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Kotak Securities Vs Anand Rathi NRI Account Comparison

The side-by-side comparison of Kotak Securities and Anand Rathi NRI Account. Compare Kotak Securities Vs Anand Rathi NRI Account brokerage charges, exposure margin, demat account and AMC. Read Anand Rathi and Kotak Securities NRI Account reviews.

Find out Kotak Securities Vs Anand Rathi which is better NRI Trading Account. See Kotak Securities Vs Anand Rathi which is best NRI Demat Account.

Our Kotak Securities Ltd comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Kotak Securities and Anand Rathi NRI Account.

Kotak Securities Vs Anand Rathi

 Kotak SecuritiesAnand Rathi
 
 Kotak Securities LogoAnand Rathi Logo
About the BrokerKotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun...Know more about Kotak Securities LtdAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand Rathi
Account TypeNRI AccountNRI Account
Special Offer
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 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.


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Kotak Securities Vs Anand Rathi Charges

 Kotak SecuritiesAnand Rathi
NRI Account Opening Fees₹3750Rs 0
NRI Account AMC₹0Rs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 600450 + GST 18% = 532 (1st year free)
PIS Account AMC₹1000NA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Kotak Securities Vs Anand Rathi NRI Account Brokerage Comparison

Account TypeKotak Securities NRI AccountAnand Rathi NRI Account
Equity Delivery1.00%0.30%
Equity Futures1.00%0.03%
Equity Options1.00%Rs 50 per lot
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Other Charges

Contract Note Reporting Charges₹0NA
Other Brokerage ChargesAverage Quarterly Balance: ₹10000Demat AMC: Rs 450 per year
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%
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Kotak Securities Vs Anand Rathi NRI Account Taxes/Fees

 Kotak SecuritiesAnand Rathi
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Kotak Securities Vs Anand Rathi NRI Account Margin

 Kotak Securities MarginAnand Rathi Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Kotak Securities and Anand Rathi NRI Account Features

 Kotak SecuritiesAnand Rathi
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Kotak Securities Vs Anand Rathi NRI Account Review

 Kotak Securities ReviewAnand Rathi Review
 200 Customer Reviews    Rate Kotak Securities18 Customer Reviews    Rate Anand Rathi
FeesRated 2.4 starsRated 3.1 stars
BrokerageRated 2.3 starsRated 3.2 stars
Trading PlatformRated 3.2 starsRated 3.0 stars
Customer ServiceRated 2.8 starsRated 3.2 stars
Overall RatingRated 2.4 starsRated 2.9 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 200 customer reviewsAnand Rathi is Rated 2.9 / 5 based on 18 customer reviews
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Contact Broker / Request A Call Back

 Kotak Securities EnquireKotak Securities Enquire
Contact Broker
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 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 Anand Rathi NRI Investment Options

 Kotak SecuritiesAnand Rathi
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

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Kotak Securities Vs Anand Rathi NRI Customer Service

 Kotak SecuritiesAnand Rathi
Customer Care Number022 6689 6000, 022 6652 91910291 666 1001
Customer Care Emailnricustomerservice@kotak.comnridesk@rathi.com
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Kotak Securities Vs Anand Rathi Order Type Offered for NRI Account

 Kotak SecuritiesAnand Rathi
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

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Kotak Securities Vs Anand Rathi - NRI Account Advantages and Disadvantages

 Kotak SecuritiesAnand Rathi
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
Cons
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
Conclusion

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

Promo / Offers

Kotak SecuritiesSpecial Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Rs 10 Intraday trades (Equity and F&O).
  • Flat Rs. 10 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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