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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.

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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
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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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 Rs 0 (Free) Regular: Rs 0, Lifetime Free AMC: Rs 1000
NRI Demat Account AMC Rs 600 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
PIS Account AMC ₹1000 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Kotak Securities Vs Trustline NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Trustline
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%
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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.

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Kotak Securities Vs Trustline NRI Account Margin

  Kotak Securities Margin Trustline Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Kotak Securities and Trustline NRI Account Features

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

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Kotak Securities Vs Trustline NRI Account Review

  Kotak Securities Review Trustline Review
  180 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate Trustline
Fees 2.4 3.3
Brokerage 2.3 2.7
Trading Platform 3.2 3.7
Customer Service 2.8 3.3
Overall Rating Rated 2.4 stars Rated 3.3 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 180 customer reviews Trustline is Rated 3.3 / 5 based on 3 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Trustline Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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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

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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

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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

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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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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