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Kotak Securities Vs Dhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities Max Rs. 20 per order per trade while the brokerage of Dhan ranges between Rs 20. Kotak Securities is a Full Service Broker where Dhan is a Discount Broker. Kotak Securities is having overall higher rating compare to Dhan. Kotak Securities is rated 4 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Kotak Securities is 12,08,948 where number of active customer for Dhan is 4,69,961. Kotak Securities is serving more customer compare to Dhan.

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

  Kotak Securities Compare
Kotak Securities
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 12,08,948 4,69,961
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Kotak Securities with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Dhan
Charges Kotak Securities Dhan
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Dhan on Plan Options

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

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

Account Opening

  Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Dhan on Brokerage Charges

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

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare Kotak Securities with Dhan
Brokerage Charges Compare Kotak Securities Dhan
Plan Name Kotak Securities Trade Free Plan Dhan Brokerage Plan
Equity Delivery 0.25% Free
Equity Intraday Free 0.03% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order No
Hidden Charges No No
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 50 per order + GST
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare Kotak Securities vs Dhan on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Dhan
Transaction Charges Compare Kotak Securities Dhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for dhan
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Account Features

Compare Kotak Securities vs Dhan on Account Features

Compare Kotak Securities with Dhan 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 Dhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Kotak Securities offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Kotak Securities with Dhan
Account Features Compare Kotak Securities Dhan
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Dhan. 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 Kotak Securities with Dhan
Trading Platform Compare Kotak Securities Dhan
Desktop Trading Platform Neo Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
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://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo Dhan App
Mobile Trading App Demo Kotak Neo Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare Kotak Securities vs Dhan on User Rating

  Kotak Securities Dhan
  82 Customer Reviews    Rate Kotak Securities 12 Customer Reviews    Rate Dhan
Fees Ratings 2.6 2.8
Trading Brokerage Rating 2.7 3.6
Trading Platform Usability 3.2 3.2
Customer Service Ratings 3.1 2.8
Overall Ratings 2.8 3.3
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Kotak Securities vs Dhan on Investment Offerings

Compare Kotak Securities with Dhan 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 - Kotak Securities offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where Dhan doesn't offer

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

Compare Kotak Securities vs Dhan on Order Types

Order Type - Compare Kotak Securities with Dhan 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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 Kotak Securities with Dhan
Order Type Compare Kotak Securities Dhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Kotak Securities vs Dhan on Customer Service

Compare Kotak Securities with Dhan 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 Kotak Securities with Dhan
Customer Service Compare Kotak Securities Dhan
24/7 Customer Service Kotak Securities vs Dhan - 24x7 customer support No No
Email Support Kotak Securities vs Dhan - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Dhan - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Dhan - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Dhan - Toll Free Number Yes No
Through Branches Kotak Securities vs Dhan - Through Branches Yes No
Customer Care Number Kotak Securities vs Dhan - Customer Care Number 1800 209 9191 022-48906273
Account Opening Process Kotak Securities vs Dhan - Account Opening Process Online Zero
Customer Support Email Kotak Securities vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Dhan - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://knowledge.dhan.co/support/home
Head Office Address Kotak Securities vs Dhan - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Kotak Securities vs Dhan - Company Website https://www.kotaksecurities.com https://dhan.co/
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Tips/Research/Reports Published

Compare Kotak Securities vs Dhan on Research Reports, Tips

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

Research Reports - Compare Kotak Securities with Dhan
  Kotak Securities Dhan
Research Mutual Funds Kotak Securities vs Dhan - Research Mutual Funds Yes No
Research Equity Reports Kotak Securities vs Dhan - Research Equity Reports Yes No
Research ETF Kotak Securities vs Dhan - Research ETF Yes No
Daily Market Report Kotak Securities vs Dhan - Daily Market Report Yes No
Free Tips Kotak Securities vs Dhan - Free Tips Yes No
Quarterly Result Analysis Kotak Securities vs Dhan - Quarterly Results Yes No
News Alerts Kotak Securities vs Dhan - Yes No
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Demat Account

Compare Kotak Securities vs Dhan on Demat Account

Compare Kotak Securities with Dhan 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 Dhan is Zero where for Kotak Securities is ₹780 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 Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Dhan is ₹12.5 per transaction.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 Kotak Securities with Dhan
  Kotak Securities Dhan
DP Source CDSL CDSL
DP ID Kotak Securities vs Dhan - DP ID 49200 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Zero
Advance Deposit NA Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12.5 per transaction
Demat ₹3 per certificate + ₹50 courier charges ₹250 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹250 per certificate + courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Dhan on Special Offers and Promotion

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

Compare Kotak Securities vs Dhan on Special Offers and Promotion
  Kotak Securities Dhan
Pay In and Pay Out Options Kotak Securities vs Dhan - 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.
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Kotak Securities vs Dhan - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Kotak Securities vs Dhan - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail Direct from your Kotak Mahindra bank account.
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

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

Last Updated on 2024-02-17T05:10:46+00:00