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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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...|
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 Account Opening Fees||Rs 750||Rs 500|
|Demat Account Opening Fees||Free||Rs 100|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||Compositedge|
|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.
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||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|
Compare Kotak Securities with Compositedge on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||Compositedge|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|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 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||Compositedge|
|Desktop Trading Platform||KEAT Pro X||NSE NOW - The trader workstation|
|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||http://www.nowonline.in/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||NSE NOW|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod NSE NOW Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS NSE NOW Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|79 Customer Reviews||13 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||Compositedge is Rated 4.3 / 5 based on 13 customer reviews|
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||Compositedge|
|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 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 Type Compare||Kotak Securities||Compositedge|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||Compositedge|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Info Not Available|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Info Not Available|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Info Not Available|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||Kotak Securities||Compositedge|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs||Info Not Available|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Info Not Available|
|Website||https://www.kotaksecurities.com||Info Not Available|
Compare Kotak Securities with Compositedge on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Compositedge on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Kotak Securities with Compositedge on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.||Info Not Available|
|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|
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.
Minimum brokerage charged; not suited for penny stock traders; other hidden charges.
|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