RK Global vs Way2wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of RK Global vs Way2wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of RK Global and Way2wealth.

Background

Year of Incorporation 1995 1984
Website https://www.rkglobal.net/ https://www.way2wealth.com/
Phone 033-4004 0999 1800 425 3690 FREE
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Brokerage

Equity Rs 9 per trade 0.04% for Intraday, 0.4% for Delivery - Negotiable
Equity Futures Rs 9 per trade 0.04% of Turnover - Negotiable
Equity Options Rs 9 per lot Rs 50/lot - Negotiable
Currency Futures Rs 9 per trade 0.04% of Turnover - Negotiable
Currency Options Rs 9 per lot Rs 50/lot - Negotiable
Commodity Rs 9 per lot 0.04% of Turnover - Negotiable
Account Opening Costs

Trading only Free NA
Trading & Demat Rs 200 Rs 350
Commodity Rs 200 Rs 100
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.0038% of Turnover
Futures 0.003% of Turnover 0.0034% of Turnover
Options 0.071% of Premium Turnover 0.056% of Premium Turnover
Commodities 0.003% of Turnover 0.0035% of Turnover
AMC charge Rs 250 per year Rs 330
DP Transaction Charge Rs 25 per Debit Transaction Rs 18/debit instruction
Offline order placing Charge Rs 30/Call n Trade NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 10 Days on ODIN - Rental charges apply 22 days on NEST
End of Day 10 Years - Rental Charges apply 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 6x for Intraday Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 3x Intraday Leverage Upto 2 times for Intraday
Equity Options No Leverage No Leverage
Currency Futures Upto 2x for Intraday Upto 2 times for Intraday
Currency Options No Leverage No Leverage
Commodity Upto 2x for Intraday Upto3 times for Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 2.04 Crores Rs 4.2 Lakhs
Profit after Tax FY12/13 Rs 2.2 Crores Rs 5.87 Lakhs
Profit after Tax FY13/14 Rs 2.45 Crores Rs 5.23 Lakh
Profit after Tax FY 14/15 Rs 4.46 Crores Rs 7.93 Lakh
Profit after Tax FY 15/16 Rs 4.04 Crores Rs 11.19 Lakh
Profit after Tax FY 16/17 Rs 5.34 Crores Rs 11.74 Lakh
Profit after Tax FY 17/18 Rs 7.23 Crores Rs 12.16 Lakh
Profit after Tax FY 18/19 Rs 8.72 Crores Rs 14.39 Lakh
Profit after Tax FY 19/20 Rs 8.72 Crores Rs 14.50 Lakh
Profit after Tax FY 20/21 Rs 10.52 Crores Rs 16.00 Lakh
Profit after Tax FY 21/22 Rs 11.73 Crores Rs 17.02 Lakh
Profit after Tax FY 22/23 Rs 12.89 Crores Rs 15.37 Lakh
Debt FY11/12 Rs 9.97 Crores Rs 10.4 Lakhs
Debt FY12/13 Rs 3.09 Crores Rs 17.2 Lakhs
Debt FY13/14 Rs 6.39 Crores Rs 19.78 Lakh
Debt FY14/15 Rs 8.39 Crores Rs 16.80 Lakh
Debt FY15/16 Rs 7.16 Crores Rs 20.27 Lakh
Debt FY16/17 Rs 10.67 Crores Rs 18.04 Lakh
Debt FY17/18 Rs 12.99 Crores Rs 22.55 Lakh
Debt FY18/19 Rs 12.57 Crores Rs 22.41 Lakh
Debt FY19/20 Rs 14.18 Crores Rs 23.16 Lakh
Debt FY20/21 Rs 13.76 Crores Rs 25.14 Lakh
Debt FY21/22 Rs 13.19 Crores Rs 26.94 Lakh
Debt FY22/23 Rs 18.88 Crores Rs 25.88 Lakh
Profit to Equity(%) FY11/12 19.34 0.25
Profit to Equity(%) FY12/13 13.89 1.52
Profit to Equity(%) FY13/14 19.09 2.39
Profit to Equity(%) FY14/15 17.25 3.71
Profit to Equity(%) FY15/16 20.99 3.71
Profit to Equity(%) FY16/17 17.47 4.61
Profit to Equity(%) FY17/18 22.42 5.42
Profit to Equity(%) FY18/19 21.06 6.22
Profit to Equity(%) FY19/20 27.18 7.38
Profit to Equity(%) FY20/21 25.25 8.12
Profit to Equity(%) FY21/22 33.85 9.22
Profit to Equity(%) FY22/23 29.80 10.22
Balance Sheet Size FY11/12 Rs 73.8 Crores Rs 159 Crores
Balance Sheet Size FY12/13 Rs 80.5 Crores Rs 148 Crores
Balance Sheet Size FY13/14 Rs 77.72 Crores Rs 170 Crores
Balance Sheet Size FY14/15 Rs 68.17 Crores Rs 187.92 Crores
Balance Sheet Size FY15/16 Rs 89.54 Crores Rs 259.67 Crores
Balance Sheet Size FY16/17 Rs 80.07 Crores Rs 289.46 Crores
Balance Sheet Size FY17/18 Rs 77.17 Crores Rs 160.16 Crores
Balance Sheet Size FY18/19 Rs 109.49 Crores Rs 240.46 Crores
Balance Sheet Size FY19/20 Rs 108.23 Crores Rs 294.59 Crores
Balance Sheet Size FY20/21 Rs 77.59 Crores Rs 181.53 Crores
Balance Sheet Size FY21/22 Rs 128.68 Crores Rs 227.41 Crores
Balance Sheet Size FY22/23 Rs 113.99 Crores Rs 289.78 Crores

