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 Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO.
YSL offers a 3-in-1 account wherein a bank savings a...
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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.
| Kotak Neo | Yes Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 1994 | 2013 |
| Number of Branches | 153 | 52 |
| Open Kotak Neo Account |
Kotak Neo trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. Kotak Neo Demat Account AMC Charges is Rs 600 and Yes Securities Demat Account AMC Charges is Rs 500.
| Kotak Neo | Yes Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 999 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 500 |
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 Yes Securities brokerage charges for equity is 0.45% and Intraday is 0.05%(both Sides).
| Account Type | Kotak Neo Trade Free Plan | Yes Securities INVEST Value Plan |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% (free for the first 30 days) | 0.45% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05%(both Sides) |
| Equity Futures | Rs 10 per order | 0.05% | Intraday - 0.02% |
| Equity Options | Rs 10 per order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 10 per order | 0.05% | Intraday - 0.02% |
| Currency Options | Rs 10 per order | Rs 75 per lot | Intraday - Rs 25 per lot |
| 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 | Yes Securities | |
|---|---|---|
| Account Type | Trade Free Youth | INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover) |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | 0.40% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.04% |
| Equity Futures | Rs 10 per order | 0.04% | Intraday - 0.02% |
| Equity Options | Rs 10 per order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 10 per order | 0.04% | Intraday - 0.02% |
| Currency Options | Rs 10 per order | Rs 70 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | Rs 10 per order | NA |
| Commodity Options | Rs 10 per order | NA |
| Open Kotak Neo Account |
| Kotak Neo | Yes Securities | |
|---|---|---|
| Account Type | Trade Free Pro | INVEST Value Plan |
| Fixed Charges | Rs 249 | |
| Equity Delivery | 0.10% (free for the first 30 days) | 0.45% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05%(both Sides) |
| Equity Futures | Rs 10 per order | 0.05% | Intraday - 0.02% |
| Equity Options | Rs 10 per order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Currency Futures | Rs 10 per order | 0.05% | Intraday - 0.02% |
| Currency Options | Rs 10 per order | Rs 75 per lot | Intraday - Rs 25 per lot |
| Commodity Futures | Rs 10 per order | NA |
| Commodity Options | Rs 10 per order | NA |
| Open Kotak Neo Account |
| Minimum Brokerage | Rs 25 or 2.5% of Trade Value whichever is lower | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Additional Rs 25 per executed order |
| 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 Yes Securities margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Kotak Neo | Yes Securities | |
|---|---|---|
| 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. Yes Securities offers YesInvest (Website), Yes Trader (Mobile App) trading software.
| Kotak Neo | Yes Securities | |
|---|---|---|
| 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 | YesInvest (Website), Yes Trader (Mobile App) |
| Intraday Square-off Time | 3:20 P.M | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Neo Account |
Kotak Neo is rated of 5 based on 202 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.
| Kotak Neo | Yes Securities | |
|---|---|---|
202 Customer Reviews  | 5 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 | Yes Securities is Rated 2.2 / 5 based on 5 customer reviews |
| Kotak Neo | Yes Securities | |
|---|---|---|
| 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 | Yes Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Neo | Yes Securities | |
|---|---|---|
| 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 | Yes Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Neo | Yes Securities | |
|---|---|---|
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| 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
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| Open Kotak Neo Account |
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