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Kotak Securities Vs TradePlusOnline Vs Nuvama Wealth: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of TradePlusOnline ranges between Max Rs 9, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker TradePlusOnline and Nuvama Wealth are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, TradePlusOnline is rated 3.5, Nuvama Wealth is rated 3.5 out of 5.

Here we present side-by-side comparison of Kotak Securities vs TradePlusOnline vs Nuvama Wealth stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Kotak Securities vs TradePlusOnline vs Nuvama Wealth on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Kotak Securities vs TradePlusOnline vs Nuvama Wealth in this setion with 360 degree view of broker information.

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Service

  Kotak Securities Compare
Kotak Securities
TradePlusOnline Compare
TradePlusOnline
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms. One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... Know more about Nuvama Wealth
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs TradePlusOnline vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, TradePlusOnline charges Free AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Charges Kotak Securities TradePlusOnline Nuvama Wealth
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - TradePlusOnline offers Monthy Plans where Kotak Securities and Nuvama Wealth doesn't offer.

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Plan Options
Plan Types Kotak Securities TradePlusOnline Nuvama Wealth
Multiple Plans Yes Yes Yes
Monthly Plans No Yes No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealthon Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Brokerage Charges Compare Kotak Securities TradePlusOnline Nuvama Wealth
Plan Name Kotak Securities Trade Free Plan Smart Flat Brokerage Plan Nuvama Lite
Equity Delivery 0.25% Free Flat Rs. 10 per executed order
Equity Intraday Free 0.05% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9 Flat Rs. 10 per executed order
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9 Flat Rs. 10 per executed order
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 9 0.01%
Minimum Brokerage Rs 21 per executed order
Hidden Charges No No
Funding 12.49% interest PA Yes - 24% interest PA Yes - 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Rs 20 per call
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade Rs 20
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for TradePlusOnline Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Transaction Charges

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Transaction Charges Compare Kotak Securities TradePlusOnline Nuvama Wealth
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for tradeplus Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Account Features

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where TradePlusOnline and Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Account Features Compare Kotak Securities TradePlusOnline Nuvama Wealth
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No No No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features Charting & Tech Tools -YES - INFINI POWER - MCX and Equities NIL
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Trading Platform

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs TradePlusOnline vs Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Trading Platform Compare Kotak Securities TradePlusOnline Nuvama Wealth
Desktop Trading Platform Neo Rocketplus Xtreme Trader
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://infini.tradeplusonline.com/

https://tlounge.edelweiss.in/Login

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo RocketPlus Mobile Trading App Nuvama Mobile Trader
Mobile Trading App Demo Kotak Neo Demo RocketPlus Mobile Trading App Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod RocketPlus Mobile Trading App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS RocketPlus Mobile Trading App Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for TradePlusOnline Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for TradePlusOnline Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for tradeplus Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on User Rating

  Kotak Securities TradePlusOnline Nuvama Wealth
  82 Customer Reviews    Rate Kotak Securities 27 Customer Reviews    Rate TradePlusOnline 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Investment Offerings

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities and Nuvama Wealth offers PMS facility where TradePlusOnline doesn't offers PMS facility.

Investment Offerings - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Investment Offerings Compare Kotak Securities TradePlusOnline Nuvama Wealth
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No Yes
PMS Service Yes No Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Order Types

Order Type - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities and TradePlusOnline provides Bracket Orders (BO) facility where Nuvama Wealth doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Kotak Securities and TradePlusOnline offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.

Order Types - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Order Type Compare Kotak Securities TradePlusOnline Nuvama Wealth
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes No
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Customer Service Offered

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Customer Service

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
Customer Service Compare Kotak Securities TradePlusOnline Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes No Yes
Customer Care Number 1800 209 9191 044-49427500 / 080 37017382 1800 102 3335
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank http://support.tradeplusonline.com/support/solutions https://www.nuvamawealth.com/investology
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.kotaksecurities.com https://tradeplusonline.com https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Research Reports, Tips

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
  Kotak Securities TradePlusOnline Nuvama Wealth
Research Mutual Funds Yes No Yes
Research Equity Reports Yes No Yes
Research ETF Yes No Yes
Daily Market Report Yes No Yes
Free Tips Yes No Yes
Quarterly Result Analysis Yes No Yes
News Alerts Yes Yes Yes
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Demat Account

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Demat Account

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth
  Kotak Securities TradePlusOnline Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 49200 86500 19100
Demat Account Annual Maintenance Charges(AMC) ₹780 pa A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. Free (₹1500 one time charges)
Advance Deposit NA NIL NIL
Statutory charges Nil NIL Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction. 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹3 per certificate + ₹50 courier charges A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF ₹2 per certificate + ₹30 courier charges
Remat ₹10 for every hundred securities (Min ₹15) Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities. ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL Nil
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges Nil Rs.15.00 Per Transaction. Nil
Other Charges Nil 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges. Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Special Offers and Promotion

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs TradePlusOnline vs Nuvama Wealth on Special Offers and Promotion
  Kotak Securities TradePlusOnline Nuvama Wealth
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. NA
Bank Detail Direct from your Kotak Mahindra bank account. NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Zero account opening charges and no maintenance fee.
  • Free investment in stocks (delivery trading).
  • The cheapest flat brokerage of Rs. 9 per order.
  • Free derivative trading.
  • 0 brokerage investment in direct mutual funds.
  • Cutting-edge RocketPlus technology trading platforms.
  • Advanced orders like basket orders and GTT orders.
  • Margin Trading Funding (MTF).
  • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
  • UNIV free learning platform for beginners.

Detail Review...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • Does not offer a 3-in-1 account.
  • Being a discount broker, it does not provide research & advisory.
  • Very high call & trade charges.

Detail Review...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo
Enquire for Kotak Securities Enquire for TradePlusOnline Enquire for Nuvama Wealth

Last Updated on 2024-06-28T04:56:37+00:00