Trade smart online is a part of VNC Finance and Capital Services limited. And it involves services in stock, commodity and currency trading.
RKSV securities limited is a popular discount broker offering budget brokerage plans.
Both of them are Discount Brokers. While Trade Smart Online trades in BSE, NSE and NCDEX, RKSV Ltd. trades in BSE, NSE and MCX.
Smart online offers a power plan and SKSV offers a standard plan. The charges for opening a trading account are Rs 200 in Trade Smart Online and Rs. 250 is RSKV. Both of them do not charge anything for the trading account AMC.
The equity delivery brokerage is Rs. 15 in Trade Smart Online and 0 in RSKV. The equity intraday brokerage is Rs. 15 in Smart Online and Rs. 20 in RKSV.
The other common features of these include mobile trading, charting, after trading hours orders and online demo. However SMS alerts and online portfolio are provided by none of them.
RKSV offers cover orders, 2-in-1 account thus allowing trading and demat account. It also offers Bracket order with a trailing stop loss amongst other features it also offers referral credits to its customers. With Smart Online, mutual fund investment options are also available which is unavailable in case of RKSV.
|Trade Smart Online||RKSV Securities Ltd.|
|Basic Information||Type of Broker||Discount Broker||Discount Broker|
|Exchanges||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX|
|Fees for Opening Trading Account||Rs. 200||Rs. 250|
|Annual Maintenance Charges of Trading Account||Nil||Nil|
|Fees for Opening Demat Account||Rs. 200||Rs. 300|
|Annual Maintenance Charges of Demat Account||Rs. 300||Rs. 400|
|Brokerage Charges||Equity Delivery Charges||Rs. 15||Nil|
|Equity Intraday Charges||Rs. 15||Rs. 20 per executed order|
|Equity Future Charges||Rs. 15||Rs. 20 per executed order|
|Equity Options Charges||Rs. 15||Rs. 20 per executed order|
|Currency Futures Charges||Rs. 15||Rs. 20 per executed order|
|Currency Options Charges||Rs. 15||Rs. 20 per executed order|
|Commodity Charges||Rs. 15||Rs. 20 per executed order|
|Minimum Brokerage Charges||Rs. 15||Nil|
|Transaction Charges||Equity Delivery||0.00%||0.00%|
|Equity Options||0.0715% on Premium||0.055% on Premium|
|Currency Options||0.0600% on Premium||0.06% on Premium|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||NEST, NOW||NEST|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||N||N|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||Y||N|
|Reports||Daily Market Report||N||N|
|Quarterly Analysis of Results||N||N|