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Kotak Securities Vs Bajaj Financial (Compare Kotak Securities and Bajaj Financial)

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

Bajaj Financial Securities Ltd Logo

About Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m... Know more about Bajaj Financial Securities Ltd

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Kotak Securities Vs Bajaj Financial

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 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  Kotak Securities Bajaj Financial
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE
Year of Incorporation 1994 2010
Number of Branches 153 6
Open Kotak Securities AccountOpen Bajaj Financial Account

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Kotak Securities Vs Bajaj Financial Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Bajaj Financial account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).

  Kotak Securities Bajaj Financial
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 899 per year
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 199 (Free for 1st year)

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Kotak Securities Vs Bajaj Financial Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type Kotak Securities Trade Free Plan Bajaj Financial Freedom Plan
Fixed Charges Rs 431 per year
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 20 per order
Equity Intraday Free Rs 20 per order
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 20 per order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free
Currency Options Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.

Kotak Securities Vs Bajaj Financial Brokerage Plan 2

  Kotak Securities Bajaj Financial
Account Type Dealer Assisted Plan Professional Pack
Fixed Charges Rs 499 (One Time) Rs 2500 per year
Equity Delivery 0.39% Rs 10 per order
Equity Intraday 0.039% Rs 10 per order
Equity Futures 0.039% Rs 10 per order
Equity Options Rs 39 per lot Rs 10 per order
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 AccountOpen Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Brokerage Plan 3

  Kotak Securities Bajaj Financial
Account Type Trade Free Plan Bajaj Privilege Club
Fixed Charges Rs 9999 per year
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 5 per order
Equity Intraday Free Rs 5 per order
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 5 per order
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 5 per order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free
Currency Options Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Open Kotak Securities AccountOpen Bajaj Financial Account

Kotak Securities Charges Vs Bajaj Financial

Minimum Brokerage Rs 21 per executed order Rs 5 per executed order
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 50 per call Rs 20 per trade

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Kotak Securities Vs Bajaj Financial Leverage (Margin)

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

  Kotak Securities Bajaj Financial
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 Bajaj Financial Account

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Compare Kotak Securities and Bajaj Financial Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  Kotak Securities Bajaj Financial
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes No
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 BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features 3-in-1 account
Open Kotak Securities AccountOpen Bajaj Financial Account

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Kotak Securities Vs Bajaj Financial Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews.

  Kotak Securities Bajaj Financial
  198 Customer Reviews    Rate Kotak Securities 15 Customer Reviews    Rate Bajaj Financial
Fees 2.4 2.7
Brokerage 2.3 3.2
Trading Platform 3.2 2.9
Customer Service 2.8 2.6
Research Capabilities 2.7 2.0
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 Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Bajaj Financial Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.

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Kotak Securities Vs Bajaj Financial Investment Options

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

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Kotak Securities Vs Bajaj Financial Order Type Offered

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

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Kotak Securities Vs Bajaj Financial Research Report

  Kotak Securities Bajaj Financial
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Kotak Securities Vs Bajaj Financial Suitable For Investor Type

  Kotak Securities Bajaj Financial
Casual Investor Yes
Active Investor Yes
Trader Yes

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Kotak Securities Vs Bajaj Financial - Pros and Cons

  Kotak Securities Bajaj Financial
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.
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.
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

Bajaj Financial Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee)
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee)
  • Rs 0 Demat AMC

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.

Open Kotak Securities AccountOpen Bajaj Financial Account

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