Kotak Securities Vs Trustline NRI Account Comparison

The side-by-side comparison of Kotak Securities and Trustline NRI Account. Compare Kotak Securities Vs Trustline NRI Account brokerage charges, exposure margin, demat account and AMC. Read Trustline and Kotak Securities NRI Account reviews.

Find out Kotak Securities Vs Trustline which is better NRI Trading Account. See Kotak Securities Vs Trustline which is best NRI Demat Account.

Our Kotak Securities Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and Trustline NRI Account.

Expand

Kotak Securities Vs Trustline

  Kotak Securities Trustline
 
Kotak Securities Ltd Logo Trustline Securities Ltd Logo
About the Broker Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd Trustline Securities is a full-service broker offering trading and investment services in equity, F&O, mutual fund, FDs, and bonds to both resident and non-resident Indian investors. The broker offers customized investment solutions across wealth man... Know more about Trustline Securities Ltd
Account Type NRI Account
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Trustline. Leave your contact info and we will get in touch with you.
Expand

Kotak Securities Vs Trustline Charges

  Kotak Securities Trustline
NRI Account Opening Fees ₹3750 ₹0
NRI Account AMC ₹0 ₹1000 + GST
NRI Demat Account Opening Fees ₹0 Regular: ₹0, Lifetime Free AMC: ₹1000
NRI Demat Account AMC ₹600 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
PIS Account AMC ₹1000 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

Kotak Securities Vs Trustline NRI Account Brokerage Comparison

Brokerage Plan

  Kotak Securities Trustline
Account Type NRI Account
Equity Delivery 1.00% 0.03 (3 paise)
Equity Futures 1.00% 0.30 (30 paise)
Equity Options 1.00% ₹75 per lot

Other Charges

Contract Note Reporting Charges ₹0 ₹0
Other Brokerage Charges Average Quarterly Balance: ₹10000
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
Expand

Kotak Securities Vs Trustline NRI Account Taxes/Fees

  Kotak Securities Trustline
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.
Expand

Kotak Securities Vs Trustline NRI Account Exposure Margin

  Kotak Securities Trustline
Equity Delivery
Equity Futures
Equity Options
Expand

Kotak Securities and Trustline NRI Account Feature Comparison

  Kotak Securities Trustline
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Expand

Kotak Securities Vs Trustline NRI Account Review

  Kotak Securities Trustline
  152 Customer Reviews    Rate Kotak Securities 1 Customer Reviews    Rate Trustline
Fees 2.5 4.0
Brokerage 2.3 3.0
Trading Platform 3.3 4.0
Customer Service 2.9 4.0
Overall Rating Rated 2.5 stars Rated 4.0 stars
Broker Rating Kotak Securities is Rated 2.5 / 5 based on 152 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
*

Contact Broker / Request A Call Back

  Kotak Securities Trustline
Contact Broker
*

Kotak Securities Vs Trustline NRI Investment Options

  Kotak Securities Trustline
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Other Investment Options
Expand

Kotak Securities Vs Trustline NRI Customer Service

  Kotak Securities Trustline
Customer Care Number 022 6689 6000, 022 6652 9191 (0120) 4613-888
Customer Care Email nricustomerservice@kotak.com helpdesk@trustline.in
Expand

Kotak Securities Vs Trustline Order Type Offered for NRI Account

  Kotak Securities Trustline
Bracket Order Yes No
Cover Order Yes Yes
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
Expand

