Zerodha Vs RKSV Securities Vs Networth Direct
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 |
| Networth Direct | 1994 | 1800 220 223 | NSE, BSE, MCX-SX, & MCX | NSDL, CDSL |
Financial Health
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 |
| Networth Direct | 0.5%/0.05% to 0.1%/0.01% – Reduces based on Upfront Brokerage Scheme for delivery/Intraday | 0.05% to 0.01% – Reduces based on Upfront Brokerage Scheme | Rs 100 to Rs 25/lot – Reduces based on Upfront Brokerage Scheme | 0.03% to 0.01% – Reduces based on Upfront Brokerage Scheme | Rs 50 to Rs 20/lot – Reduces based on Upfront Brokerage Scheme | 0.05% to 0.01% – Reduces based on Upfront Brokerage Scheme |
Account Opening Costs
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 |
| Networth Direct | 0.00325% of Turnover | 0.0025% of Turnover | 0.065% of Turnover | 0.003% of Turnover | Rs 400 | Rs 25/debit Instruction | NIL |
Platforms
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 |
| Networth Direct | 10 Days on Fast Trade | 5 Years on Fast Trade | No | No | No | No |
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. |
| Networth Direct | Intraday upto 15 times, 3 times for delivery @ Interest | Upto 3 times for Intraday | No leverage for buying, Upto 3 times for Shorting Intraday | Upto 2 times for Intraday | No Leverage | Upto 3 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 |
| Networth Direct | Yes | No | No | No | Yes |