Upstox - RKSV - Trade in Rs 20 Max

I had sent an email on 1st April to your sales team to enquire some details, still no reply, why should i open an account then...:annoyed:
Seems odd. Can you PM me your phone or email address? Maybe it got stuck in the spam filter but usually that's only the case if you send multiple (10+) emails in a minute.

Will handle it right away. Sorry for the trouble.
 

suri112000

Well-Known Member
@RKSV,

Year end time.

Time for thinking of Taxation and Tax returns.

Is it possible for RKSV to send financial year statement showing the following details :-

Security Name, Buy Date/Time, Sell Date/Time, Profit/Loss before brokerage, Taxes, Profit/Loss after brokerage, Taxes, Turnover as per the definition of ICAI to determine whether Tax audit is required or not.


Your backoffice P&L statement is not sufficient for the above purpose.
 
Seems odd. Can you PM me your phone or email address? Maybe it got stuck in the spam filter but usually that's only the case if you send multiple (10+) emails in a minute.

Will handle it right away. Sorry for the trouble.
PM not enabled yet :( I'll try send another mail.
 
Tradeplus offers unlimited trading per segment for 99 rupees with the same platform. Where is the end to it? Do u think they can survive?
Hey market oracle,

Donno. Things are going to get cheaper, not more expensive. Brokers don't need thousands of people running around to open and maintain an account. If you have a large war chest, guess you can keep it running for a long time.
 

cloudTrader

Well-Known Member
RKSV is a much better and honest broker than all other discount brokers.

Cheers RKSV!
RKSV didn't reply to your query about reducing their charges.

I can bet that reducing brokerage to competitive rates, even in the form of reducing the per order plan can really increase their business manifold. But somehow they have kept the idea of reducing brokerage at bay.

I don't feel that reducing brokerage will hit their profits and this will also not necessarily mean that they will have to bring down the quality of service to the clients. They are a renowned name in the industry now and bringing their rates down will add to their business.