In comparison, traditional brokers such as ICICI Securities Ltd. and HDFC Securities Ltd. saw meager additions.
Understanding RKSV Securities: A Discount Broker for Indian Investors
RKSV Securities, also known as Upstox, is a prominent online discount broker in India, offering a range of services to retail traders and investors. Established in 2009, the company has gained significant traction in the Indian market due to its competitive brokerage plans and user-friendly trading platforms.
Key Features of RKSV Securities:
- Discount Brokerage: RKSV offers highly competitive brokerage plans, making it an attractive option for cost-conscious traders. Their plans include flat fees per trade, regardless of the order size, making it ideal for both small and large investors.
- Online Trading Platforms: RKSV provides access to advanced and user-friendly trading platforms, including mobile apps and web-based interfaces. These platforms offer real-time market data, charting tools, and advanced order types, catering to the needs of both beginners and experienced traders.
- Wide Range of Products: RKSV offers trading in various financial instruments, including equities, derivatives, mutual funds, and initial public offerings (IPOs). This allows investors to diversify their portfolios and access a wide range of investment opportunities.
- Research and Education: RKSV provides its clients with access to research reports, market analysis, and educational resources to help them make informed investment decisions.
Safety and Reliability of RKSV Securities:
RKSV Securities is a registered member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and other regulatory bodies in India. This ensures that the company adheres to strict regulatory guidelines and operates with transparency. Additionally, RKSV is a depository participant with the Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL) ensuring the safekeeping of client securities.
Customer Support:
RKSV provides dedicated customer support through various channels including phone, email and live chat. Their support team is available to assist clients with account-related queries, trading issues, and technical assistance.
Comparison with Other Brokers:
RKSV stands out among other discount brokers in India due to its competitive brokerage plans, user-friendly platforms, and comprehensive range of services. However, it’s essential to compare different brokers based on individual needs and trading styles.
RKSV Securities is a reliable and cost-effective option for Indian investors seeking a discount broker with advanced trading platforms and a wide range of products. Its focus on transparency, safety, and customer support makes it a trusted choice for both beginners and experienced traders.
In comparison, traditional brokers such as ICICI Securities Ltd. and HDFC Securities Ltd. saw meager additions.
RKSV is a Mumbai based discount stock broker. RKSV started offering online stock trading services in May 2009. RKSV has attracted thousands of traders in recent years by providing India Stock Market investors with a variety of affordable brokerage plans.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
As of March 2013, RKSV employed over 60 people and maintained a branch in New Delhi.
By examining the savings in brokerage with them (60-80% of total savings on brokerage), many traders fear they could be con artists. But thats not true. RKSV is a reputable broker that has been operating since 2009.
RKSV is just as reliable and secure as any other Indian broker. e. ICICI Direct or Sharekhan. They have BSE and SEBI registrations. RKSV is authority broker of NSE and BSE.
Success story of Upstox | RKSV | TOP BROKERS OF INDIA
FAQ
Is RKSV trustworthy?
Is Rksv and Upstox same?
What is the new name of RKSV?
Who owns RKSV Securities?
Who is RKSV Securities India Private Limited?
RKSV Securities India Private Limited, doing business as Upstox, operates as an online broking company. The Company offers mutual funds, stock, and initial publick offering (IPO) trading, as well as investment consulting services. Upstox serves customers in India. Help ©2024 Bloomberg L.P. All Rights Reserved.
Who is RKSV?
RKSV is a retail brokerage firm for securities and commodities headquartered in Mumbai, India. We help retail traders shave off their brokerage costs by providing online trading software (mobile and web) for free, and a low cost brokerage plan. Our core values revolve around great software, low pricing, and responsive support.
Who started RKSV securities?
The founders Mr. Ravi Kumar, Mr. Raghu Kumar, and Mr. Shrinivas Vishwanath started RKSV Securities in 2009, right amid the global financial crisis. Before RKSV, Raghu, and Ravi had started a proprietary firm in the US where they made huge money in just two years however, they lost all the money during the market crash in 2008.
Is RKSV securities the same as upstox?
Upstox is a brand of RKSV Securities for retail broking business. They are the same. RKSV Securities started offering retail broking services in early 2012 under the brand name RKSV. In May 2016, the company rebranded its services to Upstox. Who is the owner of RKSV securities? Ravi Kumar – Cofounder – RKSV | LinkedIn. Who is RKSV?