The brokerage of Finvasia Securities Max Rs 0 per trade while the brokerage of Kotak Securities Ltd ranges between .049 to .49%. Finvasia Securities is a Discount Broker where Kotak Securities Ltd is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present 1 on 1 comparison of Finvasia Securities vs Kotak Securities Ltd share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Finvasia vs Kotak Securities's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features, margin/leverage, demat account and investment options provided to Indian financial market.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.
 Finvasia Securities |
 Kotak Securities Ltd |
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| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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BSE, NSE, MCX,MCX-SX,NCDEX | BSE, NSE, MCX-SX, MCX, NCDEX |
| Broker Overview | Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...  |
Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. |
| Broker Enquiry |
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| Finvasia Securities | Kotak Securities Ltd | |
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| Trading Account Opening Fees
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Free | Rs 750 |
| Trading AMC
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Free | Free |
| Demat Account Opening Fees
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Rs 0 (Rs 199 for POA) | Free |
| Demat AMC
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Free | Rs 600 PA |
| Provide DP Service
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| Finvasia Securities | Kotak Securities Ltd | |
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| Multiple Plans
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| Monthly Plans
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| Yearly Plans
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| Finvasia Securities | Kotak Securities Ltd | |
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| Contact / Request Call Back |
| Finvasia Securities | Kotak Securities Ltd | |
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| Plan Name
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Zero Brokerage Plan | Fixed Brokerage Plan (Percentage Based) |
| Plan Description
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Free Trading - Zero Brokerage Plan | This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it. |
| Equity Delivery
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Free | 0.49% or 49 paisa |
| Equity Intraday
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Free | 0.049% or 5 paisa |
| Equity Futures
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Free | 0.049% or 5 paisa |
| Equity Options
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Free | Rs 300 Per Lot |
| Currency Futures
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Free | .02% or Rs. 10 per lot whichever is higher |
| Currency Options
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Free | Rs 10 Per Lot |
| Commodity Trading
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Free | NA |
| Minimum Brokerage
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Rs 21 per executed order | |
| Hidden Charges
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No | No |
| Funding
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Yes, with 24% interest. | Yes - 18% interest PA |
| Call & Trade Charges
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Rs 20 per executed Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Finvasia Securities | Brokerage Calculator for Kotak Securities Ltd |
| SPAN Margin Calculator | SPAN Margin Calculator for Finvasia Securities | SPAN Margin Calculator for Kotak Securities Ltd |
| Finvasia Securities | Kotak Securities Ltd | |
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| Equity Delivery
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Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Intraday
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Rs 325 Per Cr | Rs 325 Per Cr |
| Equity Futures
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Rs 190 Per Cr | Rs 190 Per Cr |
| Equity Options
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Rs 5000 Per Cr | Rs 5000 Per Cr |
| Currency Futures
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Rs 115 Per Cr | Rs 110 Per Cr |
| Currency Options
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Rs 4000 Per Cr | Rs 4000 Per Cr |
| Commodity
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Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for kotak-securities |
| Finvasia Securities | Kotak Securities Ltd | |
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| 3 in 1 Account
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| Charting
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| Algo Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Combined Ledger for Equity and Commodity
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| Intraday Square-off Time
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3:15 PM | 3:15PM |
| NRI Trading
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| Other Features
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Trading software terminal: Keat Pro X |
| Finvasia Securities | Kotak Securities Ltd | |
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| Desktop Trading Platform
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OMNESYS NEST | KEAT Pro X |
| Desktop Demo
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Info Not Available | Desktop Demo |
| Desktop Platform (Windows)
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| Desktop Platform (Mac)
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| Web Trading Platform
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| Web Trading Detail
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https://trade.finvasia.com/ | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat |
| Web Trading Demo
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Info Not Available | Web Trading Demo |
| Mobile Site
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| Mobile Trading
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| Mobile Trading App
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SCALPERT | Kotak Stock Trader |
| Mobile Trading App Demo
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SCALPERT Demo | Kotak Stock Trader Demo |
| Android Mobile App
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| Android App Download
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Andriod SCALPERT Download | Andriod Kotak Stock Trader Download |
| iPhone Mobile App (IOS)
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| iOS App Download
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Info Not Available | iOS Kotak Stock Trader Download |
| Android Tablet App
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| iPad App (IOS)
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| Trading Software Charges
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Basic Tools are free, advance tools are chargable. | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia Securities | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Ltd |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia Securities | Futures Brokerage Calculator for Kotak Securities Ltd |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia Securities | Options Brokerage Calculator for Kotak Securities Ltd |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for kotak-securities |
