RKSV Securities vs Geojit BNP Paribas – Point by Point Comparison

While RKSV is an online share trading platform that provides discount broking services, Geojit is a full service broker. Opening a trading account with Geojit costs Rs. 800 while RKSV charges just Rs. 250.

The pricing of the two is hugely different. While RKSV charges 0.01% o Rs. 20 per order for equity future, or equity delivery, or equity options, Geojit charges as much as Rs. 75 for equity options, 0.30% for equity delivery and 0.03% for equity future. While commodity charges are 0.01% or Rs. 20 for RKSV, Geojit BNP Paribas does not trade in commodities. There are no minimum brokerage charges for RKSV Securities, while Geojit charge Re. 0.01 per share or Rs. 20 per contract.

Both the companies provide the option of mobile trading, SMS alerts and online demo. The trading platform used by RKSV Securities is NEST and that used by Geojit BNP Paribas is Flip Platinum. The investment services provided by Geojit include stock and equity, currency, etc. RKSV provides all these services, along with the option of investing in commodities.

RKSV Securities Geojit BNP Paribas
Basic Information Type of Broker  Discount Broker Full Service Broker
Fees for Opening Trading Account Rs. 250 Rs. 800
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 300 Nil
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 350
Brokerage Charges Equity Delivery Charges Nil 0.30%
Equity Intraday Charges Rs. 20 per executed order 0.03%
Equity Future Charges Rs. 20 per executed order 0.03%
Equity Options Charges Rs. 20 per executed order Rs. 75 per lot
Currency Futures Charges Rs. 20 per executed order Rs. 10 to Rs. 15 (vary as per contract)
Currency Options Charges Rs. 20 per executed order Rs. 10 to Rs. 15 (vary as per contract)
Commodity Charges Rs. 20 per executed order NA
Minimum Brokerage Charges Nil Re. 0.01 per share or Rs. 20 per contract, whichever is higher
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.055% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.06% on Premium 0.0473% on Premium
Commodity 0.00% NA
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio N Y
Trading Platform NEST Flip Platinum
Investment Services Stock/ Equity Y Y
Commodity Y N
Currency Y Y
IPO (Initial Public Offers) N Y
Mutual Funds N Y
Debt N Y
Bond/ NCD N NA
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Branch Support N Y
Reports Daily  Market Report N Y
 Quarterly Analysis of Results N Y

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