Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App).
ISL offers a wide range of financial and investment services tailored to meet the needs of individ... 
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...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2003 | 1994 |
| Number of Branches | 153 | |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Kotak Securities account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Kotak Securities Demat Account AMC Charges is Rs 600.
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 600 |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower.
| Account Type | Indiabulls Securities Flat Fee Plan | Kotak Securities Trade Free Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.20% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 11 per Executed order | Rs 10 per order |
| Equity Options | Rs 11 per Executed order | Rs 10 per order |
| Currency Futures | Rs 11 per Executed order | Rs 10 per order |
| Currency Options | Rs 11 per Executed order | Rs 10 per order |
| Commodity Futures | Rs 11 per Executed order | Rs 10 per order |
| Commodity Options | Rs 11 per Executed order | Rs 10 per order |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities and start trading today. | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Account Type | Flat Fee Plan | Trade Free Youth |
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | Rs 0 |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 11 per Executed order | Rs 10 per order |
| Equity Options | Rs 11 per Executed order | Rs 10 per order |
| Currency Futures | Rs 11 per Executed order | Rs 10 per order |
| Currency Options | Rs 11 per Executed order | Rs 10 per order |
| Commodity Futures | Rs 11 per Executed order | Rs 10 per order |
| Commodity Options | Rs 11 per Executed order | Rs 10 per order |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Account Type | Flat Fee Plan | Trade Free Pro |
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.10% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 11 per Executed order | Rs 10 per order |
| Equity Options | Rs 11 per Executed order | Rs 10 per order |
| Currency Futures | Rs 11 per Executed order | Rs 10 per order |
| Currency Options | Rs 11 per Executed order | Rs 10 per order |
| Commodity Futures | Rs 11 per Executed order | Rs 10 per order |
| Commodity Options | Rs 11 per Executed order | Rs 10 per order |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
| Minimum Brokerage | Rs 11 | |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 49 + GST per executed order |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| 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 Indiabulls Securities Account | Open Kotak Securities Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
50 Customer Reviews  | 200 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities | |  |
| Overall Rating | | |
| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities and start trading today. | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
| Casual Investor | | |
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| Trader | | |
| Indiabulls Securities | Kotak Securities | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | 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 |
| Open Indiabulls Securities Account | Open Kotak Securities Account |
Open Indiabulls Securities Account