Compare 3 Brokers

Kotak Securities Vs Zerodha: Which one is better?

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

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

  Kotak Securities Compare
Kotak Securities
Zerodha Compare
Zerodha
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, MCX-SX and 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. With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv...Know more about Zerodha
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 Zerodha. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

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

In this section we have compared Kotak Securities with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Zerodha charges Rs 200 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Zerodha
Charges Kotak Securities Zerodha
Trading Account Opening Fees Rs 750 Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Zerodha on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Zerodha. 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.

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

Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Zerodha 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.

Zerodha Brokerage Plan detail - Zerodha offers Rs 20 or .01% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare Kotak Securities with Zerodha
Brokerage Charges Compare Kotak Securities Zerodha
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 0.01% or Rs 20 whichever is lower
Equity Options Rs 300 Per Lot Flat Fee Rs 20
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.01% or Rs 20 whichever is lower
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 No
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 Zerodha
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Zerodha
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Zerodha
Transaction Charges Compare Kotak Securities Zerodha
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 135 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 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 zerodha
Expand

Account Features

Compare Kotak Securities vs Zerodha on Account Features

Compare Kotak Securities with Zerodha 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 Zerodha offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha 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 Zerodha
Account Features Compare Kotak Securities Zerodha
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 No
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
Expand

Trading Platform

Compare Kotak Securities vs Zerodha on Trading Platform

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

Expand

Broker Ratings by Users

Compare Kotak Securities vs Zerodha on User Rating

  Kotak Securities Zerodha
  79 Customer Reviews    Rate Kotak Securities 154 Customer Reviews    Rate Zerodha
Fees Ratings 2.6 4.0
Trading Brokerage Rating 2.7 4.5
Trading Platform Usability 3.2 3.7
Customer Service Ratings 3.1 3.8
Overall Ratings Rated 2.8 stars Rated 3.9 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews Zerodha is Rated 3.9 / 5 based on 154 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Zerodha on Investment Offerings

Compare Kotak Securities with Zerodha 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 - Zerodha 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 Zerodha
Investment Offerings Compare Kotak Securities Zerodha
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 Yes
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Kotak Securities vs Zerodha on Order Types

Order Type - Compare Kotak Securities with Zerodha 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- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Kotak Securities with Zerodha
Order Type Compare Kotak Securities Zerodha
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 Yes
Expand

Margin/Leverage

Compare Kotak Securities vs Zerodha on Margin/Leverage

Comapre Kotak Securities with Zerodha 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 Zerodha
Margin Product Compare Kotak Securities Zerodha
Equity Delivery Margin Kotak Securities vs Zerodha - Equity Delivery Margin Upto 5x via Margin Funding. No Delivery margin.
Equity Intraday Margin Kotak Securities vs Zerodha - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 12.5x margin for Intraday leverage for equity.
Futures Margin Kotak Securities vs Zerodha - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Up to 2x leverage for future.
Options Margin Kotak Securities vs Zerodha - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 2x margin for options shorting, no leverage for option buying.
Equity CO Margin Kotak Securities vs Zerodha - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Up to 20.8x margin/leverage in equity CO order for selected equity scripts.
Futures CO Margin Kotak Securities vs Zerodha - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Up to 33x margin/leverage (of complete order) in CO order for future contracts.
Options CO Margin Kotak Securities vs Zerodha - Options CO Margin Info Not Available Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY.
Commodity Margin Kotak Securities vs Zerodha - Commodity Margin Info Not Available Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
Expand

Customer Service Offered

Compare Kotak Securities vs Zerodha on Customer Service

Compare Kotak Securities with Zerodha 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 Zerodha
Customer Service Compare Kotak Securities Zerodha
24/7 Customer Service Kotak Securities vs Zerodha - 24x7 customer support No No
Email Support Kotak Securities vs Zerodha - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Zerodha - Onine Live Chat Yes No
Phone Support Kotak Securities vs Zerodha - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Zerodha - Toll Free Number Yes No
Through Branches Kotak Securities vs Zerodha - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Zerodha - Customer Care Number 18002099191/1800222299/18002099292 "+ 91 80 4040 2020"
Account Opening Process Kotak Securities vs Zerodha - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Zerodha - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://support.zerodha.com/
Head Office Address Kotak Securities vs Zerodha - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website Kotak Securities vs Zerodha - Company Website https://www.kotaksecurities.com https://zerodha.com/
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Zerodha on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs Zerodha on Demat Account

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

Demat Charges - Compare Kotak Securities with Zerodha
  Kotak Securities Zerodha
DP Source CDSL CDSL
DP ID Kotak Securities vs Zerodha - DP ID 49200 81600
Demat Account Annual Maintenance Charges(AMC) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹300 pa
Advance Deposit NA Nil
Statutory charges Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹3 per certificate + ₹50 courier charges ₹150 per certificate + ₹100 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Zerodha on Special Offers and Promotion

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

Compare Kotak Securities vs Zerodha on Special Offers and Promotion
  Kotak Securities Zerodha
Pay In and Pay Out Options Kotak Securities vs Zerodha - 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 Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs Zerodha - 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 Zerodha - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail Direct from your Kotak Mahindra bank account. HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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...

  • Best Mobile App KITE. Now you don’t need desktop software for your trading.
  • Low Brokerage and High Exposure
  • Strong customer support, everything is available online, no need to call any customer support. Learn by your own and get all the questions answered online.
  • Free, online education module covering all the topics related to trading called Varsity.
  • Active trading forum called Trading Q&A.

Detail Review...

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

Detail Review...

  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

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. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Enquire about Kotak Securities Enquire about Zerodha

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







Search topsharebrokers.com:

Translate topsharebrokers.com: