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Kotak Securities Vs RMoney (Compare Kotak Securities and RMoney)

Kotak Securities Ltd Logo

Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ... Know more about Kotak Securities Ltd

Raghunandan Capital Pvt Ltd Logo

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Agra-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. 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 and 4% of MCX turnover. It has a strong presence in Northe... 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 153 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 153
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Kotak Securities Vs RMoney Charges & AMC

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

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Kotak Securities Vs RMoney Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Kotak Securities Trade Free Plan RMoney Rs 9 Per Trade Plan
Fixed Charges NA
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 9 per executed order
Equity Intraday Free Rs 9 per executed order
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 9 per executed order
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Securities Vs RMoney Brokerage Plan 2

  Kotak Securities RMoney
Account Type Dealer Assisted Plan Rs 999 Per Month Trade Plan
Fixed Charges Rs 499 (One Time) Rs 999
Equity Delivery 0.39% Rs 0
Equity Intraday 0.039% Rs 0
Equity Futures 0.039% Rs 0
Equity Options Rs 39 per lot Rs 0
Currency Futures Rs 9 per lot Rs 0
Currency Options Rs 5 per lot Rs 0
Commodity Futures 0.039% Rs 0
Commodity Options Rs 39 per lot Rs 0
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Kotak Securities Charges Vs RMoney

Minimum Brokerage Rs 21 per executed order Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 50 per call 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 2750 per crore (0.0275%).

  Kotak Securities RMoney
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE: 0.0019% NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options NSE: 0.05% on Premium NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures NSE: 0.0009%, BSE: 0.00022% NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options NSE: 0.035%, BSE: 0.001% NSE Rs 5000 (on premium) per crore (0.05%) | 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 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities RMoney
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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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 Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes 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
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
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Kotak Securities Vs RMoney Review

Kotak Securities is rated 2.4 of 5 based on 183 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Kotak Securities RMoney
  183 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate RMoney
Fees 2.4 4.4
Brokerage 2.3 4.2
Trading Platform 3.2 3.4
Customer Service 2.8 3.8
Research Capabilities 2.5 2.0
Overall Ratings Rated 2.4 stars Rated 3.2 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 183 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire RMoney Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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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 Yes 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
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  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
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  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 Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Free Account Opening
  • Brokerage-Free Intraday trading
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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