R K Global Issues!

[commontrader]

Hi tonyrajeshw,

RKG does not allow viewing of scripts through the net.net software, they are about to launch the mobile trading. So i believe you can start off with that.

Regards,
Commontrader

 

[commontrader]

Hi Columbus,

Kindly send a mail with your requirement to [email protected]
They shall reply you with all your queries.

Regards,
Commontrader

 

[charts trader]

I'm day trading on RKG for last four years and have seen the company growing through various stages. Once i complained about the 'brash' way their customer service responds. Their director called me and things improved a lot, for me at least. That was four years ago. RKG is part of M2K group.

Before RKG, my first broker was ICICI direct. ICICI is an absolute rip-off for day trading. They are bankers first, brokers last.

Then I had indiabulls. Closed that too because they switched off realtime online help and i could not see my ledger during market hours. Again brokerage was high compared to RKG. Also the need to extract real-time data from Powerbulls became redundant with affordable data services.

I was one of the first customers of Reliance money after depositing Rs. 3200/-. So bad was their customer service and trading interface that i did not trade even once. Whole Rs. 3200/- went down drain.

I've no issues with RKG now for day trading. Along with Fxcentral real time MT4 data for Rs.1660.00 per month and odin as trading platform, i'm crystal on trading. Before Fxcentral i was regular subscriber of eSignal and charting on Ensign Windows.

 

[columbus]

Hi Columbus,

Kindly send a mail with your requirement to [email protected]
They shall reply you with all your queries.

Regards,
Commontrader

I got mail from them ".....visit our website".All the info is available there.
To be frank ,all these information is not furnished there.
Just I want to know ,at the present value ,how much these cost me
intraday and positional.
1.Minifty
2.Nifty
3.BankNifty.

 

[$ashpats$]

I got mail from them ".....visit our website".All the info is available there.
To be frank ,all these information is not furnished there.
Just I want to know ,at the present value ,how much these cost me
intraday and positional.
1.Minifty
2.Nifty
3.BankNifty.

Colombus
There brokerage i.e. Rs.9/- per lot will be same for intraday & positonal. Other charges i.e. stt etc will be as per NSE only. At so low brokerage it will not mind, if u do intrady or positional. Profit margins are good due to so less brokerage. In other brokers case Rs.100/- to 200/- per lot is 10 to 20 times higher.

AshPats :clap::clap:

 

[charts trader]

RKG also charges 329.80 per market segment per month for Odin. Zerodha looks much cheaper for trading multiple lots per order.

 

[vinodmg5]

hi just spoke to rk sub broker and decided to open fno account as rk is reliable brand than zerodha or other less brokerage firms e.g. Bezel.and very excited about account opening.

 

[$ashpats$]

RKG also charges 329.80 per market segment per month for Odin. Zerodha looks much cheaper for trading multiple lots per order.

In case of Futures N Options Segment :
I had opted for Web based version as it give me flexibility to trade from anywhere. Even if I m in Office or Home or outside anywhere I m able to trade. Also charges are less per segment around les than Rs.200/-. You take any option Odin or web base its worth even if that charge. See 330/- per mont is too cheap. If you trade thru other broker who are charging 100 to 200 per lot & if you are doing atleast 10 trades in month your brokerage will go more than Rs. 2000/- whereas in RKG it for 10 trades buy + sell brokerage will be somewhere Rs.200/- + your charges 330/- so the total 530/-. Even after that you are saving 1500/- & if more trades then you will save more.

AshPats :clapping::clap:

 

[charts trader]

In case of Futures N Options Segment :
I had opted for Web based version as it give me flexibility to trade from anywhere. Even if I m in Office or Home or outside anywhere I m able to trade. Also charges are less per segment around les than Rs.200/-. You take any option Odin or web base its worth even if that charge. See 330/- per mont is too cheap. If you trade thru other broker who are charging 100 to 200 per lot & if you are doing atleast 10 trades in month your brokerage will go more than Rs. 2000/- whereas in RKG it for 10 trades buy + sell brokerage will be somewhere Rs.200/- + your charges 330/- so the total 530/-. Even after that you are saving 1500/- & if more trades then you will save more.

AshPats :clapping::clap:

I think it really depends on how one trades. If its multi-lot trade, Jerodha will be cheaper. If trading involves gradual position sizing in and out, Jerodha will be costlier. I'm talking about day trading. I've been with RKG for many years and when their server is down, all their phones lines become like they are off-the-hook-till-server is back. I've been in many situations with open positions and unable to get through their phones (even mobiles). This doesn't happen frequently but does remain as a nagging alert in mind while trading smaller time frames.

Most irritating thing about Odin is that if its window is not top-most for few minutes, you need to put in pass word again.

In October RKG called to try NOW but withdrew it next day. Possibly they would have lost revenue of Odin subscription.

For day trading its not only minimum brokerage but the reliable and lightening fast data are equally critical, imho, especially trading tick charts (scalpers), M5 or M15. I hope since NOW is maintained by NSE and data comes to trader without intervening broker's server, trading scalping time frames will be better.

On RKG yesterday's average per lot NF brokerage and all taxes were Rs. 105.24 (both sides).

 

[comm4300]

I'm talking about day trading. I've been with RKG for many years and when their server is down, all their phones lines become like they are off-the-hook-till-server is back. I've been in many situations with open positions and unable to get through their phones (even mobiles). This doesn't happen frequently but does remain as a nagging alert in mind while trading smaller time frames.

Same exp. here....

Most irritating thing about Odin is that if its window is not top-most for few minutes, you need to put in pass word again.

i think you can change the setting in preference by unchecking the autolock workspace option.

see image...