Compare 3 Brokers

ICICIDirect Vs Kotak Securities: Which one is better?

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.

Compare ICICIDirect vs Kotak Securities on Service

  ICICIDirect Compare
ICICIDirect
Kotak Securities Compare
Kotak Securities
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 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... Know more about ICICIDirect 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 Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

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 & Demat Account Opening Charges - Compare ICICIDirect with Kotak Securities
Charges ICICIDirect Kotak Securities
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA (Waived for 1st year) Rs 600 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Kotak Securities on Plan Options

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.

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

Account Opening

  ICICIDirect Kotak Securities
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Kotak Securities on Brokerage Charges

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 with Kotak Securities
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
Commodity Trading NA NA
Minimum Brokerage Rs 35 per trade Rs 21 per executed order
Hidden Charges Yes No
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
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Share Broker's Transaction Charges

Compare ICICIDirect vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Kotak Securities
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
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for kotak-securities
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Account Features

Compare ICICIDirect vs Kotak Securities on Account Features

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 - ICICIDirect with Kotak Securities
Account Features Compare ICICIDirect Kotak Securities
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, ICICIDirect 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 No
Combined Ledger for Equity and Commodity No 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 ICICIDirect vs Kotak Securities on Trading Platform

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 with Kotak Securities
Trading Platform Compare ICICIDirect Kotak Securities
Desktop Trading Platform Trade Racer KEAT Pro X
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
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 Site Yes No
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile Kotak Stock Trader
Mobile Trading App Demo ICICI direct Mobile Demo Kotak Stock Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Kotak Stock Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Kotak Stock Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare ICICIDirect vs Kotak Securities on User Rating

  ICICIDirect Kotak Securities
  264 Customer Reviews    Rate ICICIDirect 79 Customer Reviews    Rate Kotak Securities
Fees Ratings 2.4 2.6
Trading Brokerage Rating 1.8 2.7
Trading Platform Usability 3.3 3.2
Customer Service Ratings 2.8 3.1
Overall Ratings Rated 2.5 stars Rated 2.8 stars
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
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Investment Offerings

Compare ICICIDirect vs Kotak Securities on Investment Offerings

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

Compare ICICIDirect vs Kotak Securities on Order Types

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 Types - Compare ICICIDirect with Kotak Securities
Order Type Compare ICICIDirect Kotak Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare ICICIDirect vs Kotak Securities on Margin/Leverage

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.

Exposure/margin - Compare ICICIDirect with Kotak Securities
Margin Product Compare ICICIDirect Kotak Securities
Equity Delivery Margin ICICIDirect vs Kotak Securities - Equity Delivery Margin No Delivery margin. Upto 5x via Margin Funding.
Equity Intraday Margin ICICIDirect vs Kotak Securities - Equity Intraday Margin Upto 5x leverage for equity. Upto 7x leverage for equity vis script multiple, 3x for margin funding.
Futures Margin ICICIDirect vs Kotak Securities - Futures Margin Upto 2x leverage for futures. Upto 7x leverage for equity vis script multiple, 3x for margin funding.
Options Margin ICICIDirect vs Kotak Securities - 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 ICICIDirect vs Kotak Securities - 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 ICICIDirect vs Kotak Securities - 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 ICICIDirect vs Kotak Securities - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin ICICIDirect vs Kotak Securities - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare ICICIDirect vs Kotak Securities on Customer Service

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 Support - Compare ICICIDirect with Kotak Securities
Customer Service Compare ICICIDirect Kotak Securities
24/7 Customer Service ICICIDirect vs Kotak Securities - 24x7 customer support No No
Email Support ICICIDirect vs Kotak Securities - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Kotak Securities - Onine Live Chat No Yes
Phone Support ICICIDirect vs Kotak Securities - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Kotak Securities - Toll Free Number No Yes
Through Branches ICICIDirect vs Kotak Securities - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Kotak Securities - Customer Care Number 33551122 18002099191/1800222299/18002099292
Account Opening Process ICICIDirect vs Kotak Securities - Account Opening Process Offline Offline
Customer Support Email ICICIDirect vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Kotak Securities - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs
Head Office Address ICICIDirect vs Kotak Securities - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website ICICIDirect vs Kotak Securities - Company Website https://www.icicidirect.com https://www.kotaksecurities.com
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Tips/Research/Reports Published

Compare ICICIDirect vs Kotak Securities on Research Reports, Tips

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

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

Compare ICICIDirect vs Kotak Securities on Demat Account

Compare ICICIDirect with Kotak Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with Kotak Securities
  ICICIDirect Kotak Securities
DP Source CDSL CDSL
DP ID ICICIDirect vs Kotak Securities - DP ID 14300 49200
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

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Kotak Securities on Special Offers and Promotion

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

Compare ICICIDirect vs Kotak Securities on Special Offers and Promotion
  ICICIDirect Kotak Securities
Pay In and Pay Out Options ICICIDirect vs Kotak Securities - 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 ICICIDirect vs Kotak Securities - Payout Time Instance to ICICI Bank. Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges ICICIDirect 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 Direct from your ICICI bank account. Direct from your Kotak Mahindra bank account.
Likes
  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

Detail Review...

  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

Dislikes
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

Detail Review...

  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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







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