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Kotak Securities Vs Alice Blue (Compare Kotak Securities and Alice Blue)

Kotak Securities Ltd Logo

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 ... Know more about Kotak Securities Ltd

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plan of Rs 20 for all segments to its customers. The equity delivery brokerage charges are Rs 20 per executed order or 2.5% whichever is lower. For all other segments, Alice Blue charges flat Rs 20 per executed order or 0.05%... Know more about Alice Blue Financial Services

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Kotak Securities Vs Alice Blue

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 0, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  Kotak Securities Alice Blue
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 0
Number of Branches 153 0
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Kotak Securities Demat Account AMC Charges is Rs 600 and Alice Blue Demat Account AMC Charges is Rs 400.

  Kotak Securities Alice Blue
Trading Account Opening Charges Rs 0 (Free) Rs 150
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 400

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Kotak Securities Vs Alice Blue Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and intraday is Rs 20 per order or 0.05% whichever is lower.

Account Type Kotak Securities Trade Free Plan Alice Blue Freedom 15 (F15)
Fixed Charges
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 20 per order or 2.5% whichever is lower
Equity Intraday Free Rs 20 per order or 0.05% whichever is lower
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order or 0.05% whichever is lower
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order or 0.05% whichever is lower
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order or 0.05% whichever is lower
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Kotak Securities Vs Alice Blue Brokerage Plan 2

  Kotak Securities Alice Blue
Account Type Dealer Assisted Plan Freedom 15 (F15)
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% Rs 20 per order or 2.5% whichever is lower
Equity Intraday 0.039% Rs 20 per order or 0.05% whichever is lower
Equity Futures 0.039% Rs 20 per order or 0.05% whichever is lower
Equity Options Rs 39 per lot Rs 20 per order
Currency Futures Rs 9 per lot Rs 20 per order or 0.05% whichever is lower
Currency Options Rs 5 per lot Rs 20 per order
Commodity Futures 0.039% Rs 20 per order or 0.05% whichever is lower
Commodity Options Rs 39 per lot Rs 20 per order
Open Kotak Securities AccountOpen Alice Blue Account

Kotak Securities Charges Vs Alice Blue

Minimum Brokerage Rs 21 per executed order Rs 0
Other Charges
Call & Trade Charges Rs 50 per call Rs 20 per executed order

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Kotak Securities Vs Alice Blue Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Kotak Securities Alice Blue
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Alice Blue
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)
Open Kotak Securities AccountOpen Alice Blue Account

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Compare Kotak Securities and Alice Blue Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Kotak Securities Alice Blue
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features 3-in-1 account
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Alice Blue is rated 3.1 of 5 based on 40 customer reviews.

  Kotak Securities Alice Blue
  198 Customer Reviews    Rate Kotak Securities 40 Customer Reviews    Rate Alice Blue
Fees 2.4 3.7
Brokerage 2.3 3.7
Trading Platform 3.2 3.3
Customer Service 2.8 2.9
Research Capabilities 2.7 1.9
Overall Ratings Rated 2.4 stars Rated 3.1 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 198 customer reviews Alice Blue is rated 3.1 of 5 based on 40 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Alice Blue Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Kotak Securities Vs Alice Blue Investment Options

  Kotak Securities Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Kotak Securities Vs Alice Blue Order Type Offered

  Kotak Securities Alice Blue
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Research Report

  Kotak Securities Alice Blue
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Kotak Securities Vs Alice Blue Suitable For Investor Type

  Kotak Securities Alice Blue
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Alice Blue - Pros and Cons

  Kotak Securities Alice Blue
Pros
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  • Flat Rs 20 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
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

Alice Blue Special Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Kotak Securities AccountOpen Alice Blue Account

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