ICICI Direct Vs RKSV Securities Vs Trade Smart Online

ICICI Direct Vs RKSV Securities Vs Trade Smart Online


Background

Company Year of Incorporationcontact No.Exchanges enabledDemat (NSDL/CDSL)
ICICI Direct2000022-28307700NSE & BSENSDL,CDSL
RKSV Securities 2008 – Retail operations from 2012 022-61309999 NSE, BSE & MCX NSDL- Partnership with ILFS
Trade Smart Online 2009 022-42878000 NSE, BSE CDSL

 

Financial Health

COMPANYProfit after Tax FY11/12Profit after Tax FY12/13PROFIT AFTER TAX FY13/14 Profit after Tax FY 14/15
ICICI DirectRs 77.1 CroresRs 68.2 CroresRs 74.9 CroresNA
RKSV Securities– Rs 16.17 LakhsRs 24 lakhsRs 68.7 LakhsNA
Trade Smart OnlineRs 4 LakhsRs 17 LakhsRs 23 LakhsNA

 

COMPANYDebt FY11/12Debt FY12/13Debt FY13/14Debt FY 14/15
ICICI DirectRs 209 CroresRs 219 CroresRs 317 CroresNA
RKSV Securities00Rs 1.38 Crores0
Trade Smart OnlineRs 8.7 LakhsRs 6 LakhsRs 3.05 CroresNA

 

COMPANY Balance Sheet Size FY11/12 Balance Sheet Size FY12/13 Balance Sheet Size  FY13/14 Balance Sheet Size  14/15
ICICI Direct322127.07NA
RKSV SecuritiesRs 6.2 CroresRs 15.1 CroresRs 27.9 CroresNA
Trade Smart OnlineRs 9.26 CroresRs 9.28 CroresRs 22.35 CroresNA

 

COMPANYProfit to Equity(%) FY11/12Profit to Equity(%) FY12/13Profit to Equity(%) FY13/14Profit to Equity(%) FY 14/15
ICICI DirectRs 948 CroresRs 908 CroresRs 1620 CroresNA
RKSV Securities(3.48)5.10(13.73)NA
Trade Smart OnlineRs 304 CroresRs 296.15 CroresNANA

 

Brokerage

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
ICICI DirectEquity Intraday 0.05% & Delivery 0.25%- Negotiable0.05% of Turnover for Overnight & Intraday only one side- NegotiableRs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable0.05% of Turnover for Overnight & Intraday only one side – NegotiableRs 95/lot for Overnight & Rs 25/lot for Intraday – NegotiableNA
RKSV SecuritiesRs 20/executed order per intraday equity, Equity delivery freeRs 20/executed orderRs 20/executed orderRs 20/executed orderRs 20/executed orderRs 20/executed order
Trade Smart OnlineYearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lowerYearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lowerYearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lowerYearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lowerYearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lowerNA

 

Account Opening Costs

COMPANYTrading onlyTrading & DematCommodity
ICICI DirectNARs 500 which will be adjusted with brokerageNA
RKSV SecuritiesRs 250Rs 460Rs 250
Trade Smart OnlineNARs 975 for 3 in 1 AccountRs 555

 

Transparency & other costs

CompanyEquityFuturesOptionsCommodities AMC charge AMC charge AMC charge
ICICI Direct0.00325% on Turnover0.0019% of Turnover0.05 of TurnoverNARs 450/yearRs 25/Transaction or 0.05% whichever higher0
RKSV Securities0.0035% on Turnover0.0021% on Turnover0.059% on Premium Turnover0.0036% on Contract turnoverTrading: 0, Rs 400/year for DematRs 22/debit transactionRs 25/order placed on the phone
Trade Smart Online0.00325%0.0035%0.07%0.004%Rs. 400Rs.15 within DP Rs.25 Outside DPRs 25

 

Platforms

COMPANY SoftwareWeb/HTML 5Mobile
ICICI Directyesyesyes
RKSV Securitiesyesyesyes
Trade Smart Onlineyesyesyes

 

Charting & Reporting

CompanyIntradayEnd of DayCoding/BacktestingOnline Trade ReportsOnline PNL ReportsOnline Contract Notes
ICICI Direct20 days10 yearsNoYesYesYes
RKSV Securities22 days10 yearsNoYesYesyes
Trade Smart Online5 days on NOW10 days on NOWNoYesYesyes

 

Margins(Leverage Provided)

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
ICICI DirectIntraday upto 25 times & Delivery upto 5 times for interestUpto 4 times for intradayNot for buying but upto 2 times for shortingNANANA
RKSV SecuritiesUp to 20 times for intraday, 0 for deliveryUp to 4 times intraday leverageBuying no leverage, Shorting up to 4 times leverage intradayUpto 4 times for intradayBuying no leverage, Shorting up to 4 times intraday leverageFreedom Plan, Pro Plan, ultimate brokerage.
Trade Smart OnlineUp to 5 times for intraday, 0 for deliveryUp to 2 times intraday leverageNo MarginUp to 2 times for intradayNo MarginNo Margin

 

Support & Tools

Company Research & Tips Brokerage CalculatorMargin CalculatorBracket orders & Trailing StoplossTraining & Education
ICICI DirectYesNoNoNoYes
RKSV SecuritiesNoYesYesYesYes
Trade Smart OnlineNoYesYesNoYes

 

Convenience

COMPANY 3 in 1 AccountInstant Fund withdrawalRelationship Managers
ICICI DirectYesYesYes
RKSV SecuritiesNoNoNo
Trade Smart OnlineNoNoYes