Kotak Securities Vs TradeJini
| |Kotak Securities Vs TradeJini 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.
Kotak Securities Vs TradeJini Comparison
Here is a point by point comparison of Kotak Securities Vs TradeJini.
Kotak Securities was founded in the year 1994 and currently has a customer base of 12 lakh with presence in over 1200 branches. It provides an array of financial assets for its client to trade in along with a range of high trading platforms.
TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as TradeJini is Online, be it – customer service, trading, account opening etc. Full-service brokers such as Kotak Securities, on the other hand, 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 Kotak Securities Vs TradeJini 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.
Kotak Securities Vs TradeJini Compare
Tradejini Review | Kotak Securities Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2012 | 1994 |
Number of branches across India | 1 | 1209 |
Exchanges | BSE, NSE, MCX and MCX SX | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹300 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹600 |
Transaction Charges | Tradejini Transaction Charges | Kotak Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | 0.49% |
Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.049% |
Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.049% |
Equity Options | ₹20 per executed order | ₹300 per lot |
Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | 0.04% |
Currency Options | ₹20 per executed order | ₹20 per lot |
Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | NA |
Brokerage Calculator | Tradejini Brokerage Calculator | Kotak Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 Times for Intraday, & No leverage for Delivery | Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of ₹75/Lakh/day or @24%/annum |
Equity Futures | Normally 2.5 times with stop loss upto 5 times | Upto 5 times Intraday |
Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times | Buying No Margin, Shorting upto 2 times for Intraday |
Currency Futures | NA | Upto 2 times Intraday |
Currency Options | NA | Buying No Margin, Shorting upto 2 times for Intraday |
Commodities | Upto 3 times for Intraday | Upto 2 times 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) | NEST, NSE Now, NSE Mobile Trading App | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
Total BSE+NSE Complaints | 9 | 172 |
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 Kotak Securities Vs TradeJini for the benefits of other readers? Please feel free to share in the comments below.
*NSE Complaints Percentage: Lower is this number, Better is the broker.
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.
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