The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Alice Blue ranges between Rs 20. Kotak Securities is a Full Service Broker where Alice Blue is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present side-by-side comparison of Kotak Securities vs Alice Blue 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 Alice Blue'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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX-SX, MCX, NCDEX||BSE, NSE, MCX,MCX-SX,NCDEX|
|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.||From innovative tools to free trade opportunity to education and prioritizing customer service, Alice Blue, the cheapest stock broker provide clients everything they need and more to succeed in Indian share market.|
In this section we have compared Kotak Securities with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Alice Blue charges Rs 310 for Equity and Rs 120 for Commodities for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Alice Blue charges Free Lifetime AMC AMC for Demat account.
|Charges||Kotak Securities||Alice Blue|
|Trading Account Opening Fees||Rs 750||Rs 310 for Equity and Rs 120 for Commodities|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Free Lifetime AMC|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Alice Blue. 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.
|Plan Types||Kotak Securities||Alice Blue|
|Kotak Securities||Alice Blue|
|Account Opening Request|
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.
Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 20 per Trade for Equity Intraday, Derivatives, Currency and Commodities.
|Brokerage Charges Compare||Kotak Securities||Alice Blue|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||Max Rs 20 Trading Plan (F20)|
|Equity Delivery||0.49% or 49 paisa||Free|
|Equity Intraday||0.049% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Equity Futures||0.049% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Equity Options||Rs 300 Per Lot||0.01% or Rs 20 whichever is lower|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||0.01% or Rs 20 whichever is lower|
|Currency Options||Rs 10 Per Lot||0.01% or Rs 20 whichever is lower|
|Commodity Trading||NA||0.01% or Rs 20 whichever is lower|
|Minimum Brokerage||Rs 21 per executed order||NA|
|Funding||Yes - 18% interest PA||Margin Funding with 24% Interest PA|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Rs 20 per executed Order|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Alice Blue|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for Alice Blue|
Compare Kotak Securities with Alice Blue on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Alice Blue|
|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 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 150 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4400 Per Cr|
|Commodity||NA||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for alice-blue|
Compare Kotak Securities with Alice Blue 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 Alice Blue offers only 2-in-1 account which includes trading and demat account. Algo Trading - Alice Blue offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Kotak Securities||Alice Blue|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||Trading software terminal: Keat Pro X|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Alice Blue. 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||Alice Blue|
|Desktop Trading Platform||KEAT Pro X||ANT - Analyse and Trade|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||ANT Mobile|
|Mobile Trading App Demo||Kotak Stock Trader Demo||ANT Mobile Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod ANT Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS ANT Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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 Alice Blue|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Alice Blue|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Alice Blue|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for alice-blue|
|Kotak Securities||Alice Blue|
|79 Customer Reviews||Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews|
Compare Kotak Securities with Alice Blue 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 - Alice Blue offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. Online Mutual Fund Investment - Kotak Securities offers online mutual fund investment option where Alice Blue doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Kotak Securities||Alice Blue|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options|
Order Type - Compare Kotak Securities with Alice Blue 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) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. 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 Alice Blue doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Kotak Securities||Alice Blue|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Kotak Securities with Alice Blue 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.
|Margin Product Compare||Kotak Securities||Alice Blue|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Up to 3x Margin on Equity Delivery with funding facility(24% PA Interest).|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 20x leverage for equity "A" category scripts and 10x for "B" category scripts.|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 10x leverage for equity future intraday (MIS).|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Up to 10x leverage for Index Options Selling and 3x for Index Buying.|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||No extra margin for Equity CO/BO.|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Up to 20x leverage on equity futures CO/BO.|
|Options CO Margin||Info Not Available||No special leverage of options cover orders.|
|Commodity Margin||Info Not Available||Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.|
Compare Kotak Securities with Alice Blue 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 Service Compare||Kotak Securities||Alice Blue|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||080-61575500/22174600|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Bagalur Main Road,
Bangalore – 560063
Compare Kotak Securities with Alice Blue on research reports and tips provided by broker.
|Kotak Securities||Alice Blue|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Kotak Securities||Alice Blue|
|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 0 (Free for life)|
|Advance Deposit||NA||Rs 0|
|Statutory charges||NA||Rs 0, Rs 150 PoA Stamp Charges Included with account opening charges.|
|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).||Rs 15 flat for every debit transaction|
|Demat||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.||Rs 10 per certificate + Rs 50 per request|
|Remat||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-||Rs 30 (Per certificate) + CDSL Charges|
|Pledge Creation||Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/-||Rs 20 + Rs 12 per request (CDSL Charges)|
|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/-||Rs 20 + Rs 12 per request (CDSL Charges)|
|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/-||Nil|
|Pledge Invocation||Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/-||Rs 20 + Rs 12 per request (CDSL Charges)|
|Failed Instruction Charges||Nil||Nil|
Compare Kotak Securities with Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||Alice Blue|
|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 Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Aliceblue Financial Services,
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
|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.||Free delivery Trading, Free Lifetime Demat AMC.|
|Enquire about Kotak Securities|
Last Updated on 2019-06-23T23:14:53+00:00