i want to switch to rk global or zerodha.

i am a trader and i want to switch to rk global or zerodha. in geojit brockerage charges are high and iam feeling some bad things relating to btst. so please suggest me that which brocker is best?

Geojit, you can open ur trading account with Zerodha. as a trader this will reduces ur's trading cost and overall NOW platform is far superior than ODIN as provided by RKGlobal. also brok differences between Zerodha and RKGLobal will not be huge provided u trade in large nos in case of fno scrips.

happy trading
sr114

is the charts of zerodha or rkglobal is realtime or delayed? is zerodha better than rkglobal interms of trading platform?

RKglobal :
you'll get ODIN;
you can trade equity, F&O, currency and commodity.
charts are primitive.
brokerage - 9 per lot + monthly software charge per segment (329/-)
customer service - ok. 2/5 star. you usually don't encounter problem, but if you do - good luck solving it soon.

Zerodha:
you'll get NOW; faster than ODIN
you can trade equity, F&O; commodity and currency not yet started.
charts are not there at all; not even upto ODIN level.
brokerage - 20 per executed order. no other commitment.
customer service - best 4/5 star for prompt response and knowledgeable staff.

given the ambitious pipeline that zerodha has, i'd incline towards them.

RKG has a lot of quality to catch up....!

I have been using Zerodha for just two weeks. I found their responses to queries by email were quick and phones were picked up within 3 or 4 rings. The Now software for trading is very user friendly. You are also allowed to directly log on to the web nowonline.in and make the orders.

It is my presumption that since we are directly logging on to NSE to place order or see the quotes no other broker can have less delay than them. But Seniors can probably comment on presumption and educate all of us.

Rs. 20/- per trade ( whatever no of lots ) as brokerage is great for those who deal in big lots. The Taxes are huge( about 7 times the brokerage ) and they are common for all brokers. R.K gives some charting software for approx. Rs.350/- p.m. but since I can hardly use the charts it does not make a difference to me.

In view of the above I will choose Zerodha instead of R.K.Global. Why not take both the brokers and try them both to decide who suits your interest and taste. The cost is minimal like photograph, zerox copies and postage.

Zerodha is way better that RkGlobal.

Go with Zerodha.

Hi All

Zerodha service is excellent both on the mails and on the phone. But the trading software (plaftrom) is causing the real pain.
I opened account with them around a month back. After opening the account doing the trading is the painful job. Since there software supports only IE8 browser only (for their web based trading) and does not support any other browser so you should always make sure it is available this limits to trading only on your system since most browsing center will not have the IE8 and above.

Then their software to trade after download it is the biggest mess after you enter your login details it does not login in immediately and keeps you holding for long so you need lot of patience to login. Often it keeps saying you are already login and again and again you need to keep trying.

Once you login the actual problem starts. None of the features are user friendly if you have used any other trading software it would be really user friendly (i am using indiainfoline).
So all in total if you are planning to trade at particular time make sure you start atleast 15 minutes before to login since by the time you login to do the actual trade it takes this much time and patience.
This is my personal experience if you are not happy with my feed back you can always ignore it.

ZEODHA pays Rs2/ trade for referals.It is for lifetime .So you can bring down effective brokerage of ZEODHA by Rs.2/trade by mentioning your relatives' name as referrer.