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Kotak Securities Vs Karvy: 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 ranges between Rs. 20 per order while the brokerage of Karvy ranges between 0.03 to 0.3%. 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 11,79,674 where number of active customer for Karvy is . Kotak Securities is serving more customer compare to Karvy.

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

  Kotak Securities Compare
Kotak Securities
Karvy Compare
Karvy
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, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 11,79,674
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 One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
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 Karvy on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Karvy
Charges Kotak Securities Karvy
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Karvy on Plan Options

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

Compare Kotak Securities with Karvy on Plan Options
Plan Types Kotak Securities Karvy
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 Karvy 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.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Kotak Securities with Karvy
Brokerage Charges Compare Kotak Securities Karvy
Plan Name Kotak Securities Trade Free Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.25% 0.3% or 30 paisa
Equity Intraday Free 0.03% or 3 paisa
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 50 Per Lot
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 50 Per Lot
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding 12.49% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges 20 calls free and after that Rs 20 per call Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare Kotak Securities vs Karvy on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Karvy
Transaction Charges Compare Kotak Securities Karvy
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for karvy
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Account Features

Compare Kotak Securities vs Karvy on Account Features

Compare Kotak Securities with Karvy 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 Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - Karvy offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Kotak Securities offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - Kotak Securities offers NRI where Karvy doesn't offers NRI Trading.

Account Features - Kotak Securities with Karvy
Account Features Compare Kotak Securities Karvy
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 Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Karvy. 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 Karvy
Trading Platform Compare Kotak Securities Karvy
Desktop Trading Platform Neo Karvy NESTTrader
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://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo KarvyOnline
Mobile Trading App Demo Kotak Neo Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Neo Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Kotak Securities vs Karvy on User Rating

  Kotak Securities Karvy
  82 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate Karvy
Fees Ratings 2.6 2.7
Trading Brokerage Rating 2.7 2.3
Trading Platform Usability 3.2 2.3
Customer Service Ratings 3.1 3.7
Overall Ratings 2.8 2.7
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Kotak Securities vs Karvy on Investment Offerings

Compare Kotak Securities with Karvy 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) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Compare Kotak Securities vs Karvy on Order Types

Order Type - Compare Kotak Securities with Karvy 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)- Kotak Securities offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Karvy
Order Type Compare Kotak Securities Karvy
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 No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Kotak Securities vs Karvy on Customer Service

Compare Kotak Securities with Karvy 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 Karvy
Customer Service Compare Kotak Securities Karvy
24/7 Customer Service Kotak Securities vs Karvy - 24x7 customer support No No
Email Support Kotak Securities vs Karvy - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Karvy - Onine Live Chat Yes No
Phone Support Kotak Securities vs Karvy - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Karvy - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Karvy - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Karvy - Customer Care Number 1800 209 9191 18004198283/7093706007/18004198283
Account Opening Process Kotak Securities vs Karvy - Account Opening Process Online Online/Paperless
Customer Support Email Kotak Securities vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Karvy - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.karvyonline.com/knowledge-center/index
Head Office Address Kotak Securities vs Karvy - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Kotak Securities vs Karvy - Company Website https://www.kotaksecurities.com www.karvyonline.com
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Tips/Research/Reports Published

Compare Kotak Securities vs Karvy on Research Reports, Tips

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

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

Compare Kotak Securities vs Karvy on Demat Account

Compare Kotak Securities with Karvy 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 Karvy is ₹365 pa 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 Karvy is ₹15 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 Karvy
  Kotak Securities Karvy
DP Source CDSL CDSL
DP ID Kotak Securities vs Karvy - DP ID 49200 33200
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹365 pa
Advance Deposit NA NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹15 per transaction
Demat ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹40 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.05% of transaction value (Min ₹30) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure 0.05% of transaction value (Min ₹30) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Karvy on Special Offers and Promotion

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

Compare Kotak Securities vs Karvy on Special Offers and Promotion
  Kotak Securities Karvy
Pay In and Pay Out Options Kotak Securities vs Karvy - 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.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Karvy - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Kotak Securities vs Karvy - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
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...

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...

  • 3-in-1 account opening facility is not available with Karvy.

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