RKSV Securities vs AnandRathi – Point by Point Comparison

AnandRathi is a full service broker with presence across India through branches and franchisees while RKSV is an online share trading platform that provides discount broking services. RKSV charges just Rs. 250 for a trading account, and AnandRathi charges Rs. 750. While the fee for opening a Demat account is same, annual maintenance is cheaper with RKSV Securities.

The pricing is vastly different for the firms. RKSV Securities charges 0.01% or Rs. 20 per executed order (whichever is lower) as their brokerage charge. AnandRathi charges anywhere from 0.05% to 0.15% for the different services rendered. This means that you can save a lot from your brokerage charges if you deal with RKSV Securities and add that to your profits. Also, RKSV Securities don’t have a minimum brokerage charge.

Another benefit with RKSV Securities is that they accept orders after trading hours, a service not provided by AnandRathi. The trading platform used by RKSV Securities is NEST. The main investment services provided by them are stock and equity, commodity and currency. AnandRathi, being a full service broker, provides additional services like those of mutual funds, debt, IPO and bond/NCD. Customer support is available over Email and phone for both the firms.

RKSV Securities AnandRathi
Basic Information Type of Broker Discount Broker Full Service Broker
Exchanges BSE, NSE, MCX BSE, NSE, MCX, NCDEX and NSEL
Fees for Opening Trading Account Rs. 250 Rs. 750
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 300 Rs. 300
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 550
Brokerage Charges Equity Delivery Charges Nil 0.5% to 0.15%
Equity Intraday Charges Rs. 20 per executed order 0.05% to 0.15%
Equity Future Charges Rs. 20 per executed order 0.05% to 0.15%
Equity Options Charges Rs. 20 per executed order 2% to 0.5% on premium or Rs. 75 to Rs. 20
Currency Futures Charges Rs. 20 per executed order 0.05% to 0.15%
Currency Options Charges Rs. 20 per executed order 2% to 0.5% on premium or Rs. 75 to Rs. 20
Commodity Charges Rs. 20 per executed order 0.008% to 0.05%
Minimum Brokerage Charges Nil NA
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% For BSE: 0.0021% & for NSE: 0.0041%
Equity Options 0.055% on Premium 0.07% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.06% on Premium 0.07% on Premium
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y NA
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio N Y
Trading Platform NEST NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) N Y
Mutual Funds N Y
Debt N Y
Bond/ NCD N Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support N Y
Reports Daily  Market Report N Y
Quarterly Analysis of Results N Y

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