Trading Bells vs Kotak Securities Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
About Kotak Securities
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Kotak Securities: An Overview of the Stock Broker
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Trading Bells vs Kotak Securities Account Opening Charges: 2024
| Charge | Trading Bells | Kotak Securities |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹750 |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹600 per year |
Trading Bells vs Kotak Securities Brokerage Charges and Plans : 2024
| Charge | Trading Bells | Kotak Securities |
|---|---|---|
| Plan Name | N/A | Fixed Brokerage Plan |
| Equity Delivery | ₹ 0 | 0.49% |
| Equity Intraday | ₹ 20 per executed order | 0.049% (both side) |
| Equity Futures | ₹ 20 per executed order | 0.049% (both side) |
| Equity Options | ₹ 20 per executed order | ₹300 per lot |
| Currency Futures | ₹ 20 per executed order | N/A |
| Currency Options | ₹ 20 per executed order | N/A |
| Commodity Options | ₹ 20 per executed order | Futures 0.070% |
| Mutual Fund | N/A | N/A |
Trading Bells vs Kotak Securities Margin / Exposure: 2024
| Segment | Trading Bells | Kotak Securities |
|---|---|---|
| Equity Delivery | 1x | N/A |
| Equity Intraday | Up to 10x for Most Scrips | N/A |
| Equity Future | Intraday: 3x | Carry: 1x | N/A |
| Equity Options | 1x | N/A |
| Currency Future | Intraday: 3x | Carry: 1x | N/A |
| Currency Options | Intraday: 3x | Carry: 1x | N/A |
| Commodity Future | Intraday: 3x | Carry: 1x | N/A |
| Commodity Options | N/A | N/A |