The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Fyers ranges between Rs 20. Kotak Securities is a Full Service Broker where Fyers 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 Fyers 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 Fyers'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||NSE, BSE, 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.||Fyers (Focus Your Energy & Reform the Self) is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing.|
In this section we have compared Kotak Securities with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 750||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 400 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Fyers. 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||Fyers|
|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.
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
|Brokerage Charges Compare||Kotak Securities||Fyers|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||0.49% or 49 paisa||Free|
|Equity Intraday||0.049% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Equity Futures||0.049% or 5 paisa||0.01% or Rs 20 whichever is lower|
|Equity Options||Rs 300 Per Lot||Flat Fee Rs 20|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||0.01% or Rs 20 whichever is lower|
|Currency Options||Rs 10 Per Lot||Flat Fee Rs 20|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|Funding||Yes - 18% interest PA||No|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Rs 20 Per Order|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Fyers|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for Fyers|
Compare Kotak Securities with Fyers on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Fyers|
|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 240 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5900 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 175 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 6500 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for fyers|
Compare Kotak Securities with Fyers 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 Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - both brokers dont have margin funing facility. NRI Trading - Kotak Securities offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||Kotak Securities||Fyers|
|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||Free Call & trade|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Fyers. 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||Fyers|
|Desktop Trading Platform||KEAT Pro X||Fyers One|
|Desktop Demo||Desktop Demo||Desktop Demo|
|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://webtrader.fyers.in/userMaster/login|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Kotak Stock Trader||Fyers Markets|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Fyers Markets Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Fyers Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Fyers Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Yes, DirectTrade - Rs 2999 PA||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities||Equity Intraday and Delivery Brokerage Calculator for Fyers|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Fyers|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Fyers|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for fyers|
|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||Fyers is Rated 3.8 / 5 based on 5 customer reviews|
Compare Kotak Securities with Fyers 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 - both brokers don't offers Commodity Trading (MCX). 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||Fyers|
|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 Fyers 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- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.
|Order Type Compare||Kotak Securities||Fyers|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Kotak Securities with Fyers 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||Fyers|
|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 16x leverage for equity.|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 4x leverage for equity futures.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Up to 4x for options selling and 1.3x for options buying.|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Up to 20x leverage for equity cover order.|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Up to 44x leverage for future cover order.|
|Options CO Margin||Info Not Available||Up to 33x leverage for options cover order.|
|Commodity Margin||Info Not Available||Up to 3x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.|
Compare Kotak Securities with Fyers 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||Fyers|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||080 4625 1111|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Compare Kotak Securities with Fyers on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||49200||Info Not Available|
|Demat Account Annual Maintenance Charges(AMC)||Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions)||400 - Individual, 500 - Non Individual|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]|
|Demat||₹3 per certificate + ₹50 courier charges||2 per certificate + Rs.35 courier charges|
|Remat||₹10 for every hundred securities (Min ₹15)||Rs 25|
|Pledge Creation||0.05% of transaction value (Min ₹30)||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure||0.05% of transaction value (Min ₹30)||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually|
|Failed Instruction Charges||Nil||Rs 30 per transaction|
|Other Charges||Nil||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare Kotak Securities with Fyers 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 Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Upto 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||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|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.||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about Kotak Securities||Enquire about Fyers|
Last Updated on 2019-09-16T02:36:37+00:00