RK Global Vs Networth Direct – Share Brokers Comparison
RK Global Vs Networth Direct
Here is a point by point comparison of RK Global Vs Networth Direct. 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.Ā Networth Direct (earlier called Monarch Networth) is a full service stock broker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality. Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such asĀ Networth Direct will help you, spoon feed you, hand hold 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 Networth 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
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
Networth Direct Review | R K Global Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1995 | 1995 |
Number of branches across India | 325 | 150 |
Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹0 | ā¹0 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Demat Account Opening Charges | ā¹0 | ā¹50 |
Demat Account Annual Maintenance Charges | ā¹400 | ā¹250, First year Free |
Transaction Charges | Monarch Networth Transaction Charges | RK Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% to 0.1% | ā¹9 per executed order or ā¹999 per month for unlimited trading |
Intraday Delivery | 0.05% to 0.03% | ā¹9 per executed order or ā¹999 per month for unlimited trading |
Equity Futures | 0.05% to 0.03% | ā¹9 per executed order or ā¹999 per month for unlimited trading |
Equity Options | ā¹60 to ā¹25 per lot | ā¹9 per executed order or ā¹999 per month for unlimited trading |
Currency Futures | 0.05% to 0.03% | ā¹0.99 per lot or ā¹999 per month for unlimited trading |
Currency Options | ā¹60 to ā¹25 per lot | ā¹0.99 per lot or ā¹999 per month for unlimited trading |
Commodity | 0.05% to 0.03% | ā¹9 per executed order or ā¹999 per month for unlimited trading |
Brokerage Calculator | Networth Capital Brokerage Calculator | RK Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 8 to 10 times for Intraday, no leverage for Delivery |
Equity Futures | Upto 3 times Intraday | 5 times for Intraday |
Equity Options | No Leverage | 5 times for Intraday |
Currency Futures | Upto 2 times Intraday | Upto 3 times |
Currency Options | No Leverage | Upto 3 times |
Commodities | Upto 3 times 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) | MNCL Mobile, N-Easy, N-Swift | RKG DIET ODIN, RKG MOBILE TRADING |
Total BSE+NSE Complaints %age | 0.07% | 0.05% |
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 Networth Direct for the benefits of other readers. Please feel free to share in the comments below.
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