What Is Rk Global?
RK Global is a financial services company based in India. It offers a range of financial products and services, including equity trading, commodity trading, currency trading, mutual funds, and insurance.
RK Global was founded in 1995 and is headquartered in Mumbai, India. It is registered with the Securities and Exchange Board of India (SEBI) as a broker and a depository participant. The company operates through a network of branches and franchisees across India and has a customer base that includes retail investors, high net worth individuals, and institutional clients.
In addition to its traditional financial services offerings, RK Global has also introduced innovative products and services, such as its “Smart Trading” platform, which offers advanced trading tools and features to help investors make informed trading decisions. The company is also known for its strong focus on customer service and support, with a dedicated team of experts available to assist customers with their trading and investment needs.
Rk Global Main Points
| Main | Focus |
|---|---|
| Product Name | Rk Global |
| Headquarters | New Delhi, India |
| Found in | 1995 |
| Regulators | SEBI |
| Trading Account | ₹399 |
| Trading Fees | Low |
| Inactivity Fee | No |
| Time to open an account | 3 Days |
| Demo Account Provided | No |
| Products Offered | Stock, ETF, Forex, Fund, Bond, Options, Futures |
How To Open Rk Global Trading Account?
To open an RK Global trading account, you can follow these general steps:
- Visit the RK Global website and click on the “Open an Account” or “Get Started” button.
- Fill out the online account opening form with your personal details, such as your name, address, phone number, and email address.
- Provide your financial details, including your annual income, net worth, and trading experience.
- Submit the required documents, such as a copy of your PAN card, Aadhaar card, and bank statement or passbook.
- Complete the e-signature process by verifying your identity using Aadhaar-based e-KYC or submitting physical copies of the required documents.
- Fund your account by transferring money from your bank account to your RK Global trading account.
Once your account is approved, you will receive a unique client ID and password that you can use to log in to your trading account. You can then start trading in various financial products, such as equities, commodities, currencies, and mutual funds, based on your investment goals and risk appetite.
Rk Global Features
Multiple Trading Platforms
RK Global provides multiple trading platforms, including a mobile app, a web-based trading platform, and a desktop trading application, to cater to the different trading needs and preferences of its customers.
Research and Analysis:
RK Global offers a range of research and analysis tools and reports to help its customers make informed trading decisions. These include daily market reports, stock recommendations, and technical analysis tools.
Investment Products
RK Global offers a range of investment products, including equities, derivatives, commodities, currencies, and mutual funds, to cater to the different investment goals and risk profiles of its customers.
Personalized Service
RK Global provides personalized service to its customers, with dedicated relationship managers and customer support teams available to assist customers with their trading and investment needs.
Low Brokerage
RK Global offers competitive brokerage rates and other cost-effective pricing plans to help its customers maximize their returns.
Margin Trading
RK Global offers margin trading facilities to eligible customers, allowing them to trade with higher buying power than their available funds.
Trading Education
RK Global provides trading education and training programs to help its customers improve their trading skills and knowledge.
Risk Management
RK Global has a strong focus on risk management, with robust risk management policies and procedures in place to protect its customers’ investments and minimize the risk of trading losses.
How Many Types of Rk Global Accounts
RK Global offers various types of accounts to cater to the different needs and preferences of its customers. The different types of RK Global accounts are:
- Equity Trading Account: This account is used for buying and selling equity shares listed on the stock exchanges. It allows customers to trade in cash, futures, and options segments of the stock market.
- Commodity Trading Account: This account is used for trading in commodity derivatives, such as gold, silver, crude oil, and agricultural commodities.
- Currency Trading Account: This account is used for trading in currency derivatives, such as USD/INR, EUR/INR, and GBP/INR, among others.
- Demat Account: This account is used for holding and trading in dematerialized securities, such as stocks and mutual funds. It eliminates the need for physical share certificates and allows for easy transfer and settlement of securities.
- Mutual Fund Account: This account is used for investing in mutual funds offered by various fund houses. RK Global provides access to a wide range of mutual funds across different categories, including equity, debt, and hybrid funds.
- NRI Trading Account: This account is designed for Non-Resident Indians (NRIs) who wish to invest in Indian financial markets. It allows NRIs to trade in equities, commodities, and currencies, subject to regulatory compliance.
The specific requirements and features of each type of RK Global account may vary, and it’s best to contact the RK Global customer service team for further information and assistance in choosing the right account type for your investment needs.
