Compare 3 Brokers

Kotak Securities Vs Finvasia: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Finvasia ranges between Rs 0. Kotak Securities is a Full Service Broker where Finvasia 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 Finvasia 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 Finvasia'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 Finvasia on Service

  Kotak Securities Compare
Kotak Securities
Finvasia Compare
Finvasia
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. Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...Know more about Finvasia
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 Finvasia. 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 Finvasia on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare Kotak Securities with Finvasia
Charges Kotak Securities Finvasia
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Rs 0 (Rs 199 for POA)
Demat AMC Rs 600 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Finvasia on Plan Options

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

Account Opening

  Kotak Securities Finvasia
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Finvasia 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan

Brokerage Charges - Compare Kotak Securities with Finvasia
Brokerage Charges Compare Kotak Securities Finvasia
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Zero Brokerage Trading Plan
Equity Delivery 0.49% or 49 paisa Free
Equity Intraday 0.049% or 5 paisa Free
Equity Futures 0.049% or 5 paisa Free
Equity Options Rs 300 Per Lot Free
Currency Futures .02% or Rs. 10 per lot whichever is higher Free
Currency Options Rs 10 Per Lot Free
Commodity Trading NA Free
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 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 Finvasia
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Finvasia
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Share Broker's Transaction Charges

Compare Kotak Securities vs Finvasia on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Finvasia
Transaction Charges Compare Kotak Securities Finvasia
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 115 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for finvasia
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Account Features

Compare Kotak Securities vs Finvasia on Account Features

Compare Kotak Securities with Finvasia 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 Finvasia offers only 2-in-1 account which includes trading and demat account. Algo Trading - Finvasia 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 Finvasia
Account Features Compare Kotak Securities Finvasia
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 Yes
Online Portfolio Yes Yes
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 NIL
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Trading Platform

Compare Kotak Securities vs Finvasia on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Finvasia. 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 Finvasia
Trading Platform Compare Kotak Securities Finvasia
Desktop Trading Platform KEAT Pro X OMNESYS NEST
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 https://trade.finvasia.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader SCALPERT
Mobile Trading App Demo Kotak Stock Trader Demo SCALPERT Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod SCALPERT Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Basic Tools are free, advance tools are chargable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare Kotak Securities vs Finvasia on User Rating

  Kotak Securities Finvasia
  79 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate Finvasia
Fees Ratings 2.6 3.0
Trading Brokerage Rating 2.7 3.8
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.1 3.4
Overall Ratings Rated 2.8 stars Rated 3.6 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Finvasia is Rated 3.6 / 5 based on 5 customer reviews
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Investment Offerings

Compare Kotak Securities vs Finvasia on Investment Offerings

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

Compare Kotak Securities vs Finvasia on Order Types

Order Type - Compare Kotak Securities with Finvasia 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 Finvasia doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Finvasia
Order Type Compare Kotak Securities Finvasia
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
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Margin/Leverage

Compare Kotak Securities vs Finvasia on Margin/Leverage

Comapre Kotak Securities with Finvasia 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 Finvasia
Margin Product Compare Kotak Securities Finvasia
Equity Delivery Margin Kotak Securities vs Finvasia - Equity Delivery Margin Upto 5x via Margin Funding. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Kotak Securities vs Finvasia - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 10x leverage for equity.
Futures Margin Kotak Securities vs Finvasia - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 2x leverage (of NRML Margin) for futures.
Options Margin Kotak Securities vs Finvasia - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. No leverage on options buying and selling.
Equity CO Margin Kotak Securities vs Finvasia - 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 Finvasia - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs Finvasia - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Finvasia - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs Finvasia on Customer Service

Compare Kotak Securities with Finvasia 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 Finvasia
Customer Service Compare Kotak Securities Finvasia
24/7 Customer Service Kotak Securities vs Finvasia - 24x7 customer support No No
Email Support Kotak Securities vs Finvasia - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Finvasia - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Finvasia - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Finvasia - Toll Free Number Yes No
Through Branches Kotak Securities vs Finvasia - Through Branches Yes No
Customer Care Number Kotak Securities vs Finvasia - Customer Care Number 18002099191/1800222299/18002099292 +911726670000/+911724770000/+919779097777
Account Opening Process Kotak Securities vs Finvasia - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Finvasia - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Finvasia - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs Finvasia - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Website Kotak Securities vs Finvasia - Company Website https://www.kotaksecurities.com https://www.finvasia.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs Finvasia on Research Reports, Tips

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

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

Compare Kotak Securities vs Finvasia on Demat Account

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

Demat Charges - Compare Kotak Securities with Finvasia
  Kotak Securities Finvasia
DP Source CDSL CDSL
DP ID Kotak Securities vs Finvasia - DP ID 49200 84300
Demat Account Annual Maintenance Charges(AMC) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) Free
Advance Deposit NA Rs 0
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹3 per certificate + ₹50 courier charges ₹15 per certificate
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹19 per transaction
Failed Instruction Charges Nil ₹49
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Finvasia on Special Offers and Promotion

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

Compare Kotak Securities vs Finvasia on Special Offers and Promotion
  Kotak Securities Finvasia
Pay In and Pay Out Options Kotak Securities vs Finvasia - 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 SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Kotak Securities vs Finvasia - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Kotak Securities vs Finvasia - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 20+ banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Finvasia trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
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...

  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

Detail Review...

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

Detail Review...

  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

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 Account Opening+Free Demat AMC+Free Trading.
Enquiry Enquire about Kotak Securities Enquire about Finvasia

Last Updated on 2019-07-09T00:00:54+00:00







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