Trade Smart Online vs RKSV Securities – Point by Point Comparison

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
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 Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.0715% on Premium 0.055% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.0600% on Premium 0.06% on Premium
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts N Y
Online Demo Y Y
Online Portfolio N N
Trading Platform NEST, NOW NEST
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) N N
Mutual Funds Y N
Debt N N
Bond/ NCD Y N
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y N
Branch Support N N
Reports Daily  Market Report N N
Quarterly Analysis of Results N N

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