FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Kotak Securities Vs Indira Securities: 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 ranges between Rs. 20 per order while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Kotak Securities is 12,08,948 where number of active customer for Indira Securities is 8,801. Kotak Securities is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of Kotak Securities vs Indira Securities 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 Indira Securities'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 Indira Securities 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 Indira Securities'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 Indira Securities on Service

  Kotak Securities Compare
Kotak Securities
Indira Securities Compare
Indira Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 12,08,948 8,801
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of Kotak Securities with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Indira Securities
Charges Kotak Securities Indira Securities
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 400 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Indira Securities on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Indira Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with Indira Securities on Plan Options
Plan Types Kotak Securities Indira Securities
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 Indira Securities 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 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare Kotak Securities with Indira Securities
Brokerage Charges Compare Kotak Securities Indira Securities
Plan Name Kotak Securities Trade Free Plan Traditional Brokerage Plan
Equity Delivery 0.25% 0.10%
Equity Intraday Free 0.01%
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.01%
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs. 25 per lot (both side)
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No Info Not Available
Funding 12.49% interest PA Yes - 18% 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 Indira Securities
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Indira Securities
Transaction Charges Compare Kotak Securities Indira Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for indira-securities
Expand

Account Features

Compare Kotak Securities vs Indira Securities on Account Features

Compare Kotak Securities with Indira Securities 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 Indira Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - Indira Securities offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Kotak Securities with Indira Securities
Account Features Compare Kotak Securities Indira Securities
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 Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Kotak Securities vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Indira Securities. 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 Indira Securities
Trading Platform Compare Kotak Securities Indira Securities
Desktop Trading Platform Neo ODIN Diet
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 https://www.indiratrade.com/trade-online
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo TradeInsta
Mobile Trading App Demo Kotak Neo Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS TradeInsta Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for indira-securities

Expand

Broker Ratings by Users

Compare Kotak Securities vs Indira Securities on User Rating

  Kotak Securities Indira Securities
  82 Customer Reviews    Rate Kotak Securities 1 Customer Reviews    Rate Indira Securities
Fees Ratings 2.6 2.0
Trading Brokerage Rating 2.7 4.0
Trading Platform Usability 3.2 2.0
Customer Service Ratings 3.1 2.0
Overall Ratings 2.8 3.0
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Indira Securities on Investment Offerings

Compare Kotak Securities with Indira Securities 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) - Kotak Securities provide PMS Service where Indira Securities doesn't offer

Investment Offerings - Compare Kotak Securities with Indira Securities
Investment Offerings Compare Kotak Securities Indira Securities
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 No
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
Expand

Order Types

Compare Kotak Securities vs Indira Securities on Order Types

Order Type - Compare Kotak Securities with Indira Securities 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Kotak Securities with Indira Securities
Order Type Compare Kotak Securities Indira Securities
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 Yes
Expand

Customer Service Offered

Compare Kotak Securities vs Indira Securities on Customer Service

Compare Kotak Securities with Indira Securities 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 Indira Securities
Customer Service Compare Kotak Securities Indira Securities
24/7 Customer Service Kotak Securities vs Indira Securities - 24x7 customer support No Yes
Email Support Kotak Securities vs Indira Securities - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Indira Securities - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Indira Securities - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Indira Securities - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Indira Securities - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Indira Securities - Customer Care Number 1800 209 9191 +91-(0)731-4797105/115/146
Account Opening Process Kotak Securities vs Indira Securities - Account Opening Process Online Online/Paperless
Customer Support Email Kotak Securities vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Indira Securities - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.indiratrade.com/blog
Head Office Address Kotak Securities vs Indira Securities - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website Kotak Securities vs Indira Securities - Company Website https://www.kotaksecurities.com https://www.indiratrade.com/
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Indira Securities on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs Indira Securities on Demat Account

Compare Kotak Securities with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) where for Kotak Securities is ₹780 pa.

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 Indira Securities is ₹20 or 0.02% whichever is higher.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 Indira Securities
  Kotak Securities Indira Securities
DP Source CDSL CDSL
DP ID Kotak Securities vs Indira Securities - DP ID 49200 752000
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹450 pa (Second year onwards)
Advance Deposit NA Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹20 or 0.02% whichever is higher
Demat ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹50 per RRN
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹50
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹50 or 0.02% whichever is higher
Failed Instruction Charges Nil ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130
Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Indira Securities on Special Offers and Promotion

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

Compare Kotak Securities vs Indira Securities on Special Offers and Promotion
  Kotak Securities Indira Securities
Pay In and Pay Out Options Kotak Securities vs Indira Securities - 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Kotak Securities vs Indira Securities - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.

Max 24 hrs except bank holidays

Bank Supported and Charges Kotak Securities vs Indira Securities - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail Direct from your Kotak Mahindra bank account. HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-17T05:10:46+00:00