Friday, September 7, 2012

RKSV Review– Cheapest Online Broker For Unlimited Trading


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Today review about RKSV – Cheapest Online Broker available in India. This is on demand from some of our readers asked me for alternatives to Zerodha (We had reviewed Zerodha recently)

RKSV – Cheapest Online Broker:-

  •  About RKSV :- RKSV is new broker and probably first Cheap broker offering Unlimited Trading for Monthly Fees with Lowest Rates in Brokerage World.

 

  • Brokerage and Charges:- RKSV is offering Rs 1947/- Per Month (Service Tax Extra) for unlimited  trading in NSE Cash, NSE FnO, and BSE Segments. After paying monthly Rs 1947 /- you can trade as much as you want in your account and no brokerage will be charged again. Taxes and Other charges are as per the rule will be applied. This is very useful for traders who are doing online trading with multiple trades in a day. Presently MCX is not available with RKSV.

 

  • Service :- They are having very good service and they reply and resolve your queries and complaint very fast. ( This is from Users who are using their service as I am not their client.)

 

  • Research Tips and Calls:- Presently no research Tips or Calls as their main Concentration is on service as they are Online Low Cost Broker. But I think it is not required for traders who trade on their own and do multiple trades.

 

  • Trading Platform:- Presently they are providing NSE NOW which is by NSE so quotes are very fast and realtime.

 

  • Charting:- On NOW inbuilt Intraday Realtime Charts are provided for the day only but now with NEST PLUS Plugin you can get Historical Intraday (IEOD) charts on NSE NOW for upto 22 days for free.

 

  • Account Opening :- Very Fast – Probably second day after your Completely clear filled form and documents reach their office.

Click Here For RKSV

 

Conclusion:- So at TraderAdda we give RKSV 7/10 points as Broker Selection Criteria. So those who trade multiple trades in day can  go with RKSV  for saving their Money in brokerage. Afterall Money Saved is Money Earned.


For Further Reading,
Broker Review, Cheap Brokers, Low Cost Broker

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