Kotak Securities Vs Religare Broking: Which one is better?

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.

Compare Kotak Securities vs Religare Broking on Service

  Kotak Securities Compare
Kotak Securities
Religare Broking Compare
Religare Broking
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? 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 ...Know more about Religare Broking
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 Religare Broking. 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 Religare Broking on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Religare Broking
Charges Kotak Securities Religare Broking
Trading Account Opening Fees Rs 750 Rs 500
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Religare Broking on Plan Options

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.

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

Account Opening

  Kotak Securities Religare Broking
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Religare Broking 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.

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 with Religare Broking
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
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Share Broker's Transaction Charges

Compare Kotak Securities vs Religare Broking on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Religare Broking
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
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Account Features

Compare Kotak Securities vs Religare Broking on Account Features

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 - Kotak Securities with Religare Broking
Account Features Compare Kotak Securities Religare Broking
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 No
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
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Trading Platform

Compare Kotak Securities vs Religare Broking on Trading Platform

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 with Religare Broking
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) 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://secure.religareonline.com/Login.aspx
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader Religare Dynami
Mobile Trading App Demo Kotak Stock Trader Demo Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS Religare Dynami 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 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

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Broker Ratings by Users

Compare Kotak Securities vs Religare Broking on User Rating

  Kotak Securities Religare Broking
  79 Customer Reviews    Rate Kotak Securities 55 Customer Reviews    Rate Religare Broking
Fees Ratings 2.6 3.2
Trading Brokerage Rating 2.7 3.2
Trading Platform Usability 3.2 3.1
Customer Service Ratings 3.1 2.9
Overall Ratings Rated 2.8 stars Rated 3.0 stars
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
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Investment Offerings

Compare Kotak Securities vs Religare Broking on Investment Offerings

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 with Religare Broking
Investment Offerings Compare Kotak Securities Religare Broking
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 Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options
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Order Types

Compare Kotak Securities vs Religare Broking on Order Types

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 Types - Compare Kotak Securities with Religare Broking
Order Type Compare Kotak Securities Religare Broking
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Kotak Securities vs Religare Broking on Margin/Leverage

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.

Exposure/margin - Compare Kotak Securities with Religare Broking
Margin Product Compare Kotak Securities Religare Broking
Equity Delivery Margin Kotak Securities vs Religare Broking - Equity Delivery Margin Upto 5x via Margin Funding. Upto 4x with Margin Funding
Equity Intraday Margin Kotak Securities vs Religare Broking - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 10x leverage for equity
Futures Margin Kotak Securities vs Religare Broking - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Upto 3x leverage for equity futures
Options Margin Kotak Securities vs Religare Broking - 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 Kotak Securities vs Religare Broking - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs Religare Broking - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs Religare Broking - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Religare Broking - Commodity Margin Info Not Available Upto 3x on Intraday
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Customer Service Offered

Compare Kotak Securities vs Religare Broking on Customer Service

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 Support - Compare Kotak Securities with Religare Broking
Customer Service Compare Kotak Securities Religare Broking
24/7 Customer Service Kotak Securities vs Religare Broking - 24x7 customer support No No
Email Support Kotak Securities vs Religare Broking - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Religare Broking - Onine Live Chat Yes No
Phone Support Kotak Securities vs Religare Broking - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Religare Broking - Toll Free Number Yes No
Through Branches Kotak Securities vs Religare Broking - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Religare Broking - Customer Care Number 18002099191/1800222299/18002099292 18602588888
Account Opening Process Kotak Securities vs Religare Broking - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs Religare Broking - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Religare Broking - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs http://www.religareonline.com/faq/passwords
Head Office Address Kotak Securities vs Religare Broking - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website Kotak Securities vs Religare Broking - Company Website https://www.kotaksecurities.com http://www.religareonline.com
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Tips/Research/Reports Published

Compare Kotak Securities vs Religare Broking on Research Reports, Tips

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

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

Compare Kotak Securities vs Religare Broking on Demat Account

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

Demat Charges - Compare Kotak Securities with Religare Broking
  Kotak Securities Religare Broking
DP Source CDSL CDSL
DP ID Kotak Securities vs Religare Broking - DP ID 49200 30200
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/-
Statutory charges NA NIL
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.

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Religare Broking on Special Offers and Promotion

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

Compare Kotak Securities vs Religare Broking on Special Offers and Promotion
  Kotak Securities Religare Broking
Pay In and Pay Out Options Kotak Securities vs 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 Kotak Securities vs Religare Broking - 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 Kotak Securities vs Religare Broking - 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,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
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...

  • Easy to understand Financial Reports.
  • Research tips through SMS, mails, website.

Detail Review...

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

Detail Review...

  • Call and trade is not free.
  • Minimum brokerage charged.
  • Not transparent in terms of other charges.

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. - 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







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