Compare Way2wealth
Way2wealth
RKSV
RKSV

Background

Year of Incorporation 1984 2008 - Retail operations from 2012
Website http://www.way2wealth.com http://www.rksv.in
Phone 1800 425 3690 022-61309999
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL, CDSL NSDL- Partnership with ILFS
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 4.2 Lakhs - Rs 16.17 Lakhs
Profit after Tax FY12/13 Rs 0.87 Lakhs Rs 24 lakhs
Profit after Tax FY13/14 Rs 13.5 Lakhs - Rs 68.7 Lakhs
Profit after Tax FY 14/15 Rs 2.2 Crores - Rs 0.57 Lakhs
Profit after Tax FY 15/16 Rs 20 Lakhs - Rs 4.4 Crores
Profit after Tax FY 16/17 - Rs 9.5 Crores
Profit after Tax FY17/18   Rs 1.8 Crores
Debt FY11/12 Rs 10.4 Crores Nil
Debt FY12/13 Rs 17.2 Crores Nil
Debt FY13/14 Rs 10.8 Crores Rs 1.38 Crores
Debt FY14/15 Rs. 49.7 Crores Rs 1.30 Crores
Debt FY15/16 Rs 56.9 Lakhs Nil
Debt FY 16/17 Nil
Debt FY 17/18   Nil
Profit to Equity(%) FY11/12 0.25 (3.48)
Profit to Equity(%) FY12/13 0.01 5.10
Profit to Equity(%) FY13/14 0.20 (13.73)
Profit to Equity(%) FY14/15 3 0.01
Profit to Equity(%) FY15/16 0.25 (96)
Profit to Equity(%) FY16/17 (38)
Profit to Equity(%) FY17/18   13
Balance Sheet Size FY11/12 Rs 159 Crores Rs 6.2 Crores
Balance Sheet Size FY12/13 Rs 148 Crores Rs 15.1 Crores
Balance Sheet Size FY13/14 Rs 170 Crores Rs 27.9 Crores
Balance Sheet Size FY14/15 Rs 198 Crores Rs 45.9 Crores
Balance Sheet Size FY15/16 Rs 198 Crores Rs 79.4 Crores
Balance Sheet Size FY16/17 Rs 97.03 Crores
Balance Sheet Size FY17/18   Rs 163.8 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 17,266 4,631
Active clients - 2014 17,492 7,372
Active clients - 2015 15,795 10,622
Active clients - 2016 21,994 13,774
Active clients - 2017 28,201 34,853
Active clients - 2018   81,166
Active clients Rating


Brokerage

Equity 0.04% for Intraday, 0.4% for Delivery - Negotiable 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.04% of Turnover - Negotiable Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 50/lot - Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.04% of Turnover - Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 50/lot - Negotiable Rs 20/executed order or 0.01% whichever is lower
Commodity 0.04% of Turnover - Negotiable Rs 20/executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only NA Rs 250
Trading & Demat Rs 350 Rs 460
Commodity Rs 100 Rs 250
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0038% of Turnover 0.0035% on Turnover
Futures 0.0034% of Turnover 0.0021% on Turnover
Options 0.056% of Premium Turnover 0.059% on Premium Turnover
Commodities 0.0035% of Turnover 0.0036% on Turnover
AMC charge Rs 330 Trading: 0, Rs 400/year for Demat
DP Transaction Charge Rs 18/debit instruction Rs 22/debit transaction
Offline order placing Charge Nil Rs 25/order placed on the phone  
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days on NEST 22 days
End of Day 10 years on NEST 10 years
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 6 times for Intraday, 0 for Delivery Upto 20 times for intraday, 0 for delivery
Equity Futures Upto 2 times for Intraday Upto 4 times for intraday
Equity Options No Leverage Buying no leverage, shorting upto 4 times for intraday
Currency Futures Upto 2 times for Intraday Upto 4 times for intraday
Currency Options No Leverage Buying no leverage, shorting upto 4 times for intraday
Commodity Upto 3 times for Intraday Upto 3 times for intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review