FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Kotak Securities Vs Mangal Keshav: 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 ranges between Rs. 20 per order while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Mangal Keshav. Kotak Securities is rated 4 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for Kotak Securities is 11,79,674 where number of active customer for Mangal Keshav is 7,062. Kotak Securities is serving more customer compare to Mangal Keshav.

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

  Kotak Securities Compare
Kotak Securities
Mangal Keshav Compare
Mangal Keshav
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 BSE, NSE, MCX, NCDEX
Active Clients 11,79,674 7,062
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 Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Kotak Securities vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Mangal Keshav offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Mangal Keshav
Charges Kotak Securities Mangal Keshav
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 750 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Mangal Keshav on Plan Options

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

Compare Kotak Securities with Mangal Keshav on Plan Options
Plan Types Kotak Securities Mangal Keshav
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Mangal Keshav 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.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare Kotak Securities with Mangal Keshav
Brokerage Charges Compare Kotak Securities Mangal Keshav
Plan Name Kotak Securities Trade Free Plan Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.25% 0.30% or 30 paisa
Equity Intraday Free 0.03% or 3 paisa
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 50 Per Lot
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
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 Mangal Keshav
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Mangal Keshav on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Mangal Keshav
Transaction Charges Compare Kotak Securities Mangal Keshav
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 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for mangal-keshav
Expand

Account Features

Compare Kotak Securities vs Mangal Keshav on Account Features

Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav offers only 2-in-1 account which includes trading and demat account. Algo Trading - Mangal Keshav offers Algo Trading where Kotak Securities 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 Mangal Keshav
Account Features Compare Kotak Securities Mangal Keshav
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 Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Kotak Securities vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Mangal Keshav. 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 Mangal Keshav
Trading Platform Compare Kotak Securities Mangal Keshav
Desktop Trading Platform Neo Mangal Trader
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 Mangal Keshav Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo Mangal Trader
Mobile Trading App Demo Kotak Neo Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS Mangal Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for mangal-keshav

Expand

Broker Ratings by Users

Compare Kotak Securities vs Mangal Keshav on User Rating

  Kotak Securities Mangal Keshav
  82 Customer Reviews    Rate Kotak Securities 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 2.6 5.0
Trading Brokerage Rating 2.7 5.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.1 4.0
Overall Ratings 2.8 5.0
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Mangal Keshav on Investment Offerings

Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav doesn't offer

Investment Offerings - Compare Kotak Securities with Mangal Keshav
Investment Offerings Compare Kotak Securities Mangal Keshav
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 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
Expand

Order Types

Compare Kotak Securities vs Mangal Keshav on Order Types

Order Type - Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav 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 Mangal Keshav 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- Kotak Securities offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Mangal Keshav
Order Type Compare Kotak Securities Mangal Keshav
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 Yes
GTC-Good Till Cancelled Yes No
Expand

Customer Service Offered

Compare Kotak Securities vs Mangal Keshav on Customer Service

Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav
Customer Service Compare Kotak Securities Mangal Keshav
24/7 Customer Service Kotak Securities vs Mangal Keshav - 24x7 customer support No No
Email Support Kotak Securities vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Mangal Keshav - Onine Live Chat Yes No
Phone Support Kotak Securities vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Mangal Keshav - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Mangal Keshav - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Mangal Keshav - Customer Care Number 1800 209 9191 +91 22 6190 8000
Account Opening Process Kotak Securities vs Mangal Keshav - Account Opening Process Online Info Not Available
Customer Support Email Kotak Securities vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Mangal Keshav - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.mangalkeshav.com/knowledge-panel
Head Office Address Kotak Securities vs Mangal Keshav - 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 Mangal Keshav - Company Website https://www.kotaksecurities.com https://www.mangalkeshav.com/
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Mangal Keshav on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs Mangal Keshav on Demat Account

Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav is ₹1000 Refundable deposit 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 Mangal Keshav is 0.05% of transaction value (Min ₹100).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 Mangal Keshav
  Kotak Securities Mangal Keshav
DP Source CDSL CDSL
DP ID Kotak Securities vs Mangal Keshav - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹1000 Refundable deposit
Advance Deposit NA Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.05% of transaction value (Min ₹100)
Demat ₹3 per certificate + ₹50 courier charges ₹100 per certificate + ₹150 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of transaction value + CDSL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Mangal Keshav on Special Offers and Promotion

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

Compare Kotak Securities vs Mangal Keshav on Special Offers and Promotion
  Kotak Securities Mangal Keshav
Pay In and Pay Out Options Kotak Securities vs Mangal Keshav - 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 Mangal Keshav - 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 Mangal Keshav - 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...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

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...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

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