5paisa-vs-Kotak Securities - Broker Comparison

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa offers three subscription plans; Regular Account Pack...

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About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd 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 direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one o...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs

5paisa Vs Kotak Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.

	5paisa	Kotak Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	1996	1994
Number of Branches	1	153
	Open 5paisa Account	Open Kotak Securities Account

5paisa Vs Kotak Securities Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Kotak Securities Demat Account AMC Charges is Rs 600.

	5paisa	Kotak Securities
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 300	Rs 600

5paisa Vs Kotak Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower.

Account Type	5paisa Regular Account Plan	Kotak Securities Trade Free Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	0.20%
Equity Intraday	Rs 20 per executed order	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 20 per executed order	Rs 10 per order
Equity Options	Rs 20 per executed order	Rs 10 per order
Currency Futures	Rs 20 per executed order	Rs 10 per order
Currency Options	Rs 20 per executed order	Rs 10 per order
Commodity Futures	Rs 20 per executed order	Rs 10 per order
Commodity Options	Rs 20 per executed order	Rs 10 per order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

5paisa Vs Kotak Securities Brokerage Plan 2

	5paisa	Kotak Securities
Account Type	Power Investor Pack	Trade Free Youth
Fixed Charges	Rs 599 per month
Equity Delivery	Rs 10 per executed order	Rs 0
Equity Intraday	Rs 10 per executed order	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 10 per executed order	Rs 10 per order
Equity Options	Rs 10 per executed order	Rs 10 per order
Currency Futures	Rs 10 per executed order	Rs 10 per order
Currency Options	Rs 10 per executed order	Rs 10 per order
Commodity Futures	Rs 10 per executed order	Rs 10 per order
Commodity Options	Rs 10 per executed order	Rs 10 per order
	Open 5paisa Account	Open Kotak Securities Account

5paisa Vs Kotak Securities Brokerage Plan 3

	5paisa	Kotak Securities
Account Type	Ultra Trader Pack	Trade Free Pro
Fixed Charges	Rs 1199 per month
Equity Delivery	Rs 10 per executed order	0.10%
Equity Intraday	Rs 10 per executed order	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 10 per executed order	Rs 10 per order
Equity Options	Rs 10 per executed order	Rs 10 per order
Currency Futures	Rs 10 per executed order	Rs 10 per order
Currency Options	Rs 10 per executed order	Rs 10 per order
Commodity Futures	Rs 10 per executed order	Rs 10 per order
Commodity Options	Rs 10 per executed order	Rs 10 per order
	Open 5paisa Account	Open Kotak Securities Account

5paisa Charges Vs Kotak Securities

Minimum Brokerage	Rs 20 per trade
Other Charges
Call & Trade Charges	Additional ₹20 per order + GST	Rs 49 + GST per executed order
	Open 5paisa Account	Open Kotak Securities Account

5paisa Vs Kotak Securities Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	5paisa	Kotak 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 5paisa Account	Open Kotak Securities Account

Compare 5paisa and Kotak Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	5paisa	Kotak Securities
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		3-in-1 account
	Open 5paisa Account	Open Kotak Securities Account

5paisa Vs Kotak Securities Review

5paisa is rated of 5 based on 97 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.

	5paisa	Kotak Securities
	97 Customer Reviews	200 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	5paisa is Rated 2.6 / 5 based on 97 customer reviews	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews

Contact Broker / Request A Call Back

	5paisa	Kotak Securities
Contact Broker	FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

5paisa Vs Kotak Securities Investment Options

	5paisa	Kotak Securities
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

5paisa Vs Kotak Securities Order Type Offered

	5paisa	Kotak Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Open Kotak Securities Account

5paisa Vs Kotak Securities Suitable For Investor Type

	5paisa	Kotak Securities
Casual Investor
Active Investor
Trader

5paisa Vs Kotak Securities - Pros and Cons

	5paisa	Kotak Securities
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Kotak Securities 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	Margin funding is given to the customers without notice. These cases cause major confusion, and customers pay hefty interest charges. Call & Trade is available at an additional Rs 20 per order + GST. Research & advisory services are not available in Optimum Plan. 5Paisa doesn't offer NRI Trading services. Doesn't offer 3-in-1 account.	High Equity delivery brokerage charges. High demat AMC changes. Kotak Securities 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	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Kotak Securities Special Offer Kotak Securities 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 Interested in opening a trading account? Open Instant Account Now
	Open 5paisa Account	Open Kotak Securities Account

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5paisa Vs Geojit	Kotak Securities Vs Geojit
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5paisa Vs Jainam Broking	Kotak Securities Vs Jainam Broking
5paisa Vs m.Stock	Kotak Securities Vs m.Stock
5paisa Vs Mirae Asset Sharekhan	Kotak Securities Vs Mirae Asset Sharekhan
5paisa Vs Monarch Networth	Kotak Securities Vs Monarch Networth
5paisa Vs Motilal Oswal	Kotak Securities Vs Motilal Oswal
5paisa Vs Nuvama (Edelweiss)	Kotak Securities Vs Nuvama (Edelweiss)
5paisa Vs Paytm Money	Kotak Securities Vs Paytm Money
5paisa Vs Prostocks	Kotak Securities Vs Prostocks
5paisa Vs Sahi	Kotak Securities Vs Sahi
5paisa Vs SAMCO	Kotak Securities Vs SAMCO
5paisa Vs SAS Online	Kotak Securities Vs SAS Online
5paisa Vs SBI Securities	Kotak Securities Vs SBI Securities
5paisa Vs Share.Market	Kotak Securities Vs Share.Market
5paisa Vs TradeSmart	Kotak Securities Vs TradeSmart
5paisa Vs Tradingo	Kotak Securities Vs Tradingo
5paisa Vs Upstox	Kotak Securities Vs Upstox
5paisa Vs Yes Securities	Kotak Securities Vs Yes Securities
5paisa Vs Zerodha	Kotak Securities Vs Zerodha