RK Global Vs Trade Plus Online – Share Brokers Comparison
RK Global Vs Trade Plus Online
Here is a point by point comparison of RK Global Vs Trade Plus Online. 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. TradePlus Online is a discount broker and started as an Equity broker with NSE in 1995 and with BSE recently in 2010. It has a unique pricing model where it charges a fixed monthly fees for unlimited trading on trading segments including Currency, Options and Commodity. They are one of their own kind when it comes to using Social Media as they use Twitter to handle clients’ issues keeping TAT pretty quick and customer satisfaction high.
Discount brokers such as Trade Plus Online or RK Global 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 Trade Plus Online 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
R K Global Review | Trade Plus Online Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1995 | 1995 |
Number of branches across India | 150 | 300 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹199 |
Trading Account Annual Maintenance Charges | ₹0 | ₹499 (for 5 years) |
Demat Account Opening Charges | ₹50 | ₹0 |
Demat Account Annual Maintenance Charges | ₹250, First year Free | ₹0 |
Transaction Charges | RK Global Transaction Charges | TradePlus Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.1% |
Intraday Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.01% |
Equity Futures | ₹9 per executed order or ₹999 per month for unlimited trading | ₹799 per month for Unlimited trading or 0.01% whichever is lower |
Equity Options | ₹9 per executed order or ₹999 per month for unlimited trading | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Currency Futures | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Currency Options | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Commodity | ₹9 per executed order or ₹999 per month for unlimited trading | ₹99 per month for Unlimited trading or 0.01% whichever is lower |
Brokerage Calculator | RK Global Brokerage Calculator | TradePlus Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 8 to 10 times for Intraday, no leverage for Delivery | 4 times for Delivery on Shares when VAR margin is less than 20% |
Equity Futures | 5 times for Intraday | NA |
Equity Options | 5 times for Intraday | Upto 2 times for Intraday |
Currency Futures | Upto 3 times | NA |
Currency Options | Upto 3 times | Upto 2 times for Intraday |
Commodities | 5 times for Intraday | Upto 2 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) | RKG DIET ODIN, RKG MOBILE TRADING | Nest On Web, Infini Trader, TradPlus Mobile |
Total BSE+NSE Complaints | 23 | 140 |
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 Trade Plus Online for the benefits of other readers. Please feel free to share in the comments below.
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