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RK Global Vs ICICI Direct
| | Broker Comparison, Trading | No Comments
RK Global Vs ICICI Direct comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
RK Global Vs ICICI Direct Comparison
Here is a point by point comparison of RK Global Vs ICICI Direct.
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 in 24 states and 150+ locations in India.
ICICI Direct is a retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is the biggest retail full-service stock broker company in India.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as ICICI Direct 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 ICICI Direct 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 ICICI Direct Details
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 | ICICI Direct Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1995 | 2000 |
| Number of branches across India | 150 | 154 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹700 |
| Demat Account Opening Charges | ₹50 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹250, First year Free | ₹0 |
| Transaction Charges | RK Global Transaction Charges | ICICI Direct Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.55% |
| Intraday Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.275% |
| Equity Futures | ₹9 per executed order or ₹999 per month for unlimited trading | 0.03% to 0.05% |
| Equity Options | ₹9 per executed order or ₹999 per month for unlimited trading | ₹35 to ₹95 per lot |
| Currency Futures | ₹0.99 per lot or ₹999 per month for unlimited trading | 0.03% to 0.05% |
| Currency Options | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹10 to ₹25 per lot |
| Commodity | ₹9 per executed order or ₹999 per month for unlimited trading | NA |
| Calculate Brokerage | RK Global Brokerage Calculator | ICICI Direct Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 8 to 10 times for Intraday, no leverage for Delivery | Intraday upto 25 times & Delivery upto 5 times |
| Equity Futures | 5 times for Intraday | Upto 4 times for intraday |
| Equity Options | 5 times for Intraday | NA |
| Currency Futures | Upto 3 times | NA |
| Currency Options | Upto 3 times | NA |
| 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 | TraderRacer |
| Total BSE+NSE Complaints in 2016 | 23 | 180 |
| OVERALL RATING |  |  |
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 ICICI Direct for the benefits of other readers? Please feel free to share in the comments below.
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RK Global Vs ICICI Direct
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