Kotak Securities Vs Tradeplus (Compare Kotak Securities and Tradeplus)

Kotak Securities Vs Tradeplus

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 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	1209
	Enquire Kotak Securities	Enquire Tradeplus

Kotak Securities Vs Tradeplus Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Tradeplus account opening changes is Rs 0. 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 750	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 600	Rs 0

Kotak Securities Vs Tradeplus Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Tradeplus brokerage charges for equity is Rs 0 (Free) and intraday is NA.

	Kotak Securities	Tradeplus
Account Type	Fixed Brokerage Plan	Flat Zero brokerage Scheme
Fixed Charges		As per segment
Equity Delivery	0.49%	Rs 0 (Free)
Equity Intraday	0.049% (both side)	NA
Equity Futures	0.049% (both side)	Rs 799 per month (unlimited trading)
Equity Options	Rs 300 per lot	Rs 99 per month (unlimited trading)
Currency Futures		Rs 99 per month (unlimited trading)
Currency Options		Rs 99 per month (unlimited trading)
Commodity Futures	0.070%	Rs 99 per month (unlimited trading)
Commodity Options		Rs 99 per month (unlimited trading)
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: Brokerage Free equity delivery trading (truly no commission) and Flat Rs 9 intranet and F&O trade brokerage. Get the offer

Kotak Securities Vs Tradeplus Brokerage Plan 2

	Kotak Securities	Tradeplus
Account Type	Dynamic Brokerage Plan	Flexi Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.59% to 0.30%	Rs 0 (Free)
Equity Intraday	0.06% to 0.05%	Lower of - Rs 9 per trade or 0.01%
Equity Futures	0.07% to 0.05%	Rs 9 per executed order
Equity Options	2.5% to 1.8%	Rs 9 per executed order
Currency Futures	0.04% or Rs 20 per lot	Rs 9 per executed order
Currency Options	Rs 20 to Rs 7.5 per lot	Rs 9 per executed order
Commodity Futures		Rs 9 per executed order
Commodity Options		Rs 9 per executed order
	Enquire Kotak Securities	Enquire Tradeplus

Kotak Securities Charges Vs Tradeplus

Minimum Brokerage	Rs 21 per executed order
Other Charges	SMS Alerts at Rs 50 per month	SMS Charges: Rs 100 per segment.
Call & Trade Charges	Rs 20 per call after first 20 free calls in a month	Flat Rs 75 per day

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%)
	Enquire Kotak Securities	Enquire Tradeplus

Kotak Securities Vs Tradeplus 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 Tradeplus 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	Tradeplus
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)
	Enquire Kotak Securities	Enquire Tradeplus

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	INFINI, NSE NOW
Intraday Square-off Time
Other Features	3-in-1 account
Referral Program
	Enquire Kotak Securities	Enquire Tradeplus

Kotak Securities Vs Tradeplus Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas Tradeplus is rated 3.0 of 5 based on 35 customer reviews.

	Kotak Securities	Tradeplus
	170 Customer Reviews	35 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews	Tradeplus is rated 3.0 of 5 based on 35 customer reviews

Kotak Securities Vs Tradeplus Investment Options

	Kotak Securities	Tradeplus
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs Tradeplus Order Type Offered

	Kotak Securities	Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Kotak Securities	Enquire Tradeplus

Kotak Securities Vs Tradeplus Research Report

	Kotak Securities	Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs Tradeplus Suitable For Investor Type

	Kotak Securities	Tradeplus
Casual Investor
Active Investor
Trader

Kotak Securities Vs Tradeplus - Pros and Cons

	Kotak Securities	Tradeplus
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 trading plans available for frequent traders. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment. Low demat AMC or Rs 90 per month. Analysis tools available for intraday trading.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	Customer has to pay software charges. High call & trade charges. Rs 1000 per month. Lower margin.
Reviews
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.	Free Equity Delivery Trade + Flat Rs 9 intranet and F&O trade Get free equity delivery trading (zero brokerage) and pay flat Rs 9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
	Enquire Kotak Securities	Enquire Tradeplus