Kotak Securities Vs RMoney (Compare Kotak Securities and RMoney)


Kotak Securities
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 customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak Securities Ltd


RMoney
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 and Corporate FDR's. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily turnover and over 4% of MCX turnover. It has a strong presence in... Know more about Raghunandan Capital Pvt Ltd

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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)
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Kotak Securities Vs RMoney Brokerage Charges & Plans

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)
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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    Rate Kotak Securities 4 Customer Reviews    Rate RMoney
Fees 2.4 4.8
Brokerage 2.3 4.5
Trading Platform 3.3 4.0
Customer Service 2.8 4.0
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.4 stars Rated 3.8 stars
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
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Contact Broker / Request A Call Back

  Kotak Securities Enquire RMoney Enquire
Contact Broker 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.
RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer
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Kotak Securities Vs RMoney Investment Options

  Kotak Securities RMoney
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options Corporate FD, Life Instance, General Insurance
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Kotak Securities Vs RMoney Order Type Offered

  Kotak Securities RMoney
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Kotak Securities Vs RMoney Research Report

  Kotak Securities RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Kotak Securities Vs RMoney Suitable For Investor Type

  Kotak Securities RMoney
Casual Investor Yes Yes
Active Investor Yes Yes
Trader Yes
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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.
  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. 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'.
  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. 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.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.
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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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