Kotak Securities Vs ProStocks: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of ProStocks ranges between Rs 15. Kotak Securities is a Full Service Broker where ProStocks is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

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

  Kotak Securities Compare
Kotak Securities
ProStocks Compare
ProStocks
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-SX, MCX, NCDEX NSE,BSE
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. ProStocks is a pure online stock broking firm initiated by well experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on quality of trade.
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 ProStocks. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare Kotak Securities vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks 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 ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with ProStocks
Charges Kotak Securities ProStocks
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs ProStocks on Plan Options

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

Compare Kotak Securities with ProStocks on Plan Options
Plan Types Kotak Securities ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  Kotak Securities ProStocks
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs ProStocks 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.

ProStocks Brokerage Plan detail - Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE.

Brokerage Charges - Compare Kotak Securities with ProStocks
Brokerage Charges Compare Kotak Securities ProStocks
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan
Equity Delivery 0.49% or 49 paisa Flat Fee Rs 15
Equity Intraday 0.049% or 5 paisa Flat Fee Rs 15
Equity Futures 0.049% or 5 paisa Flat Fee Rs 15
Equity Options Rs 300 Per Lot Flat Fee Rs 15
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 15
Currency Options Rs 10 Per Lot Flat Fee Rs 15
Commodity Trading NA NA
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges 20 calls Free and after that Rs 20 per call Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for ProStocks
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with ProStocks
Transaction Charges Compare Kotak Securities ProStocks
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 NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for prostocks
Expand

Account Features

Compare Kotak Securities vs ProStocks on Account Features

Compare Kotak Securities with ProStocks 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 ProStocks offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - ProStocks offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Kotak Securities with ProStocks
Account Features Compare Kotak Securities ProStocks
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 Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X
Expand

Trading Platform

Compare Kotak Securities vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and ProStocks. 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 ProStocks
Trading Platform Compare Kotak Securities ProStocks
Desktop Trading Platform KEAT Pro X ProStocks,NSE NOW
Desktop Demo Desktop Demo Info Not Available
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.prostocksweb.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader ProStocks Mobile
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS ProStocks Mobile 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 ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for prostocks

Expand

Broker Ratings by Users

Compare Kotak Securities vs ProStocks on User Rating

  Kotak Securities ProStocks
  79 Customer Reviews    Rate Kotak Securities 2 Customer Reviews    Rate ProStocks
Fees Ratings 2.6 4.5
Trading Brokerage Rating 2.7 4.5
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.1 3.5
Overall Ratings Rated 2.8 stars Rated 4.5 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs ProStocks on Investment Offerings

Compare Kotak Securities with ProStocks 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 - both brokers don't offers Commodity Trading (MCX). Online Mutual Fund Investment - Kotak Securities offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Order Types

Compare Kotak Securities vs ProStocks on Order Types

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

Order Types - Compare Kotak Securities with ProStocks
Order Type Compare Kotak Securities ProStocks
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
Expand

Margin/Leverage

Compare Kotak Securities vs ProStocks on Margin/Leverage

Comapre Kotak Securities with ProStocks 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 ProStocks
Margin Product Compare Kotak Securities ProStocks
Equity Delivery Margin Kotak Securities vs ProStocks - Equity Delivery Margin Upto 5x via Margin Funding. No Delivery margin.
Equity Intraday Margin Kotak Securities vs ProStocks - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 7x leverage for equity intraday.
Futures Margin Kotak Securities vs ProStocks - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 1.5x leverage for equity future intraday.
Options Margin Kotak Securities vs ProStocks - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin Kotak Securities vs ProStocks - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Up to 10x leverage for equity cover order.
Futures CO Margin Kotak Securities vs ProStocks - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs ProStocks - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs ProStocks - Commodity Margin Info Not Available Info Not Available
Expand

Customer Service Offered

Compare Kotak Securities vs ProStocks on Customer Service

Compare Kotak Securities with ProStocks 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 ProStocks
Customer Service Compare Kotak Securities ProStocks
24/7 Customer Service Kotak Securities vs ProStocks - 24x7 customer support No No
Email Support Kotak Securities vs ProStocks - Email Support Yes Yes
Onine Live Chat Kotak Securities vs ProStocks - Onine Live Chat Yes No
Phone Support Kotak Securities vs ProStocks - Phone Support Yes Yes
Toll Free Number Kotak Securities vs ProStocks - Toll Free Number Yes No
Through Branches Kotak Securities vs ProStocks - Through Branches Yes No
Customer Care Number Kotak Securities vs ProStocks - Customer Care Number 18002099191/1800222299/18002099292 +91-2262-434343
Account Opening Process Kotak Securities vs ProStocks - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs ProStocks - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://www.prostocks.com/faq.html
Head Office Address Kotak Securities vs ProStocks - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Kotak Securities vs ProStocks - Company Website https://www.kotaksecurities.com https://www.prostocks.com
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs ProStocks on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs ProStocks on Demat Account

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

Demat Charges - Compare Kotak Securities with ProStocks
  Kotak Securities ProStocks
DP Source CDSL CDSL
DP ID Kotak Securities vs ProStocks - DP ID 49200 83200
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/-) Nil
Advance Deposit NA 1000/- Refundable Deposit against charges
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). Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs 50/- per set up + Rs 50/-courier charges
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs 50/- per set up + Rs 50/-courier
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- Rs 50/- per set up
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/- Nil
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- Rs 50/- per set up
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/- Nil
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- Rs 50/- per set up
Failed Instruction Charges Nil Failed transactions Rs 50/- per ISIN
Other Charges Nil NIL

Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs ProStocks on Special Offers and Promotion

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

Compare Kotak Securities vs ProStocks on Special Offers and Promotion
  Kotak Securities ProStocks
Pay In and Pay Out Options Kotak Securities vs ProStocks - 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 Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs ProStocks - 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 ProStocks - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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...

  • Lowest call and trade charges.
  • Simple and low cost brokerage.
  • Industry's best tools and platforms.
  • Fully online account opening process.
  • IVRS facilities for backoffice and balance confirmation.
  • Strong back office support.
  • Best customer support.
  • Rs 0 PCM fee

Detail Review...

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

Detail Review...

  • Not a 3 in 1 broker.
  • Doesn't provide trading in commodity, IPOs and Mutual Fund.

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. ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire about Kotak Securities Enquire about ProStocks

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







Search topsharebrokers.com:

Translate topsharebrokers.com: