FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.
IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).
IDBI Capital offers...
About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ...
Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
IDBI Capital | Kotak Securities | |
---|---|---|
Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, NSDL | BSE, NSE, MCX, NCDEX |
Year of Incorporation | 1993 | 1994 |
Number of Branches | 14 | 153 |
Open Kotak Securities Account |
IDBI Capital trading account opening charges is Rs 500 while Kotak Securities account opening changes is Rs 99. IDBI Capital Demat Account AMC Charges is Rs 450 and Kotak Securities Demat Account AMC Charges is Rs 600.
IDBI Capital | Kotak Securities | |
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Trading Account Opening Charges | Rs 500 | Rs 99 |
Trading Account AMC Charges | NIL | Rs 0 |
Demat Account Opening Charges | NIL | Rs 0 (Free) |
Demat Account AMC Charges | Rs 450 | Rs 600 |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free.
Account Type | IDBI Capital Card Rate Plan | Kotak Securities Trade Free Plan |
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Fixed Charges | ||
Equity Delivery | 0.50% | 0.25% (Minimum Rs 20 per trade) |
Equity Intraday | 0.05% | Free |
Equity Futures | 0.05% | Delivery: Rs 20 per trade | Intraday: Free |
Equity Options | Rs 100 per lot | Delivery: Rs 20 per trade | Intraday: Free |
Currency Futures | NA | Delivery: Rs 20 per trade | Intraday: Free |
Currency Options | NA | Delivery: Rs 20 per trade | Intraday: Free |
Commodity Futures | NA | Delivery: Rs 20 per trade | Intraday: Free |
Commodity Options | NA | Delivery: Rs 20 per trade | Intraday: Free |
Special Offer | 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. |
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
IDBI Capital | Kotak Securities | |
---|---|---|
Account Type | Ace Trader Plan | Dealer Assisted Plan |
Fixed Charges | Rs 499 (One Time) | |
Equity Delivery | 0.10% to 0.50% | 0.39% |
Equity Intraday | 0.020% to 0.050% | 0.039% |
Equity Futures | 0.020% to 0.048% | 0.039% |
Equity Options | Rs 100 per lot | Rs 39 per lot |
Currency Futures | Rs 9 per lot | |
Currency Options | Rs 5 per lot | |
Commodity Futures | 0.039% | |
Commodity Options | Rs 39 per lot | |
Open Kotak Securities Account |
Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 21 per executed order |
Other Charges | ||
Call & Trade Charges | Nil | Rs 50 per call |
IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Kotak Securities exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).
IDBI Capital | Kotak Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) |
Currency Options | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | NA | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX |
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IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
IDBI Capital | Kotak Securities | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
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The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.
IDBI Capital | Kotak Securities | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | Power Pro, Power Streaming, IDBI Direct | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
Intraday Square-off Time | 3:00 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Morning Report, Equity SIP, Investment Guide | 3-in-1 account |
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IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 198 customer reviews.
IDBI Capital Enquire | Kotak Securities Enquire | |
---|---|---|
Contact Broker | 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. | Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
IDBI Capital | Kotak Securities | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options |
IDBI Capital | Kotak Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Kotak Securities Account |
IDBI Capital | Kotak Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
IDBI Capital | Kotak Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
IDBI Capital | Kotak Securities | |
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Pros | - Prepaid plans are available for volume traders. |
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Cons | - Additional charge of Rs 2000 per year for installable trading platform. |
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Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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