Kotak Neo Vs Tradingo (Compare Kotak Neo and Tradingo)

About Kotak Neo

Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... Know more about Kotak Neo

About Tradingo

Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuri... Know more about Tradingo

Kotak Neo Vs Tradingo

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Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

 Kotak NeoTradingo
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXNSE, BSE, MCX and NCDEX
Year of Incorporation19942016
Number of Branches153
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Kotak Neo Vs Tradingo Charges & AMC

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Kotak Neo trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

 Kotak NeoTradingo
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 600Rs 250 +GST (From 2nd Year)

Kotak Neo Vs Tradingo Brokerage

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Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and Intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account TypeKotak Neo Trade Free PlanTradingo Discount Broking Plan
Fixed ChargesNil
Equity Delivery0.20% (free for the first 30 days)Rs 20 per trade or 2.5% (whichever is lower)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Equity FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 10 per orderRs 20 per executed order
Commodity FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 10 per orderRs 20 per executed order
Special Offer
Special Offer:

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Neo Vs Tradingo Brokerage Plan 2

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 Kotak NeoTradingo
Account TypeTrade Free YouthPremium Plan
Fixed ChargesNil
Equity DeliveryRs 00.3% of trade value
Equity IntradayRs 10 per order or 0.05%, whichever is lower0.03% of trade value
Equity FuturesRs 10 per order0.03% of trade value
Equity OptionsRs 10 per orderRs 30 per lot
Currency FuturesRs 10 per order0.3% of trade value
Currency OptionsRs 10 per orderRs 30 per lot
Commodity FuturesRs 10 per order0.3% of trade value
Commodity OptionsRs 10 per orderRs 30 per lot
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Kotak Neo Vs Tradingo Brokerage Plan 3

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 Kotak NeoTradingo
Account TypeTrade Free ProDiscount Broking Plan
Fixed ChargesRs 249Nil
Equity Delivery0.10% (free for the first 30 days)Rs 20 per trade or 2.5% (whichever is lower)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per trade or 0.05% (whichever is lower)
Equity FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Currency OptionsRs 10 per orderRs 20 per executed order
Commodity FuturesRs 10 per orderRs 20 per trade or 0.05% (whichever is lower)
Commodity OptionsRs 10 per orderRs 20 per executed order
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Kotak Neo Charges Vs Tradingo

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Minimum BrokerageRs 0
Other ChargesReal Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade ChargesRs 49 + GST per executed orderAdditional Rs 20 per executed order
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Kotak Neo Vs Tradingo Leverage (Margin)

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Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 Kotak NeoTradingo
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Kotak Neo and Tradingo Features

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The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Tradingo offers Tradingo, Justrade trading software.

 Kotak NeoTradingo
3 in 1 AccountYesNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformKotak Neo Trading App, Kotak Neo Web, Nest Trading TerminalTradingo, Justrade
Intraday Square-off Time3:20 P.MEq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?YesNo
Referral ProgramNoNo
Other Features3-in-1 account
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Kotak Neo Vs Tradingo Review

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Kotak Neo is rated of 5 based on 202 customer reviews whereas Tradingo is rated of 5 based on 6 customer reviews.

 Kotak NeoTradingo
 202 Customer Reviews    Rate Kotak Neo6 Customer Reviews    Rate Tradingo
FeesRated 2.4 starsRated 4.2 stars
BrokerageRated 2.3 starsRated 4.7 stars
Trading PlatformRated 3.2 starsRated 3.5 stars
Customer ServiceRated 2.8 starsRated 3.8 stars
Research CapabilitiesRated 2.7 starsRated 2.0 stars
Overall RatingRated 2.4 starsRated 4.0 stars
Broker RatingKotak Neo is Rated 2.4 / 5 based on 202 customer reviewsTradingo is Rated 4.0 / 5 based on 6 customer reviews

Contact Broker / Request A Call Back

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 Kotak NeoTradingo
Contact Broker

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Neo Vs Tradingo Investment Options

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 Kotak NeoTradingo
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Kotak Neo Vs Tradingo Order Type Offered

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Kotak Neo Vs Tradingo Suitable For Investor Type

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 Kotak NeoTradingo
Casual InvestorYesNo
Active InvestorYesYes
TraderNoYes

Kotak Neo Vs Tradingo - Pros and Cons

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 Kotak NeoTradingo
Pros
  • Kotak Neo is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes.
  • Kotak Neo website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years.
  • The account switching fees for existing clients is Rs 499.
  • Margin funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Promo / Offers

Kotak Neo Special Offer

Kotak Neo Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage – Rs 10 Intraday trades (Equity and F&O)
  • Flat Rs 10 per trade brokerage in F&O
  • Zero API charges with zero brokerage on API-routed trades
  • Margin Trading Facility (MTF) with interest starting from 0.041% per day

Interested in opening a trading account? Open Instant Account Now

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Side-by-Side Comparison of Broker

Kotak Neo-vs-Tradingo - Broker Comparison