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Kotak KEAT Pro X Review


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NamePhone
EmailCity
State
Are you a day trader?
Exchange

NSE, BSE

Segments

Equity, Derivatives, Currency, MFs, IPOs, Bonds

Products

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

Order Types

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

Kotak KEAT Pro X Key Features
WebsiteYes
Mobile AppYes
Installable Trading TerminalYes
API'sNo
Online IPOYes
Mutual FundsYes
Integrated BackofficeNo
Chart Types5
Chart Indicators30
Charts in same window

KEAT Pro X from Kotak Securities is a free, fast and installable trading software. The trading tool allows traders to invest in equities, derivatives, and currency etc., in NSE and BSE from their desktops and laptops. The trading tool is known among traders for its speed and ease of use. The tool offers many features to traders to facilitate quick and easy trading.

Traders can place orders, view order reports and create multiple watchlists to keep a track on the stocks and markets. It also helps traders check live scrips across exchanges and segments.

Kotak KEAT Pro X Advantages / Disadvantages

ProsCons
  • An integrated platform ensures that activities done in one tool is accessible on other. For example, if you create a watchlist on the trading terminal, you can access it on the website and mobile app.
  • Advanced charting features with 30+ indicators, 5 chart types, a load of historical data and unique drawing tools help you deeply analyze your stocks.

KEAT Pro X doesn't support trading in commodities. However, Kotak has a different website www.kotakcommodities.com and terminal called ' KC Trader X' which offers services in commodity trading.

Trading Platform Owner

Kotak Securities Limited

Incorporated in 1994, Kotak Securities is a subsidiary of Kotak Mahindra Bank and is one of the largest stock brokerage company. As on 31st March 2017, the company has ₹ 153 crores of Assets Under Management (AUM) and over 13.59 Lakh customer accounts. It facilitates over 5 Lakh trades per day.

Kotak Securities has its presence across the country with 1281 branches, franchisees and satellite offices spread across 377 cities in India. The company is a corporate member of BSE and NSE. IT is a depository participant of NSDL and CDSL.

Kotak Securities has a good presence in the Asia Pacific, European, Middle Eastern and American markets. This helps its customers invest in foreign markets.

Kotak KEAT Pro X 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.

Kotak KEAT Pro X Key Features

Kotak-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.

Kotak KEAT Pro X Features Explained

Watchlists

Kotak-Keat-Prox

Source: Kotak

KEAT Pro X allows traders to create personalized watchlists and monitor in real time, stocks of their choice. Traders can create multiple watchlists and add up to 100 scrips in each watchlist. They can combine scrips from different exchanges BSE, NSE and the currency market in a single watchlist. The created watchlist in KEAT Pro X can also be accessed on website trading platform and on the Mobile Stock Trader app.

Charting Tools

KEAT Pro X offers good charting tools for traders to create graphs and charts tracking the past and future projected performance of the desired scrips. The trading tool offers 30 indicators, 5 charting types and around 10 drawing tools to analyze stocks. It provides intraday and historical charting timeline of 20 days and 5 years respectively. Traders can also directly place orders from the charts.

Kotak KEAT Pro X Trading Platform Demo

KEAT Pro X Demo

Kotak KEAT Pro X Feedback by Customers

Customers are satisfied with the range of features offered in Kotak Keat. However, some have experienced user interface issues and some have suggested improvements in watchlists. High system requirements is also an issue with some customers.

Products Offered by Kotak KEAT Pro X

KEAT Pro X: KEAT Pro X is an installable trading platform that facilitates trading in equities, derivatives, currency derivatives etc., in NSE and BSE. The software comes completely free and is a single platform to get access to BSE, NSE and NSE currency markets and trade in equities, derivatives, and currencies. 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 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.

Website Trading: The Kotak Securities website allows traders to trade in their favorite investment instruments from the website. They can invest in equities, derivatives, mutual funds, IPOs etc., from the website. They can manage and monitor their portfolio from the portfolio tracker. The tracker also helps them understand the performance of each of their investments in real-time. Traders can get access to various reports and research insights from the website.

Xtralite: It is a light-weight trading website designed for people who have slow internet connectivity or want to get access to the website on a mobile phone. Xtralite offers most of the features available in the website. Traders can place orders, monitor their portfolio, manage their funds and get access to research insights here.

Fastlane: It is a Java-based trading application designed for people who have old computers or don’t have a computer powerful enough to run the installable trading terminal. Fastlane allows traders to track the markets live, make trades, create watchlists, check funds and access to research insights.

Stock Trader: It is a mobile application that allows traders to access the stock market right from a mobile. It is available on Android, iOS, BlackBerry, Symbian, Bada and Java-based handsets. The app facilitates trading in equities, derivatives, and currencies, track the markets and manage the portfolio on the move. You can also create watchlists and manage funds here.

Order Types Offered by Kotak KEAT Pro X

Stop Loss Order: A stop loss order is a Normal order placed to sell a stock when it reaches a certain predetermined price.

Limit Order: A limit order is used to buy or sell a stock at a specific price. It is used to avoid buying or selling a stock at a price higher or lower than desired.

Market Order: It is an order to buy or sell a stock at the current market price.

Good-till-cancelled (GTC) Orders: GTC orders hold true only during the period of the trading day for which the orders have been given. If the order has not been executed on that day, it expires and is not passed to the next day.

Smart Order: It allows the trader to find the best price available in either of the exchanges for a particular stock.

Bracket orders: It is a combination of stop-loss order and book profit order.

Kotak KEAT Pro X User Customization Options

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.

Kotak KEAT Pro X Reports

KEAT Pro X provides reports on order status, Positions, P&L, Capital Gains, Ledger etc.

Kotak KEAT Pro X Charges / Fees

The KEAT Pro X is available free of cost to Kotak customers.

Brokers using Kotak KEAT Pro X

Kotak Securities

This webpage provide review of Kotak KEAT Pro X by Kotak Securities Limited. Get detail info about Kotak KEAT Pro X .

Read more about Kotak KEAT Pro X

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