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 Mangal Keshav ranges between 0.03% to 0.30%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Mangal Keshav. Kotak Securities is rated 4 out of 5 where Mangal Keshav is rated only 3 out of 5. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for Mangal Keshav is 7,111. Kotak Securities is serving more customer compare to Mangal Keshav.
Here we present side-by-side comparison of Kotak Securities vs Mangal Keshav 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 Mangal Keshav'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 Mangal Keshav 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 Mangal Keshav's on
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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear...||Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...|
Comparison of Kotak Securities with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.
|Charges||Kotak Securities||Mangal Keshav|
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 750 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Mangal Keshav. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Mangal Keshav doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||Mangal Keshav|
|Account Opening Request|
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 a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.
Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.
|Brokerage Charges Compare||Kotak Securities||Mangal Keshav|
|Plan Name||Kotak Securities Trade Free Plan||Standard Brokerage Trading Plan (Percentage Based)|
|Equity Delivery||0.25% or Rs 20 whichever is higher||0.30% or 30 paisa|
|Equity Intraday||Free||0.03% or 3 paisa|
|Equity Futures||Delivery: Rs. 20 per order| Intraday: Free||0.03% or 3 paisa|
|Equity Options||Delivery: Rs. 20 per order| Intraday: Free||Rs 100 Per Lot|
|Currency Futures||Delivery: Rs. 20 per order| Intraday: Free||0.03% or 3 paisa|
|Currency Options||Delivery: Rs. 20 per order| Intraday: Free||Rs 50 Per Lot|
|Commodity Trading||Delivery: Rs. 20 per order| Intraday: Free||0.03% or 3 paisa|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|Hidden Charges||No||Info Not Available|
|Funding||12.49% interest PA||Info Not Available|
|Call & Trade Charges||20 calls free and after that Rs 20 per call||NA|
|Auto Square off Charges||20 calls free and after that Rs 20 per call||NA|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Mangal Keshav|
Compare Kotak Securities with Mangal Keshav on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Mangal Keshav|
|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||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for mangal-keshav|
Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav offers only 2-in-1 account which includes trading and demat account. Algo Trading - Mangal Keshav 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 Compare||Kotak Securities||Mangal Keshav|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Mangal Keshav. 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||Mangal Keshav|
|Desktop Trading Platform||KEAT Pro X||Mangal Trader|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat||Mangal Keshav Web Trading Platform|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||Mangal Trader|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Mangal Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Mangal Trader 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 Mangal Keshav|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Mangal Keshav|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Mangal Keshav|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for mangal-keshav|
|Kotak Securities||Mangal Keshav|
|81 Customer Reviews||1 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews||Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews|
Compare Kotak Securities with Mangal Keshav 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) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Kotak Securities||Mangal Keshav|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Kotak Securities with Mangal Keshav 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) - Kotak Securities provide Cover Orders (CO) where Mangal Keshav doesn't offer.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) - Kotak Securities provide Bracket Orders (BO) where Mangal Keshav doesn't offer.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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Kotak Securities||Mangal Keshav|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Kotak Securities with Mangal Keshav 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 Service Compare||Kotak Securities||Mangal Keshav|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800 209 9191||+91 22 6190 8000|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Info Not Available|
Compare Kotak Securities with Mangal Keshav on research reports and tips provided by the broker.
Compare Kotak Securities with Mangal Keshav 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 Mangal Keshav is ₹1000 Refundable deposit 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 â€“ 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 Mangal Keshav is 0.05% of transaction value (Min ₹100).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
|Kotak Securities||Mangal Keshav|
|Demat Account Annual Maintenance Charges(AMC)||₹780 pa||₹1000 Refundable deposit|
|Advance Deposit||NA||Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||0.05% of transaction value (Min ₹100)|
|Demat||₹3 per certificate + ₹50 courier charges||₹100 per certificate + ₹150 courier charges|
|Remat||₹10 for every hundred securities (Min ₹15)||₹100 per certificate + ₹150 courier charges + CDSL charges|
|Pledge Creation||0.05% of transaction value (Min ₹30)||0.02% of transaction value + CDSL charges|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure||0.05% of transaction value (Min ₹30)||0.02% of transaction value + CDSL charges|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||0.02% of transaction value + CDSL charges|
|Failed Instruction Charges||Nil||Nil|
Compare Kotak Securities with Mangal Keshav on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||Mangal Keshav|
|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.
|Info Not Available|
|Payout Time||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Info Not Available|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Info Not Available|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Info Not Available|
|Enquiry||Open Kotak Securities Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-01-12T21:46:37+00:00
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