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Geojit Vs Kotak Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Geojit ranges between .03 to .3% while the brokerage of Kotak Securities ranges between Rs. 20 per order. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for Geojit is 2,35,090. Kotak Securities is serving more customer compare to Geojit.

Here we present side-by-side comparison of Geojit 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 Geojit 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 Geojit 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 Geojit 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
  • 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 Geojit vs Kotak Securities on Service

  Geojit Compare
Geojit
Kotak Securities Compare
Kotak Securities
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 4 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
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 2,35,090 10,56,932
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear...Know more about Kotak Securities
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities
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Account Opening Charges and AMC

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

Comparison of Geojit with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Geojit charges Rs 700 PA AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Kotak Securities
Charges Geojit Kotak Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Rs 600 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs Kotak Securities on Plan Options

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

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

Account Opening

  Zerodha Kotak Securities
Account Opening Request
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Brokerage Charges

Compare Geojit vs Kotak Securities on Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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 a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Brokerage Charges - Compare Geojit with Kotak Securities
Brokerage Charges Compare Geojit Kotak Securities
Plan Name Online Trading Plan (Percentage Based) Kotak Securities Trade Free Plan
Equity Delivery 0.30% or 30 paisa 0.25% or Rs 20 whichever is higher
Equity Intraday 0.03% or 3 paisa Free
Equity Futures 0.01% Delivery: Rs. 20 per order| Intraday: Free
Equity Options Rs 50 Per Lot Delivery: Rs. 20 per order| Intraday: Free
Currency Futures 0.03% or 3 paisa Delivery: Rs. 20 per order| Intraday: Free
Currency Options Rs 50 Per Lot Delivery: Rs. 20 per order| Intraday: Free
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Delivery: Rs. 20 per order| Intraday: Free
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 21 per executed order
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA 12.49% interest PA
Call & Trade Charges Free 20 calls free and after that Rs 20 per call
Auto Square off Charges Free 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Kotak Securities
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Share Broker's Transaction Charges

Compare Geojit vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare Geojit with Kotak Securities
Transaction Charges Compare Geojit Kotak Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for kotak-securities
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Account Features

Compare Geojit vs Kotak Securities on Account Features

Compare Geojit with Kotak Securities 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 Geojit offers only 2-in-1 account which includes 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 - Geojit with Kotak Securities
Account Features Compare Geojit Kotak Securities
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. Yes, Geojit 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 Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Trading software terminal: Keat Pro X
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Trading Platform

Compare Geojit vs Kotak Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit 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 Geojit with Kotak Securities
Trading Platform Compare Geojit Kotak Securities
Desktop Trading Platform SELFIE Platinum KEAT Pro X
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://selfie.geojit.net/ https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Kotak Stock Trader
Mobile Trading App Demo SELFIE Geojit Demo Kotak Stock Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Kotak Stock Trader Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS Kotak Stock Trader Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for kotak-securities

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Broker Ratings by Users

Compare Geojit vs Kotak Securities on User Rating

  Geojit Kotak Securities
  78 Customer Reviews    Rate Geojit 81 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.7 2.6
Trading Brokerage Rating 3.4 2.7
Trading Platform Usability 4.0 3.2
Customer Service Ratings 3.8 3.1
Overall Ratings Rated 3.8 stars Rated 2.8 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 78 customer reviews Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews
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Investment Offerings

Compare Geojit vs Kotak Securities on Investment Offerings

Compare Geojit 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Geojit provide PMS Service where Kotak Securities doesn't offer

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

Compare Geojit vs Kotak Securities on Order Types

Order Type - Compare Geojit 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) - Kotak Securities provides Cover Orders (CO) where Geojit 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 provides Bracket Orders (BO) where Geojit 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 Geojit with Kotak Securities
Order Type Compare Geojit Kotak Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Geojit vs Kotak Securities on Customer Service

Compare Geojit 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 Support - Compare Geojit with Kotak Securities
Customer Service Compare Geojit Kotak Securities
24/7 Customer Service Geojit vs Kotak Securities - 24x7 customer support No No
Email Support Geojit vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Geojit vs Kotak Securities - Onine Live Chat No Yes
Phone Support Geojit vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Geojit vs Kotak Securities - Toll Free Number Yes Yes
Through Branches Geojit vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Geojit vs Kotak Securities - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 1800 209 9191
Account Opening Process Geojit vs Kotak Securities - Account Opening Process Offline Offline
Customer Support Email Geojit vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs Kotak Securities - Knowledge Center/Education https://insights.geojit.com/ https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address Geojit vs Kotak Securities - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Geojit vs Kotak Securities - Company Website https://www.geojit.com/ https://www.kotaksecurities.com
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Tips/Research/Reports Published

Compare Geojit vs Kotak Securities on Research Reports, Tips

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

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

Compare Geojit vs Kotak Securities on Demat Account

Compare Geojit 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 Geojit is ₹600 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 Geojit is 0.02% of transaction value (Max ₹40) + 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

Demat Charges - Compare Geojit with Kotak Securities
  Geojit Kotak Securities
DP Source CDSL CDSL
DP ID Geojit vs Kotak Securities - DP ID 48900 49200
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹780 pa
Advance Deposit NIL NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹3 per certificate + ₹50 courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹10 for every hundred securities (Min ₹15)
Pledge Creation ₹50 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹50 per transaction 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Geojit vs Kotak Securities on Special Offers and Promotion

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

Compare Geojit vs Kotak Securities on Special Offers and Promotion
  Geojit Kotak Securities
Pay In and Pay Out Options Geojit vs Kotak Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
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 Geojit vs Kotak Securities - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Geojit vs Kotak Securities - 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.
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

Detail Review...

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

Last Updated on 2022-09-01T01:53:57+00:00