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Kotak Securities Vs Zerodha (Compare Kotak Securities and Zerodha)

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 ...

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About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde...

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

Kotak Securities Vs Zerodha

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, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Kotak Securities	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1994	2010
Number of Branches	153	22
	Open Kotak Securities Account	Open Zerodha Account

Kotak Securities Vs Zerodha Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and Zerodha Demat Account AMC Charges is Rs 300.

	Kotak Securities	Zerodha
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 600	Rs 300

Kotak Securities Vs Zerodha Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	Kotak Securities Trade Free Plan	Zerodha Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.25% (Minimum Rs 20 per trade)	Rs 0 (Free)
Equity Intraday	Free	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Equity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Currency Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Currency Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Commodity Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Special Offer	Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now	Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Kotak Securities Vs Zerodha Brokerage Plan 2

	Kotak Securities	Zerodha
Account Type	Dealer Assisted Plan	Flat Brokerage Plan
Fixed Charges	Rs 499 (One Time)
Equity Delivery	0.39%	Rs 0 (Free)
Equity Intraday	0.039%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.039%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 39 per lot	Rs 20 per executed order
Currency Futures	Rs 9 per lot	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 5 per lot	Rs 20 per executed order
Commodity Futures	0.039%	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 39 per lot	Rs 20 per executed order
	Open Kotak Securities Account	Open Zerodha Account

Kotak Securities Charges Vs Zerodha

Minimum Brokerage	Rs 21 per executed order	0.03% in Intraday and F&O
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per call	Rs 50 per executed order

Kotak Securities Vs Zerodha 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 Zerodha exchange transaction charges for options is NSE Rs 3503 per Cr (0.03503%) | BSE Rs 500 per Cr (0.005%) (on premium).

	Kotak Securities	Zerodha
Equity Delivery	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 297 per Cr (0.00297%) \| 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 297 per Cr (0.00297%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	NSE Rs 173 per Cr (0.00173%) \| BSE Rs 0
Equity Options	NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)	NSE Rs 3503 per Cr (0.03503%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures	NSE Rs 95 per Cr (0.00095%) \| BSE Rs 22 per Cr (0.00022%)	NSE Rs 35 per Cr (0.00035%) \| BSE Rs 45 per Cr (0.00045%)
Currency Options	NSE Rs 3700 per Cr (0.037%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 3110 per Cr (0.0311%) \| 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	Group A - Rs 260 per Cr (0.0026%)
	Open Kotak Securities Account	Open Zerodha Account

Kotak Securities Vs Zerodha Leverage (Margin)

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

	Kotak Securities	Zerodha
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	Open Zerodha Account

Compare Kotak Securities and Zerodha Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Kotak Securities	Zerodha
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	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time		Eq Cash: 3:15 PM \| Eq F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account	Direct Mutual Funds, APIs for Algo Trading
	Open Kotak Securities Account	Open Zerodha Account

Kotak Securities Vs Zerodha Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Zerodha is rated 3.7 of 5 based on 486 customer reviews.

	Kotak Securities	Zerodha
	198 Customer Reviews	486 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	Zerodha is rated 3.7 of 5 based on 486 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities Enquire	Zerodha Enquire
Contact Broker	Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now	Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Kotak Securities Vs Zerodha Investment Options

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

Kotak Securities Vs Zerodha Order Type Offered

	Kotak Securities	Zerodha
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	Open Zerodha Account

Kotak Securities Vs Zerodha Research Report

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

Kotak Securities Vs Zerodha Suitable For Investor Type

	Kotak Securities	Zerodha
Casual Investor
Active Investor
Trader

Kotak Securities Vs Zerodha - Pros and Cons

	Kotak Securities	Zerodha
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.	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is 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.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
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 Special Offer Free stock trading and mutual funds Free account opening for all people. Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + + Trade with the best trading platform in India. This is a limited time offer. Open an instant Zerodha account online and start trading today.
	Open Kotak Securities Account	Open Zerodha Account

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