RKSV is a Mumbai based discount stock broker. RKSV started offering online stock trading services in May 2009. In recent years RKSV has managed to get thousands of traders on board because they offer multiple budget brokerage plans to India Stock Market investors.
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.
Ravi Kumar - Cofounder - RKSV | LinkedIn.
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.
Being a discount broker; RKSV's brokerage structure is simple and easy. ... Like other online stock trading companies, RKSV provides trading services to buy & sell stocks, futures & options online. RKSV Commodities provides trading services to buy & sell commodities online.
RKSV is as credible and safe as any other brokers in India i.e. ICICI Direct or Sharekhan. They are registered with SEBI, BSE & NSE and regularly audited by them. RKSV is authority broker of NSE and BSE.
Upstox limited is an Indian stock broking company. The company headquarter is in New Delhi, India. The company offers online investments in stocks, derivatives, commodities, currencies, mutual funds and ETFs for both professional traders and investors.
Upstox is now being led by Ravi Kumar (Co-founder & CEO), Kavitha Subramanian (Co-founder) and Shrini Viswanath (Co-founder).
Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata. He held 1.33% stake in the company As of Jan 2020.
Upstox offers priority brokerage plan (at Rs 30 per trade) which has up to 25x leverage on Intraday, Futures & Options. Zerodha has one simple plan for all customers. Zerodha has much stronger focus and investment in technology which results in a better trading platform, trading tools and customer support.
We may refer to RKSV/UPSTOX as "We", "Our", or "Us". RKSV is a member of NSE, BSE, and MCX exchanges, and is registered with the Securities & Exchange Board of India (SEBI) as a stock broker with the SEBI registration numbers as stated below: ... MCX Member Code: 46510 | FMC Regn.
BSE (formerly Bombay Stock Exchange)
We kick-started operations on the 15th of August, 2010 with the goal of breaking all barriers that traders and investors face in India in terms of cost, support, and technology. We named the company Zerodha, a combination of Zero and "Rodha", the Sanskrit word for barrier.
Zerodha Founder and CEO Nithin Kamath regularly takes a dig at some practices of his rival broking firms.
Formerly called RKSV Securities, the firm was founded as a proprietary trading firm in 2008 and entered the retail brokerage space in 2012.
Yes, Upstox is a safe broker. It is a registered member of SEBI, BSE, NSE, MCX and CDSL. The company is regulated by the stock broker regulations. It is audited regularly by the exchanges.
No, Upstox doesn't allow BTST (Buy Today Sell Tomorrow) facility.
Yes, you can transfer your existing shares in another broker's demat to your Zerodha demat account. ... To transfer shares from one demat to another, you need to use the Debit Instruction Slip (DIS) booklet provided by your Stock Broker. Here, you have to enter the names of shares along with their unique ISIN numbers.