RKSV vs Fyers – Point by Point Comparison

Both RKSV and Fyers are discount brokers that offers discounted pricing, operates from single location and provide a great trading experience. In closer look, Fyers provides couple of decision making tools in their platform which is really helpful for traders.

    RKSV Securities FYERS
Basic Information Type of Broker Discount Broker Discount Broker
  Exchanges BSE, NSE, MCX NSE
  Fees for Opening Trading Account Rs. 250 NIL
  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 400
Brokerage Charges Equity Delivery Charges 0.01% or Rs. 20 per executed order, whichever is lower 0.1% or Max Rs 100 (Whichever is lower)
  Equity Intraday Charges 0.01% or Rs. 20 per executed order, whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Equity Future Charges 0.01% or Rs. 20 per executed order, whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Equity Options Charges 0.01% or Rs. 20 per executed order, whichever is lower Rs 10 per lot or Max 100 (Whichever is lower)
  Currency Futures Charges 0.01% or Rs. 20 per executed order, whichever is lower 0.01% or Max Rs 100 (Whichever is lower)
  Currency Options Charges 0.01% or Rs. 20 per executed order, whichever is lower Rs 10 per lot or Max 100 (Whichever is lower)
  Commodity Charges 0.01% or Rs. 20 per executed order, whichever is lower NA
  Minimum Brokerage Charges Nil NA
Transaction Charges Equity Delivery 0.00% As Applicable
  Equity Intraday 0.00% As Applicable
  Equity Futures 0.00% As Applicable
  Equity Options 0.055% on Premium As Applicable
  Currency Futures 0.00% As Applicable
  Currency Options 0.06% on Premium As Applicable
  Commodity 0.00% As Applicable
Features 3-in-1 Account N N
  Mobile Trading Y Y
  Acceptance of Orders After Trading Hours Y Y
  SMS Alerts Y N
  Online Demo Y Y
  Online Portfolio N Y
  Trading Platform NEST Fyers One, Fyers Webtrader, Fyers Markets
Investment Services Stock/ Equity Y Y
  Commodity Y N
  Currency Y Y
  IPO (Initial Public Offers) N Y
  Mutual Funds N Y
  Debt N N
  Bond/ NCD N Y
Customer Support 24/7 Customer Support N N
  Email Y Y
  Phone Y Y
  Online Live Chat N N
  Branch Support N N
Reports Daily  Market Report N N
  Quarterly Analysis of Results N N

 

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