Free Account Opening + AMC Free Demat
Loading...

Kotak Securities Vs mStock (Compare Kotak Securities and mStock)

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

Mirae Asset Capital Markets Logo

About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds. One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m... Know more about Mirae Asset Capital Markets

Expand

Kotak Securities Vs mStock

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 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

  Kotak Securities mStock
Type of Broker Full Service Broker Discount
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2022
Number of Branches 153 0
Open Kotak Securities Account

Expand

Kotak Securities Vs mStock Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while mStock account opening changes is Rs 999 (One TIme Cost). Kotak Securities Demat Account AMC Charges is Rs 600 and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).

  Kotak Securities mStock
Trading Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Trading Account AMC Charges Rs 0 Annual Rs. 480 + GST (To be recovered on a Quarter
Demat Account Opening Charges Rs 0 (Free) Rs 999 (One TIme Cost)
Demat Account AMC Charges Rs 600 Annual Rs. 480 + GST (To be recovered on a Quarterly basis)

Expand

Kotak Securities Vs mStock Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type Kotak Securities Trade Free Plan mStock Lifetime Zero Brokerage Plan
Fixed Charges Rs 999 (One Time Payment)
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 0 (Free)
Equity Intraday Free Rs 0 (Free)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 0 (Free)
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free NA
Commodity Options Delivery: Rs 20 per trade | Intraday: Free NA
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 mStock Brokerage Plan 2

  Kotak Securities mStock
Account Type Dealer Assisted Plan Rs 0 Plan
Fixed Charges Rs 499 (One Time) NA
Equity Delivery 0.39% Rs 0 (Free)
Equity Intraday 0.039% Rs.20 per Executed Order/0.3%of the turnover value
Equity Futures 0.039% Rs 20 as per executer order
Equity Options Rs 39 per lot Rs 20 as per executer order
Currency Futures Rs 9 per lot Rs 20 as per executer order
Currency Options Rs 5 per lot Rs 20 as per executer order
Commodity Futures 0.039% NA
Commodity Options Rs 39 per lot NA
Open Kotak Securities Account

Kotak Securities Charges Vs mStock

Minimum Brokerage Rs 21 per executed order
Other Charges Rs 20/order - MTF
Call & Trade Charges Rs 50 per call Rs 0 (Free)

Expand

Kotak Securities Vs mStock 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 mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).

  Kotak Securities mStock
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 322 per Cr (0.00322%) | 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 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 188 per Cr (0.00188%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 4950 per Cr (0.0495%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 9 per Cr (0.00009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 35 per Cr (0.00035%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
Open Kotak Securities Account

Expand

Kotak Securities Vs mStock Leverage (Margin)

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

  Kotak Securities mStock
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 Account

Expand

Compare Kotak Securities and mStock Features

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

  Kotak Securities mStock
3 in 1 Account Yes No
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 Mobile App & Web Platform
Intraday Square-off Time
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features 3-in-1 account Buyback Trading
Open Kotak Securities Account

Expand

Kotak Securities Vs mStock Review

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

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

Expand

Contact Broker / Request A Call Back

  Kotak Securities Enquire mStock 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.

Expand

Kotak Securities Vs mStock Investment Options

  Kotak Securities mStock
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Pay Later (MTF), Pledge Shares

Expand

Kotak Securities Vs mStock Order Type Offered

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

Expand

Kotak Securities Vs mStock Research Report

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

Expand

Kotak Securities Vs mStock Suitable For Investor Type

  Kotak Securities mStock
Casual Investor Yes
Active Investor Yes
Trader

Expand

Kotak Securities Vs mStock - Pros and Cons

  Kotak Securities mStock
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

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.

Open Instant Demat Account Read Reviews
Open Kotak Securities Account

Comments

Add a public comment...

Compare More Brokers: