Kotak Securities Vs Alice Blue: Which one is better?

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.

Compare Kotak Securities vs Alice Blue on Service

  Kotak Securities Compare
Kotak Securities
Alice Blue Compare
Alice Blue
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-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.
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare Kotak Securities vs Alice Blue on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Alice Blue
Charges Kotak Securities Alice Blue
Trading Account Opening Fees Rs 750 Rs 310 for Equity and Rs 120 for Commodities
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Free Lifetime AMC
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Alice Blue on Plan Options

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.

Compare Kotak Securities with Alice Blue on Plan Options
Plan Types Kotak Securities Alice Blue
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Alice Blue
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Alice Blue 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.

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 with Alice Blue
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
Hidden Charges No No
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
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Alice Blue
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
Expand

Account Features

Compare Kotak Securities vs Alice Blue on Account Features

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 - Kotak Securities with Alice Blue
Account Features Compare Kotak Securities Alice Blue
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 No
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X
Expand

Trading Platform

Compare Kotak Securities vs Alice Blue on Trading Platform

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 with Alice Blue
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) 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
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader ANT Mobile
Mobile Trading App Demo Kotak Stock Trader Demo ANT Mobile Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod ANT Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS ANT Mobile 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 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

Expand

Broker Ratings by Users

Compare Kotak Securities vs Alice Blue on User Rating

  Kotak Securities Alice Blue
  79 Customer Reviews    Rate Kotak Securities Customer Reviews    Rate Alice Blue
Fees Ratings 2.6
Trading Brokerage Rating 2.7
Trading Platform Usability 3.2
Customer Service Ratings 3.1
Overall Ratings Rated 2.8 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Alice Blue on Investment Offerings

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 with Alice Blue
Investment Offerings Compare Kotak Securities Alice Blue
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
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 No
PMS Service No No
Other Investment Options
Expand

Order Types

Compare Kotak Securities vs Alice Blue on Order Types

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 Types - Compare Kotak Securities with Alice Blue
Order Type Compare Kotak Securities Alice Blue
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Margin/Leverage

Compare Kotak Securities vs Alice Blue on Margin/Leverage

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.

Exposure/margin - Compare Kotak Securities with Alice Blue
Margin Product Compare Kotak Securities Alice Blue
Equity Delivery Margin Kotak Securities vs 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 Kotak Securities vs Alice Blue - 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 Kotak Securities vs Alice Blue - 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 Kotak Securities vs Alice Blue - 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 Kotak Securities vs Alice Blue - 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 Kotak Securities vs Alice Blue - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 20x leverage on equity futures CO/BO.
Options CO Margin Kotak Securities vs Alice Blue - Options CO Margin Info Not Available No special leverage of options cover orders.
Commodity Margin Kotak Securities vs Alice Blue - Commodity Margin Info Not Available Upto 10x on commodity MIS, and up to 20x for commodity CO/BO.
Expand

Customer Service Offered

Compare Kotak Securities vs Alice Blue on Customer Service

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 Support - Compare Kotak Securities with Alice Blue
Customer Service Compare Kotak Securities Alice Blue
24/7 Customer Service Kotak Securities vs Alice Blue - 24x7 customer support No No
Email Support Kotak Securities vs Alice Blue - Email Support Yes No
Onine Live Chat Kotak Securities vs Alice Blue - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Alice Blue - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Alice Blue - Toll Free Number Yes No
Through Branches Kotak Securities vs Alice Blue - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Alice Blue - Customer Care Number 18002099191/1800222299/18002099292 080-61575500/22174600
Account Opening Process Kotak Securities vs Alice Blue - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Alice Blue - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Alice Blue - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://www.aliceblueonline.com/alice-knowledge-base/
Head Office Address Kotak Securities vs Alice Blue - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Website Kotak Securities vs Alice Blue - Company Website https://www.kotaksecurities.com https://www.aliceblueonline.com
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Alice Blue on Research Reports, Tips

Compare Kotak Securities with Alice Blue on research reports and tips provided by broker.

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

Demat Account

Compare Kotak Securities vs Alice Blue on Demat Account

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

Demat Charges - Compare Kotak Securities with Alice Blue
  Kotak Securities Alice Blue
DP Source CDSL CDSL
DP ID Kotak Securities vs Alice Blue - DP ID 49200 83500
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
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Alice Blue on Special Offers and Promotion

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

Compare Kotak Securities vs Alice Blue on Special Offers and Promotion
  Kotak Securities Alice Blue
Pay In and Pay Out Options Kotak Securities vs 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 Kotak Securities vs Alice Blue - 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 Kotak Securities vs Alice Blue - 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,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • Low cost brokerage structure, no hidden charges.
  • Rs 20 trading plan for all segments and free delivery trading.
  • Free of cost trading platform.
  • After Market Order (AMO), Cover Order and Bracket Order are available on both web and mobile.

Detail Review...

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

Detail Review...

  • Alice Blue doesn't provide tips and recommendations.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to invest online in Mutual Funds.

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. Free delivery Trading, Free Lifetime Demat AMC.
Enquire about Kotak Securities

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







Search topsharebrokers.com:

Translate topsharebrokers.com: