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Kotak Securities Vs Yes Securities NRI Account Comparison

The side-by-side comparison of Kotak Securities and Yes Securities NRI Account. Compare Kotak Securities Vs Yes Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Yes Securities and Kotak Securities NRI Account reviews.

Find out Kotak Securities Vs Yes Securities which is better NRI Trading Account. See Kotak Securities Vs Yes Securities which is best NRI Demat Account.

Our Kotak Securities Ltd comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between Kotak Securities and Yes Securities NRI Account.

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Kotak Securities Vs Yes Securities

  Kotak Securities Yes Securities
 
  Kotak Securities Ltd Logo Yes Securities Limited Logo
About the Broker Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Account NRI Investment Account
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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Kotak Securities Vs Yes Securities Charges

  Kotak Securities Yes Securities
NRI Account Opening Fees ₹3750
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 600 Rs 500
PIS Account AMC ₹1000 ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Kotak Securities Vs Yes Securities NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Yes Securities NRI Investment Account
Equity Delivery 1.00%
Equity Futures 1.00% ₹100 per contact
Equity Options 1.00% ₹100 per contact
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Other Charges

Contract Note Reporting Charges ₹0 ₹100 per contact note
Other Brokerage Charges Average Quarterly Balance: ₹10000
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Kotak Securities Vs Yes Securities NRI Account Taxes/Fees

  Kotak Securities Yes Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Kotak Securities Vs Yes Securities NRI Account Margin

  Kotak Securities Margin Yes Securities Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Kotak Securities and Yes Securities NRI Account Features

  Kotak Securities Yes Securities
3-in-1 Account Yes Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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Kotak Securities Vs Yes Securities NRI Account Review

  Kotak Securities Review Yes Securities Review
  198 Customer Reviews    Rate Kotak Securities 4 Customer Reviews    Rate Yes Securities
Fees 2.4 3.3
Brokerage 2.3 2.0
Trading Platform 3.2 3.0
Customer Service 2.8 2.8
Overall Rating Rated 2.4 stars Rated 2.5 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 198 customer reviews Yes Securities is Rated 2.5 / 5 based on 4 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Yes Securities Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Kotak Securities Vs Yes Securities NRI Investment Options

  Kotak Securities Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Kotak Securities Vs Yes Securities NRI Customer Service

  Kotak Securities Yes Securities
Customer Care Number 022 6689 6000, 022 6652 9191 +91 22 7112 3123
Customer Care Email nricustomerservice@kotak.com customer.service@ysil.in
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Kotak Securities Vs Yes Securities Order Type Offered for NRI Account

  Kotak Securities Yes Securities
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No

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Kotak Securities Vs Yes Securities - NRI Account Advantages and Disadvantages

  Kotak Securities Yes Securities
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
Cons
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
Conclusion

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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