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Kotak Securities Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Kotak Securities offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Kotak Securities ranges between Rs. 20 per order while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to AxisDirect. Kotak Securities is rated 4 out of 5 where AxisDirect is rated only 3.5 out of 5. Number of active customer for Kotak Securities is 12,08,948 where number of active customer for AxisDirect is 3,63,904. Kotak Securities is serving more customer compare to AxisDirect.

Here we present side-by-side comparison of Kotak Securities vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Kotak Securities vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Kotak Securities vs AxisDirect's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Kotak Securities vs AxisDirect on Service

  Kotak Securities Compare
Kotak Securities
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 12,08,948 3,63,904
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 99 for account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with AxisDirect
Charges Kotak Securities AxisDirect
Trading Account Opening Fees Rs 99 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Kotak Securities with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with AxisDirect on Plan Options
Plan Types Kotak Securities AxisDirect
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs AxisDirect on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Kotak Securities with AxisDirect
Brokerage Charges Compare Kotak Securities AxisDirect
Plan Name Kotak Securities Trade Free Plan Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.25% 0.50% (Each leg)
Equity Intraday Free 0.05% (Each leg)
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% (Each leg)
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% (Each Leg)
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Funding 12.49% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges 20 calls free and after that Rs 20 per call 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Kotak Securities vs AxisDirect on Transaction Charges

Compare Kotak Securities with AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with AxisDirect
Transaction Charges Compare Kotak Securities AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for axisdirect
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Account Features

Compare Kotak Securities vs AxisDirect on Account Features

Compare Kotak Securities with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Kotak Securities with AxisDirect
Account Features Compare Kotak Securities AxisDirect
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with AxisDirect
Trading Platform Compare Kotak Securities AxisDirect
Desktop Trading Platform Neo Ring
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://login.axisdirect.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo AxisDirect Ring Mobile App
Mobile Trading App Demo Kotak Neo Demo AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Kotak Securities vs AxisDirect on User Rating

  Kotak Securities AxisDirect
  82 Customer Reviews    Rate Kotak Securities 6 Customer Reviews    Rate AxisDirect
Fees Ratings 2.6 2.5
Trading Brokerage Rating 2.7 2.0
Trading Platform Usability 3.2 3.2
Customer Service Ratings 3.1 2.7
Overall Ratings 2.8 2.3
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Kotak Securities vs AxisDirect on Investment Offerings

Compare Kotak Securities with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where AxisDirect doesn't offer

Investment Offerings - Compare Kotak Securities with AxisDirect
Investment Offerings Compare Kotak Securities AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs AxisDirect on Order Types

Order Type - Compare Kotak Securities with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities provide Bracket Orders (BO) where AxisDirect doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Kotak Securities with AxisDirect
Order Type Compare Kotak Securities AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Kotak Securities vs AxisDirect on Customer Service

Compare Kotak Securities with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Kotak Securities with AxisDirect
Customer Service Compare Kotak Securities AxisDirect
24/7 Customer Service Kotak Securities vs AxisDirect - 24x7 customer support No No
Email Support Kotak Securities vs AxisDirect - Email Support Yes Yes
Onine Live Chat Kotak Securities vs AxisDirect - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs AxisDirect - Phone Support Yes Yes
Toll Free Number Kotak Securities vs AxisDirect - Toll Free Number Yes Yes
Through Branches Kotak Securities vs AxisDirect - Through Branches Yes Yes
Customer Care Number Kotak Securities vs AxisDirect - Customer Care Number 1800 209 9191 022-61480808
Account Opening Process Kotak Securities vs AxisDirect - Account Opening Process Online Online
Customer Support Email Kotak Securities vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs AxisDirect - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://simplehai.axisdirect.in/learn/overview
Head Office Address Kotak Securities vs AxisDirect - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Kotak Securities vs AxisDirect - Company Website https://www.kotaksecurities.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Kotak Securities vs AxisDirect on Research Reports, Tips

Compare Kotak Securities with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with AxisDirect
  Kotak Securities AxisDirect
Research Mutual Funds Kotak Securities vs AxisDirect - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs AxisDirect - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs AxisDirect - Research ETF Yes Yes
Daily Market Report Kotak Securities vs AxisDirect - Daily Market Report Yes Yes
Free Tips Kotak Securities vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs AxisDirect - Quarterly Results Yes Yes
News Alerts Kotak Securities vs AxisDirect - Yes Yes
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Demat Account

Compare Kotak Securities vs AxisDirect on Demat Account

Compare Kotak Securities with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Kotak Securities is ₹780 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with AxisDirect
  Kotak Securities AxisDirect
DP Source CDSL CDSL
DP ID Kotak Securities vs AxisDirect - DP ID 49200 49200
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹500 pa
Advance Deposit NA Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹10
Demat ₹3 per certificate + ₹50 courier charges ₹3 per certificate
Remat ₹10 for every hundred securities (Min ₹15) ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) ₹25
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) ₹25
Pledge Invocation 0.05% of transaction value (Min ₹30) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs AxisDirect on Special Offers and Promotion

Compare Kotak Securities with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs AxisDirect on Special Offers and Promotion
  Kotak Securities AxisDirect
Pay In and Pay Out Options Kotak Securities vs AxisDirect - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Kotak Securities vs AxisDirect - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Instant to Axis Bank.
Bank Supported and Charges Kotak Securities vs AxisDirect - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Direct from your Axis bank account.
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-17T05:10:46+00:00