RK Global Charges – Find Brokerage Charges, Account Opening Charges & more

Although we’ve reviewed the various aspects of the company, we never really took a deep dive into the RK Global Charges segment. That’s why we’ve curated this article to help you understand the same. So, you may expect to find RK Global Brokerage charges.

RK Global is a 21 year old full service broker out of New Delhi. It isn’t the largest brokerage house in India. It is definitely not the oldest in this industry. This stock broker does not provide the cheapest services trying to compete. However, there’s absolutely no doubt that it is the fastest growing company in this sector.

You may expect to learn about company’s brokerage system in this article. It’s definitely not wrong to expect a brief on the company’s tax imposing ways.

RK Global Brokerage Charges

The table below has representations for RK Global brokerage plans. You may even read through the explanation under the table for better insight.

RK Global brokerage charges have changed dramatically over the past few years. The company now tends to behave more like a discount broker instead of a full service broker. It can be easily understood by the way it charges its clients.

It typically levies a charge of Rs.9 per executed order for most of its services. In fact, all the services related to Commodity, Currency Options, Currency Futures, Equity Options, Equity Futures, Equity Intraday and Equity Delivery Trading are clubbed under this system.

The company even has a policy that requires the minimum brokerage per order to be worth Rs.9. It charges RS.250 per annum for Demat AMC. However, no specific charges are imposed for Trading AMC. Moreover, the clients get to enjoy their trade exposure schemes without having to maintain their Margin Money balance at a minimum limit.

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RK Global Account Opening Charges

You can see the table below right? Take a proper look at it and you’ll find everything you’re looking for in terms of RK Global Account Opening Charges.

We’ve already mention a thing or two about RK Global Trading charges in the previous section. However, we’ll elaborate the charges in this particular section. So, you can see within the table that RK Global does not charge for a new Trading Account. In fact, it does not even charge for its AMC.

However, as a client you must pay Rs.200 for getting hands on one of their Demat Accounts. RK Global AMC charges for the same are to be paid at Rs.250 a year. Nonetheless, you do not need to worry about maintaining any Margin Money balance either.

Find Account Opening Charges of other Stock Brokers

RK Global Transaction Charges

RK Global Transaction Charges refer to the charge one pays after every transaction with the company. These charges do not concern whether you’re buying or selling stuff. These’re levied every time you commence a transaction using the company’s platforms. The table below tells you about the rate at which these are charged.

RK Global has a very specific rule about charging clients for conducted transactions. RK Global charges 0.00312% over total turnover of the clients. That stands true for all services including Equity Delivery, Equity Futures, Equity Options, Currency Options, Currency Futures, Equity Intraday and even Commodity trading.

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Other Charges As Levied By RK Global

RK Global charges even include the incursion of certain taxes which are mentioned within the table below.

RK Global imposes certain other charges along with its brokerage.These taxes are incurred on the basis of few government established rules. These rules are established by the Central and the State Government likewise. The taxes that fall within the Central Government’s judiciary are the SEBI turnover Charges and STT.

These are charges at 0.0007% and 0.0112% of total turnover generated by the clients. Another tax that has direct connection to the Central Government’s norms is the GST. This is charged at a rate of 18% over the total brokerage and transaction paid by the clients.

The company adds on another charge for Margin Funding at 18% + GST. On the other hand, Stamp Duty is charged basis State Government’s policies. That is why it varies from state to state.

The company even charges a Reactivation Charge worth Rs.55 per segment and an Account Closure charge worth Rs.50 per segment. The last form of charge that the company levies is that for Dematerialization. This one is charged at Rs.60.

RK Global Charges – Conclusion

We have said all there is about RK Global charges. We assure you that we’ve done our job based on proper research. However, if you still have some doubts about RK Global, you may refer to some more articles that we’ve curated about the company.

You may write to us as well within the comments section or perhaps slide into our email regarding your concern about the RK Global Demat Charges.

Open Demat Account with RK Global – Fill up the Form Now!

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