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Kotak Securities Vs AxisDirect (Compare Kotak Securities and AxisDirect)

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

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Kotak Securities Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Kotak Securities AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2006
Number of Branches 153 56
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Kotak Securities Vs AxisDirect Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. Kotak Securities Demat Account AMC Charges is Rs 600 and AxisDirect Demat Account AMC Charges is Rs 650.

  Kotak Securities AxisDirect
Trading Account Opening Charges Rs 0 (Free) Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 650

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Kotak Securities Vs AxisDirect Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Kotak Securities Trade Free Plan AxisDirect Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.25% (Minimum Rs 20 per trade) 0.50%
Equity Intraday Free 0.05%
Equity Futures Delivery: Rs 20 per trade | Intraday: Free 0.05%
Equity Options Delivery: Rs 20 per trade | Intraday: Free Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Delivery: Rs 20 per trade | Intraday: Free 0.05%
Currency Options Delivery: Rs 20 per trade | Intraday: Free Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free 0.03%
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 50 per lot
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.

Kotak Securities Vs AxisDirect Brokerage Plan 2

  Kotak Securities AxisDirect
Account Type Dealer Assisted Plan Standard Brokerage Plan
Fixed Charges Rs 499 (One Time) NA
Equity Delivery 0.39% 0.50%
Equity Intraday 0.039% 0.05%
Equity Futures 0.039% 0.05%
Equity Options Rs 39 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 9 per lot 0.05%
Currency Options Rs 5 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.039% 0.03%
Commodity Options Rs 39 per lot Rs 50 per lot
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Kotak Securities Charges Vs AxisDirect

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

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Kotak Securities Vs AxisDirect Leverage (Margin)

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

  Kotak Securities AxisDirect
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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Compare Kotak Securities and AxisDirect Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Kotak Securities AxisDirect
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Trading In SME Shares Allowed?
Referral Program Yes
Other Features 3-in-1 account
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Kotak Securities Vs AxisDirect Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 89 customer reviews.

  Kotak Securities AxisDirect
  198 Customer Reviews    Rate Kotak Securities 89 Customer Reviews    Rate AxisDirect
Fees 2.4 2.0
Brokerage 2.3 1.8
Trading Platform 3.2 2.5
Customer Service 2.8 2.1
Research Capabilities 2.7 2.7
Overall Ratings Rated 2.4 stars Rated 2.0 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 198 customer reviews AxisDirect is rated 2.0 of 5 based on 89 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire AxisDirect 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 AxisDirect Investment Options

  Kotak Securities AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD

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Kotak Securities Vs AxisDirect Order Type Offered

  Kotak Securities AxisDirect
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
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Kotak Securities Vs AxisDirect Research Report

  Kotak Securities AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Kotak Securities Vs AxisDirect Suitable For Investor Type

  Kotak Securities AxisDirect
Casual Investor Yes Yes
Active Investor Yes
Trader

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Kotak Securities Vs AxisDirect - Pros and Cons

  Kotak Securities AxisDirect
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.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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

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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