Kotak Securities Vs Axis Direct: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Axis Direct ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Axis Direct. Kotak Securities is rated 4 out of 5 where Axis Direct is rated only 3.5 out of 5.

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

  Kotak Securities Compare
Kotak Securities
Axis Direct Compare
Axis Direct
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-SX, MCX, NCDEX BSE, NSE
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. Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Brokering Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited.
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Axis Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Kotak Securities vs Axis Direct on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with Axis Direct on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Axis Direct charges Rs 999 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Axis Direct charges Rs 650 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Axis Direct
Charges Kotak Securities Axis Direct
Trading Account Opening Fees Rs 750 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Rs 650
Demat AMC Rs 600 PA Rs 650 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Axis Direct on Plan Options

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

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

Account Opening

  Kotak Securities Axis Direct
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Axis Direct 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.

Axis Direct Brokerage Plan detail - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).

Brokerage Charges - Compare Kotak Securities with Axis Direct
Brokerage Charges Compare Kotak Securities Axis Direct
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.49% or 49 paisa 0.5% or 50 paisa
Equity Intraday 0.049% or 5 paisa 0.05% or 5 paisa
Equity Futures 0.049% or 5 paisa 0.05% or 5 paisa
Equity Options Rs 300 Per Lot Rs 10 Per Lot
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.05% or 5 paisa
Currency Options Rs 10 Per Lot Rs 20 Per Lot
Commodity Trading NA Futures - .03 or 3 paisa, Options - Rs 50 Per Lot
Minimum Brokerage Rs 21 per executed order
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls Free and after that Rs 20 per call 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Axis Direct
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Axis Direct
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Share Broker's Transaction Charges

Compare Kotak Securities vs Axis Direct on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Axis Direct
Transaction Charges Compare Kotak Securities Axis Direct
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 100 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for axisdirect
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Account Features

Compare Kotak Securities vs Axis Direct on Account Features

Compare Kotak Securities with Axis Direct on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - Axis Direct offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Kotak Securities with Axis Direct
Account Features Compare Kotak Securities Axis Direct
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X
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Trading Platform

Compare Kotak Securities vs Axis Direct on Trading Platform

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

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Broker Ratings by Users

Compare Kotak Securities vs Axis Direct on User Rating

  Kotak Securities Axis Direct
  79 Customer Reviews    Rate Kotak Securities 4 Customer Reviews    Rate Axis Direct
Fees Ratings 2.6 3.0
Trading Brokerage Rating 2.7 2.5
Trading Platform Usability 3.2 2.8
Customer Service Ratings 3.1 2.8
Overall Ratings Rated 2.8 stars Rated 2.8 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Offerings

Compare Kotak Securities vs Axis Direct on Investment Offerings

Compare Kotak Securities with Axis Direct 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 - Axis Direct offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Kotak Securities vs Axis Direct on Order Types

Order Type - Compare Kotak Securities with Axis Direct 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) - Kotak Securities provide Bracket Orders (BO) where Axis Direct doesn't offer.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- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Kotak Securities with Axis Direct
Order Type Compare Kotak Securities Axis Direct
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Kotak Securities vs Axis Direct on Margin/Leverage

Comapre Kotak Securities with Axis Direct 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 Axis Direct
Margin Product Compare Kotak Securities Axis Direct
Equity Delivery Margin Kotak Securities vs Axis Direct - Equity Delivery Margin Upto 5x via Margin Funding. Upto 4x via Margin Funding for T+30 days
Equity Intraday Margin Kotak Securities vs Axis Direct - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 6x leverage for equity.
Futures Margin Kotak Securities vs Axis Direct - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 2x leverage for futures.
Options Margin Kotak Securities vs Axis Direct - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Kotak Securities vs Axis Direct - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Upto 25x margin/leverage in CO for selected equity scripts.
Futures CO Margin Kotak Securities vs Axis Direct - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Upto 25x margin/leverage in CO.
Options CO Margin Kotak Securities vs Axis Direct - Options CO Margin Info Not Available Upto 50x margin/leverage in CO, Options contracts Sell only.
Commodity Margin Kotak Securities vs Axis Direct - Commodity Margin Info Not Available Upto 2x margin/leverage for Commdities Intraday Futures.
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Customer Service Offered

Compare Kotak Securities vs Axis Direct on Customer Service

Compare Kotak Securities with Axis Direct 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 Axis Direct
Customer Service Compare Kotak Securities Axis Direct
24/7 Customer Service Kotak Securities vs Axis Direct - 24x7 customer support No No
Email Support Kotak Securities vs Axis Direct - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Axis Direct - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Axis Direct - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Axis Direct - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Axis Direct - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Axis Direct - Customer Care Number 18002099191/1800222299/18002099292 022-61480808
Account Opening Process Kotak Securities vs Axis Direct - Account Opening Process Offline Offline
Customer Support Email Kotak Securities vs Axis Direct - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Axis Direct - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://simplehai.axisdirect.in/learn/overview
Head Office Address Kotak Securities vs Axis Direct - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Kotak Securities vs Axis Direct - Company Website https://www.kotaksecurities.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Kotak Securities vs Axis Direct on Research Reports, Tips

Compare Kotak Securities with Axis Direct on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities with Axis Direct
  Kotak Securities Axis Direct
Research Mutual Funds Kotak Securities vs Axis Direct - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs Axis Direct - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs Axis Direct - Research ETF Yes Yes
Daily Market Report Kotak Securities vs Axis Direct - Daily Market Report Yes Yes
Free Tips Kotak Securities vs Axis Direct - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs Axis Direct - Quarterly Results Yes Yes
News Alerts Kotak Securities vs Axis Direct - Yes Yes
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Demat Account

Compare Kotak Securities vs Axis Direct on Demat Account

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

Demat Charges - Compare Kotak Securities with Axis Direct
  Kotak Securities Axis Direct
DP Source CDSL CDSL
DP ID Kotak Securities vs Axis Direct - DP ID 49200 49200
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. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
Advance Deposit NA Nil
Statutory charges NA NIL
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). 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
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/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
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/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges Nil Nil
Other Charges Nil Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Axis Direct on Special Offers and Promotion

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

Compare Kotak Securities vs Axis Direct on Special Offers and Promotion
  Kotak Securities Axis Direct
Pay In and Pay Out Options Kotak Securities vs Axis Direct - 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 from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Kotak Securities vs Axis Direct - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Instance to Axis Bank.
Bank Supported and Charges Kotak Securities vs Axis Direct - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Direct from your Axis bank account.
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...

Seamless trade through 3 in 1 account, commodity trading, quality research, intutitive and powerful trading tools, robust trading platforms.

Detail Review...

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

Detail Review...

pay for software usage.

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. Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire about Kotak Securities Enquire about Axis Direct

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







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