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Kotak Securities Vs Compositedge: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities Max Rs. 20 per order per trade while the brokerage of Compositedge ranges between Rs 18. Kotak Securities is a Full Service Broker where Compositedge is a Discount Broker. Kotak Securities is having overall higher rating compare to Compositedge. Kotak Securities is rated 4 out of 5 where Compositedge is rated only 3.5 out of 5. Number of active customer for Kotak Securities is 11,79,674 where number of active customer for Compositedge is 1,961. Kotak Securities is serving more customer compare to Compositedge.

Here we present side-by-side comparison of Kotak Securities vs Compositedge 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 Compositedge'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 Compositedge 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 Compositedge'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 Compositedge on Service

  Kotak Securities Compare
Kotak Securities
Compositedge Compare
Compositedge
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 11,79,674 1,961
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 Composite Investments Pvt. Ltd. with centralized operations in Banglore, is a highly credible name with a presence of more than 18 years in the Indian financial markets. The broker provides online share trading services to buy & sell stocks, futu...Know more about Compositedge
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 Compositedge on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Compositedge on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 99 for account opening where Compositedge charges Rs 500 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Compositedge charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Compositedge
Charges Kotak Securities Compositedge
Trading Account Opening Fees Rs 99 Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Compositedge on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Compositedge. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Compositedge doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with Compositedge on Plan Options
Plan Types Kotak Securities Compositedge
Multiple Plans Yes No
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 Compositedge 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.

Compositedge Brokerage Plan detail - Compositedge flat rate brokerage plan offer first 1000 trader @Rs18 per trade in equity, commodities, futures and option segment, From 1001 onwards its @Rs15 Per trade.

Brokerage Charges - Compare Kotak Securities with Compositedge
Brokerage Charges Compare Kotak Securities Compositedge
Plan Name Kotak Securities Trade Free Plan Max Rs 15 Per Order Trading Plan
Equity Delivery 0.25% 0.06% or Rs 15 whichever is lower
Equity Intraday Free 0.006 % or Rs 15 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.006 % or Rs 15 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 15
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.006 % or Rs 15 whichever is lower
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call NA
Auto Square off Charges 20 calls free and after that Rs 20 per call NA
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Compositedge
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Share Broker's Transaction Charges

Compare Kotak Securities vs Compositedge on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Compositedge
Transaction Charges Compare Kotak Securities Compositedge
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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for compositedge
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Account Features

Compare Kotak Securities vs Compositedge on Account Features

Compare Kotak Securities with Compositedge on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where Compositedge offers only 2-in-1 account which includes trading and demat account. Algo Trading - Compositedge offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Kotak Securities offers a margin funding where Compositedge doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Kotak Securities vs Compositedge on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Compositedge. 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 Compositedge
Trading Platform Compare Kotak Securities Compositedge
Desktop Trading Platform Neo NSE NOW - The trader workstation
Desktop Demo Desktop Demo Info Not Available
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 http://www.nowonline.in/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo NSE NOW
Mobile Trading App Demo Kotak Neo Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod NSE NOW Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS NSE NOW Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Compositedge
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Compositedge
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Compositedge
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for compositedge

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Broker Ratings by Users

Compare Kotak Securities vs Compositedge on User Rating

  Kotak Securities Compositedge
  82 Customer Reviews    Rate Kotak Securities 13 Customer Reviews    Rate Compositedge
Fees Ratings 2.6 4.1
Trading Brokerage Rating 2.7 4.7
Trading Platform Usability 3.2 4.1
Customer Service Ratings 3.1 4.4
Overall Ratings 2.8 4.3
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Compositedge is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare Kotak Securities vs Compositedge on Investment Offerings

Compare Kotak Securities with Compositedge 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 - Kotak Securities offers online mutual fund investment option where Compositedge doesn't offer. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where Compositedge doesn't offer

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

Compare Kotak Securities vs Compositedge on Order Types

Order Type - Compare Kotak Securities with Compositedge 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) - Kotak Securities provide Cover Orders (CO) where Compositedge doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a 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 Compositedge 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)- Kotak Securities offers After Market Orders where Compositedge doesn't offers AMO. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Compositedge doesn't support Good Till Cancelled (GTC) orders.

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

Compare Kotak Securities vs Compositedge on Customer Service

Compare Kotak Securities with Compositedge 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 Compositedge
Customer Service Compare Kotak Securities Compositedge
24/7 Customer Service Kotak Securities vs Compositedge - 24x7 customer support No No
Email Support Kotak Securities vs Compositedge - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Compositedge - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Compositedge - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Compositedge - Toll Free Number Yes No
Through Branches Kotak Securities vs Compositedge - Through Branches Yes No
Customer Care Number Kotak Securities vs Compositedge - Customer Care Number 1800 209 9191 Info Not Available
Account Opening Process Kotak Securities vs Compositedge - Account Opening Process Online Info Not Available
Customer Support Email Kotak Securities vs Compositedge - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs Compositedge - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank Info Not Available
Head Office Address Kotak Securities vs Compositedge - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs Compositedge - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs Compositedge on Research Reports, Tips

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

Research Reports - Compare Kotak Securities with Compositedge
  Kotak Securities Compositedge
Research Mutual Funds Kotak Securities vs Compositedge - Research Mutual Funds Yes No
Research Equity Reports Kotak Securities vs Compositedge - Research Equity Reports Yes No
Research ETF Kotak Securities vs Compositedge - Research ETF Yes No
Daily Market Report Kotak Securities vs Compositedge - Daily Market Report Yes No
Free Tips Kotak Securities vs Compositedge - Free Tips Yes No
Quarterly Result Analysis Kotak Securities vs Compositedge - Quarterly Results Yes No
News Alerts Kotak Securities vs Compositedge - Yes No
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Demat Account

Compare Kotak Securities vs Compositedge on Demat Account

Compare Kotak Securities with Compositedge 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 Compositedge is Monthly Charges - ₹25 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 Compositedge is 0.04% of the transaction value or ₹8 whichever is higher.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 Compositedge
  Kotak Securities Compositedge
DP Source CDSL CDSL
DP ID Kotak Securities vs Compositedge - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Monthly Charges - ₹25
Advance Deposit NA NIL
Statutory charges Nil ₹50 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% of the transaction value or ₹8 whichever is higher
Demat ₹3 per certificate + ₹50 courier charges ₹2 + courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹10 for every hundred securities or ₹10 per certificate (whichever is higher) + CDSL charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹20 + ₹12 request charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹20 + ₹12 request charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹20
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Compositedge on Special Offers and Promotion

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

Compare Kotak Securities vs Compositedge on Special Offers and Promotion
  Kotak Securities Compositedge
Pay In and Pay Out Options Kotak Securities vs Compositedge - 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.
Info Not Available
Payout Time Kotak Securities vs Compositedge - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs Compositedge - 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. Info Not Available
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...

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...

Minimum brokerage charged; not suited for penny stock traders; other hidden charges.

Detail Review...

Special Offers/Promo
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

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