The side-by-side comparison of Kotak Securities and AxisDirect NRI Account. Compare Kotak Securities Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Kotak Securities NRI Account reviews.
Find out Kotak Securities Vs AxisDirect which is better NRI Trading Account. See Kotak Securities Vs AxisDirect which is best NRI Demat Account.
Our Kotak Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Kotak Securities and AxisDirect NRI Account.
| Kotak Securities | AxisDirect | |
|---|---|---|
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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... | Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account.
Axis Bank has 10 international branch offices across the w... |
| Account Type | NRI Account | NRI Account |
| Special Offer | Special Offer: Trade smarter with Kotak Securities low-cost plans. | Special Offer: ₹0 Account Opening - with Axis Direct!
Options – ₹20 per trade ⏱ 5 min | 100% Online | Paperless |
| Kotak Securities | AxisDirect | |
|---|---|---|
| NRI Account Opening Fees | ₹3750 | ₹2500 |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 600 | Rs 750 (free for 1st year) |
| PIS Account AMC | ₹1000 | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Securities Account | Open AxisDirect Account |
| Account Type | Kotak Securities NRI Account | AxisDirect NRI Account |
|---|---|---|
| Equity Delivery | 1.00% | 0.75% |
| Equity Futures | 1.00% | 0.05% |
| Equity Options | 1.00% | Intraday: 1p per lot, Carry Forward: ₹10 per lot |
| Open Kotak Securities Account | Open AxisDirect Account |
| Kotak Securities | AxisDirect | |
|---|---|---|
| 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 | AxisDirect 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 | AxisDirect | |
|---|---|---|
| 3-in-1 Account | ||
| Automated Trading | ||
| Free Research And Tips | ||
| Other Features | ||
| Open Kotak Securities Account | Open AxisDirect Account |
| Kotak Securities Review | AxisDirect Review | |
|---|---|---|
| 202 Customer Reviews | 89 Customer Reviews | |
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| Overall Rating | ||
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Open Kotak Securities Account | Open AxisDirect Account |
| Kotak Securities Enquire | Kotak Securities Enquire | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Securities low-cost plans. | ₹0 Account Opening - with Axis Direct!
Options – ₹20 per trade ⏱ 5 min | 100% Online | Paperless |
| Kotak Securities | AxisDirect | |
|---|---|---|
| Customer Care Number | 022 6689 6000, 022 6652 9191 | +91 22 4257 0809 |
| Customer Care Email | nricustomerservice@kotak.com | |
| Open Kotak Securities Account | Open AxisDirect Account |
| Kotak Securities | AxisDirect | |
|---|---|---|
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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. | AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance. |
| 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 | AxisDirectSpecial OfferWhy Choose Axis Direct
Open your instant Axis Direct account online and start trading today. |
| Open Kotak Securities Account | Open AxisDirect Account |