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Kotak Securities Vs Fyers NRI Account Comparison

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

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

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

Kotak Securities Vs Fyers

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

About the Broker	Kotak 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...	Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines. It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d...
Account Type	NRI Account	NRI Account
Special Offer	Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Kotak Securities Vs Fyers Charges

	Kotak Securities	Fyers
NRI Account Opening Fees	₹3750	Free
NRI Account AMC	₹0	Free
NRI Demat Account Opening Fees	Rs 0 (Free)	Rs 0 (Free)
NRI Demat Account AMC	Rs 600	Rs 0 (Free AMC for Lifetime)
PIS Account AMC	₹1000	NA
RBI approval for PIS (One time)	₹500 + GST	₹500 + GST
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers NRI Account Brokerage Comparison

Account Type	Kotak Securities NRI Account	Fyers NRI Account
Equity Delivery	1.00%	₹50 and 0.5% for other services
Equity Futures	1.00%	₹50 per traded order
Equity Options	1.00%	₹50 per traded order
	Open Kotak Securities Account	Open Fyers Account

Other Charges

Contract Note Reporting Charges	₹0	NA
Other Brokerage Charges	Average Quarterly Balance: ₹10000
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%

Kotak Securities Vs Fyers NRI Account Taxes/Fees

	Kotak Securities	Fyers
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 Charges	Check Exchange Transaction Fee
SEBI Charges	0.00005% (₹5/Crore)	0.00005% (₹5/Crore)
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	0.01% 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.

Kotak Securities Vs Fyers NRI Account Margin

	Kotak Securities Margin	Fyers Margin
Equity Delivery	1x	1x
Equity Futures	1x	1x
Equity Options	1x	1x
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.

Kotak Securities and Fyers NRI Account Features

	Kotak Securities	Fyers
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers NRI Account Review

	Kotak Securities Review	Fyers Review
	200 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews	Fyers is Rated 2.9 / 5 based on 37 customer reviews
	Open Kotak Securities Account	Open Fyers Account

Contact Broker / Request A Call Back

	Kotak Securities Enquire	Kotak 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 (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Kotak Securities Vs Fyers NRI Investment Options

	Kotak Securities	Fyers
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options

Kotak Securities Vs Fyers NRI Customer Service

	Kotak Securities	Fyers
Customer Care Number	022 6689 6000, 022 6652 9191	080-45699999
Customer Care Email	nricustomerservice@kotak.com	support@fyers.in
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers Order Type Offered for NRI Account

	Kotak Securities	Fyers
Bracket Order
Cover Order
After Market Order (AMO)
Good Till Cancelled (GTC)

Kotak Securities Vs Fyers - NRI Account Advantages and Disadvantages

	Kotak Securities	Fyers
Pros	Offers integrated 3-in-1 Trinity account for fast and smooth trading experience. Part of the reputed Kotak group Branch offices in New York, London, Dubai, Singapore, and Mauritius. AMO and GTC order types make it easy for NRIs to place orders at any time. A dedicated research team for expert advice and recommendations Offers a range of advanced online trading platforms and tools. Offers online mutual fund, IPO and NCD investment facility.	Free online account opening and AMC charges Free equity delivery trading. No brokerage for cash & carry trades. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade. No hidden charges. Very transparent fees/charges. In-house build trading platform offers flexibility to implement new features/services quickly. All trading software is available for free of charge. Fyers NRI account holders get access to research reports and economic calendar Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons	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.	Fyers NRI account holders are not allowed to invest in currency derivatives.
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.	Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.
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	FyersSpecial Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
	Open Kotak Securities Account	Open Fyers Account

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