Compare 3 Brokers

Kotak Securities Vs Indira Securities: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Indira Securities ranges between Rs 20. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

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-SX, MCX, NCDEX BSE, NSE, MCX
Active Clients 8,44,627
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. Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...Know more about Indira Securities
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 Indira Securities. 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 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 750 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Indira Securities charges Rs 450 PA (2nd Year Onward) 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 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 450 PA (2nd Year Onward)
Provide DP Service Yes Yes
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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 - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. 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 Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Indira Securities
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Indira Securities 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.

Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.

Brokerage Charges - Compare Kotak Securities with Indira Securities
Brokerage Charges Compare Kotak Securities Indira Securities
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 20 Trading Plan
Equity Delivery 0.49% or 49 paisa Flat Fee Rs 20
Equity Intraday 0.049% or 5 paisa Flat Fee Rs 20
Equity Futures 0.049% or 5 paisa Flat Fee Rs 20
Equity Options Rs 300 Per Lot Flat Fee Rs 20
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 20
Currency Options Rs 10 Per Lot Flat Fee Rs 20
Commodity Trading NA Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls Free and after that Rs 20 per call Free
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Indira Securities
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Indira Securities
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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 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 120 Per Cr
Currency Options Rs 4000 Per Cr Rs 500 Per Cr
Commodity NA Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for indira-securities
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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 - Indira Securities offers a margin funding where Kotak Securities doesn't offers margin funding. 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 No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X NIL
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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 KEAT Pro X 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 Stock Trader TradeInsta
Mobile Trading App Demo Kotak Stock Trader Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS TradeInsta 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 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
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Kotak Securities vs Indira Securities on User Rating

  Kotak Securities Indira Securities
  81 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 Rated 2.8 stars Rated 3.0 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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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 - Indira Securities offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. 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 Indira Securities
Investment Offerings Compare Kotak Securities Indira Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No 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 No No
Other Investment Options NIL NIL
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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
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Margin/Leverage

Compare Kotak Securities vs Indira Securities on Margin/Leverage

Compare Kotak Securities with Indira Securities on Exposure/Margin offered by the 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 Indira Securities
Margin Product Compare Kotak Securities Indira Securities
Equity Delivery Margin Kotak Securities vs Indira Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Kotak Securities vs Indira Securities - Equity Intraday Margin Up to 3x to 7x leverage for equity MIS orders. Up to 3x to 10x leverage for equity MIS orders.
Futures Margin Kotak Securities vs Indira Securities - Futures Margin Up to 2x to 7x leverage on Futures Contracts. Up to 4x leverage for Stocks.
Options Margin Kotak Securities vs Indira Securities - Options Margin No leverage for Options buying and shorting. Up to 3x exposure for Options shorting, No leverage for Options Buying.
Equity CO Margin Kotak Securities vs Indira Securities - Equity CO Margin Up to 50x margin/leverage in CO order with Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs Indira Securities - Futures CO Margin Up to 15x margin/leverage in CO order with Super Multiple for Index Futures and 12x for equity Scripts.. Info Not Available
Options CO Margin Kotak Securities vs Indira Securities - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Indira Securities - Commodity Margin Info Not Available Up to 4x leverage for MCX futures.
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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 18002099191/1800222299/18002099292 022-66224202,204
Account Opening Process Kotak Securities vs Indira Securities - Account Opening Process Offline 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/faqs/Equity/equity-market-faqs https://www.inspireeducation.co/
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/
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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
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Demat Account

Compare Kotak Securities vs Indira Securities on Demat Account

Compare Kotak Securities with Indira Securities on Demat Service and Charges. 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) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹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

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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

Detail Review...

Detail Review...

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

Detail Review...

  • 3-in-1 account is not available with the broker.
  • Clients based in MP and Rajasthan can't access IndiraTrade fixed brokerage plan
  • No NRI provisioning means NRI can't open an account with IndiraTrade.
  • Although BO and CO are available for both the equity and commodity segment but only on the web platform and not available on the TradeInsta mobile app

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. Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Enquire about Kotak Securities Enquire about Indira Securities

Last Updated on 2020-12-14T23:33:47+00:00


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