SMC Global vs RKSV Securities – Point by Point Comparison

Both the companies hold a good position in the share market. SMC Global Limited and RKSV Securities are respected companies which are growing at a very fast rate. The facility offered by SMC Global Limited is full service brokerage and by RKSV Securities is Discount Brokerage. Full service brokerage includes proper guidance of the client whereas discount brokerage includes discounts offered by the company to the client. RKSV Securities also exchanges NCDEX which is not done by the other one. Registration fees for opening new trading account are Rs 1000 and Rs 250 respectively. Both the companies do not charge for any annual maintenance. By not charging for maintenance both the companies are able to increase users as many of them think to close the account rather than pay annually. No registration charge of Demit account but annual maintenance of Rs 300 and Rs 400 is charged by SMC Global and RKSV Securities respectively. Equity Delivery, Intraday, Future charges are 0.03% and 0.01% respectively. One of the greatest advantages of RKSV Securities over SMC Global is that it does not charge any transaction charges. Both the companies charge very minimum transaction cost than other share market companies. Trading platform used by SMC Global is Odin Diet and by RKSV Securities is NEST.

Basic Information SMC Global Limited RKSV Securities Ltd.
Type of Broker Full Service Broker Discount Broker
Fees for Opening Trading Account Rs. 1000 Rs. 250
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Rs. 300
Brokerage Charges Annual Maintenance Charges of Demat Account Rs. 300 Rs. 400
Equity Delivery Charges 0.30% Nil
Equity Intraday Charges 0.03% Rs. 20 per executed order
Equity Future Charges 0.03% Rs. 20 per executed order
Equity Options Charges Rs. 70 per lot Rs. 20 per executed order
Currency Futures Charges 0.03% Rs. 20 per executed order
Currency Options Charges Rs. 20 per lot Rs. 20 per executed order
Commodity Charges 0.03% Rs. 20 per executed order
Transaction Charges Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower Nil
Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.065% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.065% on Premium 0.06% on Premium
Features Commodity 0.00% 0.00%
3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo NA Y
Online Portfolio Y N
Investment Services Trading Platform Odin Diet NEST
Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y N
Mutual Funds Y N
Debt Y N
Customer Support Bond/ NCD Y N
24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N N
Reports Branch Support Y N
Daily  Market Report Y N
Quarterly Analysis of Results Y N

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