R K Global Issues!

[nac]

I am trading with RKG for last one week. I checked contract notes for discrepancy in charges and found discrepancy. I don't know you guys have mentioned here or not. But I haven't seen it. I am trading only in NSE CASH.
I have been trading in Indian market for the last two years. All the time, I was doing day trading in cash segment. I have never ever charged any amount under the head SEBI TAX. I surfed web about this, finding this charges is charged when we trade in derivatives but not in capital market. I don't know why I am getting charged. And Stamp duty, I was paying .002% with other brokers. But now I am paying .00225% in RKG. I am sure statutory levies are same for all the brokers. I wonder why these differences. I calculated the difference amount I am paying to RKG compared with IIFL. For every crore turnover I am paying extra Rs. 27.47/-. (I guess, I am paying lesser than actual in IIFL).

For the clearer picture -

Broker	Turnover	Stamp Duty	SEBI TAX	Total	Difference
RKG	10000000	225	              10	235	35
IIFL	10000000	200	               0	200

Anybody got anything to say regarding these differences. Are you guys checking these things in your contract note?

I sent a mail regarding this. Till date, I ain't got any reply from them. Its been a week.

 

[columbus]

I am trading with RKG for last one week. I checked contract notes for discrepancy in charges and found discrepancy. I don't know you guys have mentioned here or not. But I haven't seen it. I am trading only in NSE CASH.
I have been trading in Indian market for the last two years. All the time, I was doing day trading in cash segment. I have never ever charged any amount under the head SEBI TAX. I surfed web about this, finding this charges is charged when we trade in derivatives but not in capital market. I don't know why I am getting charged. And Stamp duty, I was paying .002% with other brokers. But now I am paying .00225% in RKG. I am sure statutory levies are same for all the brokers. I wonder why these differences. I calculated the difference amount I am paying to RKG compared with IIFL. For every crore turnover I am paying extra Rs. 27.47/-. (I guess, I am paying lesser than actual in IIFL).

For the clearer picture -

Broker	Turnover	Stamp Duty	SEBI TAX	Total	Difference
RKG	10000000	225	              10	235	35
IIFL	10000000	200	               0	200

Anybody got anything to say regarding these differences. Are you guys checking these things in your contract note?

I sent a mail regarding this. Till date, I ain't got any reply from them. Its been a week.

RKG charges hundred rupees for complete transaction (Buy+Sell)
or 50/- for one transaction.

 

[sumosanammain]

Re: Stop loss did not work

xdbdnjsrtfjmsrtyjstykstukstuk

 

[DDK_CHENNAI]

it's true...i highlighted this long back...not only that even turnover charges are quiet high at rkg...check that...

I am trading with RKG for last one week. I checked contract notes for discrepancy in charges and found discrepancy. I don't know you guys have mentioned here or not. But I haven't seen it. I am trading only in NSE CASH.
I have been trading in Indian market for the last two years. All the time, I was doing day trading in cash segment. I have never ever charged any amount under the head SEBI TAX. I surfed web about this, finding this charges is charged when we trade in derivatives but not in capital market. I don't know why I am getting charged. And Stamp duty, I was paying .002% with other brokers. But now I am paying .00225% in RKG. I am sure statutory levies are same for all the brokers. I wonder why these differences. I calculated the difference amount I am paying to RKG compared with IIFL. For every crore turnover I am paying extra Rs. 27.47/-. (I guess, I am paying lesser than actual in IIFL).

For the clearer picture -

Broker	Turnover	Stamp Duty	SEBI TAX	Total	Difference
RKG	10000000	225	              10	235	35
IIFL	10000000	200	               0	200

Anybody got anything to say regarding these differences. Are you guys checking these things in your contract note?

I sent a mail regarding this. Till date, I ain't got any reply from them. Its been a week.

 

[nac]

RKG charges hundred rupees for complete transaction (Buy+Sell)
or 50/- for one transaction.

I don't know about charges and its calculations in derivatives. Thank you for sharing.

 

[whyLately]

Re: Stop loss did not work

hehehehehe

its 5366.....

Of course! 5353.10

And to think that I probably repeated the same mistake again today.

 

[dsp777]

rkg odin only 15 scripts live any other scripts up or down not seen

 

[niftylover]

no dear i m using more than 15 scrips in rkg odin and works properly.i think no one can watch more than 5 scrips at a time properly.

 

[gb333]

I am thinking to open and online trading account with RK Globle. I have a online Trading account with SBI's Eztrade(Mosl) and also have online bank a/c and Demat a/c with SBI. Now I just want to trade in NSE deriaviives segment as there brokarage is low (9/lot). I just want to know that can I transfer or withdraw funds to the broker's account from my onlibe SBI account or I have to open a new account with other bank to make such online transfer of funds. Kindly help me out. I am interested in their web base online trading. Is it good. And how much they need to open account initially ?

 

[brlugade]

Hi,
I want to open A/c with RK Global. I have que. -- 1. Can i Short Sell Call Option
2. Margin require to Sell a call option