| Finvasia Securities | Kotak Securities Ltd | |
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5 Customer Reviews  |
79 Customer Reviews |
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| Fees Ratings |  |
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| Trading Brokerage Rating |  |
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| Trading Platform Usability |  |
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| Customer Service Ratings |  |
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| Overall Ratings |  |
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| Broker Rating | Finvasia is Rated 3.6 / 5 based on 5 customer reviews | Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews |
| Finvasia Securities | Kotak Securities Ltd | |
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| Equity Cash and F&O
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| Currency Deravitives
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| Commodity
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| Online IPO Application
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| Mutual Funds
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| Bond / NCD
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| ETF
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| Banking
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| Insurance
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| Forex
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| MF SIP Investment
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| Equity SIP Investment
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| PMS Service
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| Algo Trading
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| Other Investment Options
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| Finvasia Securities | Kotak Securities Ltd | |
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| CNC Ordre
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| MIS Ordre
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| NRML Ordre
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| Cover Ordre
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| GTC-Good Till Cancelled
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| Finvasia Securities | Kotak Securities Ltd | |
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| Equity Delivery Margin
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No Margin/Leverage for Equity Delivery. | Upto 5x via Margin Funding. |
| Equity Intraday Margin
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Up to 10x leverage for equity. | Upto 7x leverage for equity vis script multiple, 3x for margin funding. |
| Futures Margin
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Up to 2x leverage (of NRML Margin) for futures. | Upto 7x leverage for equity vis script multiple, 3x for margin funding. |
| Options Margin
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No leverage on options buying and selling. | Upto 2x margin for Options shorting, No leverage for option buying. |
| Equity CO Margin
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Info Not Available | Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. |
| Futures CO Margin
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Info Not Available | Upto 50x margin/leverage in CO via Super Multiple. |
| Options CO Margin
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Info Not Available | Info Not Available |
| Commodity Margin
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Info Not Available | Info Not Available |
| Finvasia Securities | Kotak Securities Ltd | |
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| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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+911726670000/+911724770000/+919779097777 | 18002099191/1800222299/18002099292 |
| Account Opening Process
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Paperless | Online |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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Info Not Available | https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs |
| Head Office Address
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Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 |
| Website
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https://www.finvasia.com/ | https://www.kotaksecurities.com |
| Finvasia Securities | Kotak Securities Ltd | |
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| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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| Finvasia Securities | Kotak Securities Ltd | |
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| DP Source | CDSL | CDSL |
| DP ID
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84300 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | Retail Clients- Rs. 0 BSDA Clients -Rs. 0 AMC for Corporates : Rs 999 PA | Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-) |
| Advance Deposit | Rs 0 | NA |
| Statutory charges | Rs 0 | NA |
| Transaction Charges on Debit (Per ISIN) | Retail Clients- Rs. 09 BSDA Clients -Rs. 19 Corporate Clients- Rs. 25 | Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). |
| Demat | Retail clients : -Rs. 15 (Per Certificate) Corporate clients : Rs 40(Per Certificate) | Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. |
| Remat | Retail clients : Rs. 15 (PER ISIN for 100 shares) Corporate clients : Rs. 40 ((PER ISIN for 100 shares) | Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- |
| Pledge Creation | Retail Clients- Rs. 25 +CDSL Charges BSDA Clients -Rs. 25 +CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges | Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- |
| Pledge Creation Confirmation | NIL | Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- |
| Pledge Closure | Retail Clients- Rs. 25 + CDSL Charges BSDA Clients -Rs. 25 + CDSL Charges Corporate Clients: Rs. 40+ CDSL Charges | Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- |
| Pledge Closure Confirmation | NIL | Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- |
| Pledge Invocation | Retail Clients- Rs.19 BSDA Clients -Rs.19 Corporate Clients - Rs.30 | Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- |
| Failed Instruction Charges | Retail Clients- Rs. 49 BSDA Clients -Rs. 49 Corporate Clients - Rs. 49 | Nil |
| Other Charges | 1.Modification in CML - Retail Clients- Rs. 19 BSDA Clients -Rs. 19 2. Demat closure account Retail &Corporate Clients- Rs. 0 BSDA Clients -Rs. 0 3.POA services Retail & Corporate Clients- Rs. 199 (one time) BSDA Clients -Rs. 199(one time ) 4.Delay payment charges @2% per month on T+2 days would be charged for debit/shortage in payin/margin default, as per exchange requirements | Nil |
| Finvasia Securities | Kotak Securities Ltd | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out/Fund Withdrawal - Bank Transfer only. |
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
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Up to 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. |
| Bank Supported and Charges
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Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms. | (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Direct from your Kotak Mahindra bank account. |
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. |
| Enquire about Finvasia | Enquire about Kotak Securities |