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Kotak Securities Vs 5paisa: 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 5paisa ranges between Rs 20. Kotak Securities is a Full Service Broker where 5paisa is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for 5paisa is 10,75,717 where number of active customer for Kotak Securities is 10,56,932. 5paisa is serving more customer compare to Kotak Securities.

Here we present side-by-side comparison of Kotak Securities vs 5paisa 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 5paisa'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 5paisa 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 5paisa'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 5paisa on Service

  Kotak Securities Compare
Kotak Securities
5paisa Compare
5paisa
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 4 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4 stars
Customer Service Rated 3.5 stars Rated 4 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 10,56,932 10,75,717
Broker Overview Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear... Know more about Kotak Securities 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...Know more about 5paisa
Broker Enquiry Request call back from Kotak Securities Request call back from 5paisa
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Account Opening Charges and AMC

Compare Kotak Securities vs 5paisa on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with 5paisa on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with 5paisa
Charges Kotak Securities 5paisa
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs 5paisa on Plan Options

Plans are the most important feature you look when compare Kotak Securities with 5paisa. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with 5paisa on Plan Options
Plan Types Kotak Securities 5paisa
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities 5paisa
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs 5paisa 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 a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Brokerage Charges - Compare Kotak Securities with 5paisa
Brokerage Charges Compare Kotak Securities 5paisa
Plan Name Kotak Securities Trade Free Plan Basic Plan
Equity Delivery 0.25% or Rs 20 whichever is higher Flat Fee Rs 20
Equity Intraday Free Flat Fee Rs 20
Equity Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Equity Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 100 per call(No limit of orders)
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 100 per call(No limit of orders)
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for 5paisa
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Share Broker's Transaction Charges

Compare Kotak Securities vs 5paisa on Transaction Charges

Compare Kotak Securities with 5paisa on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with 5paisa
Transaction Charges Compare Kotak Securities 5paisa
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 110 Per Cr Rs 90 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Rs 260 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for 5paisa
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Account Features

Compare Kotak Securities vs 5paisa on Account Features

Compare Kotak Securities with 5paisa 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 5paisa offers only 2-in-1 account which includes trading and demat account. Algo Trading - 5paisa 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 5paisa doesn't offers NRI Trading.

Account Features - Kotak Securities with 5paisa
Account Features Compare Kotak Securities 5paisa
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 Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features Trading software terminal: Keat Pro X NIL
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Trading Platform

Compare Kotak Securities vs 5paisa on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and 5paisa. 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 5paisa
Trading Platform Compare Kotak Securities 5paisa
Desktop Trading Platform KEAT Pro X 5paisaTradeStation
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://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader 5paisa Mobile App
Mobile Trading App Demo Kotak Stock Trader Demo 5paisa Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod 5paisa Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS 5paisa Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for 5paisa
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for 5paisa
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for 5paisa
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for 5paisa

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Broker Ratings by Users

Compare Kotak Securities vs 5paisa on User Rating

  Kotak Securities 5paisa
  81 Customer Reviews    Rate Kotak Securities 27 Customer Reviews    Rate 5paisa
Fees Ratings 2.6 3.1
Trading Brokerage Rating 2.7 3.9
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.1 2.7
Overall Ratings Rated 2.8 stars Rated 3.2 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews 5paisa is Rated 3.2 / 5 based on 27 customer reviews
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Investment Offerings

Compare Kotak Securities vs 5paisa on Investment Offerings

Compare Kotak Securities with 5paisa 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 don't have PMS Service.

Investment Offerings - Compare Kotak Securities with 5paisa
Investment Offerings Compare Kotak Securities 5paisa
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 No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs 5paisa on Order Types

Order Type - Compare Kotak Securities with 5paisa 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- Kotak Securities offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with 5paisa
Order Type Compare Kotak Securities 5paisa
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 No
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Customer Service Offered

Compare Kotak Securities vs 5paisa on Customer Service

Compare Kotak Securities with 5paisa 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 5paisa
Customer Service Compare Kotak Securities 5paisa
24/7 Customer Service Kotak Securities vs 5paisa - 24x7 customer support No No
Email Support Kotak Securities vs 5paisa - Email Support Yes Yes
Onine Live Chat Kotak Securities vs 5paisa - Onine Live Chat Yes No
Phone Support Kotak Securities vs 5paisa - Phone Support Yes Yes
Toll Free Number Kotak Securities vs 5paisa - Toll Free Number Yes No
Through Branches Kotak Securities vs 5paisa - Through Branches Yes No
Customer Care Number Kotak Securities vs 5paisa - Customer Care Number 1800 209 9191 +91 89766 89766
Account Opening Process Kotak Securities vs 5paisa - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs 5paisa - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs 5paisa - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.5paisa.com/knowledge-centre
Head Office Address Kotak Securities vs 5paisa - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Website Kotak Securities vs 5paisa - Company Website https://www.kotaksecurities.com https://www.5paisa.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs 5paisa on Research Reports, Tips

Compare Kotak Securities with 5paisa on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with 5paisa
  Kotak Securities 5paisa
Research Mutual Funds Kotak Securities vs 5paisa - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs 5paisa - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs 5paisa - Research ETF Yes No
Daily Market Report Kotak Securities vs 5paisa - Daily Market Report Yes Yes
Free Tips Kotak Securities vs 5paisa - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs 5paisa - Quarterly Results Yes No
News Alerts Kotak Securities vs 5paisa - Yes Yes
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Demat Account

Compare Kotak Securities vs 5paisa on Demat Account

Compare Kotak Securities with 5paisa 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 5paisa is ₹300 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 5paisa is ₹12.50 per ISIN.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 5paisa
  Kotak Securities 5paisa
DP Source CDSL CDSL
DP ID Kotak Securities vs 5paisa - DP ID 49200 82500
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 pa
Advance Deposit NA NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12.50 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹15 per certificate
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities or ₹15 per certificate whichever is higher
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Closure 0.05% of transaction value (Min ₹30) NIL
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) NIL
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs 5paisa on Special Offers and Promotion

Compare Kotak Securities with 5paisa on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs 5paisa on Special Offers and Promotion
  Kotak Securities 5paisa
Pay In and Pay Out Options Kotak Securities vs 5paisa - 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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs 5paisa - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Max 24 hrs except bank holidays
Bank Supported and Charges Kotak Securities vs 5paisa - 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 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

Detail Review...

  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

Dislikes
  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

Detail Review...

  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

Special Offers/Promo
Enquiry Open Kotak Securities Account Now>> Open 5paisa Account Now>>

Last Updated on 2023-01-12T21:46:37+00:00