Comparison –  Kotak Securities Vs Trade Bulls

Kotak Securities Trade Bulls
Year of Incorporation 1994 2009
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX, MCX-SX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL CDSL
Brokerages
Equity 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront 0.03% for Intraday & 0.3% for Delivery – Negotiable
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.03% of Turnover – Negotiable
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 50/lot – Negotiable
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.03% of Turnover- Negotiable
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/lot- Negotiable
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.03% of Turnover- Negotiable
Account opening charges
Trading and Demat NA Free
Only Trading Rs 750 Free
Commodity Rs 250 Free
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 22 days on ODIN
Margins & Leverage Provided
Equity Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum Up to 40 Times
Equity Futures Upto 5 times Intraday 8 to 10 Times
Equity Options Buying No Margin, Shorting upto 2 times for Intraday 5 to 8 Times
Currency Futures Upto 2 times Intraday 5 Times
Currency Options Buying No Margin, Shorting upto 2 times for Intraday 5 Times
Commodity Upto 2 times Intraday Up to 5 To 8 Times
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES No