RK Global Vs My Value Trade – Share Brokers Comparison
RK Global Vs My Value Trade
Here is a point by point comparison of RK Global Vs My Value Trade. Started in the year 1995 in the quity 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. My Value Trade has been an oldie in Discount Broking in India and was launched back in 1985. My Value Trade has a reasonable amount of customer base and charges pretty low transaction charges.
Discount brokers such as RK Global or My Value Trade offer trading services at much cheaper brokerage rates and reasonable customer service. 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 My Value Trade 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
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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
My Value Trade Review | R K Global Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1985 | 1995 |
Number of branches across India | 1 | 150 |
Exchanges | NSE,BSE,MCX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹400 | ₹0 |
Demat Account Opening Charges | ₹555 | ₹50 |
Demat Account Annual Maintenance Charges | ₹0 | ₹250, First year Free |
Transaction Charges | My Value Trade Transaction Charges | RK Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹10 per executed order | ₹9 per executed order or ₹999 per month for unlimited trading |
Intraday Delivery | ₹10 per executed order | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Futures | ₹10 per executed order | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Options | ₹10 per executed order | ₹9 per executed order or ₹999 per month for unlimited trading |
Currency Futures | ₹10 per executed order | ₹0.99 per lot or ₹999 per month for unlimited trading |
Currency Options | ₹10 per executed order | ₹0.99 per lot or ₹999 per month for unlimited trading |
Commodity | ₹10 per executed order | ₹9 per executed order or ₹999 per month for unlimited trading |
Brokerage Calculator | My Value Trade Brokerage Calculator | RK Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5X Intraday | Upto 8 to 10 times for Intraday, no leverage for Delivery |
Equity Futures | Upto 2X Intraday | 5 times for Intraday |
Equity Options | NA | 5 times for Intraday |
Currency Futures | Upto 2X Intraday | Upto 3 times |
Currency Options | NA | Upto 3 times |
Commodities | Upto 2X Intraday | 5 times for Intraday |
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) | MVT Trader, MVT Classic, MVT Mobile | RKG DIET ODIN, RKG MOBILE TRADING |
Total BSE+NSE Complaints | 25 | 23 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with RK Global Vs My Value Trade for the benefits of other readers. Please feel free to share in the comments below.
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