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Kotak Securities Vs Tradeplus (Compare Kotak Securities and Tradeplus)

Kotak Securities Ltd Logo

About 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

Tradeplus (Navia Markets Ltd) Logo

About Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual... Know more about Tradeplus (Navia Markets Ltd)

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Kotak Securities Vs Tradeplus

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 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Kotak Securities Tradeplus
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 1995
Number of Branches 153
Open Kotak Securities AccountOpen Tradeplus Account

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Kotak Securities Vs Tradeplus Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Tradeplus account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Tradeplus Demat Account AMC Charges is Rs 0.

  Kotak Securities Tradeplus
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 0

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Kotak Securities Vs Tradeplus Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

Account Type Kotak Securities Trade Free Plan Tradeplus Flat Zero brokerage Scheme
Fixed Charges As per segment
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 0 (Free)
Equity Intraday Free NA
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 799 per month (unlimited trading)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 99 per month (unlimited trading)
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 99 per month (unlimited trading)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 99 per month (unlimited trading)
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 99 per month (unlimited trading)
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 99 per month (unlimited trading)
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 Tradeplus Brokerage Plan 2

  Kotak Securities Tradeplus
Account Type Dealer Assisted Plan Flexi Brokerage Plan
Fixed Charges Rs 499 (One Time) NA
Equity Delivery 0.39% Rs 0 (Free)
Equity Intraday 0.039% Lower of - Rs 9 per trade or 0.01%
Equity Futures 0.039% Rs 9 per executed order
Equity Options Rs 39 per lot Rs 9 per executed order
Currency Futures Rs 9 per lot Rs 9 per executed order
Currency Options Rs 5 per lot Rs 9 per executed order
Commodity Futures 0.039% Rs 9 per executed order
Commodity Options Rs 39 per lot Rs 9 per executed order
Open Kotak Securities AccountOpen Tradeplus Account

Kotak Securities Charges Vs Tradeplus

Minimum Brokerage Rs 21 per executed order
Other Charges SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 50 per call Flat Rs 75 per day

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Kotak Securities Vs Tradeplus Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Tradeplus exchange transaction charges for options is Rs 7800 per crore (0.078%)(on premium).

  Kotak Securities Tradeplus
Equity Delivery NSE: 0.00325%, BSE: 0.00325% Rs 345 per crore (0.00345%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% Rs 345 per crore (0.00345%) (sale side)
Equity Futures NSE: 0.0019% Rs 360 per crore (0.0036%)
Equity Options NSE: 0.05% on Premium Rs 7800 per crore (0.078%)(on premium)
Currency Futures NSE: 0.0009%, BSE: 0.00022% Rs 140 per crore (0.0014%)
Currency Options NSE: 0.035%, BSE: 0.001% Rs 6000 (on premium) per crore (0.06%)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% Rs 500 (0.005%)
Open Kotak Securities AccountOpen Tradeplus Account

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Kotak Securities Vs Tradeplus Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradeplus margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Tradeplus
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)
Open Kotak Securities AccountOpen Tradeplus Account

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Compare Kotak Securities and Tradeplus Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Tradeplus offers INFINI, NSE NOW trading software.

  Kotak Securities Tradeplus
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 Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite INFINI, NSE NOW
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
Open Kotak Securities AccountOpen Tradeplus Account

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Kotak Securities Vs Tradeplus Review

Kotak Securities is rated 2.3 of 5 based on 184 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  Kotak Securities Tradeplus
  184 Customer Reviews    Rate Kotak Securities 37 Customer Reviews    Rate Tradeplus
Fees 2.4 3.4
Brokerage 2.3 4.1
Trading Platform 3.2 2.8
Customer Service 2.8 2.6
Research Capabilities 2.5 1.8
Overall Ratings Rated 2.3 stars Rated 2.9 stars
Broker Rating Kotak Securities is rated 2.3 of 5 based on 184 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Tradeplus 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 Tradeplus Investment Options

  Kotak Securities Tradeplus
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

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Kotak Securities Vs Tradeplus Order Type Offered

  Kotak Securities Tradeplus
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Kotak Securities AccountOpen Tradeplus Account

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Kotak Securities Vs Tradeplus Research Report

  Kotak Securities Tradeplus
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Kotak Securities Vs Tradeplus Suitable For Investor Type

  Kotak Securities Tradeplus
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Tradeplus - Pros and Cons

  Kotak Securities Tradeplus
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. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or Rs 90 per month.
  4. Analysis tools available for intraday trading.
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. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
Reviews
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
Open Kotak Securities AccountOpen Tradeplus Account

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