Zerodha Vs RKSV Securities Vs Networth Direct

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

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
Networth Direct	Rs 43.05 Lakhs	Rs 27.25 Lakhs	Details not available yet	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
Networth Direct	NA	NA	Details not available yet	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
Networth Direct	27.09	(10.45)	Details not available yet	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
Networth Direct	Rs 8.35 Crores	Rs 6.12 Crores	Details not available yet	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
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

COMPANY	Trading only	Trading & Demat	Commodity
Zerodha	Free	Free	Free
RKSV Securities	Rs 250	Rs 460	Rs 250
Networth Direct	Rs 150	Rs 300	Rs 150

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

COMPANY	Software	Web/HTML 5	Mobile
Zerodha	yes	yes	no
RKSV Securities	yes	yes	no
Networth Direct	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
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

Convenience

COMPANY	3 in 1 Account	Instant Fund withdrawal	Relationship Managers
Zerodha	No	No	Yes
RKSV Securities	No	No	Yes
Networth Direct	No	No	Yes