The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Kotak Securities ranges between .049 to .49%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of ICICIDirect 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 ICICIDirect 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE, MCX-SX, MCX, NCDEX|
|Broker Overview||ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...||Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.|
In this section we have compared ICICIDirect with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 750|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 600 PA|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with Kotak Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect provide Multiple Plans where Kotak Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||ICICIDirect||Kotak Securities|
|Account Opening Request|
ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.
Kotak Securities Brokerage Plan detail - 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.
|Brokerage Charges Compare||ICICIDirect||Kotak Securities|
|Plan Name||I-Secure Trading Plan (Percentage Based)||Fixed Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||0.55% or 55 paisa||0.49% or 49 paisa|
|Equity Intraday||0.03% or 3 paisa||0.049% or 5 paisa|
|Equity Futures||0.05% or 5 paisa||0.049% or 5 paisa|
|Equity Options||Rs 95 Per Lot||Rs 300 Per Lot|
|Currency Futures||0.05% or 5 paisa||.02% or Rs. 10 per lot whichever is higher|
|Currency Options||Rs 25 Per Lot||Rs 10 Per Lot|
|Minimum Brokerage||Rs 35 per trade||Rs 21 per executed order|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||20 calls Free and after that Rs 20 per call|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for Kotak Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for Kotak Securities|
Compare ICICIDirect with Kotak Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||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 100 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for icicidirect||Complete Brokerage Plans for kotak-securities|
Compare ICICIDirect 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 tradig. Margin Funding - ICICIDirect offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||ICICIDirect||Kotak Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Trading software terminal: Keat Pro X|
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Kotak Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||ICICIDirect||Kotak Securities|
|Desktop Trading Platform||Trade Racer||KEAT Pro X|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||Kotak Stock Trader|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Kotak Stock Trader Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Kotak Stock Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS Kotak Stock Trader Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Yes, DirectTrade - Rs 2999 PA|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for ICICIDirect||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for Kotak Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for Kotak Securities|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for kotak-securities|
|264 Customer Reviews||79 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews||Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews|
Compare ICICIDirect 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers don't offers Commodity Trading (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Kotak Securities doesn't offer
|Investment Offerings Compare||ICICIDirect||Kotak Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare ICICIDirect with Kotak Securities on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) 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 ICICIDirect 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
|Order Type Compare||ICICIDirect||Kotak Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre ICICIDirect with Kotak Securities on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||ICICIDirect||Kotak Securities|
|Equity Delivery Margin||No Delivery margin.||Upto 5x via Margin Funding.|
|Equity Intraday Margin||Upto 5x leverage for equity.||Upto 7x leverage for equity vis script multiple, 3x for margin funding.|
|Futures Margin||Upto 2x leverage for futures.||Upto 7x leverage for equity vis script multiple, 3x for margin funding.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Upto 25x margin/leverage in CO order for selected equity scripts.||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.|
|Futures CO Margin||Upto 25x margin/leverage in CO order for Futures contracts.||Upto 50x margin/leverage in CO via Super Multiple.|
|Options CO Margin||Upto 25x margin/leverage in CO order for options contracts sell only.||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare ICICIDirect with Kotak Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||ICICIDirect||Kotak Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||18002099191/1800222299/18002099292|
|Account Opening Process||Offline||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Compare ICICIDirect with Kotak Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Kotak Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a.||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. 7500/- , If the client is not having ICICI BANK Account||NA|
|Statutory charges||Stamp Duty at actuals||NA|
|Transaction Charges on Debit (Per ISIN)||For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-)||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||Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.|
|Remat||Rs. 30 + CDSL actuals||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-|
|Pledge Creation||0.03 % or minimum of Rs. 50/-||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||0.03 % or minimum of Rs. 50/-||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Closure||0.03 % or minimum of Rs. 50/-||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||0.03 % or minimum of Rs. 50/-||Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/-|
|Pledge Invocation||0.03 % or minimum of Rs. 50/-||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||Rejection/Fails Rs.30/-||Nil|
|Other Charges||a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges.||Nil|
Compare ICICIDirect with Kotak Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
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||Instance to ICICI Bank.||Upto 24 Hrs except Bank Holidays. Instance 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||Direct from your ICICI bank account.||Direct from your Kotak Mahindra bank account.|
|Special Offers/Promo||Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.||Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about ICICIDirect||Enquire about Kotak Securities|
Last Updated on 2019-07-08T23:24:28+00:00