Kotak Securities Vs TradePlusOnline : Side By Side Comparison

In this page, I am providing side by side comparison of Kotak Securities Vs TradePlusOnline

Kotak Securities is a brokerage arm of Kotak bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

TradePlus falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. But unlike other discount brokers, they provide recommendations.

There are lot of differences between these two brokers.

 

kotak-securities-vs-tradeplusonline-1

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of Kotak Securities Vs TradePlusOnline:

Parameters

TradePlusOnline

Kotak Securities

fyers-securities-Logo
kotak-securities-logo
Review
Type of Broker
Discount Broker
Full Service Broker
Incorporation Year
1995
1994
Supported Exchanges
NSE, BSE and MCX
NSE & BSE

Account Related Charges

Trading Account Opening Fees
Rs 199
Rs 750
Trading Account AMC
Rs 499 (For 5 Years)
Rs 0
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 0
Rs 600

Brokerage Charges

Equity Delivery Brokerage
0.1%
0.49%
Equity Intraday Brokerage
0.01%
0.049%
Equity Futures Brokerage
Rs 799/month for unlimited trading
0.049%
Equity Options Brokerage
Rs 99/month for unlimited trading
Rs 100/lot
Currency Futures Trading Brokerage
Rs 99/month for unlimited trading
0.04%/div>
Currency Options Trading Brokerage
Rs 99/month for unlimited trading
Rs 20/lot
Commodity Trading Brokerage
Rs 99/month for unlimited trading
0.049%
Minimum Brokerage Charges
NIL
4 Paise for delivery and 3 Paise for intraday trade
Monthly Unlimited Plans
Brokerage Calculator
Tradeplus online Brokerage Calculator
Kotak Securities Brokerage Calculator

Transaction Charges

Equity Delivery
0.00330%
0.0031%
Equity Intraday
0.00330%
0.0031%
Equity Futures
0.00350%
0.00180%
Equity Options
0.075% (On Premium)
0.050% (On Premium)
Currency Futures
0.00165%
0.00120%
Currency Options
0.060% (On Premium)
0.050% (On Premium)
Commodity
0.004%
NA

Exposure

Equity
Upto 4 times for Delivery
Upto 15 times Intraday and 3 times Delivery
Equity Futures
upto 5 times
Upto 5 times Intraday
Equity Options
upto 2 times
Upto 2 times Intraday
Currency Futures
upto 2 times
Upto 2 times Intraday
Currency Options
No Leverage
Upto 2 times Intraday
Commodities
Upto 2 times
Upto 2 times Intraday

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
NEST on Web, Infini Trader, Tradeplus Mobile
KEAT PRO X, Kotak Stock Trader, Fastlane and Xtralite

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • Zero Account Opening Charges
  • NIL
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Kotak Securities with other Brokers:

Kotak Securities in comparison with other Stock Brokers


Point By Point Comparison of TradePlusOnline with other Brokers:

TradePlusOnline in comparison with other Stock Brokers


 

This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.