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 Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio man...
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, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX, & NCDEX |
| Year of Incorporation | 1994 | 1994 |
| Number of Branches | 153 | 1200 |
| Open Kotak Neo Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Anand Rathi account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | 450 + GST 18% = 532 (1st year free) |
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 Anand Rathi brokerage charges for equity is 0.20% and Intraday is 0.02%.
| Account Type | Kotak Neo Trade Free Plan | Anand Rathi Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% (free for the first 30 days) | 0.20% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.02% |
| Equity Futures | Rs 10 per order | 0.02% |
| Equity Options | Rs 10 per order | Rs 50 per lot |
| Currency Futures | Rs 10 per order | 0.02% |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.02% |
| Commodity Options | Rs 10 per order | Rs 100 per lot |
| 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 | Anand Rathi | |
|---|---|---|
| Account Type | Trade Free Youth | Standard Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.20% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.02% |
| Equity Futures | Rs 10 per order | 0.02% |
| Equity Options | Rs 10 per order | Rs 50 per lot |
| Currency Futures | Rs 10 per order | 0.02% |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.02% |
| Commodity Options | Rs 10 per order | Rs 100 per lot |
| Open Kotak Neo Account |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Account Type | Trade Free Pro | Standard Plan |
| Fixed Charges | Rs 249 | NA |
| Equity Delivery | 0.10% (free for the first 30 days) | 0.20% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.02% |
| Equity Futures | Rs 10 per order | 0.02% |
| Equity Options | Rs 10 per order | Rs 50 per lot |
| Currency Futures | Rs 10 per order | 0.02% |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.02% |
| Commodity Options | Rs 10 per order | Rs 100 per lot |
| Open Kotak Neo Account |
| Minimum Brokerage | Rs 25 | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 0 (Free) |
| 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 Anand Rathi margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | Anand Rathi | |
|---|---|---|
| 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. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
| Kotak Neo | Anand Rathi | |
|---|---|---|
| 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 | TradeMobi, Trade Xpress+ and Tr@de X’pro |
| Intraday Square-off Time | 3:20 P.M | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.
| Kotak Neo | Anand Rathi | |
|---|---|---|
202 Customer Reviews  | 18 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
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| Research Capabilities |  |  |
| Overall Rating | |  |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| 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 | Anand Rathi | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| 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 | Anand Rathi | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Anand Rathi | |
|---|---|---|
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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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