Kotak Securities Vs Fyers: Which one is better?

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.

Compare Kotak Securities vs Fyers on Service

  Kotak Securities Compare
Kotak Securities
Fyers Compare
Fyers
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 NSE
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 Securities 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, advisory and recommendation services for smart investment.
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 Fyers. 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 Fyers on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Kotak Securities with Fyers
Charges Kotak Securities Fyers
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Kotak Securities vs Fyers on Plan Options

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.

Compare Kotak Securities with Fyers on Plan Options
Plan Types Kotak Securities Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Fyers
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Fyers 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.

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 with Fyers
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
Commodity Trading NA NA
Minimum Brokerage Rs 21 per executed order
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare Kotak Securities vs Fyers on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Fyers
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
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for fyers
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Account Features

Compare Kotak Securities vs Fyers on Account Features

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 - Kotak Securities with Fyers
Account Features Compare Kotak Securities Fyers
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 No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: Keat Pro X Free Call & trade
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Trading Platform

Compare Kotak Securities vs Fyers on Trading Platform

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 with Fyers
Trading Platform Compare Kotak Securities Fyers
Desktop Trading Platform KEAT Pro X Fyers One
Desktop Demo Desktop Demo Desktop Demo
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 http://webtrader.fyers.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader Fyers Markets
Mobile Trading App Demo Kotak Stock Trader Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS Fyers Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Kotak Securities vs Fyers on User Rating

  Kotak Securities Fyers
  79 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate Fyers
Fees Ratings 2.6 3.4
Trading Brokerage Rating 2.7 3.8
Trading Platform Usability 3.2 4.2
Customer Service Ratings 3.1 4.0
Overall Ratings Rated 2.8 stars Rated 3.8 stars
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
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Investment Offerings

Compare Kotak Securities vs Fyers on Investment Offerings

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

Compare Kotak Securities vs Fyers on Order Types

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 Types - Compare Kotak Securities with Fyers
Order Type Compare Kotak Securities Fyers
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 Yes
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Margin/Leverage

Compare Kotak Securities vs Fyers on Margin/Leverage

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.

Exposure/margin - Compare Kotak Securities with Fyers
Margin Product Compare Kotak Securities Fyers
Equity Delivery Margin Kotak Securities vs Fyers - Equity Delivery Margin Upto 5x via Margin Funding. No Margin/Leverage for Equity delivery.
Equity Intraday Margin Kotak Securities vs Fyers - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 16x leverage for equity.
Futures Margin Kotak Securities vs Fyers - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 4x leverage for equity futures.
Options Margin Kotak Securities vs Fyers - 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 Kotak Securities vs Fyers - 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 Kotak Securities vs Fyers - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 33x leverage for future cover order.
Options CO Margin Kotak Securities vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin Kotak Securities vs Fyers - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs Fyers on Customer Service

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 Support - Compare Kotak Securities with Fyers
Customer Service Compare Kotak Securities Fyers
24/7 Customer Service Kotak Securities vs Fyers - 24x7 customer support No No
Email Support Kotak Securities vs Fyers - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Fyers - Onine Live Chat Yes No
Phone Support Kotak Securities vs Fyers - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Fyers - Toll Free Number Yes No
Through Branches Kotak Securities vs Fyers - Through Branches Yes No
Customer Care Number Kotak Securities vs Fyers - Customer Care Number 18002099191/1800222299/18002099292 080 4625 1111
Account Opening Process Kotak Securities vs Fyers - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Fyers - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://fyers.in/faqs/
Head Office Address Kotak Securities vs Fyers - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Kotak Securities vs Fyers - Company Website https://www.kotaksecurities.com https://fyers.in/
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Tips/Research/Reports Published

Compare Kotak Securities vs Fyers on Research Reports, Tips

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

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

Compare Kotak Securities vs Fyers on Demat Account

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

Demat Charges - Compare Kotak Securities with Fyers
  Kotak Securities Fyers
DP Source CDSL CDSL
DP ID Kotak Securities vs Fyers - DP ID 49200 Info Not Available
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/-) 400 - Individual, 500 - Non Individual
Advance Deposit NA NIL
Statutory charges NA NIL
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). Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. 2 per certificate + Rs.35 courier charges
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs 25
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
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/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
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/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 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

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Fyers on Special Offers and Promotion

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

Compare Kotak Securities vs Fyers on Special Offers and Promotion
  Kotak Securities Fyers
Pay In and Pay Out Options Kotak Securities vs Fyers - 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 Kotak Securities vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Kotak Securities vs Fyers - 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,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

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

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

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. Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquire about Kotak Securities Enquire about Fyers

Last Updated on 2019-06-23T23:14:53+00:00







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