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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||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 ...|
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 Account Opening Fees||Rs 750||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 500 PA|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||Karvy|
|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.
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||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|
Compare Kotak Securities with Karvy on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||Karvy|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15 PM|
|Other Features||Trading software terminal: Keat Pro X|
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||Karvy|
|Desktop Trading Platform||KEAT Pro X||Karvy NESTTrader|
|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||https://trade.karvyonline.com/KARVY/Login/indexauth.jsp|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Kotak Stock Trader||KarvyOnline|
|Mobile Trading App Demo||Kotak Stock Trader Demo||KarvyOnline Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod KarvyOnline Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS KarvyOnline 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 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|
|79 Customer Reviews||3 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||Karvy is Rated 2.7 / 5 based on 3 customer reviews|
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||Karvy|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance|
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 Type Compare||Kotak Securities||Karvy|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||Karvy|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Up to 4x leverage for equity delivery.|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 13x leverage for equity.|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 2x leverage for futures.|
|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||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||Upto 50x margin/leverage in CO via Super Multiple.||Up to 20x margin/leverage for future CO.|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Up to 30x margin/leverage for commodity trading.|
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 Service Compare||Kotak Securities||Karvy|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||18004198283/7093706007/18004198283|
|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. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
Compare Kotak Securities with Karvy on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Karvy on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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.|
|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 )|
Compare Kotak Securities with Karvy 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|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||(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|
Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.
no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges
|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