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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||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 inve...|
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 Account Opening Fees||Rs 750||Rs 200|
|Demat Account Opening Fees||Free||Rs 100|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||Zerodha|
|Account Opening Request|
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 - Rs 20 flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the Maximum brokerage you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower. Equity Delivery is Free 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|
|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|
Compare Kotak Securities with Zerodha on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||Zerodha|
|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|
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||Zerodha|
|Desktop Trading Platform||KEAT Pro X||Zerodha PI|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Kotak Stock Trader||Zerodha Kite|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Zerodha Kite Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Zerodha Kite Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Zerodha Kite 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 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|
|79 Customer Reviews||154 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Zerodha|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options|
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- Kotak Securities offers Good Till Cancelled (GTC) orders where Zerodha doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Kotak Securities||Zerodha|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||Zerodha|
|Equity Delivery Margin||Upto 5x via Margin Funding.||No Delivery margin.|
|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||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Up to 2x leverage for future.|
|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||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||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||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||Info Not Available||Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.|
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 Service Compare||Kotak Securities||Zerodha|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||"+ 91 80 4040 2020"|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Compare Kotak Securities with Zerodha on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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/-)||300 - Individual 1000 - Non Individual|
|Statutory charges||NA||Rs.50/- (POA Charges)|
|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).||On market: Rs.8+5.5 (CDSL charges) Off market: 0.03% of Rs.25 whichever is higher|
|Demat||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.||150 per certificate + Rs.100 courier charges|
|Remat||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-||150 per certificate + Rs.150 courier charges + CDSL charges|
|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.20 + Rs.12 per request (CDSL charges)|
|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.20 + Rs.12 per request (CDSL charges)|
|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.20|
|Failed Instruction Charges||Nil||Rs.50 per instruction|
|Other Charges||Nil||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare Kotak Securities with Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.||Max 24 hrs except bank holidays|
|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
Branch: Sandoz Branch, Mumbai
|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.|
|Enquire about Kotak Securities||Enquire about Zerodha|
Last Updated on 2019-06-23T23:14:53+00:00