IDBI Capital Vs RKSV Securities Vs Trade Smart Online

IDBI Capital Vs RKSV Securities Vs Trade Smart Online


Background

Company  Year of Incorporation contact No. Exchanges enabled Demat (NSDL/CDSL)
IDBI Capital 1993 022-39135001 NSE, BSE NSDL
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

COMPANY Profit after Tax FY11/12 Profit after Tax FY12/13 PROFIT AFTER TAX FY13/14  Profit after Tax FY 14/15
IDBI Capital Rs 26.8 Crores Rs 24.2 Crores Rs 17.4 Crores NA
RKSV Securities – Rs 16.17 Lakhs Rs 24 lakhs Rs 68.7 Lakhs NA
Trade Smart Online Rs 4 Lakhs Rs 17 Lakhs Rs 23 Lakhs NA

 

COMPANY Debt FY11/12 Debt FY12/13 Debt FY13/14 Debt FY 14/15
IDBI Capital NIL Rs 9.1 Crores NIL NA
RKSV Securities 0 0 Rs 1.38 Crores 0
Trade Smart Online Rs 8.7 Lakhs Rs 6 Lakhs Rs 3.05 Crores NA

 

COMPANY Profit to Equity(%) FY11/12 Profit to Equity(%) FY12/13 Profit to Equity(%) FY13/14 Profit to Equity(%) FY 14/15
IDBI Capital 20.87 10.98 5.6 NA
RKSV Securities (3.48) 5.10 (13.73) NA
Trade Smart Online Rs 304 Crores Rs 296.15 Crores NA NA

 

COMPANY  Balance Sheet Size FY11/12  Balance Sheet Size FY12/13  Balance Sheet SizeFY13/14  Balance Sheet Size FY 14/15
IDBI Capital Rs 322 Crores Rs 356 Crores Rs 343 Crores NA
RKSV Securities Rs 6.2 Crores Rs 15.1 Crores Rs 27.9 Crores NA
Trade Smart Online Rs 9.26 Crores Rs 9.28 Crores Rs 22.35 Crores NA

 

Brokerage

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
IDBI Capital 0.08% for Intraday, 0.5% for Delivery, Reduces with Upfront Brokerage 0.08%, Reduces with Upfront Brokerage Rs 100/lot, Reduces with Upfront Brokerage NA NA NA
RKSV Securities Rs 20/executed order per intraday equity, Equity delivery free Rs 20/executed order Rs 20/executed order Rs 20/executed order Rs 20/executed order Rs 20/executed order
Trade Smart Online Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower NA

 

Account Opening Costs

COMPANY Trading only Trading & Demat Commodity
IDBI Capital NA Rs 1500 NA
RKSV Securities Rs 250 Rs 460 Rs 250
Trade Smart Online NA Rs 975 for 3 in 1 Account Rs 555

 

Transparency & other costs

Company Equity Futures Options Commodities  AMC charge  AMC charge  AMC charge
IDBI Capital 0.00325% of Turnover 0.0019% of Turnover 0.051% of Premium Turnover NA Rs 350 Rs 10/debit transaction NIL
RKSV Securities 0.0035% on Turnover 0.0021% on Turnover 0.059% on Premium Turnover 0.0036% on Contract turnover Trading: 0, Rs 400/year for Demat Rs 22/debit transaction Rs 25/order placed on the phone
Trade Smart Online 0.00325% 0.0035% 0.07% 0.004% Rs. 400 Rs.15 within DP Rs.25 Outside DP Rs 25

 

Platforms

COMPANY  Software Web/HTML 5 Mobile
IDBI Capital yes yes yes
RKSV Securities yes yes yes
Trade Smart Online yes yes yes

 

Charting & Reporting

Company Intraday End of Day Coding/Backtesting Online Trade Reports Online PNL Reports Online Contract Notes
IDBI Capital 5 years, Extra rental fees for trading software 5 years, Extra rental fees for trading software No Yes Yes Yes
RKSV Securities 22 days 10 years No Yes Yes yes
Trade Smart Online 5 days on NOW 10 days on NOW No Yes Yes yes

 

Margins(Leverage Provided)

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
IDBI Capital Upto 10 times Intraday, 0 for Delivery No Leverage No Leverage NA NA NA
RKSV Securities Up to 20 times for intraday, 0 for delivery Up to 4 times intraday leverage Buying no leverage, Shorting up to 4 times leverage intraday Upto 4 times for intraday Buying no leverage, Shorting up to 4 times intraday leverage Freedom Plan, Pro Plan, ultimate brokerage.
Trade Smart Online Up to 5 times for intraday, 0 for delivery Up to 2 times intraday leverage No Margin Up to 2 times for intraday No Margin No Margin

 

Support & Tools

Company  Research & Tips  Brokerage Calculator Margin Calculator Bracket orders & Trailing Stoploss Training & Education
IDBI Capital Yes No No No No
RKSV Securities No Yes Yes Yes Yes
Trade Smart Online Yes No No No Yes

 

Convenience

COMPANY  3 in 1 Account Instant Fund withdrawal Relationship Managers
IDBI Capital Yes Yes Yes
RKSV Securities No No No
Trade Smart Online Yes No Yes