ShareKhan is a full service broker while RKSV securities is a discount broker. The brokerage structure in RKSV is simple and easy. The transaction charges are very competitive in RKSV.
Sharekhan has proven to be the most fine investment portal and offers services like bonds and NCDs. You can trade in equity and apply for IPO’s with Sharekhan. SMS alert and online portfolio facilities are to be witnessed in Sharekhan investments only. Sharekhan has a strong network but at the same time the brokerage is high when compared to discount brokers.
No minimum brokerage charges fall in the pros category in favor of RKSV when compared to Sharekhan. RKSV provides free unlimited Equity Delivery charges.
Keeping in mind the investors’ or the traders’ requirements, RKSV offers discounted brokerage plans. Rs 20 per trade are applicable on entire online share trading segments provided by RKSV. These segments include Currency futures and options, Equity intraday, future and delivery charges.
|Basic Information||Type of Broker||Full Service Broker||Discount Broker|
|Exchanges||BSE, NSE, MCX, NSEL & NCDEX||BSE, NSE, MCX|
|Fees for Opening Trading Account||Rs. 750||Rs. 250|
|Annual Maintenance Charges of Trading Account||Rs. 450||Nil|
|Fees for Opening Demat Account||Nil||Rs. 300|
|Annual Maintenance Charges of Demat Account||Rs. 400||Rs. 400|
|Brokerage Charges||Equity Delivery Charges||0.50%||0.01% or Rs. 20 per executed order, whichever is lower|
|Equity Intraday Charges||0.10%||0.01% or Rs. 20 per executed order, whichever is lower|
|Equity Future Charges||0.10%||0.01% or Rs. 20 per executed order, whichever is lower|
|Equity Options Charges||Rs. 100 per lot or 2.5% on premium, whichever is higher||0.01% or Rs. 20 per executed order, whichever is lower|
|Currency Futures Charges||0.10%||0.01% or Rs. 20 per executed order, whichever is lower|
|Currency Options Charges||Rs. 100 per lot or 2.5% on premium, whichever is higher||0.01% or Rs. 20 per executed order, whichever is lower|
|Commodity Charges||0.10%||0.01% or Rs. 20 per executed order, whichever is lower|
|Minimum Brokerage Charges||Rs. 0.10 per share||Nil|
|Transaction Charges||Equity Delivery||0.1% from both sides||0.00%|
|Equity Futures||0.17% from selling side||0.00%|
|Equity Options||0.017% on premium from selling side||0.055% on Premium|
|Currency Futures||0.17% from selling side||0.00%|
|Currency Options||0.017% on premium from selling side||0.06% on Premium|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||Trade Tiger||NEST|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||N|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||Y||N|
|Reports||Daily Market Report||Y||N|
|Quarterly Analysis of Results||Y||N|