Zerodha Vs RKSV Securities Vs Interactive Brokers

Zerodha Vs RKSV Securities Vs Interactive Brokers


Background

Company  Year of Incorporation contact No. Exchanges enabled Demat (NSDL/CDSL)
Zerodha 2010  0120-6633205  NSE, BSE, MCX-SX & MCX CDSL
RKSV Securities  2008 – Retail operations from 2012  022-61309999  NSE, BSE & MCX  NSE, BSE, MCX
Interactive Brokers 1977 +91 22 – 61289888/61289836 NSE (plus over 100 market centers across 24 countries). NSDL

 

Financial Health

COMPANY Profit after Tax FY11/12 Profit after Tax FY12/13 PROFIT AFTER TAX FY13/14  Profit after Tax FY 14/15
Zerodha Rs 2.3 Crores Rs 5.8 Crores Rs 10.27 Crores NA
RKSV Securities – Rs 16.17 Lakhs Rs 24 lakhs Rs 68.7 Lakhs NA
Interactive Brokers Rs 104.1 Crores Rs 63.01 Crores NA NA

 

COMPANY Debt FY11/12 Debt FY12/13 Debt FY13/14 Debt FY 14/15
Zerodha 0 0 0 NA
RKSV Securities 0 0 Rs 1.38 Crores 0
Interactive Brokers NA NA NA NA

 

COMPANY Profit to Equity(%) FY11/12 Profit to Equity(%) FY12/13 Profit to Equity(%) FY13/14 Profit to Equity(%) FY 14/15
Zerodha 152 244 147 NA
RKSV Securities (3.48) 5.10 (13.73) NA
Interactive Brokers 14.94 7.29 NA NA

 

COMPANY  Balance Sheet Size FY11/12  Balance Sheet Size FY12/13  Balance Sheet Size  FY13/14  Balance Sheet Size  14/15
Zerodha Rs 25.4 Crores Rs 64.5 Crores Rs 111.1 Crores NA
RKSV Securities Rs 6.2 Crores Rs 15.1 Crores Rs 27.9 Crores NA
Interactive Brokers Rs 908 Crores Rs 977 Crores NA NA

 

Brokerage

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
Zerodha Freedom Plan, Pro Plan, ultimate brokerage. Freedom Plan, Pro Plan, ultimate brokerage. Freedom Plan, Pro Plan, ultimate brokerage. Freedom Plan, Pro Plan, ultimate brokerage. Freedom Plan, Pro Plan, ultimate brokerage. Freedom Plan, Pro Plan, ultimate brokerage.
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
Interactive Brokers 0.05% of the value of the transaction with a minimum of INR 30 per order. Intra-day charge on one side only. Lower Rates available for high volume traders 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders INR 25 per lot per side (Single Stock), INR 15 per lot per side (Index) 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders 0.01% of the value of the transaction. Intra-day charge on one side only. Lower Rates available for high volume traders NA

 

Account Opening Costs

COMPANY Trading only Trading & Demat Commodity
Zerodha Free Free Free
RKSV Securities Rs 250 Rs 460 Rs 250
Interactive Brokers NA USD 5 in INR adjusted against commissions on a monthly basis, waived for the first 3 months and waived for accounts with over USD 100,000 in INR worth of account value NA

 

Transparency & other costs

Company Equity Futures Options Commodities  AMC charge DP Transaction Charge Offline order placing Charge
Zerodha 0.00325% on Turnover 0.0021% on Contract Turnover 0.053% on Premium Turnover 0.0031% on Contract turnover Trading: 0, Demat: Rs 300/year Rs 14 per debit instruction Rs 20 per executed order
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
Interactive Brokers 0.00325% 0.0019 % 0.05% not available NIL NIL Rs 1500/order

 

Platforms

COMPANY  Software Web/HTML 5 Mobile
Zerodha yes yes no
RKSV Securities yes yes no
Interactive Brokers yes yes yes

 

Charting & Reporting

Company Intraday End of Day Coding/Backtesting Online Trade Reports Online PNL Reports Online Contract Notes
Zerodha 365 days on Zerodha Pi 10 years on Zerodha Pi Yes Yes Yes yes
RKSV Securities 22 days 10 years No Yes Yes yes
Interactive Brokers 22 days 1 year yes Yes Yes Yes

 

Margins(Leverage Provided)

Company Equity Equity Futures Equity Options Currency Futures Currency Options Commodity
Zerodha Up to 20 times for intraday, 0 for delivery Up to 7 times intraday leverage Buying no leverage, Shorting up to 7 times leverage intraday 2 times intraday leverage Buying no leverage, Shorting up to 2 times intraday leverage 2.5 times intraday leverage
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.
Interactive Brokers 2 times intraday and overnight leverage Upto 2 times for Intraday Buying 0 & Shorting upto 2 times for Intraday Upto 2 times for Intraday Buying 0 & Shorting upto 2 times for Intraday NA

 

Support & Tools

Company  Research & Tips  Brokerage Calculator Margin Calculator Bracket orders & Trailing Stoploss Training & Education
Zerodha Yes Yes Yes Yes Yes
RKSV Securities No Yes Yes Yes Yes
Interactive Brokers Yes No Yes Yes Yes

 

Convenience

COMPANY  3 in 1 Account Instant Fund withdrawal Relationship Managers
Zerodha No No Yes
RKSV Securities No No Yes
Interactive Brokers No No Yes