FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Kotak Securities offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct ranges between 0.02% to 0.20% while the brokerage of Kotak Securities ranges between Rs. 20 per order. Both the brokers are Full Service brokers. IDBI Direct is having overall lower rating compare to Kotak Securities. IDBI Direct is rated only 3.5 out of 5 where Kotak Securities is rated 4 out of 5. Number of active customer for Kotak Securities is 11,79,674 where number of active customer for IDBI Direct is 55,285. Kotak Securities is serving more customer compare to IDBI Direct.
Here we present side-by-side comparison of IDBI Direct vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs Kotak Securities'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 IDBI Direct vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared IDBI Direct vs Kotak Securities's on
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.
Comparison of IDBI Direct with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - IDBI Direct offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.
Charges | IDBI Direct | Kotak Securities |
---|---|---|
Trading Account Opening Fees | Free | Rs 99 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 350 PA [Free for 1st year] | Rs 600 PA |
Provide DP Service |
Plans are the most important feature you look when compare IDBI Direct with Kotak Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provides Multiple Plans where IDBI Direct doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | IDBI Direct | Kotak Securities |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Kotak Securities | |
---|---|---|
Account Opening Request |
IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan
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.
Brokerage Charges Compare | IDBI Direct | Kotak Securities |
---|---|---|
Plan Name | Flat Brokerage PLan | Kotak Securities Trade Free Plan |
Equity Delivery | 0.20% | 0.25% |
Equity Intraday | 0.02% | Free |
Equity Futures | Flat Rs 15 per order | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Equity Options | Flat Rs 15 per order | Delivery: Flat fee Rs. 20 per order| Intraday: Free |
Currency Futures | Flat Rs 15 per order | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Currency Options | Flat Rs 15 per order | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Commodity Trading | NA | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 21 per executed order |
Hidden Charges | Info Not Available | No |
Funding | Info Not Available | 12.49% interest PA |
Call & Trade Charges | Free | 20 calls free and after that Rs 20 per call |
Auto Square off Charges | NA | 20 calls free and after that Rs 20 per call |
Brokerage Calculator | Brokerage Calculator for IDBI Direct | Brokerage Calculator for Kotak Securities |
Compare IDBI Direct with Kotak Securities on transaction charges and PCM fee by segment.
Transaction Charges Compare | IDBI Direct | Kotak Securities |
---|---|---|
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 | NA | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for idbicapital | Complete Brokerage Plans for kotak-securities |
Compare IDBI Direct with Kotak Securities 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 Compare | IDBI Direct | Kotak Securities |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Kotak Securities. 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 | IDBI Direct | Kotak Securities |
---|---|---|
Desktop Trading Platform | Infinity | Neo |
Desktop Demo | Info Not Available | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://trade.idbicapital.com/ | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat |
Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | IDBI Direct Mobile App | Kotak Neo |
Mobile Trading App Demo | Info Not Available | Kotak Neo Demo |
Android Mobile App | ||
Android App Download | Andriod IDBI Direct Mobile App Download | Andriod Kotak Neo Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS IDBI Direct Mobile App Download | iOS Kotak Neo Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for IDBI Direct | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities |
Futures Brokerage Calculator | Futures Brokerage Calculator for IDBI Direct | Futures Brokerage Calculator for Kotak Securities |
Options Brokerage Calculator | Options Brokerage Calculator for IDBI Direct | Options Brokerage Calculator for Kotak Securities |
Detail | Detail on Trading Platforms for idbicapital | Detail on Trading Platforms for kotak-securities |
Compare IDBI Direct with Kotak Securities 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 - Kotak Securities offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Kotak Securities provides PMS Service where IDBI Direct doesn't offer
Investment Offerings Compare | IDBI Direct | Kotak Securities |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare IDBI Direct with Kotak Securities 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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 Type Compare | IDBI Direct | Kotak Securities |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare IDBI Direct with Kotak Securities 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 Service Compare | IDBI Direct | Kotak Securities |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022-3913 5001 | 1800 209 9191 |
Account Opening Process | Info Not Available | Online |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | Info Not Available | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank |
Head Office Address | Info Not Available | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 |
Website | https://www.idbidirect.in/ | https://www.kotaksecurities.com |
Compare IDBI Direct with Kotak Securities on research reports and tips provided by the broker.
Compare IDBI Direct with Kotak Securities 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 Kotak Securities is ₹780 pa where for IDBI Direct is ₹350 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 IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for Kotak Securities is 0.04% (Min ₹27) + CDSL charges.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
Compare IDBI Direct with Kotak Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
IDBI Direct | Kotak Securities | |
---|---|---|
Pay In and Pay Out Options | Info Not Available | 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. |
Payout Time | Info Not Available | Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. |
Bank Supported and Charges | Info Not Available | (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank |
Bank Detail | Info Not Available | Direct from your Kotak Mahindra bank account. |
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Special Offers/Promo | ||
Enquiry | Open Zerodha Account Now>> | Open Kotak Securities Account Now>> |
Last Updated on 2023-08-21T03:25:00+00:00