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 | Fyers | |
|---|---|---|
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| 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 ac... | 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: Trade smarter with Kotak Securities low-cost plans. | Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments |
| 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 |
| 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 |
| 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 | Fyers | |
|---|---|---|
| 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 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 | Fyers | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Kotak Securities Account | Open Fyers Account |
| Kotak Securities Review | Fyers Review | |
|---|---|---|
202 Customer Reviews  | 39 Customer Reviews | |
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| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | Fyers is Rated 2.9 / 5 based on 39 customer reviews |
| Open Kotak Securities Account | Open Fyers Account |
| Kotak Securities Enquire | Kotak Securities Enquire | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Securities low-cost plans. | ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments |
| Kotak Securities | Fyers | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| 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 | Fyers | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Kotak Securities | Fyers | |
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Conclusion | Kotak Securities 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 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 OfferKotak Securities Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | FyersSpecial OfferFYERS Trade Smart. Pay Less
This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today. |
| Open Kotak Securities Account | Open Fyers Account |
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