About RKSV Securities
RKSV Securities is a discount broker operating from Mumbai and was started in 2009. It was started by 3 online entrepreneurs after returning from USA. As other discount brokers, they also have only 1 physical location and you have to send your completed form through courier to them. Once you send the form, your account would be opened in less than a week.
Exclusive Offer for NiftyTrader Visitors:
- Account opening fees waiver
- Switch over to RKSV from your current broker in order to avail the Rs. 3000 brokerage credit. You just need to open a FREE account with RKSV and submit a contract note from your existing broker to get the credit.
RKSV Securities Offering:
Being a discount broker, RKSV Securities brokerage structure is very simple and easy to understand. RKSV offers different plans to suit trader’s requirement. The Dream Plan offers flat Rs 20 per trade is an excellent plan for Active Investors as well as Beginners.
There monthly plans are ideal for active traders. The Pro plan for different segments or the Ultimate Plan offers you a lot of trading and provide additional leverage.
Their transaction charges are also very competitive with other discount brokers in India. RKSV Securities charge transaction or turnover charges at Rs 350 per crore for equity, Rs 210 per crore for futures and Rs 5500 per crore for options (on premium).
RKSV Securities Account Types
RKSV offers different types of brokerage plans based on customer requirement. A facility is available to mix and match these plans to make your own which is best suited to you.
The Dream Plan (First 5 free trades are free every month. Rs 20/- per trade is charged after that)
This plan offers 5 free trades every month, for life. Thereafter they charge a flat brokerage fees of INR 20/- per trade. The flat Rs 20 brokerage is applicable on trades in all segments including Cash (Equities), Futures, Options, Currency Futures and Options, and MCX Futures. You have to pay flat Rs 20/- whether you order 20 lots or 200 lots in F&O.
There are no monthly commitments. Also Dream plan customers get intraday leverage of 20x on equities, 2.5x on NSE F&O, 2x on NSE Currency F&O and 2x on MCX Futures.
RKSV Pro Plan (Flat monthly fees for unlimited trades)
This plan offers unlimited trading on Equity Delivery Based Trades, Equity Intraday Trades, Equity F&O, and Index Futures & Options in NSE Cash, NSE F&O and BSE Cash segments. This plan is the attractive plan for high volume day traders who executes multiple trades a day. This plan is further categorized in three plans:
Rs 3,999 Plan
This plan offers unlimited trading on Cash (Equities), Futures and Options segments.
Rs 1,999 Plan
This plan offers unlimited trading on NSE Currency Futures and Options segments.
Rs 2,999 Plan
This plan offers unlimited trading on MCX Commodity Futures segments.
RKSV Margin Table: