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Zerodha Kite Vs Kotak KEAT Pro X Trading Platform Comparison

Compare Trading Platform Zerodha Kite and Kotak KEAT Pro X. Find similarities and differences between Zerodha Kite and Kotak KEAT Pro X Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Zerodha Kite and Kotak KEAT Pro X.

Zerodha Kite Vs Kotak KEAT Pro X

  Zerodha Kite Kotak KEAT Pro X
Zerodha Kite Logo Kotak KEAT Pro X Logo
About Trading Platform

Zerodha Kite is the flagship trading platform offered by Zerodha, India's most popular stock broker. Kite platform has a website and mobile trading app which is developed in-house by Zerodha.

Kotak KEAT Pro X is free desktop trading software (installable trading terminal) to trade across NSE, BSE and NSE currency markets. It provides a range of features to traders that gives you complete control over your investment portfolio, provides live streaming market data, access to research calls and charting tools to analyze your trades.

Platform Owner Zerodha Kotak Securities Limited
Trading Segments Offered NSE Cash, BSE Cash, NSE F&O, BSE F&O, CDS, MCX

Equity, Derivatives, Currency, Mutual Fund, IPO, Corporate Bond, NCD

Products Offered CNC, MIS, NRML, BO, CO

NRML, CNC, MIS

Order Type Offered Limit, Market, SL, SL-M

Market Order, AMO, SL, GTC

Supported Exchanges BSE, NSE, MCX

NSE, BSE

Brokers using this platform
Order Management System (OMS) NEST Order Management Systems (OMS) by Omnesys
Risk Management System (RMA) NEST Risk Management Services (RMS) by Omnesys
Trading Platform Enquiry Open Instant Account with Zerodha Kite Open Instant Account with Kotak KEAT Pro X

Zerodha Kite Vs Kotak KEAT Pro X Review

  Zerodha Kite Kotak KEAT Pro X
Highlights
  • Powerful web and mobile trading application
  • Works well in low bandwidth
  • Charts offered from two providers; TradingView and ChartIQ.
  • Extensive charting with over 100 indicators and 6 chart types
  • Advanced order types like Brackets and cover
  • Build on top of Omnesys OMS and RMS

Key Features of Kotak KEAT Pro X are:

  • Kotak KEAT Pro X provides a single platform to access major exchanges (NSE, BSE and NSE currency) and segments (equities, currencies, and derivatives).
  • Create customized watchlists up to 100 scrips each. Create watchlists of scrips across exchanges.
  • Unique charting tool to make graphs and track past and future performance of the scrips.
  • Live quotes, data on top gainers/losers, most active scrips and more.
  • This platform provides complete control to traders/ investors on their portfolio with real-time information and reports.
  • Hotkeys for faster trading experience.
  • Users can customize the user interface as per their trading preferences.
  • It is available free of cost for customers having a trading account at Kotak Securities.
Features

Kite is superior trading platform loaded with many features which are not provided by its competitor.  As Kite is under active development, Zerodha is bringing in 100's of new features every new version released. Here are few key features which make Kite a unique trading experience. 

  1. Dashboard / Account Summary
  2. Market Watches
  3. Streaming Quotes
  4. Browser Notifications
  5. Market Depth View with Streaming Updates
  6. Floating Order Window
  7. Exit multiple orders/positions in one click
  8. Multiple chart view (4 charts on the same screen)
  9. Trade from charts (place trades from popped out charts)
  10. Order Types: Regular, CO, BO, AMO

Kotak KEAT ProX key features:

  • Keep track on a minute by minute performance of the portfolio, get notifications on transaction made, check profit/loss status and view positions.
  • Create multiple watchlists and track your favourite scrips in real-time.
  • Get live updates and stock recommendations from Research analysts.
  • Use unique charting tools to track the past and future performance of the selected scrips.
  • Basket order option to place multiple orders.
  • Users can download different types of reports on order status, P&L, Open positions, ledger and capital gains etc.
Advantages
  • Clean & intuitive UI
  • ₹0 brokerage for equity delivery and flat ₹20 for F&O trading.
  • Universal search for all contracts across all exchanges - NSE, BSE, MCX
  • Live Steaming quotes
  • Multiple marketwatch and live market depths
  • Advanced chart with 100+ indicators
  • Advance order types including AMO, BO (Bracket orders), CO (Cover orders)
  • Advance trading software for high frequency traders.
  • 30+ technical indicator
  • 5 chart types
  • Customizable watchlist
  • Real-time market access
  • Facility to invest in IPO and Mutual Fund online
Disadvantages
  • Not available as installable trading terminal.
  • Option to investing in IPO's online is not available.
  • Mutual Funds investment is not part of this platform.
  • Reporting is part of a seprate backoffice software.
  • Dependency on Omnesys OMS and RMS systems.
  • KEAT Pro doesn't offer commodity trading services and API integration.
Broker Account Enquiry Open Instant Account with Zerodha Kite Open Instant Account with Kotak KEAT Pro X

Zerodha Kite Vs Kotak KEAT Pro X Features

  Zerodha Kite Kotak KEAT Pro X
Installable Trading Terminal No Yes
Trading Website Yes Yes
Mobile Trading App Yes Yes
API Access Yes No
Offered by Multiple Brokers No No
Equity Trading Yes Yes
Currency F&O Trading Yes Yes
Commodity Trading Yes No
Online IPO Application No Yes
Online Mutual Funds No Yes
Integrated Backoffice No No
Open an Account Open Instant Account with Zerodha Kite Open Instant Account with Kotak KEAT Pro X

Zerodha Kite Vs Kotak KEAT Pro X Charts

  Zerodha Kite Kotak KEAT Pro X
Chart Types Supported 6 5
Chart Indicator 100 30
Place Orders from Chart Yes No
Online Account Opening Open Instant Account with Zerodha Kite Open Instant Account with Kotak KEAT Pro X

Trading Platform Definitions and Abbreviations

  • Back-Office - The back office application facilitate trade analysis, managing funds in the trading account, managing portfolio, pledged holdings, P&L Statements, reports related to tax filings, end of day reports and historical data.
  • OMS – An Order Management System is a software program developed to execute market transactions in an efficient and cost-effective manner. Stockbroker uses OMS to manage orders received from customers.
  • RMS - The risk management system of Trading Platform. This core component manages various risk components while trading. This includes making sure that customer has enough margin available for open positions and take the required actions in case of short of capital.
  • Trading Product Types
    • MIS - Margin Intraday Square-off
    • CNC - Cash n Carry
    • NRML - Normal F&O trades
    • BO - Bracket Order
    • CO - Cover Order
    • AMO - After Market Order
  • Order Types
    • Market Order
    • Limit Order
    • SL Order - Stoploss or trigger
    • SL-M Order - Stoploss Market
  • Exchanges
    • BSE - Bombay Stock Exchange
    • NSE - National Stock Exchange
    • MCX - Multi Commodity Exchange

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