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Other Trading Plaforms from Kotak Securities
Have you heard about the Kotak KEAT Pro X? This is a fast, free trading software program that comes from Kotak Securities and can be installed for easy trading benefits. Kotak Securities is an important fintech company in India with more than 25 years of experience in the stock broking industry. It is a registered member of NSDL, MCX, CDSL, NSE and BSE. The company has a robust global presence in the Middle East, Europe, the Asia Pacific, and America. More than 5 lakh trades are conducted every day, with over 59 lakh customer accounts. The company has 1281 branches in as many as 377 cities across the country. It has won a number of prestigious awards over the years.
With the Kotak KEAT Pro X trading tool, you can make investments in currency, derivatives, equities and more in BSE and NSE, right from your laptops or desktops. It is a fast trading tool that is popular for being easy to use. It comes with many important features that allow easy and fast trading.
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Kotak KEAT Pro X Features
Kotak KEAT Pro X provides a comprehensive set of features to its traders. These are designed to enhance the speed and convenience of trading.
The platform allows you to monitor the performance of your investment portfolio, minute by minute.
You can receive updates on executed trades, view positions, and track real-time profit/loss on individual transactions.
Further, it is possible for you to access stock recommendations and market insights from the research division. You can get 5 charting types, 30 indicators, and approximately 10 drawing tools, facilitating in-depth stock analysis.
The platform lets you benefit from live-streaming of Stock Market data, including Market lots, live stock quotes, Sensex, top gainers/losers, Nifty, and more.
With this platform, you also get the flexibility to create personalized watchlists for real-time stock monitoring. It lets you create multiple watchlists with as many as 100 scrips each. You can combine scrips across exchanges in a single watchlist. You get the flexibility to aggregate scrips from various exchanges such as BSE, NSE, and the currency market. It is important to note that you can seamlessly access the watchlists crafted on Kotak KEAT Pro X through the website trading platform and the Mobile Stock Trader app. This means absolute convenience and accessibility across different devices.
The Kotak KEAT Pro X platform also comes with advanced charting tools with unique features, which help enhance your trading experience further. These empower you to generate graphs and charts, giving you the chance to monitor both historical and projected performance of preferred scrips.
There are intraday and historical charting timelines spanning 20 days and 5 years, respectively. These let you gain valuable insights. Moreover, the tool lets you place orders seamlessly and directly from the charts, enhancing your overall trading experience.
Read on: Kotak Securities 2024: 10 Reasons Why You Should Go for this Broker.
Kotak KEAT Pro X Order Types
Kotak KEAT Pro X offers diverse order types to cater to traders’ specific needs.
- The Stop Loss Order is a standard order that automatically sells a stock when it reaches a predetermined price.
- The Limit Order enables precise buying or selling at a specified rate, preventing transactions at undesired rates. Market Orders execute trades at the current market price.
- Good-till-cancelled (GTC) Orders are valid only within the trading day, expiring if not executed.
- Bracket Orders combine stop-loss and book profit orders for comprehensive risk management in trading strategies.
- Smart Orders help traders find the optimal stock price across exchanges.
Kotak KEAT Pro X Pros
Kotak KEAT Pro X offers an integrated platform. For traders, it ensures seamless accessibility across multiple tools.
It lets you synchronize watchlists created on the trading terminal, using the website and mobile app.
There are advanced charting features, including extensive historical data, 5 chart types, and 30+ indicators.
You can conduct thorough stock analysis with the Kotak KEAT Pro X. There is high level of customization that accommodates individual preferences. You can use it for the creation of multiple watchlists with diverse scrips, indices, and sectors.
Kotak KEAT Pro X also provides comprehensive reports on positions, order status, P&L, ledger, and capital gains.
Kotak KEAT Pro X Cons
The Kotak KEAT Pro X platform is free for Kotak customers. That being said, it lacks support for commodity trading. Thus, you have to make use of the dedicated Kotak Commodities website and ‘KC Trader X’ terminal.
Customers generally express contentment with the diverse features provided by Kotak KEAT Pro X. But a specific section of users has encountered challenges with the user interface. They have recommended enhancements in watchlist functionality.
Some users also find the high system requirements (needed for operating the platform) to be problematic.
Other Trading Plaforms from Kotak Securities
In addition to Kotak KEAT Pro X, the Kotak Securities website offers a comprehensive trading experience, allowing traders to invest in derivatives, equities, mutual funds, and IPOs. The portfolio tracker on the website enables real-time performance analysis of investments, accompanied by access to various reports and research insights.
For users with slow internet connectivity or those preferring mobile access, Xtralite provides a lightweight trading website with essential features.
Fastlane, a Java-based trading application, targets users with older or less powerful computers. Through it, you can get live market tracking, trade execution, watchlist creation, and access to research insights.
Finally you can also get Stock Trader, a mobile application that is available on various platforms. It facilitates on-the-go trading in equities, currencies, and derivatives, along with watchlist creation and portfolio management.
Go through our detailed Kotak Securities NEO App Review 2024: Features, Pros and Cons.
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Conclusion
Despite some issues, the platform affords traders comprehensive control over their portfolios. Users can execute sales from existing holdings, confirm placed orders, engage in long contract trades, observe live market depth, and monitor profits and losses. Today, Kotak KEAT Pro X boasts a user base exceeding 1.3 million customers. Over 500,000 trades have been conducted through the platform. Go for it! You will not be disappointed.
Did you love this article on Kotak KEAT Pro X? Check out our YouTube video on Neo, the Kotak Securities mobile trading app:
