Kotak Securities Vs RMoney (Compare Kotak Securities and RMoney)
The side-by-side comparison of Kotak Securities and RMoney. Compare Kotak Securities Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Kotak Securities review.
Find out Kotak Securities Vs RMoney which is better and Kotak Securities Vs RMoney which is best.
Our Kotak Securities Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and RMoney.
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
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX
BSE, NSE, MCX, NCDEX
Account Type
Fixed Brokerage Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1209
Kotak Securities Vs RMoney Charges
Kotak Securities
RMoney
Trading Account Opening Fees
₹750
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
₹0 (Free)
Demat Account AMC
₹600
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Kotak Securities Vs RMoney Brokerage
Brokerage Plan 1
Kotak Securities
RMoney
Account Type
Fixed Brokerage Plan
Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage
0.49%
₹0 (Free)
Equity Intraday Brokerage
0.049% (both side)
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.049% (both side)
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
₹300 per lot
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.070%
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Brokerage Plan 2
Kotak Securities
RMoney
Account Type
Dynamic Brokerage Plan
Happy Service Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.59% to 0.30%
0.10% to 0.40%
Equity Intraday Brokerage
0.06% to 0.05%
0.01% to 0.04%
Equity Futures Brokerage
0.07% to 0.05%
0.005% to 0.02%
Equity Options Brokerage
2.5% to 1.8%
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.04% or Rs 20 per lot
0.005% to 0.02%
Currency Options Trading Brokerage
Rs 20 to Rs 7.5 per lot
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.005% to 0.02%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹21 per executed order
₹0
Other Brokerage Charges
SMS Alerts at ₹50 per month
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹20 per call after first 20 free calls in a month
₹0 (Unlimited Calls)
Kotak Securities Vs RMoney Taxes
Kotak Securities
RMoney
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)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Kotak Securities Vs RMoney Transaction Charges
Kotak Securities
RMoney
Equity Delivery
0.1% (Buy and Sell)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
0.025% (on Sell trade)
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
0.01% (on Sell trade)
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on options)
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
NA
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
NA
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
0.01% on sell side
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Kotak Securities Vs RMoney Exposure Margin
Kotak Securities
RMoney
Equity Delivery
1x (no margin)
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
50 times
20x (5%) (Intraday Only)
Equity Futures
12 to 15 times
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
Selling: 200 times | Buying: 10 times
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
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
Kotak Securities Vs RMoney Review
Kotak Securities
RMoney
135 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Kotak Securities Enquire
RMoney Enquire
Contact Broker
Kotak Securities Vs RMoney Investment Options
Kotak Securities
RMoney
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Corporate FD, Life Instance, General Insurance
Kotak Securities Vs RMoney Customer Service
Kotak Securities
RMoney
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
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.
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.
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.
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.
Zerodha
Zero Account Opening Fee