List of Stock Brokers Reviews:
RK Global is one of those stockbrokers that have seen a lot of transitions in their business propositions. 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 they have a huge presence in 24 states and 150+ locations in India.
RK Global Review
RK Global, now settled as a discount stockbroker, has its headquarters in Mumbai and offers free equity segment based tips to clients along with offering low brokerage charges, which is kind of rare.
They have memberships with NSE, BSE, MCX and NCDEX and offer the following trading and investing segments to its clients:
- Depository services
- Mutual funds
- NRI Services
Amit Bhagchandka, CEO – RK Global
RK Global Trading Platforms
Here is a quick look at some of the trading platforms offered by this stockbroker:
RKG Diet ODIN
Odin Diet is a conventional trading terminal software that can be downloaded and installed on your desktop or laptop. It is known for its:
- High speed and performance of order placement
- Real-time quotes streaming
- Excel export feature available for real-time technical analysis
- Heatmaps for quick understanding
- Online transfer with 25+ banks available
- Historical charts with more than 60 technical indicators
RKG Mobile Trading
RK Global provides mobile trading through its iWIN application, however, it can be a little cumbersome to use. It comes with the following features:
- Allows to trade across segments
- Provides live streaming of quotes and news
- Integrated market watch list functionality
RK Global currently does not offer any Mobile App to its clients, so be wary of this fact in case you look to trade on your own using a mobile app.
RK Global Pricing
Let’s talk about pricing and see what you will end up paying to this discount stockbroker at different points in time.
RK Global Account Opening Charges
Here are the account opening charges of this discount stockbroker:
RK Global Brokerage
And this is the amount of brokerage you will have to pay to RK Global on your trades across different segments:
Use this RK Global Brokerage Calculator for complete charges and your profit
RK Global Transaction Charges
RK Global Margin
If you are someone who wants to use exposure on your trades, then this is what you will be provided in different trading segments:
At the same time, this needs to be mentioned that usage of exposure or leverage can be risky and can actually eat up your trading deposit. Thus, be aware of the risks and implications of the concept before you start using it.
RK Global Disadvantages
Here are some of the concerns about using the services of this discount stockbroker:
- No mobile app for trading. No plans for the next 1 year either (i.e. for 2017)
- No innovation in web or desktop-based trading platforms
- Low Exposure/Leverage across segments
RK Global Advantages
At the same time, you will get the following benefits if you are a client of this discount stockbroker:
- Multiple trading and investment products available
- Decent customer service
- Reasonable brokerage charges
- Access to tips and recommendations for Equity on Whatsapp and SMS
Interested in opening an Account? Enter Your details here to get a callback!
More on RK Global:
You can check out detailed comparisons of RK Global Vs Other Stockbrokers here: