Kotak Securities Vs iTradeOnline Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and iTradeOnline by Trustline stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and iTradeOnline's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Kotak Securities and iTradeOnline.
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Kotak Securities Ltd |
iTradeOnline by Trustline |
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| About the Broker |
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu...  |
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX |
| Account Type
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Fixed Brokerage Plan |
Pay Per Trade |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Trading Account Opening Fees
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₹750 |
₹0 (Free) |
| Trading Account AMC
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₹0 |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 |
Regular: ₹0, Lifetime Free AMC: ₹1000 |
| Demat Account AMC
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₹600 |
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Account Type |
Fixed Brokerage Plan |
Pay Per Trade |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
₹20 per executed order or .01% whichever is lower |
| Equity Intraday Brokerage
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0.049% (both side) |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.049% (both side) |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹300 per lot |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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0.070% |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Account Type |
Dynamic Brokerage Plan |
Pay Per Trade |
| Fixed Charges
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₹0 |
| Equity Delivery Brokerage
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0.59% to 0.30% |
₹20 per executed order or .01% whichever is lower |
| Equity Intraday Brokerage
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0.06% to 0.05% |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.07% to 0.05% |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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2.5% to 1.8% |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
₹0 (No Minimum Brokerage) |
| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
Physical contact notes: ₹20 |
| Call & Trade Charges
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₹20 per call after first 20 free calls in a month |
₹0 (Free) |
Taxes
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Securities Transaction Tax (STT)
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- 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)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- 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)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Futures
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NSE ₹190 per crore (0.0019%) |
| Equity Options
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NSE ₹5000 per crore (0.05%) |
| Currency Futures
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NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%) |
| Currency Options
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NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500 |
| Commodity
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MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%) |
Exposure
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Equity Delivery
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1x (no margin) |
1x (100% Margin Required) |
| Equity Intraday
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50 times |
Up to 20x |
| Equity Futures
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12 to 15 times |
NSE: 2x |
| Equity Options
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Selling: 200 times | Buying: 10 times |
NSE: 2x |
| Currency Futures
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NA |
NSE: 2x |
| Currency Options
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NA |
NSE: 2x |
| Commodity
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NA |
MCX Futures: 8x |
Share Broker Features
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. |
| Intraday Square-off Time
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Equity: 3:15 PM, Commodity: 11:15 PM |
| Other Features
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3-in-1 account |
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Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
iTradeOnline by Trustline |
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133 Customer Reviews  |
5 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews |
iTradeOnline is Rated 4.2 / 5 based on 5 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Wealth Management |
Customer Service Offered
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Kotak Securities Ltd |
iTradeOnline by Trustline |
| Pros
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- Offers 3-in-1 Account (trinity account).
- Kotak Security is a full services broker offering wide range of investment options and research reports.
- Kotak Securities has extended network of 1400+ branches across India.
- It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
- Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
More Advantages... |
- Paperless account opening is available with eKYC and Aadhar integration
- All trading softwares including trading terminal are available for free.
- Uses trading platform of Omnesys which is industry leading trading software provider.
- Margin Against Share is available
- Research based fundamental and technical analysis available to all the customers.
- Short selling is available in NSE Cash segment only.
- After Hours Orders and Good Till Cancelled (GTC) orders are available.
- SMS Trade Alerts are available for free to all customers.
- Call & Trade is free for all customers.
More Advantages... |
| Cons
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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
More Disadvantages... |
- Separate account needed for Mutual Funds investment.
- For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
- Doesn't offer bracket orders.
- Online IPO, NCD, Corporate Bond investment is not available.
- Trading API's are now available.
- Opening demat account along with the trading account is mandatory.
- No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Kotak 3-in-1 Account
Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.
Looking for an online trading account? Request Callback from a stock broker. |
Lifetime FREE AMC Demat Account - 50% Off
Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. |
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Enquire about Kotak Securities
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