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)... 
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...
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 Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 Neo Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Kotak Neo account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Kotak Neo Demat Account AMC Charges is Rs 600.
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 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.
| Account Type | Indiabulls Securities Flat Fee Plan | Kotak Neo Trade Free Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.20% (free for the first 30 days) |
| 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: Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Special Offer: Trade smarter with Kotak Neo low-cost plans. |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 Neo Account |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| Account Type | Flat Fee Plan | Trade Free Pro |
| Fixed Charges | Rs 249 | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.10% (free for the first 30 days) |
| 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 Neo Account |
| Minimum Brokerage | Rs 11 | |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 49 + GST per executed order |
| Open Indiabulls Securities Account | Open Kotak Neo Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Neo margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 Neo Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Kotak Neo offers Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal trading software.
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal |
| Intraday Square-off Time | 3:15 PM | 3:20 P.M |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Indiabulls Securities Account | Open Kotak Neo Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Kotak Neo is rated of 5 based on 202 customer reviews.
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
50 Customer Reviews  | 202 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 Neo is Rated 2.4 / 5 based on 202 customer reviews |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| Contact Broker | Low-cost brokerage Trading at ₹11/order across segments (Intraday, Delivery, and F&O)| No account opening charges| Multiple Products| Research & advisory services. Open an instant account (FREE) | Trade smarter with Kotak Neo low-cost plans. |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| 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 Neo Account |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Indiabulls Securities | Kotak Neo | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special OfferTrade at flat, low brokerage with Indiabulls Securities
| 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 |
| Open Indiabulls Securities Account | Open Kotak Neo Account |
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