Zen Securities Vs RKSV Securities Vs Trade Smart Online

Zen Securities Vs RKSV Securities Vs Trade Smart Online


Background

Company Year of Incorporationcontact No.Exchanges enabledDemat (NSDL/CDSL)
Zen Securities1995040-4423 2323NSE, 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
Zen SecuritiesRs 4.14 CroresRs 4.03 CroresRs 6.96 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
Zen SecuritiesNARs 5.32 CroresRs 13.9CroresNA
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
Zen Securities11.327.1112.07NA
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
Zen SecuritiesRs 97.7 CroresRs96.2 CroresRs114.4Crores NA
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
Zen Securities0.05% for Intraday, 0.5% for Delivery – Negotiable0.04% of Turnover – NegotiableRs 70/lot – Negotiable0.04% of Turnover – NegotiableRs 50/lot – Negotiable0.03% of Turnover – Negotiable
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
Zen SecuritiesNARs 500NIL
RKSV SecuritiesAccount opening fee : NIL, DP AMC Rs.900/- for 10 years OR Rs. 500 for 5 yearRs 460Rs 250
Trade Smart OnlineAccount opening – NILRs 975 for 3 in 1 AccountRs 555

 

Transparency & other costs

CompanyEquityFuturesOptionsCommodities AMC charge AMC charge AMC charge
Zen Securities0.004% of Turnover0.0035% of Turnover0.05% of Turnover0.0035% of TurnoverRs 300Rs 50 or 0.05% whichever is higherNIL
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
Zen Securities yesyesYes
RKSV Securities yesyesyes
Trade Smart OnlineNoyesyes

 

Charting & Reporting

CompanyIntradayEnd of DayCoding/BacktestingOnline Trade ReportsOnline PNL ReportsOnline Contract Notes
Zen Securities10days5 yearsNoYesYesYes
RKSV Securities22 days10 yearsNoYesYesyes
Trade Smart Onlineyes10 days on NOWNoYesYesyes

 

Margins(Leverage Provided)

CompanyEquityEquity FuturesEquity OptionsCurrency FuturesCurrency OptionsCommodity
Zen SecuritiesUpto 10 times Intraday, 3 times Delivery @interestUpto 3 times IntradayBuying no Leverage, Shorting upto 3 times IntradayUpto 2 times IntradayBuying no Leverage, Shorting upto 3 times IntradayUpto 3 times Intraday
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
Zen SecuritiesYesNoNoNoYes
RKSV SecuritiesNoYesYesYesYes
Trade Smart OnlineYesNoNoNoYes

 

Convenience

COMPANY 3 in 1 AccountInstant Fund withdrawalRelationship Managers
Zen SecuritiesNoNoYes
RKSV SecuritiesNoNoNo
Trade Smart OnlineYesNoYes