Extra charges in RKSV (Attn all)

[mastermind007]

Re: Extra charges in RKSV (Attn all) / Worst service

I have recently started trading with RKSV and am surprised to find various extra charges which I have shell out as compared to my old broker. After all these discount brokers are NOT that discount.

I think it actually doesnt make sense for short term investors to shift to these discount brokers. For eg. considering average ticket size of Rs 25000 / script for short term investor, RKSV is actually costly as compared to my old broker.

Also there are some debits in my ledger whose clarification RKSV is not able to provide satisfactorily to me and is making me sceptic with all these.

Below is my calculation.

One should never open a Demat account with Discount broker which means that one can never take any delivery. For investment purposes, go with a blue-blooded broker such as Sharekhan etc... Discount broker accounts are only good for trading Intraday and F&O positions.

Idea is not to buy/sell every day so relatively higher brokerage becomes a non-issue