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Kotak Securities Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Kotak Securities offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Kotak Securities Max Rs. 20 per order per trade while the brokerage of Paytm Money ranges between Rs 20. Kotak Securities is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Kotak Securities is 12,08,948 where number of active customer for Paytm Money is 8,02,146. Kotak Securities is serving more customer compare to Paytm Money.

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

  Kotak Securities Compare
Kotak Securities
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 12,08,948 8,02,146
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 In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...Know more about Paytm Money
Broker Enquiry Request call back from Kotak Securities Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Kotak Securities vs Paytm Money on Trading & Demat Account Opening Charges

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

Trading & Demat Account Opening Charges - Compare Kotak Securities with Paytm Money
Charges Kotak Securities Paytm Money
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Paytm Money on Plan Options

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

Compare Kotak Securities with Paytm Money on Plan Options
Plan Types Kotak Securities Paytm Money
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Paytm Money
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Paytm Money 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Kotak Securities with Paytm Money
Brokerage Charges Compare Kotak Securities Paytm Money
Plan Name Kotak Securities Trade Free Plan Flat Brokerage Plan
Equity Delivery 0.25% 2.5% or Rs 20 whichever is lower
Equity Intraday Free 0.05% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.02% or Rs 20 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre NA
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No No
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 100/order +GST
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Kotak Securities vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Paytm Money
Transaction Charges Compare Kotak Securities Paytm Money
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 NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for paytm-money
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Account Features

Compare Kotak Securities vs Paytm Money on Account Features

Compare Kotak Securities with Paytm Money 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 Paytm Money offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Kotak Securities offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Kotak Securities offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Kotak Securities with Paytm Money
Account Features Compare Kotak Securities Paytm Money
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 No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Paytm Money. 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 Paytm Money
Trading Platform Compare Kotak Securities Paytm Money
Desktop Trading Platform Neo Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
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 Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo Paytm Money App
Mobile Trading App Demo Kotak Neo Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Kotak Securities vs Paytm Money on User Rating

  Kotak Securities Paytm Money
  82 Customer Reviews    Rate Kotak Securities 6 Customer Reviews    Rate Paytm Money
Fees Ratings 2.6 3.2
Trading Brokerage Rating 2.7 3.8
Trading Platform Usability 3.2 3.2
Customer Service Ratings 3.1 2.7
Overall Ratings 2.8 3.0
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Kotak Securities vs Paytm Money on Investment Offerings

Compare Kotak Securities with Paytm Money 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 - Kotak Securities offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where Paytm Money doesn't offer

Investment Offerings - Compare Kotak Securities with Paytm Money
Investment Offerings Compare Kotak Securities Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
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 Yes
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs Paytm Money on Order Types

Order Type - Compare Kotak Securities with Paytm Money 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 Paytm Money
Order Type Compare Kotak Securities Paytm Money
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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Customer Service Offered

Compare Kotak Securities vs Paytm Money on Customer Service

Compare Kotak Securities with Paytm Money 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 Paytm Money
Customer Service Compare Kotak Securities Paytm Money
24/7 Customer Service Kotak Securities vs Paytm Money - 24x7 customer support No No
Email Support Kotak Securities vs Paytm Money - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Paytm Money - Onine Live Chat Yes No
Phone Support Kotak Securities vs Paytm Money - Phone Support Yes No
Toll Free Number Kotak Securities vs Paytm Money - Toll Free Number Yes No
Through Branches Kotak Securities vs Paytm Money - Through Branches Yes No
Customer Care Number Kotak Securities vs Paytm Money - Customer Care Number 1800 209 9191 Info Not Available
Account Opening Process Kotak Securities vs Paytm Money - Account Opening Process Online Online/Paperless
Customer Support Email Kotak Securities vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Paytm Money - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.paytmmoney.com/care
Head Office Address Kotak Securities vs Paytm Money - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Kotak Securities vs Paytm Money - Company Website https://www.kotaksecurities.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs Paytm Money on Research Reports, Tips

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

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

Compare Kotak Securities vs Paytm Money on Demat Account

Compare Kotak Securities with Paytm Money 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 Paytm Money is Zero 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 Paytm Money is ₹10 per ISIN.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 Paytm Money
  Kotak Securities Paytm Money
DP Source CDSL CDSL
DP ID Kotak Securities vs Paytm Money - DP ID 49200 12088800
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Zero
Advance Deposit NA Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹10 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹250 per 100 shares
Remat ₹10 for every hundred securities (Min ₹15) ₹250 per 100 shares
Pledge Creation 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Paytm Money on Special Offers and Promotion

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

Compare Kotak Securities vs Paytm Money on Special Offers and Promotion
  Kotak Securities Paytm Money
Pay In and Pay Out Options Kotak Securities vs Paytm Money - 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
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Paytm Money - 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 Paytm Money - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Paytm Money allows 190+ Banks.
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquiry Open Kotak Securities Account Now>> Open Paytm Money Account Now>>

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