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Kotak Securities Vs Tradingo (Compare Kotak Securities and Tradingo)

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 Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities Ltd

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and serv... Know more about Tradingo (Swastika Investmart Ltd)

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Kotak Securities Vs Tradingo

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 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  Kotak Securities Tradingo
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE, BSE, MCX and NCDEX
Year of Incorporation 1994 2016
Number of Branches 153
Open Kotak Securities AccountOpen Tradingo Account

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Kotak Securities Vs Tradingo Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

  Kotak Securities Tradingo
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 250 +GST (From 2nd Year)

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Kotak Securities Vs Tradingo Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type Kotak Securities Trade Free Plan Tradingo Discount Broking Plan
Fixed Charges Nil
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 20 per trade or 2.5% (whichever is lower)
Equity Intraday Free Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per executed order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per executed order
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per executed order
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
Special Offer: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

Kotak Securities Vs Tradingo Brokerage Plan 2

  Kotak Securities Tradingo
Account Type Dealer Assisted Plan Premium Plan
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% 0.3% of trade value
Equity Intraday 0.039% 0.03% of trade value
Equity Futures 0.039% 0.03% of trade value
Equity Options Rs 39 per lot Rs 30 per lot
Currency Futures Rs 9 per lot 0.3% of trade value
Currency Options Rs 5 per lot Rs 30 per lot
Commodity Futures 0.039% 0.3% of trade value
Commodity Options Rs 39 per lot Rs 30 per lot
Open Kotak Securities AccountOpen Tradingo Account

Kotak Securities Charges Vs Tradingo

Minimum Brokerage Rs 21 per executed order Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 50 per call Additional Rs 20 per executed order

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Kotak Securities Vs Tradingo Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium).

  Kotak Securities Tradingo
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 325 per Cr (0.00325%) | BSE Rs 50 per Cr (0.0005%)
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 160 per Cr (0.0016%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 6000 per Cr (0.06%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Open Kotak Securities AccountOpen Tradingo Account

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Kotak Securities Vs Tradingo Leverage (Margin)

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

  Kotak Securities Tradingo
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 Tradingo Account

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Compare Kotak Securities and Tradingo Features

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

  Kotak Securities Tradingo
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 Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Tradingo, Justrade
Intraday Square-off Time Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
Open Kotak Securities AccountOpen Tradingo Account

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Kotak Securities Vs Tradingo Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

  Kotak Securities Tradingo
  198 Customer Reviews    Rate Kotak Securities 6 Customer Reviews    Rate Tradingo
Fees 2.4 4.2
Brokerage 2.3 4.7
Trading Platform 3.2 3.5
Customer Service 2.8 3.8
Research Capabilities 2.7 2.0
Overall Ratings Rated 2.4 stars Rated 4.0 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 198 customer reviews Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Tradingo Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

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Kotak Securities Vs Tradingo Investment Options

  Kotak Securities Tradingo
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 Tradingo Order Type Offered

  Kotak Securities Tradingo
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
Good Till Cancelled (GTC) Yes
Open Kotak Securities AccountOpen Tradingo Account

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Kotak Securities Vs Tradingo Research Report

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

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Kotak Securities Vs Tradingo Suitable For Investor Type

  Kotak Securities Tradingo
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Tradingo - Pros and Cons

  Kotak Securities Tradingo
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.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Tradingo Special Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Open Kotak Securities AccountOpen Tradingo Account

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