Rk Global Deposit and Withdrawal Options
RK Global provides various deposit and withdrawal options to its customers. Some of the popular deposit and withdrawal options offered by RK Global include:
- Online Bank Transfer: Customers can transfer funds from their bank account to their RK Global trading account using the online fund transfer facility provided by their bank.
- NEFT/RTGS: Customers can use the NEFT (National Electronic Funds Transfer) or RTGS (Real-Time Gross Settlement) facility to transfer funds from their bank account to their RK Global trading account.
- UPI: Customers can use the Unified Payment Interface (UPI) facility to transfer funds from their bank account to their RK Global trading account using their mobile phone.
- Cheque or Demand Draft: Customers can deposit a cheque or demand draft drawn in favor of RK Global Shares and Securities Ltd. at any of the RK Global branches or through courier.
- Online Payment Gateways: Customers can use online payment gateways, such as Paytm, Google Pay, and PhonePe, to transfer funds to their RK Global trading account.
For withdrawal of funds, customers can place a withdrawal request through their trading account or by contacting the RK Global customer service team. The withdrawn funds will be transferred to the customer’s registered bank account within the stipulated time period.
Rk Global Pros and Cons
| PROS | CONS |
|---|---|
| Multiple Trading Platforms: RK Global provides multiple trading platforms, including a mobile app, a web-based trading platform, and a desktop trading application, to cater to the different trading needs and preferences of its customers. | Limited Presence: RK Global has a limited presence compared to some of the other major brokerage firms in India, which may limit its access to certain investment opportunities or markets. |
| Low Brokerage: RK Global offers competitive brokerage rates and other cost-effective pricing plans to help its customers maximize their returns. | Customer Complaints: There have been some customer complaints about the quality of customer service and the processing of transactions, which may indicate areas for improvement. |
| Research and Analysis: RK Global offers a range of research and analysis tools and reports to help its customers make informed trading decisions. | Research Quality: While RK Global provides research and analysis tools, some customers have reported that the quality of research reports and recommendations could be improved. |
| Investment Products: RK Global offers a range of investment products, including equities, derivatives, commodities, currencies, and mutual funds, to cater to the different investment goals and risk profiles of its customers. | Additional Charges: Some customers have reported unexpected additional charges or fees, such as account opening charges or transaction fees, which may impact the overall cost-effectiveness of trading with RK Global. |
What Is Rk Global Trading Fees & Account Opening Fees
RK Global charges different types of fees for its trading services, including brokerage fees, transaction fees, and other charges. The fees charged by RK Global may vary depending on the type of account and the trading segment. Here’s a breakdown of some of the fees charged by RK Global:
- Account Opening Fees: RK Global charges account opening fees for all types of trading accounts. The account opening fees for an equity trading account is ₹799, for a commodity trading account is ₹399, for a currency trading account is ₹249, and for a demat account is ₹299.
- Brokerage Fees: RK Global charges a brokerage fee for each trade executed by the customer. The brokerage fees for equity delivery trades is 0.10% or ₹15 per trade (whichever is lower), for equity intraday trades is 0.01% or ₹15 per trade (whichever is lower), and for futures and options trades is 0.01% or ₹15 per trade (whichever is lower).
- Transaction Charges: RK Global charges transaction charges for each trade executed by the customer. The transaction charges for equity delivery trades is 0.00325%, for equity intraday trades is 0.00325%, and for futures and options trades is 0.002%, for commodity futures trades is 0.003%, and for currency futures trades is 0.0009%.
- Other Charges: RK Global may also charge other charges such as margin funding charges, call and trade charges, SMS alerts charges, and software usage charges.
It’s important to note that the specific fees charged by RK Global may vary depending on the type of account, the trading volume, and other factors. Customers are advised to check the latest fees and charges information on the RK Global website or by contacting their customer service team.
Rk Global Mobile Trading Platform
RK Global offers a mobile trading platform called “RK Global Mobile Trading App” for its customers. The mobile app is available for both Android and iOS devices and can be downloaded from the respective app stores. Here are some of the features and benefits of using the RK Global Mobile Trading App:
- User-friendly interface: The RK Global Mobile Trading App has a user-friendly interface that is easy to navigate, even for beginners.
- Real-time quotes: The app provides real-time quotes for stocks, futures, options, and other investment products, allowing customers to stay up-to-date with market movements and make informed trading decisions.
