The side-by-side comparison of Kotak Neo and Alice Blue NRI Account. Compare Kotak Neo Vs Alice Blue NRI Account brokerage charges, exposure margin, demat account and AMC. Read Alice Blue and Kotak Neo NRI Account reviews.
Find out Kotak Neo Vs Alice Blue which is better NRI Trading Account. See Kotak Neo Vs Alice Blue which is best NRI Demat Account.
Our Kotak Neo comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Kotak Neo and Alice Blue NRI Account.
| Kotak Neo | Alice Blue | |
|---|---|---|
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| About the Broker | Kotak Neo 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 Neo NRI account (NRI 3-in-1 account) combine... | Alice 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... |
| Account Type | NRI Account | NA |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Kotak Neo | Alice Blue | |
|---|---|---|
| NRI Account Opening Fees | ₹3750 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 600 | Rs 0 |
| PIS Account AMC | ₹1000 | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Neo Account | Open Alice Blue Account |
| Account Type | Kotak Neo NRI Account | Alice Blue NA |
|---|---|---|
| Equity Delivery | 1.00% | NA |
| Equity Futures | 1.00% | NA |
| Equity Options | 1.00% | NA |
| Open Kotak Neo Account | Open Alice Blue Account |
| Contract Note Reporting Charges | ₹0 | NA |
| Other Brokerage Charges | Average Quarterly Balance: ₹10000 | NA |
| 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 Neo | Alice Blue | |
|---|---|---|
| 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. |
| Kotak Neo Margin | Alice Blue 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 Neo | Alice Blue | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Kotak Neo Account | Open Alice Blue Account |
| Kotak Neo Review | Alice Blue Review | |
|---|---|---|
202 Customer Reviews  | 40 Customer Reviews | |
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| Trading Platform |  |  |
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| Overall Rating | |  |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Open Kotak Neo Account | Open Alice Blue Account |
| Kotak Neo Enquire | Kotak Neo Enquire | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Customer Care Number | 022 6689 6000, 022 6652 9191 | |
| Customer Care Email | nricustomerservice@kotak.com | |
| Open Kotak Neo Account | Open Alice Blue Account |
| Kotak Neo | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Kotak Neo | Alice Blue | |
|---|---|---|
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Conclusion | Kotak Neo is a full-service broker. It offers convenient stock trading and investment to NRIs through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Neo brokerage charges are on the higher side. Kotak Neo 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 NeoSpecial OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Alice BlueSpecial OfferExperience transparent pricing with no hidden fees at Alice Blue
|
| Open Kotak Neo Account | Open Alice Blue Account |
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