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Kotak KEAT Pro X Vs Finvasia ScalperT Trading Platform Comparison

Compare Trading Platform Kotak KEAT Pro X and Finvasia ScalperT. Find similarities and differences between Kotak KEAT Pro X and Finvasia ScalperT Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Kotak KEAT Pro X and Finvasia ScalperT.

Kotak KEAT Pro X Vs Finvasia ScalperT

 Kotak KEAT Pro XFinvasia ScalperT
Kotak KEAT Pro X LogoFinvasia ScalperT Logo
About Trading Platform

KEAT Pro X is a free, downloadable online trading software that helps traders trade in BSE, NSE and NSE currency markets. It is a high-speed trading tool that helps traders buy and sell securities, manage their portfolio, and monitor the market.

ScalperT is an in-house developed web and mobile-based trading platform. Launched in 2017, the platform can be accessed across browser and is available for Android users on mobile.

Platform OwnerKotak Securities LimitedFinvasia Securities Private Limited
Trading Segments Offered

Equity, Derivatives, Currency, MFs, IPOs, Bonds

Stocks, Commodity, Currency, Derivatives

Products Offered

KEAT Pro X, Website Trading, Xtralite, FastLane, StockTrader

ScalperT Web, ScalperT Mobile App

Order Type Offered

Stop Loss, Limit, Market, GTC, Smart, Bracket

Normal, MIS, Stop Limit, Market, Limit, Stop, Cover, Bracket Order

Supported Exchanges

NSE, BSE

BSE, NSE, MCX

Brokers using this platformKotak SecuritiesFinvasia Securities Private Limited
Order Management System (OMS)

Omnesys OMS

Risk Management System (RMA)

Omnesys RMS

Trading Platform EnquiryOpen Instant Account with Kotak KEAT Pro X

Kotak KEAT Pro X Vs Finvasia ScalperT Review

 Kotak KEAT Pro XFinvasia ScalperT
Product Highlights

KEAT Pro X is used by over 13 lakh customers and more than 5 lakh trades are conducted using it. The installable trading platform facilitates trading in equities, derivatives, currency derivatives etc., in NSE and BSE. Some of the key highlights of the software are-

  • This online trading software comes completely free to customers of Kotak Securities.
  • Single platform to get access to BSE, NSE and NSE currency markets and trade in equities, derivatives, and currencies using a single platform.
  • The trading tool is highly customizable to suit individual trader needs. It allows creating multiple watchlists with any combination of scrips, sectors, and indices. It also allows customization of the User Interface as per convenience.
  • It gives a trader complete control over his portfolio. He can view confirmations of orders placed, sell from existing holdings, view live on market depth, trade long contracts and monitor profits and losses.

Major highlights of the trading platform are-

  • Developed in-house leveraging Omnesys APIs, OMS, and RMS
  • Available as a browser-based platform and a mobile app on Android.
  • Facilitates trade at BSE, NSE, and MCX.
  • Integrated with the demat account
Key FeaturesKotak-Keat-Pro

Source: Kotak

KEAT Pro X offers a wide range of features to help traders trade with speed and ease. Some of the key features of the trading tool are-

  • Facility to track minute by minute performance of the investment portfolio.
  • Updates on trades executed, view positions and real-time profit/loss on individual trades.
  • Access to stock recommendations and market insights from the research division.
  • Live-streaming of Stock Market data. Get live stock quotes, Market lots, top gainers/losers, Sensex, Nifty etc.
  • Facility to create personalized watchlists for real-time monitoring of stocks. Create multiple watchlists with each watchlist up to 100 scrips. Combine scrips across exchanges in a single watchlist.
  • Advanced charting with unique tools to track the performance of scrips.
  • Tools for high-speed trading.
Finvasia Charts

Source: Finvasia

Some of the key features of the trading platform are-

  • Trade Stocks, F&O, Currency and Commodities
  • Historical Data with multiple time period options
  • Real-time charts with 40 indicators
  • Real-time update on your portfolio, positions, and PnL
  • Custom market watch list
  • Directly trade from Charts
  • Various order types: Normal, MIS, Stop Limit, Market,
  • View your trading positions (Day and Net)
  • Online fund transfer from over 30 banks
Advantages
  • Integrated platform allows for a seamless trading experience.
  • Advanced charting features
  • Supports most of the desktop and mobile platforms
  • Simple interface with fast trading experience
  • Equipped with the highest level of security
  • Free trading software
  • Zero brokerage and fees on trades
  • No Clearing charges when trading on NSE
  • Free Call & Trade services
  • Built using Omnesys APIs, OMS and RMS system
  • Facility to buy and sell IPO and Bonds
Disadvantages

The trading terminal doesn't supports commodity trading

  • BTST (Buy-Today-Sell-Tomorrow) feature is not available.
  • Scanners are not available.
Account Opening EnquiryOpen Instant Account with Kotak KEAT Pro X

Kotak KEAT Pro X Vs Finvasia ScalperT Features

 Kotak KEAT Pro XFinvasia ScalperT
Installable Trading TerminalYesNA
Trading WebsiteYesYes
Mobile Trading AppYesYes
API AccessNoNo
Offered by Multiple BrokersNoNo
Equity TradingYesYes
Currency F&O TradingYesYes
Commodity TradingNoYes
Online IPO ApplicationYesYes
Online Mutual FundsYesNo
Integrated BackofficeNoDonot Know
Open an AccountOpen Instant Account with Kotak KEAT Pro X

Kotak KEAT Pro X Vs Finvasia ScalperT Charts

 Kotak KEAT Pro XFinvasia ScalperT
Chart Types Supported512
Chart Indicator3040
Place Orders from ChartNoYes
Online Account OpeningOpen Instant Account with Kotak KEAT Pro X

Kotak KEAT Pro X Vs Finvasia ScalperT Features

Trading Platform Definitions and Abbreviations

  • Back-Office - The back office application facilitate trade analysis, managing funds in the trading account, managing portfolio, pledged holdings, P&L Statements, reports related to tax filings, end of day reports and historical data.
  • OMS – An Order Management System is a software program developed to execute market transactions in an efficient and cost-effective manner. Stockbroker uses OMS to manage orders received from customers.
  • RMS - The risk management system of Trading Platform. This core component manages various risk components while trading. This includes making sure that customer has enough margin available for open positions and take the required actions in case of short of capital.
  • Trading Product Types
    • MIS - Margin Intraday Square-off
    • CNC - Cash n Carry
    • NRML - Normal F&O trades
    • BO - Bracket Order
    • CO - Cover Order
    • AMO - After Market Order
  • Order Types
    • Market Order
    • Limit Order
    • SL Order - Stoploss or trigger
    • SL-M Order - Stoploss Market
  • Exchanges
    • BSE - Bombay Stock Exchange
    • NSE - National Stock Exchange
    • MCX - Multi Commodity Exchange