- Multiple order types: The app supports multiple order types, including market orders, limit orders, stop-loss orders, and bracket orders, giving customers greater flexibility in their trading strategies.
- Security: The app uses 2-factor authentication and other security measures to protect customer data and transactions.
- Trade anytime, anywhere: With the RK Global Mobile Trading App, customers can trade anytime, anywhere, using their mobile devices, making it convenient for busy traders on-the-go.
- Personalized watchlists: Customers can create personalized watchlists of stocks and other investment products to track their performance and identify potential trading opportunities.
Overall, the RK Global Mobile Trading App is a convenient and easy-to-use trading platform that offers a range of features and benefits for customers who prefer to trade on their mobile devices.
How Many Types Of Investment Option Available At Rk Global?
RK Global offers a variety of investment options to its customers. Here are some of the types of investment options available at RK Global:
- Equity Trading: RK Global offers equity trading services, allowing customers to trade in shares of publicly listed companies on major Indian stock exchanges like the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
- Commodity Trading: RK Global provides commodity trading services, enabling customers to trade in commodities like gold, silver, crude oil, natural gas, and agricultural products.
- Currency Trading: RK Global offers currency trading services, allowing customers to trade in major global currencies like the US dollar, euro, pound sterling, and Japanese yen.
- Futures and Options Trading: RK Global provides futures and options trading services, enabling customers to trade in futures and options contracts of stocks, indices, and commodities.
- Mutual Funds: RK Global offers mutual fund investment services, providing customers access to a range of mutual funds managed by some of the top asset management companies in India.
- Initial Public Offerings (IPOs): RK Global allows customers to invest in Initial Public Offerings (IPOs) of companies that are listed on the Indian stock exchanges.
- Bonds and Debentures: RK Global offers investment services in bonds and debentures issued by companies and government entities.
Overall, RK Global offers a wide range of investment options to cater to the diverse needs of its customers.
Rk Global Customer Care
RK Global has a customer care team that is available to assist customers with their queries and concerns. Here are some of the ways in which customers can get in touch with the RK Global customer care team:
- Phone: Customers can call the RK Global customer care team at +91-11-43666555 or +91-11-30902000 to speak to a representative.
- Email: Customers can email their queries or concerns to support@rkglobal.net, and a representative will get back to them as soon as possible.
- Live Chat: RK Global also offers a live chat feature on its website, allowing customers to chat with a representative in real-time and get their queries resolved quickly.
- Branch Offices: Customers can also visit any of the RK Global branch offices located across India to speak to a representative in person.
- Social Media: Customers can reach out to RK Global through its social media channels like Facebook, Twitter, and LinkedIn.
The RK Global customer care team is available during market hours to assist customers with their queries related to trading, account opening, fees and charges, and other related issues. Customers are advised to have their account details and other relevant information handy when contacting the customer care team for a quick resolution of their queries.
Final Verdict
RK Global is a well-established financial services company that offers a wide range of investment options to its customers. With over two decades of experience in the financial services industry, RK Global has built a reputation for its customer-centric approach and quality service.
Some of the key strengths of RK Global include its user-friendly trading platforms, competitive brokerage rates, and a wide range of investment options. The company also offers a variety of research and advisory services to help customers make informed investment decisions.
However, it is important to note that every investment carries some degree of risk, and customers should carefully evaluate their investment goals and risk tolerance before investing. While RK Global offers a range of investment options, customers should also ensure that they understand the risks associated with each investment and seek professional advice if required.
RK Global FAQ
What are the trading platforms offered by RK Global?
RK Global offers a variety of trading platforms, including RK Global Mobile, RK Global NOW, and RK Global Web. These platforms are user-friendly and offer real-time market updates, advanced charting tools, and other features to help customers make informed trading decisions.
What are the charges for opening an RK Global trading account?
The charges for opening an RK Global trading account vary depending on the type of account and the services opted for. Customers can contact the RK Global customer care team or visit the RK Global website for more information on account opening charges.
What are the brokerage rates charged by RK Global?
RK Global offers competitive brokerage rates, which vary depending on the type of investment and the trading volume. Customers can contact the RK Global customer care team or visit the RK Global website for more information on brokerage rates.
Does RK Global offer research and advisory services?
Yes, RK Global offers a range of research and advisory services to its customers. These services include daily market reports, research reports, and investment recommendations, among others.