Kotak Securities Vs Trustline - NRI Account Advantages and Disadvantages

  Kotak Securities Trustline
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • Offers web and mobile app-based NRI trading and investment platform.
  • Charges lower brokerage for investing in equity and equity derivatives.
  • Doesn't have a minimum brokerage charge which is good for small investors.
  • Offers research-based fundamental and technical analysis which helps in taking a better investment decision.
  • Allows US and Canada based NRIs to trade and invest in the stock market through Trustline trading forms.
  • Trustline works as a clearing and settlement member which reduces the overall cost for investors.
  • Facilitates IPO bidding for resident and non-resident Indian investors.
Cons
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • Doesn't offer a 3-in-1 account which means NRIs cannot open all the accounts at a single platform. It also means NRIs have to first transfer funds to PIS account before placing orders.
  • Doesn't offer Bracket Order facility.
  • Doesn't offer AMO (After Market Order) and GTC (Good' Till Cancelled) orders for investors.
  • Allows only Axis bank to open NRI bank account.
Conclusion

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Trustline Securities is a good choice for both casual and frequent traders. The full-service broker offers depository services and research tips for NRIs. It also allows US and Canada based NRIs after filling FATCA and FEMA declaration form. The brokerage charges are quite low as compared to other full-service brokers in India. The broker also offers good web and mobile trading platforms in addition to a dedicated mobile app for mutual fund investments. Call n Trade facility and IPO application services are other features that make Trustline a good choice as an NRI stockbroker. The only major disadvantage with the broker is that it only allows Axis Bank accounts to be linked with its trading account. So, if you have Axis NRI bank accounts then its an excellent choice else you have to transfer your bank accounts to trade with Trustline.

Promo / Offers
Expand

Kotak Securities Vs Trustline - More Reviews

  Kotak Securities Trustline
NRI Trading Review Kotak Securities NRI Account Review Trustline NRI Account Review
Enquire Kotak Securities Enquire Trustline
Compare
Kotak Securities Vs Zerodha
Kotak Securities Vs ICICI Direct
Kotak Securities Vs HDFC Securities
Kotak Securities Vs Sharekhan
Kotak Securities Vs AxisDirect
Kotak Securities Vs Angel Broking
Kotak Securities Vs Motilal Oswal
Kotak Securities Vs Karvy
Kotak Securities Vs IIFL Securities
Kotak Securities Vs SBI Securities
Kotak Securities Vs Geojit
Kotak Securities Vs Religare
Kotak Securities Vs SMC Global
Kotak Securities Vs 5paisa
Kotak Securities Vs Ventura
Kotak Securities Vs Anand Rathi
Kotak Securities Vs Indiabulls
Kotak Securities Vs Aditya Birla Money
Kotak Securities Vs TradingBells
Kotak Securities Vs IDBI Capital
Kotak Securities Vs Tradeplus
Kotak Securities Vs Tradejini
Kotak Securities Vs Alice Blue
Kotak Securities Vs Wisdom Capital
Kotak Securities Vs Finvasia
Kotak Securities Vs Prostocks
Kotak Securities Vs Beeline
Kotak Securities Vs Just Trade
Kotak Securities Vs Compositedge
Kotak Securities Vs Achiievers
Kotak Securities Vs Yes Securities
Kotak Securities Vs Indira Securities
Trustline Vs Zerodha
Trustline Vs ICICI Direct
Trustline Vs HDFC Securities
Trustline Vs Sharekhan
Trustline Vs AxisDirect
Trustline Vs Angel Broking
Trustline Vs Motilal Oswal
Trustline Vs Karvy
Trustline Vs IIFL Securities
Trustline Vs SBI Securities
Trustline Vs Geojit
Trustline Vs Religare
Trustline Vs SMC Global
Trustline Vs 5paisa
Trustline Vs Ventura
Trustline Vs Anand Rathi
Trustline Vs Indiabulls
Trustline Vs Aditya Birla Money
Trustline Vs TradingBells
Trustline Vs IDBI Capital
Trustline Vs Tradeplus
Trustline Vs Tradejini
Trustline Vs Alice Blue
Trustline Vs Wisdom Capital
Trustline Vs Finvasia
Trustline Vs Prostocks
Trustline Vs Beeline
Trustline Vs Just Trade
Trustline Vs Compositedge
Trustline Vs Achiievers
Trustline Vs Yes Securities
Trustline Vs Indira Securities







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App