Kotak Securities Vs Karvy: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Karvy ranges between 0.03 to 0.3%. 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 Karvy 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 Karvy'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 Karvy on Service

  Kotak Securities Compare
Kotak Securities
Karvy Compare
Karvy
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 NSE,BSE,MCX-SX,MCX,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. KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...Know more about Karvy
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 Karvy. 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 Karvy on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy 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 Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Karvy
Charges Kotak Securities Karvy
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Karvy on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Karvy. 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 Karvy on Plan Options
Plan Types Kotak Securities Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Karvy
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Karvy 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.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Kotak Securities with Karvy
Brokerage Charges Compare Kotak Securities Karvy
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.49% or 49 paisa 0.3% or 30 paisa
Equity Intraday 0.049% or 5 paisa 0.03% or 3 paisa
Equity Futures 0.049% or 5 paisa 0.03% or 3 paisa
Equity Options Rs 300 Per Lot Rs 50 Per Lot
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.03% or 3 paisa
Currency Options Rs 10 Per Lot Rs 50 Per Lot
Commodity Trading NA 0.03% or 3 paisa
Minimum Brokerage Rs 21 per executed order
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 Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Karvy
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Karvy
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Share Broker's Transaction Charges

Compare Kotak Securities vs Karvy on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Karvy
Transaction Charges Compare Kotak Securities Karvy
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 110 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 karvy
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Account Features

Compare Kotak Securities vs Karvy on Account Features

Compare Kotak Securities with Karvy 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 Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - Karvy 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 Karvy doesn't offers NRI Trading.

Account Features - Kotak Securities with Karvy
Account Features Compare Kotak Securities Karvy
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
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features Trading software terminal: Keat Pro X
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Trading Platform

Compare Kotak Securities vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Karvy. 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 Karvy
Trading Platform Compare Kotak Securities Karvy
Desktop Trading Platform KEAT Pro X Karvy NESTTrader
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://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader KarvyOnline
Mobile Trading App Demo Kotak Stock Trader Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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 Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Kotak Securities vs Karvy on User Rating

  Kotak Securities Karvy
  79 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate Karvy
Fees Ratings 2.6 2.7
Trading Brokerage Rating 2.7 2.3
Trading Platform Usability 3.2 2.3
Customer Service Ratings 3.1 3.7
Overall Ratings Rated 2.8 stars Rated 2.7 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Kotak Securities vs Karvy on Investment Offerings

Compare Kotak Securities with Karvy 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 - Karvy 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) - Karvy provides PMS Service where Kotak Securities doesn't offer

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

Compare Kotak Securities vs Karvy on Order Types

Order Type - Compare Kotak Securities with Karvy 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)- Kotak Securities offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Karvy
Order Type Compare Kotak Securities Karvy
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 No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Kotak Securities vs Karvy on Margin/Leverage

Comapre Kotak Securities with Karvy 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 Karvy
Margin Product Compare Kotak Securities Karvy
Equity Delivery Margin Kotak Securities vs Karvy - Equity Delivery Margin Upto 5x via Margin Funding. Up to 4x leverage for equity delivery.
Equity Intraday Margin Kotak Securities vs Karvy - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 13x leverage for equity.
Futures Margin Kotak Securities vs Karvy - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 2x leverage for futures.
Options Margin Kotak Securities vs Karvy - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. 2x margin for options shorting, no leverage for option buying.
Equity CO Margin Kotak Securities vs Karvy - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Up to 20x margin/leverage for equity CO for selected equity scripts.
Futures CO Margin Kotak Securities vs Karvy - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 20x margin/leverage for future CO.
Options CO Margin Kotak Securities vs Karvy - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Karvy - Commodity Margin Info Not Available Up to 30x margin/leverage for commodity trading.
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Customer Service Offered

Compare Kotak Securities vs Karvy on Customer Service

Compare Kotak Securities with Karvy 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 Karvy
Customer Service Compare Kotak Securities Karvy
24/7 Customer Service Kotak Securities vs Karvy - 24x7 customer support No No
Email Support Kotak Securities vs Karvy - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Karvy - Onine Live Chat Yes No
Phone Support Kotak Securities vs Karvy - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Karvy - Toll Free Number Yes Yes
Through Branches Kotak Securities vs Karvy - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Karvy - Customer Care Number 18002099191/1800222299/18002099292 18004198283/7093706007/18004198283
Account Opening Process Kotak Securities vs Karvy - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Karvy - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://www.karvyonline.com/knowledge-center/index
Head Office Address Kotak Securities vs Karvy - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Kotak Securities vs Karvy - Company Website https://www.kotaksecurities.com www.karvyonline.com
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Tips/Research/Reports Published

Compare Kotak Securities vs Karvy on Research Reports, Tips

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

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

Compare Kotak Securities vs Karvy on Demat Account

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

Demat Charges - Compare Kotak Securities with Karvy
  Kotak Securities Karvy
DP Source CDSL CDSL
DP ID Kotak Securities vs Karvy - DP ID 49200 33200
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/-) 1) For Individuals other than NRI: Rs. 500/- p.a; 2) For NRI A/c: Rs.1500/- p.a; 3) For Corporate A/c: Rs.5000/- p.a.; 4) For Foreign Corporate Body A/c: Rs.10000/- p.a.
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). 1) If sold through KSBL, for "KSBL POA" registered Account: Rs.12/- per instruction; 2) For all other transactions Rs.30/- per instruction upto a value of Rs.30,000/- or part thereof, Rs.10/- for every additional value of Rs.30,000/- or part thereof, subject to Minimum of Rs.30/- and Maximum of Rs.1000/- per instruction; 3) For BSDA Accounts Rs.100/- per instruction; 4) For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs.100/- per instruction
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. 1) Rs. 5 per certificate + Rs.40/- for Postage/Courier charges; 2) For BSDA Accounts: Rs.10/- per certificate + Rs.50/- Postage/Courier charges
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.20/- for every 100 securities or Rs.20/- per certificate whichever is higher
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
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/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
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/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- 0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction
Failed Instruction Charges Nil Rs.100/- per instruction
Other Charges Nil 1) Rs.100/- per Demat Rejection ; 2) Rs.100/- per Client Modification Request; 3) Rs.100/- per DIS Lost Request ; 4) Rs.100/- per request for physical statements (SOT/SOH )

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Karvy on Special Offers and Promotion

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

Compare Kotak Securities vs Karvy on Special Offers and Promotion
  Kotak Securities Karvy
Pay In and Pay Out Options Kotak Securities vs Karvy - 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Karvy - 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 Karvy - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
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...

Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.

Detail Review...

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

Detail Review...

no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges

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.
Enquire about Kotak Securities Enquire about Karvy

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







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