Compare stock brokers
Aasmaa Securities vs. Rk Global
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Aasmaa Securities and Rk Global. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Aasmaa Securities and Rk Global.
Overview
Aasmaa Securities are Rk Global both private companies and Aasmaa Securities operates as a full service Broker, while Rk Global functions as a discount broker. Anand Kumar Jhawar co-founded Aasmaa Securities in 2007. And Rk Global was founded in the year 1999 by Sushil Kumar Dhancholia. Aasmaa Securities's headquarters are in Hyderabad, Andhra Pradesh and Rk Global's headquarters are in New Delhi, Delhi.
Aasmaa Securities operates as a full service Broker, while Rk Global functions as a discount broker. Aasmaa Securities is registered in NA, while Rk Global is registered in BSE, NSE, MCX, NCDEX. The total branches of Aasmaa Securities are Nil and the Rk Global branches are 150.
Overview | Aasmaa Securities | Rk Global |
---|---|---|
Broker Type | Full Service Broker | Discount Broker |
Type of company | Private | Private |
Headquarter | Hyderabad, Andhra Pradesh | New Delhi, Delhi |
Founders | Anand Kumar Jhawar | Sushil Kumar Dhancholia |
Foundation Year | 2007 | 1999 |
Supported Exchanges | NA | BSE, NSE, MCX, NCDEX |
Total branches | Nil | 150 |
Aasmaa Securities and Rk Global Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Aasmaa Securities charging Free and Rk Global charging Rs.200.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Aasmaa Securities Demat account is Rs.250 per Annum and for the Rk Global Demat account is Rs.250 per Annum. The Trading AMC for Aasmaa Securities and Rk Global is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Aasmaa Securities and Rk Global is CDSL.
Account Opening and Demat Charges | Aasmaa Securities | Rk Global |
---|---|---|
Trading Account Opening Charges | Free | Rs.200 |
Demat AMC (Annual Maintenance Charges) | Rs.250 per Annum | Rs.250 per Annum |
Trading AMC (Annual Maintenance Charges) | Free | Free |
Margin Money | Minimum Rs.15,000 | Zero Margin |
Offline to Online Charges | Yes | Yes |
Depository | CDSL & NSDL | CDSL & NSDL |
Aasmaa Securities and Rk Global Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Aasmaa Securities is 0.15% – 0.3%, while Rk Global charges you Rs.9 per Executed Order.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Aasmaa Securities is 0.01% – 0.03% and for Rk Global also, it is Rs.9 per Executed Order.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Aasmaa Securities charge 0.01% – 0.03% and Rk Global charge Rs.9 per Executed Order for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Aasmaa Securities charges Rs.30 – Rs.50 per Lot, and Rk Global charges Rs.9 per Executed Order.
Equity Brokerage Charges | Aasmaa Securities | Rk Global |
---|---|---|
Equity Delivery Brokerage | 0.15% – 0.3% | Rs.9 per Executed Order |
Equity Intraday Brokerage | 0.01% – 0.03% | Rs.9 per Executed Order |
Equity Futures Brokerage | 0.01% – 0.03% | Rs.9 per Executed Order |
Equity Options Brokerage | Rs.30 – Rs.50 per Lot | Rs.9 per Executed Order |
Aasmaa Securities and Rk Global Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Aasmaa Securities is 0.01% – 0.03% and for Rk Global is Rs.9 per Executed Order.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Aasmaa Securities charges Rs.15 – Rs.25 per Lot for currency options, whereas Aasmaa Securities charges Rs.9 per Executed Order.
Currency Brokerage Charges | Aasmaa Securities | Rk Global |
---|---|---|
Currency Futures Brokerage | 0.01% – 0.03% | Rs.9 per Executed Order |
Currency Options Brokerage | Rs.15 – Rs.25 per Lot | Rs.9 per Executed Order |
Aasmaa Securities and Rk Global Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Aasmaa Securities charges NA for commodity trading, while Rk Global charges Rs.9 per Executed Order.
Commodity Brokerage Charges | Aasmaa Securities | Rk Global |
---|---|---|
Commodity Options Brokerage | NA | Rs.9 per Executed Order |
Aasmaa Securities and Rk Global Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Aasmaa Securities levies a minimum brokerage fee of Percentage of Transaction, while Rk Global charges Rs.9 brokerage fee.
Transaction Brokerage Charges: Aasmaa Securities levies a transaction brokerage charge of 0.00255%, while Rk Global charges 0.00312% of Total Turnover.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Aasmaa Securities is 0.0002% of Total Turnover and for Aasmaa Securities is 0.0007% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Aasmaa Securities are 0.0126% of selling value, while for Rk Global, they are 0.0112% of selling value.
Call and Trade Charges: This charge varies for different brokers. Aasmaa Securities charges NA and Rk Global charges NA.
Other Brokerage Charges | Aasmaa Securities | Rk Global |
---|---|---|
Minimum Brokerage Charges | Percentage of Transaction | Rs.9 | Transaction Brokerage Charges | 0.00255% | 0.00312% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0007% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of selling value | 0.0112% of selling value | Call and Trade Charges | NA | NA |
Aasmaa Securities and Rk Global Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Aasmaa Securities is up to Upto 2x and by Rk Global it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Aasmaa Securities is up to Upto 5x and by Rk Global it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by Aasmaa Securities is up to Upto 2x and by Rk Global it is up to Upto 3x.
