Best discount brokerage firm. Review on RK Global

Rk Global shares and security ltd was founded by Ramesh Kumar Bhagchandka in 1995. In 2000 company entered in retail broker business. It provides many types of services like equities, Derivatives, commodity, currency, Depository, IPO distribution, Mutual fund distribution and consultancy.

RK Global is one the better discount brokerage firm. My trading account in RK global is since last 7 years. I am fully satisfied with their services. Currently am trading in Future, options and equity. I am using 999 plan for both NSE and BSE. I have good things to share about RK Global such as-

There plan for equity cash & derivatives is to good than any other brokerage firm for example they have plans like 999rs unlimited & 9 rs per trade in NSE and BSE cash segment and in derivatives the plan I am using is 9 rs per trade.

Margin provided by RK Global is 6 times in Cash segment, many brokerage firm provide cheap brokerage rate but they not providing margin for all scripts. But RK Global provides margin for each and every scripts.

They provide ODIN software for online trading, in my point of view it is the best software for online trading. You can also do online trading through website and NSE NOW software.

They also provide mobile trading facility for this you just needs to mail customer care for the approval.

I thing I most like is that RK Global shows everything in transparent there is no hidden charges.

Its customer care services is also good.

Draw backs-

1) Terminal what they are providing ODIN software  for online trading is too slow, rate refresh is very slow than other brokerage firm it could suffer you a loss.

2) They charge 250 rs for Odin software and also 100 rs(approx) for web based.

3) For offline trading they charge 25 rs per call which is very high.

4) I thing RK Global is not for small trader who invest 1000 to 2000 rs per month because 9 rs per execution is to high charge for them.

In my point of I’ll give it to 3.5 star out of 5.