Kotak Securities Vs RMoney Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and Raghunandan Capital Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and RMoney'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 RMoney.
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
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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...  |
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds... |
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, NCDEX |
| Account Type
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Fixed Brokerage Plan |
Zero Brokerage Plans |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 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 |
₹0 (Free) |
| Demat Account AMC
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₹600 |
₹0 for lifetime (Free) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Account Type |
Fixed Brokerage Plan |
Zero Brokerage Plans |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.049% (both side) |
₹18 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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0.049% (both side) |
₹18 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹300 per lot |
₹18 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹18 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹18 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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0.070% |
₹18 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 |
Raghunandan Capital Pvt Ltd |
| Account Type |
Dynamic Brokerage Plan |
Happy Service Plan |
| Fixed Charges
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NA |
| Equity Delivery Brokerage
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0.59% to 0.30% |
0.10% to 0.40% |
| Equity Intraday Brokerage
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0.06% to 0.05% |
0.01% to 0.04% |
| Equity Futures Brokerage
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0.07% to 0.05% |
0.005% to 0.02% |
| Equity Options Brokerage
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2.5% to 1.8% |
₹20 to ₹80 per lot |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
0.005% to 0.02% |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
0.005% to 0.02% |
| Commodity Futures Trading Brokerage
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0.005% to 0.02% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
₹0 |
| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment |
| Call & Trade Charges
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₹20 per call after first 20 free calls in a month |
₹0 (Unlimited Calls) |
Taxes
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 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 |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹275 per crore (0.00275%) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹275 per crore (0.00275% |
| Equity Futures
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NSE ₹250 per crore | BSE ₹110 per crore (0.0011%) |
| Equity Options
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NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%) |
| Currency Futures
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NSE, BSE - ₹150 per crore (0.0015%) |
| Currency Options
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NSE, BSE - ₹7500 (on premium) per crore (0.075%) |
| Commodity
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MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%) |
Exposure
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| Equity Delivery
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1x (no margin) |
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) |
| Equity Intraday
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50 times |
20x (5%) (Intraday Only) |
| Equity Futures
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12 to 15 times |
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
| Equity Options
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Selling: 200 times | Buying: 10 times |
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
| Currency Futures
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NA |
Intraday - 100X (1%) |
| Currency Options
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NA |
Intraday - 100X (1%) |
| Commodity
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NA |
Intraday - 77X (1.3%) |
Share Broker Features
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 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 |
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
| Intraday Square-off Time
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Equity 3:15 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 |
Raghunandan Capital Pvt Ltd |
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133 Customer Reviews  |
3 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 |
RMoney is Rated 4.0 / 5 based on 3 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 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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Corporate FD, Life Instance, General Insurance |
Customer Service Offered
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Kotak Securities Ltd |
Raghunandan Capital Pvt Ltd |
| 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 |
Raghunandan Capital Pvt Ltd |
| 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 |
Raghunandan Capital Pvt Ltd |
| 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 |
Raghunandan Capital Pvt Ltd |
| 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 |
Raghunandan Capital Pvt Ltd |
| 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... |
- Offer both discount brokerage as well as full-service brokerage plans.
- Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
- ODIN trading platform is available free of cost to all customers.
- Unlimited free Call & Trades.
- Local branches in major cities across North India.
- Free tips, research and news alerts.
- Online paperless instant account opening.
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... |
- Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
- RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
- Margin funding is not available.
- GTC/GTD not available in Equity.
- NRI Account is not available.
More Disadvantages... |
| Reviews
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Useful Articles:
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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 + Free Call & Trade
Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you. |
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Enquire about Kotak Securities
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Zerodha
Zero Account Opening Fee