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 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... ![]()
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 Neo | m.Stock | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2022 |
| Number of Branches | 153 | 0 |
| Open Kotak Neo Account |
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 Neo | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 219 per quarter (Quarterly operating charges) |
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 Type | Kotak Neo Trade Free Plan | m.Stock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% (free for the first 30 days) | Rs 0 (Free) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 5 per executed orders |
| Equity Futures | Rs 10 per order | Rs 5 per executed orders |
| Equity Options | Rs 10 per order | Rs 5 per executed orders |
| Currency Futures | Rs 10 per order | Rs 5 |
| Currency Options | Rs 10 per order | Rs 5 |
| Commodity Futures | Rs 10 per order | NA |
| Commodity Options | Rs 10 per order | NA |
| 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 | m.Stock | |
|---|---|---|
| Account Type | Trade Free Youth | |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | Rs 0 (Free) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 5 per executed orders |
| Equity Futures | Rs 10 per order | Rs 5 per executed orders |
| Equity Options | Rs 10 per order | Rs 5 per executed orders |
| Currency Futures | Rs 10 per order | Rs 5 |
| Currency Options | Rs 10 per order | Rs 5 |
| Commodity Futures | Rs 10 per order | NA |
| Commodity Options | Rs 10 per order | NA |
| Open Kotak Neo Account |
| Kotak Neo | m.Stock | |
|---|---|---|
| Account Type | Trade Free Pro | |
| Fixed Charges | Rs 249 | |
| Equity Delivery | 0.10% (free for the first 30 days) | Rs 0 (Free) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 5 per executed orders |
| Equity Futures | Rs 10 per order | Rs 5 per executed orders |
| Equity Options | Rs 10 per order | Rs 5 per executed orders |
| Currency Futures | Rs 10 per order | Rs 5 |
| Currency Options | Rs 10 per order | Rs 5 |
| Commodity Futures | Rs 10 per order | NA |
| Commodity Options | Rs 10 per order | NA |
| Open Kotak Neo Account |
| Minimum Brokerage | ||
| Other Charges | Rs 5/order - MTF | |
| 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 m.Stock margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | m.Stock | |
|---|---|---|
| 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. m.Stock offers Mobile App & Web Platform trading software.
| Kotak Neo | m.Stock | |
|---|---|---|
| 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 App & Web Platform |
| Intraday Square-off Time | 3:20 P.M | |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | 3-in-1 account | Buyback Trading |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Kotak Neo | m.Stock | |
|---|---|---|
| 202 Customer Reviews | 3 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 | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| Kotak Neo | m.Stock | |
|---|---|---|
| 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 | m.Stock | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| Kotak Neo | m.Stock | |
|---|---|---|
| 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 | m.Stock | |
|---|---|---|
| Pros |
| |
| Cons |
| |
| 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
|
| Open Kotak Neo Account |