Kotak Securities Vs RMoney (Compare Kotak Securities and RMoney)

Kotak Securities Vs RMoney

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

	Kotak Securities	RMoney
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994
Number of Branches	1209
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Kotak Securities Vs RMoney Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while RMoney account opening changes is Rs 199. Kotak Securities Demat Account AMC Charges is Rs 600 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).

	Kotak Securities	RMoney
Trading Account Opening Charges	Rs 750	Rs 199
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 600	Rs 0 for lifetime (Free)

Kotak Securities Vs RMoney Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.

	Kotak Securities	RMoney
Account Type	Fixed Brokerage Plan	Zero Brokerage Plans
Fixed Charges		NA
Equity Delivery	0.49%	Rs 0 (Free)
Equity Intraday	0.049% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Futures	0.049% (both side)	Rs 18 per executed order or .01% whichever is lower
Equity Options	Rs 300 per lot	Rs 18 per executed order or .01% whichever is lower
Currency Futures		Rs 18 per executed order or .01% whichever is lower
Currency Options		Rs 18 per executed order or .01% whichever is lower
Commodity Futures	0.070%	Rs 18 per executed order or .01% whichever is lower
Commodity Options
Special Offer	Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.	Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Kotak Securities Vs RMoney Brokerage Plan 2

	Kotak Securities	RMoney
Account Type	Dynamic Brokerage Plan	Happy Service Plan
Fixed Charges		NA
Equity Delivery	0.59% to 0.30%	0.10% to 0.40%
Equity Intraday	0.06% to 0.05%	0.01% to 0.04%
Equity Futures	0.07% to 0.05%	0.005% to 0.02%
Equity Options	2.5% to 1.8%	Rs 20 to Rs 80 per lot
Currency Futures	0.04% or Rs 20 per lot	0.005% to 0.02%
Currency Options	Rs 20 to Rs 7.5 per lot	0.005% to 0.02%
Commodity Futures		0.005% to 0.02%
Commodity Options
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Kotak Securities Charges Vs RMoney

Minimum Brokerage	Rs 21 per executed order	Rs 0
Other Charges	SMS Alerts at Rs 50 per month	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges	Rs 20 per call after first 20 free calls in a month	Rs 0 (Unlimited Calls)

Kotak Securities Vs RMoney Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).

	Kotak Securities	RMoney
Equity Delivery	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%)
Equity Intraday	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%
Equity Futures	NSE: 0.0019%	NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%)
Equity Options	NSE: 0.05% on Premium	NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%)
Currency Futures	NSE: 0.0009%, BSE: 0.00022%	NSE, BSE - Rs 150 per crore (0.0015%)
Currency Options	NSE: 0.035%, BSE: 0.001%	NSE, BSE - Rs 7500 (on premium) per crore (0.075%)
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Kotak Securities Vs RMoney Leverage (Margin)

Kotak Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the RMoney margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Kotak Securities	RMoney
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Kotak Securities and RMoney Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

	Kotak Securities	RMoney
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	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		Equity 3:15 PM
Other Features	3-in-1 account
Referral Program
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Kotak Securities Vs RMoney Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.

	Kotak Securities	RMoney
	170 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews	RMoney is rated 3.8 of 5 based on 4 customer reviews

Kotak Securities Vs RMoney Investment Options

	Kotak Securities	RMoney
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Corporate FD, Life Instance, General Insurance

Kotak Securities Vs RMoney Order Type Offered

	Kotak Securities	RMoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Kotak Securities Vs RMoney Research Report

	Kotak Securities	RMoney
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs RMoney Suitable For Investor Type

	Kotak Securities	RMoney
Casual Investor
Active Investor
Trader

Kotak Securities Vs RMoney - Pros and Cons

	Kotak Securities	RMoney
Pros	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.	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.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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.
Reviews		Useful Articles: Flat Fee Stock Trading Broker in India
Promo / Offers	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 Rs 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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