Comparison Link:

Compare RK Global Compare Way2wealth
RK Global Vs Punch Trade Way2wealth Vs Punch Trade
RK Global Vs BlinkX Way2wealth Vs BlinkX
RK Global Vs Lemonn Way2wealth Vs Lemonn
RK Global Vs Mandot Securities Way2wealth Vs Mandot Securities
RK Global Vs HDFC Sky Way2wealth Vs HDFC Sky
RK Global Vs Dhan Way2wealth Vs Dhan
RK Global Vs Goodwill Wealth Way2wealth Vs Goodwill Wealth
RK Global Vs Shoonya by Finvasia Way2wealth Vs Shoonya by Finvasia
RK Global Vs NJ Wealth Way2wealth Vs NJ Wealth
RK Global Vs Paytm Money Way2wealth Vs Paytm Money
RK Global Vs Globe Capital Way2wealth Vs Globe Capital
RK Global Vs Finvasia Way2wealth Vs Finvasia
RK Global Vs Cholamandalam Securities Way2wealth Vs Cholamandalam Securities
RK Global Vs Canara Bank Way2wealth Vs Canara Bank
RK Global Vs Axis Direct Way2wealth Vs Axis Direct
RK Global Vs Alice Blue Way2wealth Vs Alice Blue
RK Global Vs 5Paisa Way2wealth Vs 5Paisa
RK Global Vs M.stock Way2wealth Vs M.stock
RK Global Vs WisdomCapital Way2wealth Vs WisdomCapital
RK Global Vs Ventura Securities Way2wealth Vs Ventura Securities
RK Global Vs Navia Markets Ltd Way2wealth Vs Navia Markets Ltd
RK Global Vs Tradejini Way2wealth Vs Tradejini
RK Global Vs Tata Securities Way2wealth Vs Tata Securities
RK Global Vs Swastika Investmart Way2wealth Vs Swastika Investmart
RK Global Vs SMC Global Way2wealth Vs SMC Global
RK Global Vs SBICAP Securities Way2wealth Vs SBICAP Securities
RK Global Vs SASOnline Way2wealth Vs SASOnline
RK Global Vs Samco securities Way2wealth Vs Samco securities
RK Global Vs Reliance Securities Way2wealth Vs Reliance Securities
RK Global Vs Nirmal Bang Way2wealth Vs Nirmal Bang
RK Global Vs Master Trust Capital Way2wealth Vs Master Trust Capital
RK Global Vs Kotak Securities Way2wealth Vs Kotak Securities
RK Global Vs Interactive Brokers Way2wealth Vs Interactive Brokers
RK Global Vs IIFL Securities Way2wealth Vs IIFL Securities
RK Global Vs Dhani Way2wealth Vs Dhani
RK Global Vs IDBI Capital Way2wealth Vs IDBI Capital
RK Global Vs HDFC Securities Way2wealth Vs HDFC Securities
RK Global Vs Geojit Way2wealth Vs Geojit
RK Global Vs Fyers Securities Way2wealth Vs Fyers Securities
RK Global Vs Edelweiss Capital Way2wealth Vs Edelweiss Capital
RK Global Vs Easytradez Way2wealth Vs Easytradez
RK Global Vs Rupeezy Way2wealth Vs Rupeezy
RK Global Vs Anand Rathi Way2wealth Vs Anand Rathi
RK Global Vs Aditya Birla Money Way2wealth Vs Aditya Birla Money
RK Global Vs Achiievers Way2wealth Vs Achiievers
RK Global Vs Angel One Way2wealth Vs Angel One
RK Global Vs Motilal Oswal Way2wealth Vs Motilal Oswal
RK Global Vs ICICI Direct Way2wealth Vs ICICI Direct
RK Global Vs Sharekhan Way2wealth Vs Sharekhan
RK Global Vs Groww Way2wealth Vs Groww
RK Global Vs Tradesmart Online Way2wealth Vs Tradesmart Online
RK Global Vs Upstox Way2wealth Vs Upstox
RK Global Vs Zerodha Way2wealth Vs Zerodha

Frequently Asked Questions

Is RK Global better than Way2wealth ?

RK Global and Way2wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Way2wealth better than RK Global ?

RK Global and Way2wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is RK Global cheaper than Way2wealth ?

RK Global and Way2wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Way2wealth cheaper than RK Global ?

RK Global and Way2wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better RK Global vs. Way2wealth ?

To find out the better of the two stockbrokers RK Global and Way2wealth, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.