Kotak Securities Vs IDBI Direct: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of IDBI Direct ranges between .08 to .5%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to IDBI Direct. Kotak Securities is rated 4 out of 5 where IDBI Direct is rated only 3.5 out of 5.

Here we present side-by-side comparison of Kotak Securities vs IDBI Direct 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 IDBI Direct'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 Kotak Securities vs IDBI Direct on Service

  Kotak Securities Compare
Kotak Securities
IDBI Direct Compare
IDBI Direct
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-SX, MCX, NCDEX BSE, NSE
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. IDBI Capital provides well rounded services like 3 in 1 account, support to NRIs, research reports and analytical tools but comes with subscription fee thus not suitable for casual trader. But it can suit active investors with its competitive broker...Know more about IDBI Direct
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IDBI Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Kotak Securities vs IDBI Direct on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with IDBI Direct on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where IDBI Direct charges Rs 700 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where IDBI Direct charges Rs 350 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with IDBI Direct
Charges Kotak Securities IDBI Direct
Trading Account Opening Fees Rs 750 Rs 700
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 350 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs IDBI Direct on Plan Options

Plans are the most important feature you look when compare Kotak Securities with IDBI Direct. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Kotak Securities IDBI Direct
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs IDBI Direct on Brokerage Charges

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.

IDBI Direct Brokerage Plan detail - This is a prepaid brokerage plan with subscription fee.Plan duration from 6 to 12 months.

Brokerage Charges - Compare Kotak Securities with IDBI Direct
Brokerage Charges Compare Kotak Securities IDBI Direct
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flexi Gold Trading Plan (Percentage Based)
Equity Delivery 0.49% or 49 paisa 0.5% or 50 paisa
Equity Intraday 0.049% or 5 paisa 0.08% or 8 paisa
Equity Futures 0.049% or 5 paisa 0.08% or 8 paisa
Equity Options Rs 300 Per Lot Rs 100 Per Lot
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.08% or 8 paisa
Currency Options Rs 10 Per Lot Rs 100 Per Lot
Commodity Trading NA NA
Minimum Brokerage Rs 21 per executed order Rs 25 per trade or 2.5% of the trade value whichever is lower.
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for IDBI Direct
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for IDBI Direct
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Share Broker's Transaction Charges

Compare Kotak Securities vs IDBI Direct on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with IDBI Direct
Transaction Charges Compare Kotak Securities IDBI Direct
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 5100 Per Cr
Currency Futures Rs 110 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 kotak-securities Complete Brokerage Plans for idbicapital
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Account Features

Compare Kotak Securities vs IDBI Direct on Account Features

Compare Kotak Securities with IDBI Direct 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 - IDBI Direct offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Kotak Securities with IDBI Direct
Account Features Compare Kotak Securities IDBI Direct
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities 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 No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X
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Trading Platform

Compare Kotak Securities vs IDBI Direct on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and IDBI Direct. 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 Kotak Securities with IDBI Direct
Trading Platform Compare Kotak Securities IDBI Direct
Desktop Trading Platform KEAT Pro X Infinity
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 https://trade.idbicapital.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader IDBI Direct Mobile App
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod IDBI Direct Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS IDBI Direct Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for IDBI Direct
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for IDBI Direct
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for IDBI Direct
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for idbicapital

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Broker Ratings by Users

Compare Kotak Securities vs IDBI Direct on User Rating

  Kotak Securities IDBI Direct
  79 Customer Reviews    Rate Kotak Securities 30 Customer Reviews    Rate IDBI Direct
Fees Ratings 2.6 3.0
Trading Brokerage Rating 2.7 2.4
Trading Platform Usability 3.2 2.5
Customer Service Ratings 3.1 2.8
Overall Ratings Rated 2.8 stars Rated 2.7 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews IDBI Direct is Rated 2.7 / 5 based on 30 customer reviews
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Investment Offerings

