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LKP Securities Vs Trading Bells – Share Brokers Comparison
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LKP Securities Vs Trading Bells
Here is a point by point comparison of LKP Securities Vs Trading Bells. LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
Discount brokers such as Trading Bells offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as LKP Securities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between LKP Securities Vs Trading Bells to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| LKP Securities Review | Trading Bells Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1948 | 2014 |
| Number of branches across India | 17 | 1 |
| Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE, MCX, MCX – SX and NCDEX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹250 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹200 | ₹0 |
| Transaction Charges | LKP Securities Transaction Charges | Trading Bells Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | ₹0 |
| Intraday Delivery | 0.01% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Futures | 0.01% | 0.01% or ₹20 per executed order whichever is lower |
| Equity Options | ₹10 per lot | Flat ₹20 per executed order |
| Currency Futures | 0.007% | 0.01% or ₹20 per executed order whichever is lower |
| Currency Options | ₹10 per lot | Flat ₹20 per executed order |
| Commodity | 0.01% | 0.01% or ₹20 per executed order whichever is lower |
| Brokerage Calculator | LKP Securities Brokerage Calculator | Trading Bells Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 Times for Intraday, For Delivery upto 2 times | Upto 20 times Intraday & 3 times for Delivery |
| Equity Futures | Upto 2 times Intraday | Upto 4 times for Intraday |
| Equity Options | Buying No Margin, Shorting upto 2 times for Intraday | Buying no leverage, Shorting upto 4 times |
| Currency Futures | Upto 1.5 times Intraday | Upto 4 times for Intraday |
| Currency Options | Upto 2 times Intraday | Upto 4 times for Intraday |
| Commodities | Upto 2 times Intraday | Upto 4 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | ODIN, NETNET Lite, NSE Now, Mobile Trade |
| Total BSE+NSE Complaints | 32 | 9 |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with LKP Securities Vs Trading Bells for the benefits of other readers. Please feel free to share in the comments below.
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LKP Securities Vs Trading Bells
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