About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App an... 
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 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 2800 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.
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2000 | 1994 |
| Number of Branches | 2800 | 153 |
| Open Kotak Neo Account |
Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Kotak Neo account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Kotak Neo Demat Account AMC Charges is Rs 600.
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 600 |
Mirae Asset Sharekhan Brokerage Charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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 | Mirae Asset Sharekhan Classic Account | Kotak Neo Trade Free Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | 0.20% (free for the first 30 days) |
| Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.02% per transaction value | Rs 10 per order |
| Equity Options | Rs 39 per lot | Rs 10 per order |
| Currency Futures | 0.02% per transaction value | Rs 10 per order |
| Currency Options | Rs 5 per lot | Rs 10 per order |
| Commodity Futures | 0.10% (one side) | Rs 10 per order |
| Commodity Options | 1% on premium or ₹150, whichever is higher | Rs 10 per order |
| Special Offer | 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. | Special Offer: Trade smarter with Kotak Neo low-cost plans. |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Account Type | Prepaid - Rs 1 Lakh | Trade Free Youth |
| Fixed Charges | Rs 1,00,000 per year | |
| Equity Delivery | 0.10% | Rs 0 |
| Equity Intraday | 0.015% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.015% | Rs 10 per order |
| Equity Options | 0.05% or Rs 63 per lot | Rs 10 per order |
| Currency Futures | 0.02% per transaction value | Rs 10 per order |
| Currency Options | Rs 5 per lot | Rs 10 per order |
| Commodity Futures | 0.10% (one side) | Rs 10 per order |
| Commodity Options | 1% on premium or ₹150, whichever is higher | Rs 10 per order |
| Open Kotak Neo Account |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Account Type | Margin - Rs 1 Lakh | Trade Free Pro |
| Fixed Charges | Rs 1,00,000 margin | Rs 249 |
| Equity Delivery | 0.25% | 0.10% (free for the first 30 days) |
| Equity Intraday | 0.05% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.05% | Rs 10 per order |
| Equity Options | 1% or Rs 70 per lot | Rs 10 per order |
| Currency Futures | 0.02% per transaction value | Rs 10 per order |
| Currency Options | Rs 5 per lot | Rs 10 per order |
| Commodity Futures | 0.10% (one side) | Rs 10 per order |
| Commodity Options | 1% on premium or ₹150, whichever is higher | Rs 10 per order |
| Open Kotak Neo Account |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | |
| Other Charges | ||
| Call & Trade Charges | Rs 20 | Rs 49 + GST per executed order |
| Open Kotak Neo Account |
Mirae Asset Sharekhan 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.
| Mirae Asset Sharekhan | 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 Kotak Neo Account |
The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Kotak Neo offers Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal trading software.
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | TradeTiger, Sharekhan Mobile | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal |
| Intraday Square-off Time | 3:30 PM | 3:20 P.M |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Pattern finder, Class room training | 3-in-1 account |
| Open Kotak Neo Account |
Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Kotak Neo is rated of 5 based on 202 customer reviews.
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
316 Customer Reviews  | 202 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Contact Broker | 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. | Trade smarter with Kotak Neo low-cost plans. |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Mirae Asset Sharekhan | 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 Kotak Neo Account |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Mirae Asset Sharekhan | Kotak Neo | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 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 |
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