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Kotak Securities Vs Yes Securities NRI Account Comparison

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

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

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

Kotak Securities Vs Yes Securities

 Kotak SecuritiesYes Securities
 
 Kotak Securities LogoYes Securities 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 LtdYes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic...Know more about Yes Securities Limited
Account TypeNRI AccountNRI Investment 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 Yes Securities Charges

 Kotak SecuritiesYes Securities
NRI Account Opening Fees₹3750
NRI Account AMC₹0₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 600Rs 500
PIS Account AMC₹1000₹500
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Kotak Securities Vs Yes Securities NRI Account Brokerage Comparison

Account TypeKotak Securities NRI AccountYes Securities NRI Investment Account
Equity Delivery1.00%
Equity Futures1.00%₹100 per contact
Equity Options1.00%₹100 per contact
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Other Charges

Contract Note Reporting Charges₹0₹100 per contact note
Other Brokerage ChargesAverage 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%
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Kotak Securities Vs Yes Securities NRI Account Taxes/Fees

 Kotak SecuritiesYes Securities
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 Yes Securities NRI Account Margin

 Kotak Securities MarginYes Securities 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 Yes Securities NRI Account Features

 Kotak SecuritiesYes Securities
3-in-1 AccountYesYes
Automated TradingNoNo
Free Research And TipsYesYes
Other Features
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Kotak Securities Vs Yes Securities NRI Account Review

 Kotak Securities ReviewYes Securities Review
 200 Customer Reviews    Rate Kotak Securities5 Customer Reviews    Rate Yes Securities
FeesRated 2.4 starsRated 3.2 stars
BrokerageRated 2.3 starsRated 2.2 stars
Trading PlatformRated 3.2 starsRated 2.6 stars
Customer ServiceRated 2.8 starsRated 2.4 stars
Overall RatingRated 2.4 starsRated 2.2 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 200 customer reviewsYes Securities is Rated 2.2 / 5 based on 5 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 Yes Securities NRI Investment Options

 Kotak SecuritiesYes Securities
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

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Kotak Securities Vs Yes Securities NRI Customer Service

 Kotak SecuritiesYes Securities
Customer Care Number022 6689 6000, 022 6652 9191+91 22 7112 3123
Customer Care Emailnricustomerservice@kotak.comcustomer.service@ysil.in
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Kotak Securities Vs Yes Securities Order Type Offered for NRI Account

 Kotak SecuritiesYes Securities
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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Kotak Securities Vs Yes Securities - NRI Account Advantages and Disadvantages

 Kotak SecuritiesYes Securities
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.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
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 higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
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.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

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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