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Kotak Securities Vs Yes Securities (Compare Kotak Securities and Yes Securities)

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

Yes Securities Limited Logo

About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h... Know more about Yes Securities Limited

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Kotak Securities Vs Yes 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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

  Kotak Securities Yes Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE
Year of Incorporation 1994 2013
Number of Branches 153 52
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Kotak Securities Vs Yes Securities Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. Kotak Securities Demat Account AMC Charges is Rs 600 and Yes Securities Demat Account AMC Charges is Rs 500.

  Kotak Securities Yes Securities
Trading Account Opening Charges Rs 0 (Free) Rs 999
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 500

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Kotak Securities Vs Yes Securities Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

Account Type Kotak Securities Trade Free Plan Yes Securities INVEST Value Plan
Fixed Charges
Equity Delivery 0.25% (Minimum Rs 20 per trade) 0.45%
Equity Intraday Free 0.05%(both Sides)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free 0.05% | Intraday - 0.02%
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 75 per lot | Intraday - Rs 25 per lot
Currency Futures Delivery: Rs 20 per trade | Intraday: Free 0.05% | Intraday - 0.02%
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 75 per lot | Intraday - Rs 25 per lot
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 Yes Securities Brokerage Plan 2

  Kotak Securities Yes Securities
Account Type Dealer Assisted Plan INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% 0.40%
Equity Intraday 0.039% 0.04%
Equity Futures 0.039% 0.04% | Intraday - 0.02%
Equity Options Rs 39 per lot Rs 70 per lot | Intraday - Rs 25 per lot
Currency Futures Rs 9 per lot 0.04% | Intraday - 0.02%
Currency Options Rs 5 per lot Rs 70 per lot | Intraday - Rs 25 per lot
Commodity Futures 0.039% NA
Commodity Options Rs 39 per lot NA
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Kotak Securities Charges Vs Yes Securities

Minimum Brokerage Rs 21 per executed order Rs 25 or 2.5% of Trade Value whichever is lower
Other Charges
Call & Trade Charges Rs 50 per call Additional Rs 25 per executed order

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

  Kotak Securities Yes 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)
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Compare Kotak Securities and Yes Securities Features

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

  Kotak Securities Yes Securities
3 in 1 Account Yes Yes
Charting Yes No
Automated Trading Yes No
SMS Alerts Yes No
Online Demo Yes No
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 YesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
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Kotak Securities Vs Yes Securities Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Yes Securities is rated 2.2 of 5 based on 5 customer reviews.

  Kotak Securities Yes Securities
  198 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate Yes Securities
Fees 2.4 3.2
Brokerage 2.3 2.2
Trading Platform 3.2 2.6
Customer Service 2.8 2.4
Research Capabilities 2.7 3.0
Overall Ratings Rated 2.4 stars Rated 2.2 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 198 customer reviews Yes Securities is rated 2.2 of 5 based on 5 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Yes 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.

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Kotak Securities Vs Yes Securities Investment Options

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

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Kotak Securities Vs Yes Securities Order Type Offered

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

  Kotak Securities Yes Securities
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 Yes Securities Suitable For Investor Type

  Kotak Securities Yes Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

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Kotak Securities Vs Yes Securities - Pros and Cons

  Kotak Securities Yes 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.
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
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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