About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also... 
About Alice Blue
Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL.
Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India.
| Kotak Securities | Alice Blue | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 153 | 25 |
| Open Kotak Securities Account | Open Alice Blue Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and Alice Blue Demat Account AMC Charges is Rs 0.
| Kotak Securities | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 0 |
Kotak Securities Brokerage Charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and Intraday is Rs 20 per order or 0.05% whichever is lower.
| Account Type | Kotak Securities Trade Free Plan | Alice Blue Flat Rs 20 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Special Offer | Special Offer: Trade smarter with Kotak Securities 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 Securities | Alice Blue | |
|---|---|---|
| Account Type | Trade Free Youth | Flat Rs 20 |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Open Kotak Securities Account | Open Alice Blue Account |
| Kotak Securities | Alice Blue | |
|---|---|---|
| Account Type | Trade Free Pro | Flat Rs 20 |
| Fixed Charges | ||
| Equity Delivery | 0.10% | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per order |
| Commodity Futures | Rs 10 per order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per order |
| Open Kotak Securities Account | Open Alice Blue Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 per executed order |
| Open Kotak Securities Account | Open Alice Blue Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Securities | Alice Blue | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Kotak Securities Account | Open Alice Blue Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Alice Blue offers ANT, 1lyOption trading software.
| Kotak Securities | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | ANT, 1lyOption |
| Intraday Square-off Time | Equity: 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Smart Alice, Equity SIP |
| Open Kotak Securities Account | Open Alice Blue Account |
Kotak Securities is rated of 5 based on 202 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| Kotak Securities | Alice Blue | |
|---|---|---|
202 Customer Reviews  | 40 Customer Reviews | |
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| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| Kotak Securities | Alice Blue | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Securities 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 Securities | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Kotak Securities Account | Open Alice Blue Account |
| Kotak Securities | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Alice Blue | |
|---|---|---|
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| Promo / Offers | Kotak Securities Special OfferKotak Securities Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
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| Open Kotak Securities Account | Open Alice Blue Account |
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