Compare Kotak Securities vs IDBI Direct on Investment Offerings

Compare Kotak Securities with IDBI Direct 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Kotak Securities with IDBI Direct
Investment Offerings Compare Kotak Securities IDBI Direct
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 No
PMS Service No No
Other Investment Options
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Order Types

Compare Kotak Securities vs IDBI Direct on Order Types

Order Type - Compare Kotak Securities with IDBI Direct 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) - Kotak Securities provide Cover Orders (CO) where IDBI Direct 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 IDBI Direct 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- Kotak Securities offers Good Till Cancelled (GTC) orders where IDBI Direct doesn't support Good Till Cancelled (GTC) orders.

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

Compare Kotak Securities vs IDBI Direct on Margin/Leverage

Comapre Kotak Securities with IDBI Direct 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 Kotak Securities with IDBI Direct
Margin Product Compare Kotak Securities IDBI Direct
Equity Delivery Margin Kotak Securities vs IDBI Direct - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs IDBI Direct - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs IDBI Direct - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs IDBI Direct - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs IDBI Direct - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs IDBI Direct - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs IDBI Direct - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs IDBI Direct - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs IDBI Direct on Customer Service

Compare Kotak Securities with IDBI Direct 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 Kotak Securities with IDBI Direct
Customer Service Compare Kotak Securities IDBI Direct
24/7 Customer Service Kotak Securities vs IDBI Direct - 24x7 customer support No No
Email Support Kotak Securities vs IDBI Direct - Email Support Yes Yes
Onine Live Chat Kotak Securities vs IDBI Direct - Onine Live Chat Yes No
Phone Support Kotak Securities vs IDBI Direct - Phone Support Yes Yes
Toll Free Number Kotak Securities vs IDBI Direct - Toll Free Number Yes Yes
Through Branches Kotak Securities vs IDBI Direct - Through Branches Yes Yes
Customer Care Number Kotak Securities vs IDBI Direct - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs IDBI Direct - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs IDBI Direct - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs IDBI Direct - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs IDBI Direct - 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 IDBI Direct - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs IDBI Direct on Research Reports, Tips

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

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

Compare Kotak Securities vs IDBI Direct on Demat Account

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

Demat Charges - Compare Kotak Securities with IDBI Direct
  Kotak Securities IDBI Direct
DP Source CDSL CDSL
DP ID Kotak Securities vs IDBI Direct - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) 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/-) Rs. 450/- p.a ( Rs. 400/- for customers receiving statements by e-mail) Senior citizens ? Rs. 350/- p.a
Advance Deposit NA NO
Statutory charges NA NO
Transaction Charges on Debit (Per ISIN) 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). 0.04% of market value or Rs30/- per Transaction whichever is higher
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs5 per certificate Plus Rs 40 postage
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.20/- for every hundred securities or Flat fee of Rs.20/- per certificate whichever is higher
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- 0.05% of market value or Rs.50/- per transaction whichever is higher
Pledge Creation Confirmation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Closure Confirmation Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- 0.05% of market value or Rs.25/- per transaction whichever is higher
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- 0.15% of market value or Rs.25/- per transaction
Failed Instruction Charges Nil nil
Other Charges Nil NIL

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs IDBI Direct on Special Offers and Promotion

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

Compare Kotak Securities vs IDBI Direct on Special Offers and Promotion
  Kotak Securities IDBI Direct
Pay In and Pay Out Options Kotak Securities vs IDBI Direct - 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 IDBI Direct - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs IDBI Direct - 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
  • 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...

3 in 1 service provider; new user friendly design and content layout on new portal idbidirect.in, investment offerings for NRIs

Detail Review...

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

Detail Review...

Commodities & Currency trading is not available, minimum brokerage charges, technical issues with trading platforms

Detail Review...

Special Offers/Promo 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 Kotak Securities Enquire about IDBI Direct

Last Updated on 2019-06-23T23:14:53+00:00







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