The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Religare Broking ranges between .05 to .5%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Religare Broking. Kotak Securities is rated 4 out of 5 where Religare Broking is rated only 3.5 out of 5.
Here we present side-by-side comparison of Kotak Securities vs Religare Broking 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 Religare Broking'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||Full Service Broker|
|Exchanges Supported||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.||Religare offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, Religare's massive branch office network, which offers reliable and personable relationships, help the broker to easily ...|
In this section we have compared Kotak Securities with Religare Broking on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where Religare Broking charges Rs 500 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Religare Broking charges Rs 300 PA AMC for Demat account.
|Charges||Kotak Securities||Religare Broking|
|Trading Account Opening Fees||Rs 750||Rs 500|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Religare Broking. 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||Religare Broking|
|Kotak Securities||Religare Broking|
|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.
Religare Broking Brokerage Plan detail - Basic Plan with Religare is % base and Advanced brokerage schemes with lower brokerage denomination is also available.
|Brokerage Charges Compare||Kotak Securities||Religare Broking|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||Standard Trading Plan (Percentage Based)|
|Equity Delivery||0.49% or 49 paisa||0.5% or 50 paisa|
|Equity Intraday||0.049% or 5 paisa||0.05% or 5 paisa|
|Equity Futures||0.049% or 5 paisa||0.05% or 5 paisa|
|Equity Options||Rs 300 Per Lot||Rs 70 Per Lot|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||0.05% or 5 paisa|
|Currency Options||Rs 10 Per Lot||Rs 30 Per Lot|
|Commodity Trading||NA||0.05% or 5 paisa|
|Minimum Brokerage||Rs 21 per executed order||1p per share|
|Hidden Charges||No||Yes - Minimum Charges|
|Funding||Yes - 18% interest PA||Yes - 21% Interest|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Rs 10 per order, Max rs 50 per segment per day|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Religare Broking|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for Religare Broking|
Compare Kotak Securities with Religare Broking on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Religare Broking|
|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||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for religare-broking|
Compare Kotak Securities with Religare Broking 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 Religare Broking offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - both brokers dont have margin funing facility. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Kotak Securities||Religare Broking|
|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 Religare Broking. 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||Religare Broking|
|Desktop Trading Platform||KEAT Pro X||OdinDiet and Power FnO|
|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://secure.religareonline.com/Login.aspx|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Kotak Stock Trader||Religare Dynami|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Religare Dynami Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Religare Dynami Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Religare Dynami 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 Religare Broking|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Religare Broking|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Religare Broking|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for religare-broking|
|Kotak Securities||Religare Broking|
|79 Customer Reviews||55 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||Religare Broking is Rated 3.0 / 5 based on 55 customer reviews|
Compare Kotak Securities with Religare Broking 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 - Religare Broking 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||Religare Broking|
|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 Religare Broking 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 Religare Broking 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)- 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 Type Compare||Kotak Securities||Religare Broking|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Kotak Securities with Religare Broking 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||Religare Broking|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Upto 4x with Margin Funding|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Upto 10x leverage for equity|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Upto 3x leverage for equity futures|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Upto 3x for Opions Selling and no leverage on Options Buying|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Info Not Available|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Upto 3x on Intraday|
Compare Kotak Securities with Religare Broking 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||Religare Broking|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||18602588888|
|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
|Religare Broking Limited,
24, Nehru Place,
Compare Kotak Securities with Religare Broking on research reports and tips provided by broker.
|Kotak Securities||Religare Broking|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Religare Broking on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Kotak Securities||Religare Broking|
|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/-)||Rs.300/- per annum payable upfront for clients opting for digital statement OR Rs.400/- per annum payable upfront for client opting for physical statement. For Corporate Accounts CDSL charges will be additionally charged.|
|Advance Deposit||NA||Rs. 500/-|
|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).||(1) Delivery given to Religare Pool A/C Rs. 15/-(Client with POA Religare), Rs.25/- (Client without POA Religare) (2) Any other Account- Rs. 30/- Per debit or 0.02% of the value of transaction whichever is higher|
|Demat||Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request.||Rs. 2/- per certificate + Rs.30/- Courier Charges|
|Remat||Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/-||Rs. 20/- per certificate + CDSL Charges+ Rs.30/- Courier 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. 50/- per request or 0.02% of the value of securities whichever is higher|
|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/-||Rs. 50/- per request or 0.02% of the value of securities whichever is higher|
|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 request or 0.02% of the value of securities whichever is higher|
|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/-||Rs. 50/- per request or 0.02% of the value of securities whichever is higher|
|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 request or 0.02% of the value of securities whichever is higher|
|Failed Instruction Charges||Nil||Nil|
|Other Charges||Nil||1.Demat Rejection Charges Rs.30/- per rejection. 2. Delivery Instruction Booklet Rs.1/- per leaflet.|
Compare Kotak Securities with Religare Broking on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||Religare Broking|
|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 Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|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||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||21+ bank connected via payment gatway, Rs 10 fee for per transaction.|
|Bank Detail||Direct from your Kotak Mahindra bank account.||RELIGARE BROKING LIMITED,
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
|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.||- Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.|
|Enquire about Kotak Securities||Enquire about Religare Broking|
Last Updated on 2019-06-23T23:14:53+00:00