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Flat ₹10 per Trade in Intraday & F&O
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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 provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o... 
About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to create wealth, and Dhan is committed to providing these options.
Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL as well as NSE, BSE and MCX stock exchanges. Dhan offers a variety of products including Stocks, ETFs, Options, Futures and Commoditi...
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 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Kotak Securities | Dhan | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2021 |
| Number of Branches | 153 | 1 |
| Open Kotak Securities Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).
| Kotak Securities | Dhan | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | ₹0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | ₹0 (Lifetime Zero AMC) |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.
| Account Type | Kotak Securities Trade Free Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | 0.20% | Rs. 0 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.03% of trade value |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Special Offer | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | 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. |
| Kotak Securities | Dhan | |
|---|---|---|
| Account Type | Trade Free Youth | Flat Rate Plan |
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | Rs 0 | Rs. 0 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.03% of trade value |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account |
| Kotak Securities | Dhan | |
|---|---|---|
| Account Type | Trade Free Pro | Flat Rate Plan |
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | 0.10% | Rs. 0 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.03% of trade value |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 or 0.03% of trade value, whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 per order |
| Open Kotak Securities Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Dhan | |
|---|---|---|
| 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 |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| Kotak Securities | Dhan | |
|---|---|---|
| 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 | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | 3:20 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | APIs for Algo Trading, smallcases on Dhan |
| Open Kotak Securities Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Dhan is rated of 5 based on 29 customer reviews.
| Kotak Securities | Dhan | |
|---|---|---|
200 Customer Reviews  | 29 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews | Dhan is Rated 3.1 / 5 based on 29 customer reviews |
| Kotak Securities | Dhan | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | 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 | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Dhan | |
|---|---|---|
| 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 |
| Kotak Securities | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Dhan | |
|---|---|---|
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| Promo / Offers | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Kotak Securities Account |
Open Kotak Securities Account