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 Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new...
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 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India.
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 1994 | 2010 |
| Number of Branches | 153 | 47 |
| Open Kotak Neo Account | Open Bajaj Broking Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Bajaj Broking account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and Bajaj Broking Demat Account AMC Charges is Rs 0 (Free).
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| 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 | Rs 0 (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 Bajaj Broking brokerage charges for equity is Rs.20 per order and Intraday is Rs 20 per order.
| Account Type | Kotak Neo Trade Free Plan | Bajaj Broking Freedom Plan |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | |
| Equity Delivery | 0.20% (free for the first 30 days) | Rs.20 per order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order |
| Equity Futures | Rs 10 per order | Rs 20 per order |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Account Type | Trade Free Youth | Professional Pack |
| Fixed Charges | Rs 2500 per year | |
| Equity Delivery | Rs 0 | Rs.10 per order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 10 per order |
| Equity Futures | Rs 10 per order | Rs 10 per order |
| Equity Options | Rs 10 per order | Rs 10 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Neo Account | Open Bajaj Broking Account |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Account Type | Trade Free Pro | Signature Pack |
| Fixed Charges | Rs 249 | Free for 1st year | Rs.431/year thereafter |
| Equity Delivery | 0.10% (free for the first 30 days) | 0.2% on Delivery |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order |
| Equity Futures | Rs 10 per order | Rs 20 per order |
| Equity Options | Rs 10 per order | Rs 20 per order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Neo Account | Open Bajaj Broking Account |
| Minimum Brokerage | ||
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per trade |
| Open Kotak Neo Account | Open Bajaj Broking Account |
Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Broking margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| 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 | Open Bajaj Broking Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Bajaj Broking offers Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform trading software.
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| 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 | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform |
| 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 | Open Bajaj Broking Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Bajaj Broking is rated of 5 based on 17 customer reviews.
| Kotak Neo | Bajaj Broking | |
|---|---|---|
202 Customer Reviews  | 17 Customer Reviews | |
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| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| 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 | Open Bajaj Broking Account |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Bajaj Broking | |
|---|---|---|
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| 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 | Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. |
| Open Kotak Neo Account | Open Bajaj Broking Account |
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