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 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...
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 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
| Kotak Neo | 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 Neo Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and Dhan Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC).
| Kotak Neo | Dhan | |
|---|---|---|
| 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 (Lifetime Zero AMC) |
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 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 Neo Trade Free Plan | Dhan Flat Rate Plan |
|---|---|---|
| Fixed Charges | Rs 0 or Nill | |
| Equity Delivery | 0.20% (free for the first 30 days) | 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: 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 | 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 Neo Account |
| Kotak Neo | Dhan | |
|---|---|---|
| Account Type | Trade Free Pro | Flat Rate Plan |
| Fixed Charges | Rs 249 | Rs 0 or Nill |
| Equity Delivery | 0.10% (free for the first 30 days) | 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 Neo Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | 0.10% brokerage on Futures & Options contract value | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 per order |
| 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 Dhan margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | 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 Neo Account |
The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.
| Kotak Neo | Dhan | |
|---|---|---|
| 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 | Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API |
| Intraday Square-off Time | 3:20 P.M | 3:20 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program |  | |
| Other Features | 3-in-1 account | APIs for Algo Trading, smallcases on Dhan, ETFs, OFS and NFO |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Dhan is rated of 5 based on 32 customer reviews.
| Kotak Neo | Dhan | |
|---|---|---|
202 Customer Reviews  | 32 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Dhan is Rated 3.2 / 5 based on 32 customer reviews |
| Kotak Neo | Dhan | |
|---|---|---|
| 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 | Dhan | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | 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 Neo Account |
| Kotak Neo | Dhan | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Dhan | |
|---|---|---|
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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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