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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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...|
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 Account Opening Fees||Rs 750||Free|
|Demat Account Opening Fees||Free||Rs 0 (Rs 199 for POA)|
|Demat AMC||Rs 600 PA||Free|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||Finvasia|
|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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan
|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|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|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|
Compare Kotak Securities with Finvasia on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||Finvasia|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
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||Finvasia|
|Desktop Trading Platform||KEAT Pro X||OMNESYS NEST|
|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||https://trade.finvasia.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||SCALPERT|
|Mobile Trading App Demo||Kotak Stock Trader Demo||SCALPERT Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod SCALPERT Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||Info Not Available|
|Android Tablet App|
|iPad App (IOS)|
|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|
|79 Customer Reviews||5 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||Finvasia is Rated 3.6 / 5 based on 5 customer reviews|
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||Finvasia|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||Kotak Securities||Finvasia|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||Finvasia|
|Equity Delivery Margin||Upto 5x via Margin Funding.||No Margin/Leverage for Equity Delivery.|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 10x leverage for equity.|
|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||Upto 2x margin for Options shorting, No leverage for option buying.||No leverage on options buying and selling.|
|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 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 Service Compare||Kotak Securities||Finvasia|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||+911726670000/+911724770000/+919779097777|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|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
|Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Compare Kotak Securities with Finvasia on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Finvasia on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Kotak Securities with Finvasia 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.
|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||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Up to 24 Hrs except Bank Holidays.|
|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,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
|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