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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, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs 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
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Account Type Fixed Brokerage Plan Zero Brokerage Plans
Year of Incorporation 1994
Number of Branches 1209
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with RMoney. Leave your contact info and we will get in touch with you.
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Kotak Securities Vs RMoney Charges & AMC

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

  Kotak Securities RMoney
Trading Account Opening Charges ₹750 ₹199
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹600 ₹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 ₹0 (Free) and intraday is ₹18 per executed order or .01% whichever is lower.

  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
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 ₹0 Account Opening Fee + ₹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 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 ₹20 per lot 0.005% to 0.02%
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.005% to 0.02%
Commodity Options Trading Brokerage
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Kotak Securities Charges Vs RMoney

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)
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Kotak Securities Vs RMoney Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while RMoney exchange transaction charges for options is NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%).

  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%)
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Kotak Securities Vs RMoney Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).

  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
Currency Futures NA Intraday - 100X (1%)
Currency Options NA Intraday - 100X (1%)
Commodity Futures NA Intraday - 77X (1.3%)
Commodity Options
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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 Available 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 2.5 of 5 based on 146 customer reviews whereas RMoney is rated 4.0 of 5 based on 3 customer reviews.

  Kotak Securities RMoney
  146 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate RMoney
Fees 2.5 4.7
Trading Brokerage 2.4 4.7
Trading Platform Usability 3.4 4.3
Customer Service 3.0 4.0
Research Capabilities 2.5
Overall Ratings Rated 2.5 stars Rated 4.0 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 146 customer reviews RMoney is rated 4.0 of 5 based on 3 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 ₹0 Account Opening Fee + ₹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
Initial Public Offers (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 - 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.

More Advantages...

  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.

More Advantages...

Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

More Disadvantages...

  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.

More Disadvantages...

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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 ₹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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