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RKSV Vs MyValueTrade - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹150 ₹555 ₹555
Brokerage Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹150 ₹0 ₹0
Demat Account AMC * ₹150 ₹400 ₹400

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Monthly Fee NA NA ₹1000 (unlimited trading)
Equity Delivery ₹0 ₹10 ₹0
Equity Intraday ₹20 ₹10 ₹0
Equity Future ₹20 ₹10 ₹0
Equity Options ₹20 ₹10 ₹0
Currency Futures ₹20 ₹10 ₹0
Currency Options ₹20 ₹10 ₹0
Commodity ₹20 ₹10 ₹0

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * NSE ₹210 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * NSE ₹5500 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * ₹150 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options ₹6000 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000
Commodity MCX ₹260/Cr MCX ₹250 MCX ₹250

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage ₹20 ₹10 or .01% whichever is lower ₹10 or .01% whichever is lower
Call & Trade ₹20 per trade ₹20 per executed order ₹20 per executed order
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹15 per debit instruction + depository charges at actual ₹15 per scrip ₹15 per scrip

Features

Compare key features offered the brokers.


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform NEST, Upstox OMNESYS NEST OMNESYS NEST

Demat Account Charges

Find charges for the best Demat Account for small investors


RKSV Securities Ltd MyValueTrade
Standard Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL - -
Account Opening Fee

₹150

- -
Advance Deposite

Nil

- -
AMC

₹150

- -
Dematerialisation Charges

₹2 per certificate plus courier charges of ₹35 per demat request

- -
Rematerialisation Charges

₹25 per certificate or 0.05% of the value whichever is higher.

- -
Transaction Charges (Credit) - - -
Transaction Charges (debit)

₹8 plus ₹5.50 (CDSL charges) per scrip.

- -
Pledge Creation Charges

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

- -
Pledge Creation Confirmation Charges

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

- -
Pledge Invocation Charges

0.05% of the transaction charges subject to a minimum of ₹50

- -
Failed Instruction Charges

₹50 per transaction

- -
Other Charges

Demat Rejection Charges: ₹35 per rejection for every 500 gms.

Adhoc / Non periodic statement requests: ₹25 (₹500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at ₹10 plus courier / postage charges.

Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

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FAQs

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra address. Maharashtra clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.