TopShareBrokers.com Logo
FREE Account Opening + Zero AMC Fees* + MutualFund SIP
Loading...

Kotak Securities Vs Finvasia: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities Max Rs. 20 per order 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. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for Finvasia is 43,174. Kotak Securities is serving more customer compare to Finvasia.

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.

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
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. 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 Rated 4 stars Rated 4 stars
Brokerage Charges Rated 3 stars Rated 5 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4 stars
Customer Service Rated 3.5 stars Rated 3 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 10,56,932 43,174
Broker Overview Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear... Know more about Kotak Securities Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Kotak Securities vs Finvasia on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. 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 Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Free
Provide DP Service Yes Yes
Expand

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 compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Finvasia doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with Finvasia on Plan Options
Plan Types Kotak Securities Finvasia
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Finvasia on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Brokerage Charges - Compare Kotak Securities with Finvasia
Brokerage Charges Compare Kotak Securities Finvasia
Plan Name Kotak Securities Trade Free Plan Zero Brokerage Trading Plan
Equity Delivery 0.25% or Rs 20 whichever is higher Rs 0
Equity Intraday Free Rs 0
Equity Futures Delivery: Rs. 20 per order| Intraday: Free Rs 0
Equity Options Delivery: Rs. 20 per order| Intraday: Free Rs 0
Currency Futures Delivery: Rs. 20 per order| Intraday: Free Rs 0
Currency Options Delivery: Rs. 20 per order| Intraday: Free Rs 0
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Rs 0
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA Yes, 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free
Auto Square off Charges 20 calls free and after that Rs 20 per call Free
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Finvasia
Expand

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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for finvasia
Expand

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 - Kotak Securities offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker 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 Yes 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
Expand

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 links 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 platforms are free, advance platforms are chargeable.
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

Expand

Broker Ratings by Users

Compare Kotak Securities vs Finvasia on User Rating

  Kotak Securities Finvasia
  81 Customer Reviews    Rate Kotak Securities 14 Customer Reviews    Rate Finvasia
Fees Ratings 2.6 4.2
Trading Brokerage Rating 2.7 4.6
Trading Platform Usability 3.2 4.1
Customer Service Ratings 3.1 3.6
Overall Ratings Rated 2.8 stars Rated 4.4 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews Finvasia is Rated 4.4 / 5 based on 14 customer reviews
Expand

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 broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker 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 Yes Yes
Online IPO Application Yes Yes
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
Expand

Order Types

Compare Kotak Securities vs Finvasia on Order Types

Order Type - Compare Kotak Securities with Finvasia on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type 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) are placing a compulsory stop loss and this is an 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, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent 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 order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

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 compares types of service offered by each broker for a quick resolution for query/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 1800 209 9191 Support: +91 9779 097 777/Sales: +91 9098 001 001
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]/[email protected]
Knowledge Center/Education Kotak Securities vs Finvasia - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://finvasia.com/announcements
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/
Expand

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 the 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
Expand

Demat Account

Compare Kotak Securities vs Finvasia on Demat Account

Compare Kotak Securities with Finvasia on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for Kotak Securities is ₹780 pa. Finvasia is a better choice in terms of Demat AMC compare to Kotak Securities.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers 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) ₹780 pa 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

Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Finvasia on Special Offers and Promotion

Compare Kotak Securities with Finvasia on the general features, advantages, disadvantages, payout 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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through 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 for 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
  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

Dislikes
  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-01-12T21:46:37+00:00