Compare Zerodha vs Kotak Securities Brokerage Charges
Kotak Securities Ltd is Broking venture of Kotak Mahindra Bank. Kotak Securities founded in 1994 with aim to provide stock broking service and distribution financial product.
Pro:
- 1200 + Branch + Franchisees Network in Pan India
- 12 lacs + Client base
- 3-in 1 account
- Margin Funding for delivery Product
- Dedicated Relationship Manager
- All Financial Product in one umbrella
Cons:
- Higher Brokerage Charges 0.03% for intraday and 0.30% for delivery
- Mid level Trading software
- Higher Funding charges
Also Read – Kotak Securities Review
Zerodha is pioneer discount broking concept in India. In 2010 Mr. Nithin Kamath lunched Zerodha – Discount Brokerage company with aim to provide worldclass technical software with lowest brokerage rate
Pro:
- Zero Delivery Brokerage
- Flat Rs 20 or 0.01% whichever is lower Brokerage for Intraday ( cash + FNO , Commodity , Currency Segment )
- Zerodha Kite – Pi , next level professional trading platform which provide more than 100 in build indicator as well algo ready software
- Scanner ,Backtesting and much more available for trader and investor
- Zerodha Varsity – Knowledge HUB for new bees to professional trader.
- SmallCase – Theme base investment option where you can be your own MF fund manager
- Zerodha Coin – Free online direct mutual fund investment option
Cons:
- No Relationship Manager appoint to you
- No Trading tips or research paper provided by Broker
Compare Brokerage charges between Zerodha vs Kotak Securities
Compare right stock broker which suits your requirements its very tough task our comparison between Zerodha vs Kotak Securities help you to find which Broker best for you.
Best Broker Comparison – Zerodha vs Kotak Securities
Perticular | Zerodha | Kotak Securities |
Incororation Year | 2010 | 1994 |
Exchange | NSE,BSE,MCX-SX & MCX | NSE,BSE,MCX-SX ,MCX & NCDEX |
Active Clients Jan – 19 | 847016 | 409619 |
Account Opening | ||
Trading Account Opening Fee | ₹ 200 | ₹ 750 |
Brokerage Account AMC | ₹ 0 | ₹ 0 |
Demat Account Opening Fee | ₹ 100 | ₹ 0 |
Demat Account AMC * | ₹ 300 | ₹ 600 |
Brokerage | ||
Monthly Fee | NA | NA |
Equity Delivery | ₹0 (Zero) | 0.10 – 0.50% |
Equity Intraday | ₹0.01% to maximum Rs 20 Per Order | 0.01 – 0.05% |
Equity Future | ₹20 per order | 0.01 – 0.05% |
Equity Options | ₹20 per order | ₹20 – 100 per lot |
Currency Futures | ₹20 per order | 0.01 – 0.03% |
Currency Options | ₹20 per order | ₹7 – 20 per lot |
Commodity | ₹20 per order | 0.01 – 0.03% |
Turnover Charges | ||
Equity Delivery | ₹325 per crore | NSE ₹325 |
Equity Intraday | ₹325 per crore | NSE ₹325 |
Equity Future * | ₹210 per crore | NSE ₹400 |
Equity Options * | ₹5300 per crore | NSE ₹5950 |
Currency Futures * | ₹135 per crore | NSE ₹190 |
Currency Options | ₹4400 per crore | NSE ₹5000 |
Commodity | MCX ₹270/Cr | MCX ₹450/Cr |
Other Charges | ||
Minimum Brokerage | ₹N/A | 4 Paisa per Share |
Call & Trade | ₹20 per executed order | ₹20 per executed order |
Stamp Duty * | Charges as per the state of residence | Charges as per the state of residence |
DP Charges (on sell side) | ₹13.5 per scrip | 0.04% on transaction value (min 200) |
Charting | ||
Intraday | 365 Days | 5 Days |
EOD | 10 yr | 5 year |
Coding | YES | NO |
Indicator | YES | YES |
Research & Tips | NO | YES |
Margin | ||
Equity Intraday | up to 20 times | up to 15 times |
Equity Delivery | CASH AND CARRY | up to 3 times with interest |
Future | up to 7 times ( Intraday ) | up to 3 times ( Intraday ) |
Option | Shorting 7 times ( Intraday ) | Shorting 2 times ( Intraday ) |
Currency Future | 2 times intraday | 2 times intraday |
Currency Option | ||
Commodities | 3 times intraday | 2 times intraday |
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