The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Sharekhan ranges between 0.1 to 0.5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of Kotak Securities vs Sharekhan 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 Sharekhan'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, NCDEX, NSEL|
|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.||Sharekhan not just allows you to trade in all the market segments but also offers finest services like investment options, share market news, research reports, stock quotes, fundamental and statistical info across equity, mutual funds, IPOs and much ...|
In this section we have compared Kotak Securities with Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account.
|Trading Account Opening Fees||Rs 750||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 400 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan provides Multiple Plans where Kotak Securities doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||Sharekhan|
|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.
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
|Brokerage Charges Compare||Kotak Securities||Sharekhan|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||Classic Trading Plan (Percentage Based)|
|Equity Delivery||0.49% or 49 paisa||0.5% or 50 paisa|
|Equity Intraday||0.049% or 5 paisa||0.1% or 10 paisa|
|Equity Futures||0.049% or 5 paisa||0.1% or 10 paisa|
|Equity Options||Rs 300 Per Lot||2.5% of Premium or Rs 250 per lot whichever is high|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||0.1% or 10 paisa|
|Currency Options||Rs 10 Per Lot||2.5% of Premium or Rs 30 per lot whichever is high|
|Commodity Trading||NA||0.1% or 10 paisa|
|Minimum Brokerage||Rs 21 per executed order||Rs 20|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Free|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Sharekhan|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for Sharekhan|
Compare Kotak Securities with Sharekhan on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Sharekhan|
|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 100 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 sharekhan|
Compare Kotak Securities with Sharekhan 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 Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - Sharekhan offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||Kotak Securities||Sharekhan|
|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||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Sharekhan. 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||Sharekhan|
|Desktop Trading Platform||KEAT Pro X||TradeTiger|
|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://www.sharekhan.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Kotak Stock Trader||Sharekhan|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Sharekhan Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Sharekhan Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Sharekhan 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 Sharekhan|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Sharekhan|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Sharekhan|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for sharekhan|
|79 Customer Reviews||177 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||Sharekhan is Rated 3.6 / 5 based on 177 customer reviews|
Compare Kotak Securities with Sharekhan 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 - Sharekhan 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) - Sharekhan provides PMS Service where Kotak Securities doesn't offer
|Investment Offerings Compare||Kotak Securities||Sharekhan|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Kotak Securities with Sharekhan 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 Type Compare||Kotak Securities||Sharekhan|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Kotak Securities with Sharekhan 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||Sharekhan|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Upto 5x via 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 2x leverage for futures.|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Upto 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.||Upto 15x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Upto 15x margin/leverage in CO order for futures contracts.|
|Options CO Margin||Info Not Available||Upto 15x margin/leverage in CO order for options contracts sell only.|
|Commodity Margin||Info Not Available||Info Not Available|
Compare Kotak Securities with Sharekhan 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||Sharekhan|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||1800227500|
|Account Opening Process||Offline||Offline|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Lodha iThink Techno Campus,
Compare Kotak Securities with Sharekhan on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions)||₹500 pa|
|Advance Deposit||NA||Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)|
|Statutory charges||Nil||Actual Stamp Paper Charges|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||0.03% (Min ₹30) + ₹5.50 (CDSL Charges)|
|Demat||₹3 per certificate + ₹50 courier charges||₹5 per certificate (Min 50 per request)|
|Remat||₹10 for every hundred securities (Min ₹15)||₹50 per certificate or ₹50 for every hundred securities|
|Pledge Creation||0.05% of transaction value (Min ₹30)||0.03% (Min ₹100)|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||Nil|
|Failed Instruction Charges||Nil||Nil|
|Other Charges||Nil||Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Compare Kotak Securities with Sharekhan 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|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||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Info Not Available|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Sharekhan Limited
|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.||Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.|
|Enquiry||Enquire about Kotak Securities||Enquire about Sharekhan|
Last Updated on 2019-07-09T00:00:54+00:00