RK Global Vs Shriram Insight – Share Brokers Comparison
RK Global Vs Shriram Insight
Here is a point by point comparison of RK Global Vs Shriram Insight. 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. Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Shriram Insight 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 Shriram Insight 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
Shriram Insight Review | R K Global Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1974 | 1995 |
Number of branches across India | 700 | 150 |
Exchanges | NSE, BSE, MCX, RCL | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹290 | ₹50 |
Demat Account Annual Maintenance Charges | ₹0 | ₹250, First year Free |
Transaction Charges | Shriram Insights Transaction Charges | RK Global Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | ₹9 per executed order or ₹999 per month for unlimited trading |
Intraday Delivery | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Futures | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Equity Options | ₹50 per contract | ₹9 per executed order or ₹999 per month for unlimited trading |
Currency Futures | 0.03% | ₹0.99 per lot or ₹999 per month for unlimited trading |
Currency Options | ₹50 per contract | ₹0.99 per lot or ₹999 per month for unlimited trading |
Commodity | 0.03% | ₹9 per executed order or ₹999 per month for unlimited trading |
Brokerage Calculator | Shriram Insight Brokerage Calculator | RK Global Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 8 to 10 times for Intraday, no leverage for Delivery |
Equity Futures | Same as margin | 5 times for Intraday |
Equity Options | Same as margin | 5 times for Intraday |
Currency Futures | Same as margin | Upto 3 times |
Currency Options | Same as margin | Upto 3 times |
Commodities | Same as margin | 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) | NetPro Desktop, NetPro Browser, Mobile App | RKG DIET ODIN, RKG MOBILE TRADING |
Total BSE+NSE Complaints Percentage | 0.05% | 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 Shriram Insight for the benefits of other readers. Please feel free to share in the comments below.
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