Compare Articles Reports Glossary Complaints

Kotak Securities Vs SBI Securities (Compare Kotak Securities and SBI Securities)

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 ...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...

SBI Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Kotak Securities Vs SBI Securities

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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

	Kotak Securities	SBI Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	1994	2001
Number of Branches	153	117
	Open Kotak Securities Account

Kotak Securities Vs SBI Securities Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Kotak Securities Demat Account AMC Charges is Rs 600 and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).

	Kotak Securities	SBI Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 850
Trading Account AMC Charges	Rs 0
Demat Account Opening Charges	Rs 0 (Free)
Demat Account AMC Charges	Rs 600	Rs 750 (Free for 1st Year)

Kotak Securities Vs SBI Securities Brokerage

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

Account Type	Kotak Securities Trade Free Plan	SBI Securities
Fixed Charges
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	Rs 100 per lot (sell and buy side)
Currency Futures	Delivery: Rs 20 per trade \| Intraday: Free	0.03%
Currency Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 30 per lot
Commodity Futures	Delivery: Rs 20 per trade \| Intraday: Free	0.05%
Commodity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 100 (sell and buy side)
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 SBI Securities Brokerage Plan 2

	Kotak Securities	SBI Securities
Account Type	Dealer Assisted Plan
Fixed Charges	Rs 499 (One Time)
Equity Delivery	0.39%	0.50%
Equity Intraday	0.039%	0.05%
Equity Futures	0.039%	0.05%
Equity Options	Rs 39 per lot	Rs 100 per lot (sell and buy side)
Currency Futures	Rs 9 per lot	0.03%
Currency Options	Rs 5 per lot	Rs 30 per lot
Commodity Futures	0.039%	0.05%
Commodity Options	Rs 39 per lot	Rs 100 (sell and buy side)
	Open Kotak Securities Account

Kotak Securities Charges Vs SBI Securities

Minimum Brokerage	Rs 21 per executed order	Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges	Rs 50 per call	Rs 10 per call (after 30 free calls a month)

Kotak Securities Vs SBI Securities 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 SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

	Kotak Securities	SBI Securities
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 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
	Open Kotak Securities Account

Kotak Securities Vs SBI Securities Leverage (Margin)

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

	Kotak Securities	SBI Securities
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

Compare Kotak Securities and SBI Securities Features

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

	Kotak Securities	SBI Securities
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	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time		2:45 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account
	Open Kotak Securities Account

Kotak Securities Vs SBI Securities Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.

	Kotak Securities	SBI Securities
	198 Customer Reviews	163 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 198 customer reviews	SBI Securities is rated 2.5 of 5 based on 163 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities Enquire	SBI Securities 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.

Kotak Securities Vs SBI Securities Investment Options

	Kotak Securities	SBI Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs SBI Securities Order Type Offered

	Kotak Securities	SBI Securities
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

Kotak Securities Vs SBI Securities Research Report

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

Kotak Securities Vs SBI Securities Suitable For Investor Type

	Kotak Securities	SBI Securities
Casual Investor
Active Investor
Trader

Kotak Securities Vs SBI Securities - Pros and Cons

	Kotak Securities	SBI Securities
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.	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.
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.	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.
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 Kotak Securities	Compare SBI Securities
Kotak Securities Vs mStock Kotak Securities Vs Zerodha Kotak Securities Vs ICICIdirect Kotak Securities Vs HDFC Securities Kotak Securities Vs Sharekhan Kotak Securities Vs AxisDirect Kotak Securities Vs Angel One Kotak Securities Vs Motilal Oswal Kotak Securities Vs Groww Kotak Securities Vs Geojit Kotak Securities Vs Nuvama (Edelweiss) Kotak Securities Vs 5paisa Kotak Securities Vs Upstox Kotak Securities Vs Anand Rathi Kotak Securities Vs Aditya Birla Money Kotak Securities Vs SAMCO Kotak Securities Vs Tradingo Kotak Securities Vs TradeSmart Kotak Securities Vs SAS Online Kotak Securities Vs Alice Blue Kotak Securities Vs Fyers Kotak Securities Vs Prostocks Kotak Securities Vs Bajaj Financial Kotak Securities Vs BlinkX Kotak Securities Vs Yes Securities Kotak Securities Vs Paytm Money Kotak Securities Vs Dhan	SBI Securities Vs mStock SBI Securities Vs Zerodha SBI Securities Vs ICICIdirect SBI Securities Vs HDFC Securities SBI Securities Vs Sharekhan SBI Securities Vs AxisDirect SBI Securities Vs Angel One SBI Securities Vs Motilal Oswal SBI Securities Vs Groww SBI Securities Vs Geojit SBI Securities Vs Nuvama (Edelweiss) SBI Securities Vs 5paisa SBI Securities Vs Upstox SBI Securities Vs Anand Rathi SBI Securities Vs Aditya Birla Money SBI Securities Vs SAMCO SBI Securities Vs Tradingo SBI Securities Vs TradeSmart SBI Securities Vs SAS Online SBI Securities Vs Alice Blue SBI Securities Vs Fyers SBI Securities Vs Prostocks SBI Securities Vs Bajaj Financial SBI Securities Vs BlinkX SBI Securities Vs Yes Securities SBI Securities Vs Paytm Money SBI Securities Vs Dhan

Compare Kotak Securities

Compare SBI Securities

Open Kotak Securities Account