Comparison –  Trade Bulls Vs Kotak Securities

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