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RK Global Vs Upstox – Share Brokers Comparison
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RK Global Vs Upstox
Here is a point by point comparison of RK Global Vs Upstox. 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.
Upstox (also known as RKSV) is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
Discount brokers such as RK Global or Upstox 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 Upstox 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 | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1995 | 2012 |
| Number of branches across India | 150 | 3 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹50 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹250, First year Free | ₹150 |
| Transaction Charges | RK Global Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | ₹0 |
| Intraday Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | ₹20 per executed order |
| Equity Futures | ₹9 per executed order or ₹999 per month for unlimited trading | ₹20 per executed order |
| Equity Options | ₹9 per executed order or ₹999 per month for unlimited trading | ₹20 per executed order |
| Currency Futures | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹20 per executed order |
| Currency Options | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹20 per executed order |
| Commodity | ₹9 per executed order or ₹999 per month for unlimited trading | ₹20 per executed order |
| Brokerage Calculator | RK Global Brokerage Calculator | Upstox Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 8 to 10 times for Intraday, no leverage for Delivery | Upto 20 times Intraday |
| Equity Futures | 5 times for Intraday | Upto 4 times for Intraday |
| Equity Options | 5 times for Intraday | Upto 4 times for Intraday |
| Currency Futures | Upto 3 times | Upto 4 times for Intraday |
| Currency Options | Upto 3 times | Upto 4 times for Intraday |
| Commodities | 5 times for Intraday | Upto 3 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, Upstox, Upstox Pro |
| Total BSE+NSE Complaints in 2016 | 0.05% | 0.12% |
| 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 Upstox for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Broker Name
RK Global Vs Upstox
Overall Rating
