Zerodha vs RKSV Securities – Point by Point Comparison

Both Zerodha and RKSV Securities are online discount brokers and work for online share trading on similar exchanges. Where Zerodha charges a minimal fee of Rs. 300 for opening a trading account, RKSV Securities lets you do the same thing in only Rs. 250. However, RKSV Securities charges Rs. 300 if you want to open a demat account online whereas, Zerodha lets you open your account on a minimal fee of Rs. 150.

Both the brokers offer equally tempting brokerage charges. They work at the rate of 0.01% or charge Rs. 20 per executed order whichever costs lower and charge zero brokerage charges. Any additional charges do not apply for both.

RKSV Securities gains an upper hand when it comes to various transaction charges. While Zerodha charges different rates for different exchanges respectively, RKSV Securities remains consistent with all the exchanges and offers 0.0% provision and a minimal percent charged on premium.

Both the online brokers offer similar features like online demos. However, RKSV Securities offers SMS facility to its clients too. Zerodha uses Zerodha Trader, Z25 and Zerodha PI as its trading platform while RKSV Securities opts for NEST as its trading platform. Both the brokers offer basic investment services.

Zerodha RKSV Securities
Basic Information Type of Broker Discount Broker Discount Broker
Exchanges BSE, NSE, MCX-SX, MCX BSE, NSE, MCX
Fees for Opening Trading Account Rs. 300 Rs. 250
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 150 Rs. 300
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 400
Brokerage Charges Equity Delivery Charges Nil Nil
Equity Intraday Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Equity Future Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Equity Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Currency Futures Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Currency Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Commodity Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 20 per executed order
Minimum Brokerage Charges Nil Nil
Transaction Charges Equity Delivery For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% 0.00%
Equity Intraday For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% 0.00%
Equity Futures For BSE: 0.0007%, for NSE: 0.0021% & for MCX-SX: 0.0014% 0.00%
Equity Options For BSE: 0.0027%, for NSE: 0.053% & for MCX-SX: 0.027% on premium 0.055% on Premium
Currency Futures For NSE: 0.00135% & for MCX-SX: 0.0013% 0.00%
Currency Options For NSE: 0.044% & for MCX-SX: 0.037% 0.06% on Premium
Commodity 0.0031% (Non-Agri) & 0.00175% (Agri) 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 Zerodha Trader, Z5 &Zerodha PI NEST
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) N N
Mutual Funds N N
Debt N N
Bond/ NCD N N
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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