Kotak Securities Vs Compositedge: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Compositedge ranges between Rs 18. Kotak Securities is a Full Service Broker where Compositedge is a Discount Broker. Kotak Securities is having overall higher rating compare to Compositedge. Kotak Securities is rated 4 out of 5 where Compositedge is rated only 3.5 out of 5.

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

  Kotak Securities Compare
Kotak Securities
Compositedge Compare
Compositedge
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
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. Composite Investments Pvt. Ltd. with centralized operations in Banglore, is a highly credible name with a presence of more than 18 years in the Indian financial markets. The broker provides online share trading services to buy & sell stocks, futu...Know more about Compositedge
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 Compositedge. 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 Compositedge on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with Compositedge on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Compositedge charges Rs 500 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Compositedge charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Compositedge
Charges Kotak Securities Compositedge
Trading Account Opening Fees Rs 750 Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Compositedge on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Compositedge. 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 Compositedge on Plan Options
Plan Types Kotak Securities Compositedge
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Compositedge
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Compositedge 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.

Compositedge Brokerage Plan detail - Compositedge flat rate brokerage plan offer first 1000 trader @Rs18 per trade in equity, commodities, futures and option segment, From 1001 onwards its @Rs15 Per trade.

Brokerage Charges - Compare Kotak Securities with Compositedge
Brokerage Charges Compare Kotak Securities Compositedge
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Max Rs 15 Per Order Trading Plan
Equity Delivery 0.49% or 49 paisa 0.06% or Rs 15 whichever is lower
Equity Intraday 0.049% or 5 paisa 0.006 % or Rs 15 whichever is lower
Equity Futures 0.049% or 5 paisa 0.006 % or Rs 15 whichever is lower
Equity Options Rs 300 Per Lot Flat Fee Rs 15
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.006 % or Rs 15 whichever is lower
Currency Options Rs 10 Per Lot Flat Fee Rs 15
Commodity Trading NA Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Compositedge
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Compositedge
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Share Broker's Transaction Charges

Compare Kotak Securities vs Compositedge on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Compositedge
Transaction Charges Compare Kotak Securities Compositedge
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 290 Per Cr
Equity Options Rs 5000 Per Cr Rs 7000 Per Cr
Currency Futures Rs 110 Per Cr Rs 220 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 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 compositedge
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Account Features

Compare Kotak Securities vs Compositedge on Account Features

Compare Kotak Securities with Compositedge 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 Compositedge offers only 2-in-1 account which includes trading and demat account. Algo Trading - Compositedge 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 Compositedge
Account Features Compare Kotak Securities Compositedge
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 No
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No No
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 Compositedge on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Compositedge. 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 Compositedge
Trading Platform Compare Kotak Securities Compositedge
Desktop Trading Platform KEAT Pro X NSE NOW - The trader workstation
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 http://www.nowonline.in/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader NSE NOW
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod NSE NOW Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS NSE NOW Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Compositedge
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Compositedge
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Compositedge
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for compositedge

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Broker Ratings by Users

Compare Kotak Securities vs Compositedge on User Rating

  Kotak Securities Compositedge
  79 Customer Reviews    Rate Kotak Securities 13 Customer Reviews    Rate Compositedge
Fees Ratings 2.6 4.1
Trading Brokerage Rating 2.7 4.7
Trading Platform Usability 3.2 4.1
Customer Service Ratings 3.1 4.4
Overall Ratings Rated 2.8 stars Rated 4.3 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Compositedge is Rated 4.3 / 5 based on 13 customer reviews
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Investment Offerings

Compare Kotak Securities vs Compositedge on Investment Offerings

Compare Kotak Securities with Compositedge 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 - Compositedge 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 Compositedge doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Kotak Securities with Compositedge
Investment Offerings Compare Kotak Securities Compositedge
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
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Order Types

Compare Kotak Securities vs Compositedge on Order Types

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

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

Compare Kotak Securities vs Compositedge on Margin/Leverage

Comapre Kotak Securities with Compositedge 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 Compositedge
Margin Product Compare Kotak Securities Compositedge
Equity Delivery Margin Kotak Securities vs Compositedge - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs Compositedge - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs Compositedge - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs Compositedge - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs Compositedge - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs Compositedge - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs Compositedge - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Compositedge - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs Compositedge on Customer Service

Compare Kotak Securities with Compositedge 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 Compositedge
Customer Service Compare Kotak Securities Compositedge
24/7 Customer Service Kotak Securities vs Compositedge - 24x7 customer support No No
Email Support Kotak Securities vs Compositedge - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Compositedge - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Compositedge - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Compositedge - Toll Free Number Yes No
Through Branches Kotak Securities vs Compositedge - Through Branches Yes No
Customer Care Number Kotak Securities vs Compositedge - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs Compositedge - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs Compositedge - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs Compositedge - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs Compositedge - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs Compositedge - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs Compositedge on Research Reports, Tips

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

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

Compare Kotak Securities vs Compositedge on Demat Account

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

Demat Charges - Compare Kotak Securities with Compositedge
  Kotak Securities Compositedge
DP Source CDSL CDSL
DP ID Kotak Securities vs Compositedge - DP ID 49200 No
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.25 Per Month + Service Tax (AMC) for POA Clients Rs.35 Per Month + Service Tax (AMC) for General Clients
Advance Deposit NA NIL
Statutory charges NA Rs.50/- Stamp 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). Buying = NIL Sell = 0.04% or Rs.8/= whichever is higher + CDSL Charges for POA Clients Buying ( NIL ) Sell = 0.05% or Rs.12/= whichever is higher + CDSL Charges for General Clients
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs.2/- + Courier Charges
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.15/- Rs.10 for every 100 shares or part thereof or a flat fee of Rs.10 per certificate whichever is higher( 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/- per ISIN + Rs.12 per request (CDSL Charges) for POA clients Rs.30/- per ISIN + Rs.12 per request (CDSL Charges) for General clients
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/- per ISIN + 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/= per ISIN
Failed Instruction Charges Nil Rs.50/- per ISIN
Other Charges Nil Cheque Bounce Rs. 100/- per cheque Extra Statement Rs.5/- per page

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Compositedge on Special Offers and Promotion

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

Compare Kotak Securities vs Compositedge on Special Offers and Promotion
  Kotak Securities Compositedge
Pay In and Pay Out Options Kotak Securities vs Compositedge - 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.
Info Not Available
Payout Time Kotak Securities vs Compositedge - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs Compositedge - 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. Info Not Available
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...

Platform designed for experienced and knowledgeable traders; Trading in IPO and mutual fund is possible; Serving NRIs and PIOs;Referral programme; Semi and fully automated Algo trading Software.

Detail Review...

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

Detail Review...

Minimum brokerage charged; not suited for penny stock traders; other hidden charges.

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.
Enquire about Kotak Securities Enquire about Compositedge

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







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