IFCI Financial Services Vs RKSV Securities Vs Trade Smart Online

IFCI Financial Services Vs RKSV Securities Vs Trade Smart Online


Background

Company Year of Incorporationcontact No.Exchanges enabledDemat (NSDL/CDSL)
IFCI Financial Services19951800 425 1117 FREENSE, BSE, MCX-SX, MCX & NCDEXNSDL, 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
IFCI Financial ServicesRs 20.2 CroresRs 96.3 LakhsDetails not available yetNA
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
IFCI Financial ServicesRs 7.62 CroresNILDetails not available yetNA
RKSV Securities00Rs 1.38 Crores0
Trade Smart OnlineRs 8.7 LakhsRs 6 LakhsRs 3.05 CroresNA

 

COMPANYProfit to Equity(%) FY11/12Profit to Equity(%) FY12/13Profit to Equity(%) FY13/14Profit to Equity(%) FY 14/15
IFCI Financial Services40.241.23Details not available yetNA
RKSV Securities(3.48)5.10(13.73)NA
Trade Smart OnlineRs 304 CroresRs 296.15 CroresNANA

 

COMPANY Balance Sheet Size FY11/12 Balance Sheet Size FY12/13 Balance Sheet SizeFY13/14 Balance Sheet Size FY 14/15
IFCI Financial ServicesRs 108 CroresRs 103 CroresDetails not available yetNA
RKSV SecuritiesRs 6.2 CroresRs 15.1 CroresRs 27.9 CroresNA
Trade Smart OnlineRs 9.26 CroresRs 9.28 CroresRs 22.35 CroresNA

 

Brokerage

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
IFCI Financial Services0.03% for Intrday, 0.3% for Delivery0.03% of TurnoverRs 50/lot0.03% of TurnoverRs 50/lot0.03% of Turnover
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
IFCI Financial ServicesNARs 250Rs 400
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
IFCI Financial Services0.00325% of Turnover0.005% of Turnover0.065% of Premium Turnover0.005% of TurnoverRs 300/yearRs 15 or 0.01% whichever higher per debit transactionRs 15
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
IFCI Financial Servicesyesyesyes
RKSV Securitiesyesyesyes
Trade Smart Onlineyesyesyes

 

Charting & Reporting

CompanyIntradayEnd of DayCoding/BacktestingOnline Trade ReportsOnline PNL ReportsOnline Contract Notes
IFCI Financial Services5 days on ODIN5 years on ODINNoYesYesYes
RKSV Securities22 days10 yearsNoYesYesyes
Trade Smart Online5 days on NOW10 days on NOWNoYesYesyes

 

Margins(Leverage Provided)

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
IFCI Financial ServicesUpto 15 times Intraday, 2 times for DeliveryNo LeverageNo LeverageNo LeverageNo LeverageUpto  2 times for Delivery
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
IFCI Financial ServicesYesNoNoNoYes
RKSV SecuritiesNoYesYesYesYes
Trade Smart OnlineYesNoNoNoYes

 

Convenience

COMPANY 3 in 1 AccountInstant Fund withdrawalRelationship Managers
IFCI Financial ServicesNoYesYes
RKSV SecuritiesNoNoNo
Trade Smart OnlineYesNoYes