Kotak Neo Vs m.Stock (Compare Kotak Neo and m.Stock)

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... Know more about Kotak Neo

About m.Stock

Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds. m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad... Know more about m.Stock

Kotak Neo Vs m.Stock

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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 2022, m.Stock is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

 Kotak Neom.Stock
Type of BrokerFull Service BrokerDiscount
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE, MCX
Year of Incorporation19942022
Number of Branches1530
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Kotak Neo Vs m.Stock Charges & AMC

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Kotak Neo trading account opening charges is Rs 0 (Free) while m.Stock account opening changes is Rs 0. Kotak Neo Demat Account AMC Charges is Rs 600 and m.Stock Demat Account AMC Charges is Rs 219 per quarter (Quarterly operating charges).

 Kotak Neom.Stock
Trading Account Opening ChargesRs 0 (Free)Rs 0
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 600Rs 219 per quarter (Quarterly operating charges)

Kotak Neo Vs m.Stock Brokerage

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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 m.Stock brokerage charges for equity is Rs 0 (Free) and Intraday is Rs 5 per executed orders.

Account TypeKotak Neo Trade Free Planm.Stock
Fixed Charges
Equity Delivery0.20% (free for the first 30 days)Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 5 per executed orders
Equity FuturesRs 10 per orderRs 5 per executed orders
Equity OptionsRs 10 per orderRs 5 per executed orders
Currency FuturesRs 10 per orderRs 5
Currency OptionsRs 10 per orderRs 5
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
Special Offer
Special Offer:

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

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 Vs m.Stock Brokerage Plan 2

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 Kotak Neom.Stock
Account TypeTrade Free Youth
Fixed Charges
Equity DeliveryRs 0Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 5 per executed orders
Equity FuturesRs 10 per orderRs 5 per executed orders
Equity OptionsRs 10 per orderRs 5 per executed orders
Currency FuturesRs 10 per orderRs 5
Currency OptionsRs 10 per orderRs 5
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
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Kotak Neo Vs m.Stock Brokerage Plan 3

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 Kotak Neom.Stock
Account TypeTrade Free Pro
Fixed ChargesRs 249
Equity Delivery0.10% (free for the first 30 days)Rs 0 (Free)
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 5 per executed orders
Equity FuturesRs 10 per orderRs 5 per executed orders
Equity OptionsRs 10 per orderRs 5 per executed orders
Currency FuturesRs 10 per orderRs 5
Currency OptionsRs 10 per orderRs 5
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
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Kotak Neo Charges Vs m.Stock

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Minimum Brokerage
Other ChargesRs 5/order - MTF
Call & Trade ChargesRs 49 + GST per executed orderRs 0 (Free)
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Kotak Neo Vs m.Stock Leverage (Margin)

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Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 Kotak Neom.Stock
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)
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Compare Kotak Neo and m.Stock Features

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The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. m.Stock offers Mobile App & Web Platform trading software.

 Kotak Neom.Stock
3 in 1 AccountYesNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformKotak Neo Trading App, Kotak Neo Web, Nest Trading TerminalMobile App & Web Platform
Intraday Square-off Time3:20 P.M
Trading In SME Shares Allowed?YesYes
Referral ProgramNoYes
Other Features3-in-1 accountBuyback Trading
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Kotak Neo Vs m.Stock Review

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Kotak Neo is rated of 5 based on 202 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.

 Kotak Neom.Stock
 202 Customer Reviews    Rate Kotak Neo3 Customer Reviews    Rate m.Stock
FeesRated 2.4 starsRated 4.3 stars
BrokerageRated 2.3 starsRated 4.7 stars
Trading PlatformRated 3.2 starsRated 3.3 stars
Customer ServiceRated 2.8 starsRated 3.0 stars
Research CapabilitiesRated 2.7 starsRated 2.7 stars
Overall RatingRated 2.4 starsRated 3.7 stars
Broker RatingKotak Neo is Rated 2.4 / 5 based on 202 customer reviewsm.Stock is Rated 3.7 / 5 based on 3 customer reviews

Contact Broker / Request A Call Back

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 Kotak Neom.Stock
Contact Broker

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

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 Vs m.Stock Investment Options

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 Kotak Neom.Stock
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesNo

Kotak Neo Vs m.Stock Order Type Offered

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Kotak Neo Vs m.Stock Suitable For Investor Type

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 Kotak Neom.Stock
Casual InvestorYesNo
Active InvestorYesYes
TraderNoYes

Kotak Neo Vs m.Stock - Pros and Cons

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 Kotak Neom.Stock
Pros
  • Kotak Neo is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes.
  • Kotak Neo website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years.
  • The account switching fees for existing clients is Rs 499.
  • Margin funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
Reviews
Promo / Offers

Kotak Neo Special Offer

Kotak Neo Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage – Rs 10 Intraday trades (Equity and F&O)
  • Flat Rs 10 per trade brokerage in F&O
  • Zero API charges with zero brokerage on API-routed trades
  • Margin Trading Facility (MTF) with interest starting from 0.041% per day

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

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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Kotak Neo-vs-m.Stock - Broker Comparison