Comparison –  Kotak Securities Vs Tradejini

Kotak Securities Tradejini
Year of Incorporation 1994 2012
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, & MCX
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 Rs 20 per executed order 0r 0.01%/0.1% for intraday/delivery whichever is lower
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20 per executed order 0r 0.01% whichever is lower
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20 per executed order 0r 0.01% whichever is lower
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20 per executed order 0r 0.01% whichever is lower
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20 per executed order 0r 0.01% whichever is lower
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20 per executed order 0r 0.01% whichever is lower
Account opening charges
Trading and Demat NA Rs 600
Only Trading Rs 750 Rs 300
Commodity Rs 250 Rs 300
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 22 Days on NEST
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 Upto 20 Times for Intraday, & No leverage for Delivery
Equity Futures Upto 5 times Intraday Upto 2 times for Intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday For Buying No leverage, For Shorting upto 2 times for Intraday
Currency Futures Upto 2 times Intraday NA
Currency Options Buying No Margin, Shorting upto 2 times for Intraday NA
Commodity Upto 2 times Intraday Upto 2 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO