Zerodha Vs RKSV Securities Vs Money Palm

Zerodha Vs RKSV Securities Vs Money Palm

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
Money Palm	2012 as Moneypalm Securities pvt ltd	8010144000	NSE, BSE, MCX	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
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
Money Palm	NA	Rs 14.13 Lakhs	Rs 10.7 Lakhs	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
Money Palm	NA	Rs 7.7 Crores	Rs 3.2 Crores	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
Money Palm	NA	(31.1)	(21.8)	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
Money Palm	NA	Rs 12.61 Crores	Rs 9.99 Crores	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
Money Palm	Rs 15/executed order or 0.01% (intraday) or 0.1%(delivery) whichever is lower	Rs 15/executed order or 0.01% whichever is lower	Rs 15/executed order or 0.01% whichever is lower	Rs 15/executed order or 0.01% whichever is lower	Rs 15/executed order or 0.01% whichever is lower	Rs 15/executed order or 0.01% whichever is lower

Account Opening Costs

COMPANY	Trading only	Trading & Demat	Commodity
Zerodha	Free	Free	Free
RKSV Securities	Rs 250	Rs 460	Rs 250
Money Palm	Rs 200	Rs 300	Rs 200

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
Money Palm	0.0035% of turnover	0.0027% of turnover	0.08% of Turnover	0.0025% of turnover	NIL	Rs 10 per debit transaction	RS 20

Platforms

COMPANY	Software	Web/HTML 5	Mobile
Zerodha	yes	yes	no
RKSV Securities	yes	yes	no
Money Palm	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
Money Palm	5 days on NEST	5 years	No	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.
Money Palm	Upto 10 times for intraday	Upto 2 times for Intraday	Buying no leverage, Shorting upto 2 times for intraday	Upto 2 times for Intraday	Buying no leverage, Shorting upto 2 times for intraday	Upto 2 times for Intraday

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
Money Palm	Yes	Yes	No	No	Yes

Convenience

COMPANY	3 in 1 Account	Instant Fund withdrawal	Relationship Managers
Zerodha	No	No	Yes
RKSV Securities	No	No	Yes
Money Palm	No	No	No