Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of Mirae Asset Sharekhan and Kotak Securities NRI Account. Compare Mirae Asset Sharekhan Vs Kotak Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Kotak Securities and Mirae Asset Sharekhan NRI Account reviews.
Find out Mirae Asset Sharekhan Vs Kotak Securities which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Kotak Securities which is best NRI Demat Account.
Our Mirae Asset Sharekhan comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Kotak Securities NRI Account.
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
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| About the Broker | Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves... | 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... |
| Account Type | Mirae Asset Sharekhan NRI Account | NRI Account |
| Special Offer | 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. | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹2000 | ₹3750 |
| NRI Account AMC | ₹3000 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 400 (Free for 1st year) | Rs 600 |
| PIS Account AMC | ₹1000 | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Securities Account |
| Account Type | Mirae Asset Sharekhan Mirae Asset Sharekhan NRI Account | Kotak Securities NRI Account |
|---|---|---|
| Equity Delivery | 0.50% | 1.00% |
| Equity Futures | 0.1% on first leg and 0.02% on second leg | 1.00% |
| Equity Options | ₹250 per contract note | 1.00% |
| Open Kotak Securities Account |
| Contract Note Reporting Charges | ₹0 | |
| Other Brokerage Charges | PIS Acct AMC: ₹1000 | 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% |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| Mirae Asset Sharekhan Margin | Kotak Securities 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. | ||
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | Call & Trade, Dedicated Relationship Manager, Branch Support | |
| Open Kotak Securities Account |
| Mirae Asset Sharekhan Review | Kotak Securities Review | |
|---|---|---|
316 Customer Reviews  | 200 Customer Reviews | |
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| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews |
| Open Kotak Securities Account |
| Mirae Asset Sharekhan Enquire | Mirae Asset Sharekhan Enquire | |
|---|---|---|
| Contact Broker | 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. | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | PMS, Wealth Management |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| Customer Care Number | +91 022 6518500 | 022 6689 6000, 022 6652 9191 |
| Customer Care Email | nridesk@miraeassetsharekhan.com | nricustomerservice@kotak.com |
| Open Kotak Securities Account |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | Kotak Securities | |
|---|---|---|
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Conclusion | Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings. | 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. |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Kotak SecuritiesSpecial OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
| Open Kotak Securities Account |
Open Kotak Securities Account