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RK Global Vs AxisDirect
| | Broker Comparison, Trading | No Comments
RK Global Vs AxisDirect is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between RK Global Vs AxisDirect so that you get a 360-degree view about which broker to go ahead with.
RK Global Vs AxisDirect Comparison
Here is a point by point comparison of RK Global Vs AxisDirect. Started in the year 1995 in the equity markets, RK Global opened out to other segments by 2004 with PAN India presence.
By 2006, RK Global was already offering e-trading options with unlimited trading plans. Now, as a discount stock broker, they have a huge presence across 24 states and 150+ locations in India.
Axis Direct is the stockbroking arm of Axis Bank and has coverage in 70+ cities of the country. The broker has developed its own trading platforms and allows its clients to trade across multiple financial segments through them.
It also provides 3 in 1 demat account as a huge convenience.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service.
Full-service brokers such as AxisDirect will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between RK Global Vs AxisDirect to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
RK Global Vs AxisDirect Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| R K Global Review | Axis Direct Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1995 | 2006 |
| Number of branches across India | 150 | 73 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MSEI and MCX-SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹999 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹50 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹250, First year Free | ₹650 |
| Transaction Charges | RK Global Transaction Charges | Axis Direct Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.5% |
| Intraday Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.05% |
| Equity Futures | ₹9 per executed order or ₹999 per month for unlimited trading | 0.05% |
| Equity Options | ₹9 per executed order or ₹999 per month for unlimited trading | ₹100 per lot |
| Currency Futures | ₹0.99 per lot or ₹999 per month for unlimited trading | 0.05% |
| Currency Options | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹100 per lot |
| Commodity | ₹9 per executed order or ₹999 per month for unlimited trading | NA |
| Brokerage Calculator | RK Global Brokerage Calculator | Axis Direct Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 8 to 10 times for Intraday, no leverage for Delivery | Upto 10 times for Intraday, 0 for Delivery |
| Equity Futures | 5 times for Intraday | No Leverage |
| Equity Options | 5 times for Intraday | No Leverage |
| Currency Futures | Upto 3 times | No Leverage |
| Currency Options | Upto 3 times | No Leverage |
| Commodities | 5 times for Intraday | NA |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | |  |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | RKG DIET ODIN, RKG MOBILE TRADING | Swift Trade, Web Portal, AxisDirect Mobile app |
| Total BSE+NSE Complaints | 23 | 39 |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with RK Global Vs AxisDirect for the benefits of other readers? Please feel free to share in the comments below.
Please feel free to share in the comments below.
Summary
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A Digital Blogger
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Broker Name
RK Global Vs AxisDirect
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