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RKFS

Regulated
India
,
Since 1984
Last Updated:
39/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
StocksRegularRegular+11 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Bank Wire Transfer

bank transfer
2 days
Fee:
Free
Fee:
$40

Neteller

e wallet
Instant
Fee:
3.5%
Fee:
3.5%

PayPal

e wallet
Instant
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
3.5%
Fee:
3.5%

SticPay

e wallet
Instant
Fee:
2.0%
Fee:
2.0%

China UnionPay

e wallet
Instant
Fee:
2.0%
Fee:
2.0%

Cryptocurrencies (BTC, ETH, USDT)

crypto
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 34%, 2: License 63%, 3: Software 0%, 4: Spread 0%, 5: Account Type 19%, 6: Symbol 0%
Regulation
34%Poor
License
63%Fair
Software
0%Poor
Spread
0%Poor
Account Type
19%Poor
Symbol
0%Poor

Company Information

Full Name:RKFS
Founded:1984
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 011-48564444
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

RKFS is a reputable name among trading brokers, and the services offered by this broker include comprehensive financial solutions that cater to the trading requirements of varied clients. Despite the lack of information about RKFS, the existence of the broker within the trading market indicates its dedication to ensuring easy trading solutions.

Background and History

RKFS is a financial advisory firm, offering different services and products, like securities, mutual funds, stock, insurance, and consultancy services, among others. There are demat and RKFS-INDIA INX global accounts with free commissions.

Attributes and Offerings

The trading solutions offered by RKFS are diverse and tailored to suit varying trad­ing styles and preferences. Though product information is broad in nature and lacks specificity, it is safe to expect brokers such as RKFS to provide traders with access to a variety of asset classes such as Forex, commodities, stock indices, and possibly digital currencies.

Furthermore, RKFS is most likely able to handle different kinds of accounts and platforms, in a bid to ensure flexibility as well as ease of use. The technology orientation exhibited by the broker is an indication that it values fast execution speeds, simplified interfaces, as well as powerful analysis tools that work to improve trading choices.

The specific instruments traded using RKFS are not detailed, but brokers who fall in this category can offer access to the following:

Major, Minor Pairs, crosses. Different types

Commodities such as gold and oil

Global Stock Indices

Potentially cryptocurrencies and CFDs

| Traded On

RKFS is projected to provide popular trading platforms that will benefit computer and mobile traders alike. Such platforms will comprise advanced graphical tools, personalized interfaces, and auto-trading functionality. The technological framework of the broker is also expected to facilitate smooth order processing and immediate market updates.

Regulatory Compliance and Licensing

A regulatory system is also a factor to consider when selecting a brokerage organization. Unfortunately, it is hard to find information about RKFS’s regulatory licenses and whether it is in compliance with the regulations. As a precaution, traders will need to verify this information from RKFS before carrying out the business activities associated with online trading.

There is a table given below showing the current known regulatory status of RKFS:

Regulator

License Number

Status

Limited information available

Not publicly disclosed

Trading Conditions and Platform Technology

Understanding the terms of trading is a critical component in the assessment of the broker's appropriateness. While specific information on RKFS terms of trade is limited, the general conditions include leverage and minimum trade requirements. Such conditions affect the trading risk and expenses.

RKFS most likely provides favorable terms of trade, in line with the best practices in the industry, through advanced technology platforms that enable fast trade executions.

Trading Condition

Otherwise

Details

Notes

Spreads

Limited information available

Varies by instrument

Leverage

Limited information available

All such activities are subject to various regulatory

Minimum Deposit

Limited information available

According to the type of accounts the client

Fee Structure

The transparency of fees is very essential for traders in understanding the cost involved in their trades. The details of RKFS’s fee structure are not available, and this can be a common problem when there is a lack of information available. Generally, brokers usually charge for services such as spread, commission, and sometimes for deposit and withdrawal.

Prospective clients should contact RKFS directly and get clear information on fees to avoid any surprises on costs.

Fee Type

Details

Notes

Insertion Charges

Limited information available

Varies by payment method

Withdrawal Fees

Limited information available

Depends on withdrawal method

Commission

Limited information available

May Apply on Certain Account Types

Spreads

Not PROVIDED

Likely variable

Conclusion

RKFS claims to be a trading broker in the financial service industry, providing various trading opportunities through the use of technology-driven platforms. Nonetheless, the lack of publicly available information hinders a comprehensive assessment of its regulatory compliance, charges, and specific terms and conditions. Any traders wanting to use the RKFS system should do their due diligence before agreeing to use the broker to assess their compatibility. What matters in the choosing of any broker in the complicated financial world of the twenty-first century, first and foremost, is transparency and adherence to the required regulations.

Regulatory Licenses

Compliance & oversight

1 license
India
SECTier 1
India#INZ000211932
License Details
Type:Financial Service
License #:INZ000211932
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

14 types
Stocks
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Stocks
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Invest
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Invest
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
14
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

7 methods
Bank Wire Transfer
Bank Transfer2 min
Deposit
Fee:Free
Min:USD 200
Max:N/A
Withdrawal
Fee:USD 40
Min:N/A
Max:N/A
Deposits must come from your registered bank account.
Neteller
E-WalletInstant
Deposit
Fee:3.5%
Min:USD 10
Max:N/A
Withdrawal
Fee:3.5%
Min:USD 10
Max:N/A
PayPal
E-WalletInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Skrill
E-WalletInstant
Deposit
Fee:3.5%
Min:USD 1
Max:N/A
Withdrawal
Fee:3.5%
Min:USD 1
Max:N/A
3
Free Deposit
7
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with RKFS: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark RKFS at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for RKFS

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://rkfs.investwell.app/app/#/login
Unknown
Active
SSL
🌐
https://ekyc.rkfs.org/
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Corporate Network

Enterprise structure & relationships

1 entities

R K SONI FINANCIAL SERVICES LLP

India
active

Registration

ABD-0837

Established

2019-01-12

Comments

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