Compare 3 Brokers

Kotak Securities Vs Upstox: Which one is better?

The brokerage of Kotak Securities Max .049 to .49% per trade while the brokerage of Upstox ranges between Rs 20. Kotak Securities is a Full Service Broker where Upstox is a Discount Broker. Kotak Securities is having overall lower rating compare to Upstox. Kotak Securities is rated only 4 out of 5 where Upstox is rated 4.5 out of 5.

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

  Kotak Securities Compare
Kotak Securities
Upstox Compare
Upstox
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 BSE, NSE, MCX
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. From innovative tools to free trade opportunity to education and prioritizing customer service, Upstox, the cheapest stock broker provides clients everything they need and more to succeed in Indian share market.
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 Upstox. 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 Upstox on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Upstox charges Rs 150 Equity/ Rs 150 Commodity for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Upstox charges Rs 150 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Upstox
Charges Kotak Securities Upstox
Trading Account Opening Fees Rs 750 Rs 150 Equity/ Rs 150 Commodity
Trading AMC Free Free
Demat Account Opening Fees Free Rs 150
Demat AMC Rs 600 PA Rs 150 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Upstox on Plan Options

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

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

Account Opening

  Kotak Securities Upstox
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Upstox 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.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare Kotak Securities with Upstox
Brokerage Charges Compare Kotak Securities Upstox
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.49% or 49 paisa Free
Equity Intraday 0.049% or 5 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.049% or 5 paisa Flat Fee Rs 20
Equity Options Rs 300 Per Lot Flat Fee Rs 20
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 20
Currency Options Rs 10 Per Lot Flat Fee Rs 20
Commodity Trading NA Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Upstox
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Upstox
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Share Broker's Transaction Charges

Compare Kotak Securities vs Upstox on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Upstox
Transaction Charges Compare Kotak Securities Upstox
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 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 110 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for upstox
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Account Features

Compare Kotak Securities vs Upstox on Account Features

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

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

Compare Kotak Securities vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Upstox. 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 Upstox
Trading Platform Compare Kotak Securities Upstox
Desktop Trading Platform KEAT Pro X DartStock/Nest Trader/Fox Trader
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://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader Upstox
Mobile Trading App Demo Kotak Stock Trader Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS Upstox 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 Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Kotak Securities vs Upstox on User Rating

  Kotak Securities Upstox
  79 Customer Reviews    Rate Kotak Securities 8 Customer Reviews    Rate Upstox
Fees Ratings 2.6 3.3
Trading Brokerage Rating 2.7 3.8
Trading Platform Usability 3.2 3.3
Customer Service Ratings 3.1 3.1
Overall Ratings Rated 2.8 stars Rated 3.3 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Upstox is Rated 3.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Kotak Securities vs Upstox on Investment Offerings

Compare Kotak Securities with Upstox 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 - Upstox 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Kotak Securities with Upstox
Investment Offerings Compare Kotak Securities Upstox
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 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 NIL NIL
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Order Types

Compare Kotak Securities vs Upstox on Order Types

Order Type - Compare Kotak Securities with Upstox 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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.

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

Compare Kotak Securities vs Upstox on Margin/Leverage

Comapre Kotak Securities with Upstox 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 Upstox
Margin Product Compare Kotak Securities Upstox
Equity Delivery Margin Kotak Securities vs Upstox - Equity Delivery Margin Upto 5x via Margin Funding. No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Kotak Securities vs Upstox - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 15x for Equity Intraday in Base Plan, Up to 20x on Priority Plan.
Futures Margin Kotak Securities vs Upstox - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 4x for Index/Stock future (of NRML Margin), Priority Plan - up to 5x for Index and 4x for Stocks.
Options Margin Kotak Securities vs Upstox - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan - up to 5x for Index and 4x for Stock Options.No leverage on Options Buying.
Equity CO Margin Kotak Securities vs Upstox - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Up to 20x for NSE/BSE Cash in Base Plan, Up to 25x on Priority Plan.
Futures CO Margin Kotak Securities vs Upstox - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 4x for Index/Stock (of NRML Margin) future, Priority Plan - up to 7x for Index and 6x for Stocks.
Options CO Margin Kotak Securities vs Upstox - Options CO Margin Info Not Available Up to 4x (of NRML Margin) for Index/Stock Options Sell, Priority Plan(PP) - up to 5x for Index and 4x for Stock Options, No leverage on Options Buying.
Commodity Margin Kotak Securities vs Upstox - Commodity Margin Info Not Available Up to 2.5x MIS Margin of SPAN, 3x for Priority Pack, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare Kotak Securities vs Upstox on Customer Service

Compare Kotak Securities with Upstox 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 Upstox
Customer Service Compare Kotak Securities Upstox
24/7 Customer Service Kotak Securities vs Upstox - 24x7 customer support No No
Email Support Kotak Securities vs Upstox - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Upstox - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Upstox - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Upstox - Toll Free Number Yes No
Through Branches Kotak Securities vs Upstox - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Upstox - Customer Care Number 18002099191/1800222299/18002099292 +91 22 6130 9999
Account Opening Process Kotak Securities vs Upstox - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Upstox - Customer Support Email [email protected] [email protected] 
Knowledge Center/Education Kotak Securities vs Upstox - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://upstox.com/help-center/
Head Office Address Kotak Securities vs Upstox - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Kotak Securities vs Upstox - Company Website https://www.kotaksecurities.com https://upstox.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs Upstox on Research Reports, Tips

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

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

Compare Kotak Securities vs Upstox on Demat Account

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

Demat Charges - Compare Kotak Securities with Upstox
  Kotak Securities Upstox
DP Source CDSL CDSL
DP ID Kotak Securities vs Upstox - DP ID 49200 81800
Demat Account Annual Maintenance Charges(AMC) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹150 pa
Advance Deposit NA NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹50 courier charges ₹20 + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Upstox on Special Offers and Promotion

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

Compare Kotak Securities vs Upstox on Special Offers and Promotion
  Kotak Securities Upstox
Pay In and Pay Out Options Kotak Securities vs Upstox - 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Upstox - 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 Upstox - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Direct from your Kotak Mahindra bank account. HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
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...

  • Low cost brokerage structure.
  • Upstox branches available in Delhi, Mumbai, Pune and Ahmedabad.
  • After Market Order (AMO), Cover Order and BO are available on both web and mobile.

Detail Review...

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

Detail Review...

  • Upstox doesn't provide tips and recommendations.
  • Algo-trading facility is not available.
  • Margin funding and margin against shares is not available.
  • Doesn't provide facility to online invest in IPO via Upstox Trading website/app.

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. 100% refundable account opening fee as brokerage cashback, Zero charges for equity delivery trades, Flat Rs 20 for equity intraday, F&O, currency and commodities trades.
Enquiry Enquire about Kotak Securities Enquire about Upstox

Last Updated on 2019-09-16T02:36:37+00:00







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