FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Reliance Securities Vs Kotak Securities: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Kotak Securities offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities ranges between 0.05 - 0.50% while the brokerage of Kotak Securities ranges between Rs. 20 per order. Both the brokers are Full Service brokers. Reliance Securities is having overall lower rating compare to Kotak Securities. Reliance Securities is rated only 3.5 out of 5 where Kotak Securities is rated 4 out of 5. Number of active customer for Kotak Securities is 11,79,674 where number of active customer for Reliance Securities is 74,770. Kotak Securities is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of Reliance Securities vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Reliance Securities vs Kotak Securities'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 Reliance Securities vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Reliance Securities vs Kotak Securities'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 Reliance Securities vs Kotak Securities on Service

  Reliance Securities Compare
Reliance Securities
Kotak Securities Compare
Kotak Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 74,770 11,79,674
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities 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
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities
Expand

Account Opening Charges and AMC

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

Comparison of Reliance Securities with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Kotak Securities
Charges Reliance Securities Kotak Securities
Trading Account Opening Fees Rs 950 Rs 99
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 600 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Reliance Securities vs Kotak Securities on Plan Options

Plans are the most important feature you look when compare Reliance Securities with Kotak Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening Request

Account Opening

  Zerodha Kotak Securities
Account Opening Request
Expand

Brokerage Charges

Compare Reliance Securities vs Kotak Securities on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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.

Brokerage Charges - Compare Reliance Securities with Kotak Securities
Brokerage Charges Compare Reliance Securities Kotak Securities
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Kotak Securities Trade Free Plan
Equity Delivery 0.50% 0.25%
Equity Intraday 0.05% Free
Equity Futures 0.05% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Rs 100 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures 0.05% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Rs 100 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage 5 paise per share Rs 21 per executed order
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) 20 calls free and after that Rs 20 per call
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Kotak Securities
Expand

Share Broker's Transaction Charges

Compare Reliance Securities vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with Kotak Securities
Transaction Charges Compare Reliance Securities Kotak Securities
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for kotak-securities
Expand

Account Features

Compare Reliance Securities vs Kotak Securities on Account Features

Compare Reliance Securities with Kotak Securities 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 Reliance Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Reliance Securities with Kotak Securities
Account Features Compare Reliance Securities Kotak Securities
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. Yes, Reliance Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Mobile Application: Rmobile Xpress NIL
Expand

Trading Platform

Compare Reliance Securities vs Kotak Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Kotak Securities. 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 Reliance Securities with Kotak Securities
Trading Platform Compare Reliance Securities Kotak Securities
Desktop Trading Platform InstaXpress Neo
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Kotak Neo
Mobile Trading App Demo TICK PRO Demo Kotak Neo Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Kotak Neo Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS Kotak Neo Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for kotak-securities

Expand

Broker Ratings by Users

Compare Reliance Securities vs Kotak Securities on User Rating

  Reliance Securities Kotak Securities
  52 Customer Reviews    Rate Reliance Securities 82 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.5 2.6
Trading Brokerage Rating 3.4 2.7
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.4 3.1
Overall Ratings 3.4 2.8
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
Expand

Investment Offerings

Compare Reliance Securities vs Kotak Securities on Investment Offerings

Compare Reliance Securities with Kotak Securities 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Order Types

Compare Reliance Securities vs Kotak Securities on Order Types

Order Type - Compare Reliance Securities with Kotak Securities 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- Kotak Securities offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Kotak Securities
Order Type Compare Reliance Securities Kotak Securities
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 No Yes
Expand

Customer Service Offered

Compare Reliance Securities vs Kotak Securities on Customer Service

Compare Reliance Securities with Kotak Securities 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 Reliance Securities with Kotak Securities
Customer Service Compare Reliance Securities Kotak Securities
24/7 Customer Service Reliance Securities vs Kotak Securities - 24x7 customer support No No
Email Support Reliance Securities vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Kotak Securities - Onine Live Chat Yes Yes
Phone Support Reliance Securities vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Kotak Securities - Toll Free Number Yes Yes
Through Branches Reliance Securities vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Reliance Securities vs Kotak Securities - Customer Care Number 022 41596000 | 022 62436000 1800 209 9191
Account Opening Process Reliance Securities vs Kotak Securities - Account Opening Process Online/Paperless Online
Customer Support Email Reliance Securities vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Kotak Securities - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address Reliance Securities vs Kotak Securities - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Reliance Securities vs Kotak Securities - Company Website https://www.reliancesmartmoney.com https://www.kotaksecurities.com
Expand

Tips/Research/Reports Published

Compare Reliance Securities vs Kotak Securities on Research Reports, Tips

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

Research Reports - Compare Reliance Securities with Kotak Securities
  Reliance Securities Kotak Securities
Research Mutual Funds Reliance Securities vs Kotak Securities - Research Mutual Funds Yes Yes
Research Equity Reports Reliance Securities vs Kotak Securities - Research Equity Reports Yes Yes
Research ETF Reliance Securities vs Kotak Securities - Research ETF Yes Yes
Daily Market Report Reliance Securities vs Kotak Securities - Daily Market Report Yes Yes
Free Tips Reliance Securities vs Kotak Securities - Free Tips Yes Yes
Quarterly Result Analysis Reliance Securities vs Kotak Securities - Quarterly Results Yes Yes
News Alerts Reliance Securities vs Kotak Securities - Yes Yes
Expand

Demat Account

Compare Reliance Securities vs Kotak Securities on Demat Account

Compare Reliance Securities with Kotak Securities 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 Kotak Securities is ₹780 pa where for Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + CDSL charges where for Kotak Securities is 0.04% (Min ₹27) + CDSL charges.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 Reliance Securities with Kotak Securities
  Reliance Securities Kotak Securities
DP Source CDSL CDSL
DP ID Reliance Securities vs Kotak Securities - DP ID 41400 49200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹780 pa
Advance Deposit Nil NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate + ₹30 request charges ₹3 per certificate + ₹50 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹10 for every hundred securities (Min ₹15)
Pledge Creation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Kotak Securities on Special Offers and Promotion

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

Compare Reliance Securities vs Kotak Securities on Special Offers and Promotion
  Reliance Securities Kotak Securities
Pay In and Pay Out Options Reliance Securities vs Kotak Securities - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
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.
Payout Time Reliance Securities vs Kotak Securities - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Reliance Securities vs Kotak Securities - Bank Supported and Charges Info Not Available (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your Kotak Mahindra bank account.
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

Detail Review...

  • 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...

Dislikes
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

  • 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...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Kotak Securities Account Now>>

Last Updated on 2023-09-13T01:50:30+00:00