Kotak Neo Vs Share.Market (Compare Kotak Neo and Share.Market)

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 Share.Market

Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets. PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea... Know more about Share.Market

Kotak Neo Vs Share.Market

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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 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.

 Kotak NeoShare.Market
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE
Year of Incorporation19942023
Number of Branches1530
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Kotak Neo Vs Share.Market Charges & AMC

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Kotak Neo trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Kotak Neo Demat Account AMC Charges is Rs 600 and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).

 Kotak NeoShare.Market
Trading Account Opening ChargesRs 0 (Free)Rs 0 (free)
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (free)
Demat Account AMC ChargesRs 600Rs 180 (free for 1st year)

Kotak Neo Vs Share.Market 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 Share.Market brokerage charges for equity is Rs 0 (Free) and Intraday is Rs 0 (Free).

Account TypeKotak Neo Trade Free PlanShare.Market ZERO brokerage till 31st Mar 2025
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 0 (Free)
Equity FuturesRs 10 per orderRs 0 (Free)
Equity OptionsRs 10 per orderRs 0 (Free)
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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 Share.Market Brokerage Plan 2

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 Kotak NeoShare.Market
Account TypeTrade Free YouthDefault Plan
Fixed Charges
Equity DeliveryRs 0Rs 20 per executed order or 0.05% whichever is low
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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Kotak Neo Vs Share.Market Brokerage Plan 3

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 Kotak NeoShare.Market
Account TypeTrade Free ProZERO brokerage till 31st Mar 2025
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 0 (Free)
Equity FuturesRs 10 per orderRs 0 (Free)
Equity OptionsRs 10 per orderRs 0 (Free)
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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Kotak Neo Charges Vs Share.Market

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Minimum Brokerage
Other Charges
Call & Trade ChargesRs 49 + GST per executed order
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Kotak Neo Vs Share.Market 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 Share.Market margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 Kotak NeoShare.Market
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 Share.Market Features

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The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Share.Market offers Share.Market website and mobile app trading software.

 Kotak NeoShare.Market
3 in 1 AccountYesNo
Automated TradingYesNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading PlatformKotak Neo Trading App, Kotak Neo Web, Nest Trading TerminalShare.Market website and mobile app
Intraday Square-off Time3:20 P.M3:10 PM
Trading In SME Shares Allowed?YesYes
Referral ProgramNoNo
Other Features3-in-1 account
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Kotak Neo Vs Share.Market Review

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Kotak Neo is rated of 5 based on 202 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.

 Kotak NeoShare.Market
 202 Customer Reviews    Rate Kotak Neo3 Customer Reviews    Rate Share.Market
FeesRated 2.4 starsRated 3.3 stars
BrokerageRated 2.3 starsRated 4.3 stars
Trading PlatformRated 3.2 starsRated 4.0 stars
Customer ServiceRated 2.8 starsRated 3.7 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 reviewsShare.Market is Rated 3.7 / 5 based on 3 customer reviews

Contact Broker / Request A Call Back

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 Kotak NeoShare.Market
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 Share.Market Investment Options

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

Kotak Neo Vs Share.Market Order Type Offered

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Kotak Neo Vs Share.Market Suitable For Investor Type

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 Kotak NeoShare.Market
Casual InvestorYesNo
Active InvestorYesYes
TraderNoYes

Kotak Neo Vs Share.Market - Pros and Cons

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 Kotak NeoShare.Market
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.
  • No platform fees: For in-house and third-party WealthBaskets
  • Low cost: WealthBaskets are available at low cost and align with specific themes, sectors, or market trends
  • Investment products: Buy stocks, mutual funds, exchange-traded funds (ETFs), and WealthBaskets
  • Research: Quantitative research-based WealthBaskets and off-the-shelf quant research-led offerings
  • Tracking: Track the stock market, indices, stocks, and sectors with a dedicated market section
  • DIY tools and an intuitive watchlist tracker
  • Experience: Execution experience and a customer-first approach
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.
  • Delivery Trading: Not free.
  • NRI trading is not available.
  • Commodity and Currency Trading: Not available.
  • Trading Features: Share.Market does not offer advanced features such as trading from charts, basket orders, or GTT (Good-Til-Cancelled) orders.
  • There is no call & trade facility.
  • New platform: As a relatively new provider, Share.Market's platform may have fewer features than more established brokers.
  • Limited range of mutual funds: ShareMarket may only offer a subset of the mutual funds available in India.
  • Better apps: Some say it's better to use apps specialising in mutual funds, such as Zerodha, Grow and Upstock. You can also use your bank's app to invest in mutual funds, but most offer regular plans.
  • PhonePe charges commissions of up to 1% on regular plans, which are deducted when you withdraw money. Other apps like Zerodha and Groww offer direct plans that don't charge commissions.
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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Side-by-Side Comparison of Broker

Kotak Neo-vs-Share.Market - Broker Comparison