Equity Options: Leverage for Equity Options by Aasmaa Securities is up to Upto 5x and by Rk Global also, it is up to Upto 3x.
Equity Leverage | Aasmaa Securities | Rk Global |
---|---|---|
Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 5x | Upto 5x | Equity Futures | Upto 2x | Upto 3x | Equity Options | Upto 5x | Upto 3x |
Aasmaa Securities and Rk Global Currency Leverage
The currency futures leverage provided by Aasmaa Securities is up to Upto 2x, while for Rk Global it is up to Upto 2x.
The currency options leverage provided by Aasmaa Securities is up to Upto 3x, while for Rk Global it is up to Upto 2x.
Currency Leverage | Aasmaa Securities | Rk Global |
---|---|---|
Currency Futures | Upto 2x | Upto 2x | Currency Options | Upto 3x | Upto 2x |
Aasmaa Securities and Rk Global Commodity Leverage
The commodity leverage provided by Aasmaa Securities is up to Upto 2x, while for Rk Global it is up to Upto 2x.
Commodity Leverage | Aasmaa Securities | Rk Global |
---|---|---|
Commodity | Upto 2x | Upto 2x |
Aasmaa Securities and Rk Global Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
Offers | Aasmaa Securities | Rk Global |
---|---|---|
Free Stock Trading Account | Yes | Yes | Free Demat Account | No | No | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | Yes | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Aasmaa Securities and Rk Global Features
Equity Trading: Aasmaa Securities and Rk Global brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Aasmaa Securities and Rk Global also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Aasmaa Securities and Rk Global broker is that you can also invest in IPOs. Aasmaa Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Aasmaa Securities offers trading exposure of up to Upto 5x, while Rk Global gives up to Upto 5x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Aasmaa Securities and Rk Global, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Aasmaa Securities and Rk Global also allow you to trade in forex trading.
Features | Aasmaa Securities | Rk Global |
---|---|---|
Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
Trading Institution | No | No | Trading Exposure | Upto 5x | Upto 5x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | Yes |
Aasmaa Securities and Rk Global Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Aasmaa Securities and Rk Global offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
Advisory Services | Aasmaa Securities | Rk Global |
---|---|---|
Fundamental Reports | No | No |
Research Reports | No | No |
Company Reports | No | No |
Annual Reports | No | No |
Company Stock Review | No | No |
Free Stock Tips | Yes | Yes |
IPO Reports | Yes | No |
Top Picks | Yes | No |
Daily Market Review | Yes | Yes |
Monthly Reports | Yes | Yes |
Weekly reports | Yes | Yes |
Offline Advisory | Yes | No |
Relationship Manager | Yes | No |
Aasmaa Securities and Rk Global Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Aasmaa Securities and Rk Global offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
Desktop Trading Platforms | Aasmaa Securities | Rk Global |
---|---|---|
Windows | Yes | Yes |
Mac | Yes | Yes |
Desktop Browser | No | Yes |
Aasmaa Securities and Rk Global Mobile Trading Platforms
Aasmaa Securities and Rk Global offer you mobile trading platforms which can be used in iOS and Android applications.
Mobile Trading Platforms | Aasmaa Securities | Rk Global |
---|---|---|
Mobile Browser | No | No |
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows App | No | No |
Other mobile os | No | No |
Aasmaa Securities and Rk Global Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Aasmaa Securities and Rk Global give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
Customer Support Features | Aasmaa Securities | Rk Global |
---|---|---|
Relationship Manager | No | No |
Offline Trading | Yes | No |
Online Trading | Yes | Yes |
24 * 7 Support | No | No |
Email Support | Yes | Yes |
Chat Support | No | No |
Toll free number | No | No |
Support Branches | 119 | 0 |
Aasmaa Securities and Rk Global Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Aasmaa Securities and Rk Global registered and resolved complaints.
For Aasmaa Securities, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Rk Global, the Percentage of resolved BSE complaints is 88.57 % and the Percentage of resolved NSE complaints is 95.83 %.
We can say that Aasmaa Securities is better than Rk Global in case of resolving customer complaints.
BSE Complaints | Aasmaa Securities | Rk Global |
---|---|---|
BSE Complaints | 2 | 35 |
BSE Resolved Complaints | 2 | 31 |
Percentage of resolved BSE complaints | 100.00 % | 88.57 % |
NSE Complaints | 3 | 48 |
NSE Resolved Complaints | 3 | 46 |
Percentage of resolved NSE complaints | 100.00 % | 95.83 % |
BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 92.20 % |
Frequently Asked Questions
Is Aasmaa Securities better than Rk Global?
Aasmaa Securities is a full service broker and Rk Global is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Rk Global better than Aasmaa Securities?
Rk Global is a discount broker and Aasmaa Securities is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Aasmaa Securities and Rk Global?
Being a full-service broker, Aasmaa Securities tends to have higher brokerage charges, while Rk Global, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Aasmaa Securities and Rk Global?
To figure out which of the two stockbrokers, Aasmaa Securities and Rk Global, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Aasmaa Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Aasmaa Securities with other brokerage firms.
Compare Rk Global with other stock brokers
Visit the following pages to see a detailed comparision report of Rk Global with other brokerage firms.