LKP Securities Vs TradeBulls
| |LKP Securities Vs TradeBulls comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
LKP Securities Vs TradeBulls Comparison
Here is a point by point comparison of LKP Securities Vs TradeBulls.
LKP Securities is a full-service stock broker based out of Mumbai and has a 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.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a Full-Service Stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
Full-service brokers such as LKP Securities or TradeBulls will help you, spoon feed you, handhold 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 TradeBulls 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
LKP Securities Vs TradeBulls Compare
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
LKP Securities Review | Tradebulls Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1948 | 2009 |
Number of branches across India | 17 | 18 |
Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE, MCX-SX, NCDEX and MCX |
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 | ₹350 |
Transaction Charges | LKP Securities Transaction Charges | Tradebulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.1% | 0.2% |
Intraday Delivery | 0.01% | 0.02% |
Equity Futures | 0.01% | 0.02% |
Equity Options | ₹10 per lot | 0.02% |
Currency Futures | 0.007% | 0.01% |
Currency Options | ₹10 per lot | 0.01% |
Commodity | 0.01% | 0.01% |
Brokerage Calculator | LKP Securities Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 Times for Intraday, For Delivery upto 2 times | Upto 10 times Intraday & 3 to 5 times for Delivery |
Equity Futures | Upto 2 times Intraday | 2 times |
Equity Options | Buying No Margin, Shorting upto 2 times for Intraday | 3 times |
Currency Futures | Upto 1.5 times Intraday | 2 times |
Currency Options | Upto 2 times Intraday | 3 times |
Commodities | Upto 2 times Intraday | 3 times |
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 | Tradebulls Client, Diet, Touch Mobile App |
Total BSE+NSE Complaints | 32 | 17 |
OVERALL RATING | ||
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with LKP Securities Vs TradeBulls for the benefits of other readers?
Please feel free to share in the comments below.
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