About Kotak Neo
Incorporated in 1994, Kotak Neo 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 d... 
About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securitie...
Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 1994 |
| Number of Branches | 153 | 800 |
| Open Kotak Neo Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Aditya Birla Money account opening changes is Rs 750. Kotak Neo Demat Account AMC Charges is Rs 600 and Aditya Birla Money Demat Account AMC Charges is Rs 436.
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 750 |
| Trading Account AMC Charges | Rs 0 | Nil |
| Demat Account Opening Charges | Rs 0 (Free) | Nil |
| Demat Account AMC Charges | Rs 600 | Rs 436 |
Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Aditya Birla Money brokerage charges for equity is 20 and Intraday is 20.
| Account Type | Kotak Neo Trade Free Plan | Aditya Birla Money Trade20 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% (free for the first 30 days) | 20 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 20 |
| Equity Futures | Rs 10 per order | 20 |
| Equity Options | Rs 10 per order | 20 |
| Currency Futures | Rs 10 per order | 20 |
| Currency Options | Rs 10 per order | 20 |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | 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 Neo | Aditya Birla Money | |
|---|---|---|
| Account Type | Trade Free Youth | Trade15 (Subscription Rs 999) |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | 15 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 15 |
| Equity Futures | Rs 10 per order | 15 |
| Equity Options | Rs 10 per order | 15 |
| Currency Futures | Rs 10 per order | 15 |
| Currency Options | Rs 10 per order | 15 |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Neo Account |
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Account Type | Trade Free Pro | Trade10 (Subscription Rs 2499) |
| Fixed Charges | Rs 249 | |
| Equity Delivery | 0.10% (free for the first 30 days) | 10 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 10 |
| Equity Futures | Rs 10 per order | 10 |
| Equity Options | Rs 10 per order | 10 |
| Currency Futures | Rs 10 per order | 10 |
| Currency Options | Rs 10 per order | 10 |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Neo Account |
| Minimum Brokerage | Rs 20 per executed order | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Nil |
| Open Kotak Neo Account |
Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| 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 Neo Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal | Etrade, Advanced web, Mobile invest |
| Intraday Square-off Time | 3:20 P.M | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Insurance and Pension scheme available |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Aditya Birla Money is rated of 5 based on 30 customer reviews.
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
202 Customer Reviews  | 30 Customer Reviews | |
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| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | |  |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews |
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | 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 Neo | Aditya Birla Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Kotak Neo Account |
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Aditya Birla Money | |
|---|---|---|
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| Reviews | ||
| Promo / Offers | Kotak Neo Special OfferKotak Neo Trade Free Plan Open 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 Neo Account |
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