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... 
About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutua...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 153 | 56 |
| Open Kotak Securities Account | Open AxisDirect Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 750 (free for 1st year) |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Kotak Securities Trade Free Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Special Offer | Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Account Type | Trade Free Youth | Standard Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Open Kotak Securities Account | Open AxisDirect Account |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Account Type | Trade Free Pro | Standard Brokerage Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.10% | 0.50% (Each Leg) |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.05% (Each Leg) |
| Equity Futures | Rs 10 per order | 0.05% (Each Leg) |
| Equity Options | Rs 10 per order | Rs 20 Per Order |
| Currency Futures | Rs 10 per order | 0.03% (Each Leg) |
| Currency Options | Rs 10 per order | Rs 20 Per Order |
| Commodity Futures | Rs 10 per order | 0.03% (Each Leg) |
| Commodity Options | Rs 10 per order | Rs 50 per lot |
| Open Kotak Securities Account | Open AxisDirect Account |
| Minimum Brokerage | Rs 25 per trade | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per call (First 20 calls free for a month) |
| Open Kotak Securities Account | Open AxisDirect Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| 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 Securities Account | Open AxisDirect Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:15 | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Securities Account | Open AxisDirect Account |
Kotak Securities is rated of 5 based on 202 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Ā | 202 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Stock / Equity | | |
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| IPO | | |
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| Bond / NCD | | |
| Debt | | |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Kotak Securities Account | Open AxisDirect Account |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
| Casual Investor | | |
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| Trader | | |
| Ā | Kotak Securities | AxisDirect |
|---|---|---|
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| Promo / Offers | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | AxisDirect Special OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open Kotak Securities Account | Open AxisDirect Account |
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