities is a discount broker.

Now coming on to another important factor while opening a trading account, it is important to know that India-Infoline charges Rs. 750 as its registration fees for opening such an account and RKSV Securities charges Rs. 250 as its registration charge. Now looking at another important factor, the brokerage charges, it might be interesting to know that India-Infoline charges 0.50% of every trade whereas RKSV Securities charges Rs. 20 per executed order and that too of the lowest one.

The trading platform varies at a high rate for both the firms. India-Infoline operates on Trade Terminal and RKSV Securities operate on NEST. There is a huge difference between the two when it comes to choosing the right one. Therefore, one must be careful while choosing the most appropriate one.

    India Infoline RKSV Securities
Basic Information Type of Broker Full Service Broker Discount Broker
Exchanges BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Fees for Opening Trading Account Rs. 750 Rs. 250
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Rs. 300
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Brokerage Charges Equity Delivery Charges 0.50% Nil
Equity Intraday Charges 0.05% Rs. 20 per executed order
Equity Future Charges 0.05% Rs. 20 per executed order
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 20 per executed order
Currency Futures Charges 0.05% Rs. 20 per executed order
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 20 per executed order
Commodity Charges 0.05% Rs. 20 per executed order
Minimum Brokerage Charges Rs. 0.05 per share Nil
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.051% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.051% on Premium 0.06% on Premium
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y N
Trading Platform Trader Terminal NEST
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y N
Mutual Funds Y N
Debt Y N
Bond/ NCD NA N
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support Y N
Reports Daily  Market Report Y N
Quarterly Analysis of Results Y N

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