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Kotak Securities Vs Alice Blue NRI Account Comparison

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

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

Our Kotak Securities Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Kotak Securities and Alice Blue NRI Account.

Kotak Securities Vs Alice Blue

 Kotak SecuritiesAlice Blue
 
 Kotak Securities LogoAlice Blue 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 LtdAlice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca...Know more about Alice Blue Financial Services
Account TypeNRI AccountNA
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: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Kotak Securities Vs Alice Blue Charges

 Kotak SecuritiesAlice Blue
NRI Account Opening Fees₹3750NA
NRI Account AMC₹0NA
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 600Rs 400
PIS Account AMC₹1000NA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue NRI Account Brokerage Comparison

Account TypeKotak Securities NRI AccountAlice Blue NA
Equity Delivery1.00%NA
Equity Futures1.00%NA
Equity Options1.00%NA
Open Kotak Securities AccountOpen Alice Blue Account

Other Charges

Contract Note Reporting Charges₹0NA
Other Brokerage ChargesAverage Quarterly Balance: ₹10000NA
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 Alice Blue NRI Account Taxes/Fees

 Kotak SecuritiesAlice Blue
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 Alice Blue NRI Account Margin

 Kotak Securities MarginAlice Blue 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 Alice Blue NRI Account Features

 Kotak SecuritiesAlice Blue
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue NRI Account Review

 Kotak Securities ReviewAlice Blue Review
 200 Customer Reviews    Rate Kotak Securities40 Customer Reviews    Rate Alice Blue
FeesRated 2.4 starsRated 3.7 stars
BrokerageRated 2.3 starsRated 3.7 stars
Trading PlatformRated 3.2 starsRated 3.3 stars
Customer ServiceRated 2.8 starsRated 2.9 stars
Overall RatingRated 2.4 starsRated 3.1 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 200 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews
Open Kotak Securities AccountOpen Alice Blue Account

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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
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
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Kotak Securities Vs Alice Blue NRI Investment Options

 Kotak SecuritiesAlice Blue
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

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Kotak Securities Vs Alice Blue NRI Customer Service

 Kotak SecuritiesAlice Blue
Customer Care Number022 6689 6000, 022 6652 9191
Customer Care Emailnricustomerservice@kotak.com
Open Kotak Securities AccountOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Order Type Offered for NRI Account

 Kotak SecuritiesAlice Blue
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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Kotak Securities Vs Alice Blue - NRI Account Advantages and Disadvantages

 Kotak SecuritiesAlice Blue
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.
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.
  • Alice Blue does not offer NRI trading and demat account.
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.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

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

Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Kotak Securities AccountOpen Alice Blue Account