Kotak Securities Vs Bajaj Broking (Compare Kotak Securities and Bajaj Broking)

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... Know more about Kotak Securities

About Bajaj Broking

Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... Know more about Bajaj Broking

Kotak Securities Vs Bajaj Broking

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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 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India.

 Kotak SecuritiesBajaj Broking
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE
Year of Incorporation19942010
Number of Branches15347
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Vs Bajaj Broking Charges & AMC

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

 Kotak SecuritiesBajaj Broking
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 0 (Free)

Kotak Securities Vs Bajaj Broking Brokerage

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

Account TypeKotak Securities Trade Free PlanBajaj Broking Freedom Plan
Fixed ChargesFree for 1st year | Rs.431/year thereafter
Equity Delivery0.20%Rs.20 per order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per order
Equity FuturesRs 10 per orderRs 20 per order
Equity OptionsRs 10 per orderRs 20 per order
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
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: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.

Kotak Securities Vs Bajaj Broking Brokerage Plan 2

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 Kotak SecuritiesBajaj Broking
Account TypeTrade Free YouthProfessional Pack
Fixed ChargesRs 2500 per year
Equity DeliveryRs 0Rs.10 per order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 10 per order
Equity FuturesRs 10 per orderRs 10 per order
Equity OptionsRs 10 per orderRs 10 per order
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Vs Bajaj Broking Brokerage Plan 3

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 Kotak SecuritiesBajaj Broking
Account TypeTrade Free ProFreedom Plan
Fixed ChargesFree for 1st year | Rs.431/year thereafter
Equity Delivery0.10%Rs.20 per order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per order
Equity FuturesRs 10 per orderRs 20 per order
Equity OptionsRs 10 per orderRs 20 per order
Currency FuturesRs 10 per order
Currency OptionsRs 10 per order
Commodity FuturesRs 10 per order
Commodity OptionsRs 10 per order
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Charges Vs Bajaj Broking

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Minimum Brokerage
Other ChargesRMS Auto-Square off: Rs 20 per order
Call & Trade ChargesRs 49 + GST per executed orderRs 20 per trade
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Vs Bajaj Broking Leverage (Margin)

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

 Kotak SecuritiesBajaj Broking
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)
Open Kotak Securities AccountOpen Bajaj Broking Account

Compare Kotak Securities and Bajaj Broking Features

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The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Bajaj Broking offers Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform trading software.

 Kotak SecuritiesBajaj Broking
3 in 1 AccountYesNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformWebsite, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, XtraliteMobile Trading App, Trading Web, API Trading, and the TWS desktop platform
Intraday Square-off Time3:15 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoNo
Other Features3-in-1 account
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Vs Bajaj Broking Review

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Kotak Securities is rated of 5 based on 202 customer reviews whereas Bajaj Broking is rated of 5 based on 17 customer reviews.

 Kotak SecuritiesBajaj Broking
 202 Customer Reviews    Rate Kotak Securities17 Customer Reviews    Rate Bajaj Broking
FeesRated 2.4 starsRated 2.8 stars
BrokerageRated 2.3 starsRated 3.2 stars
Trading PlatformRated 3.2 starsRated 2.9 stars
Customer ServiceRated 2.8 starsRated 2.6 stars
Research CapabilitiesRated 2.7 starsRated 2.3 stars
Overall RatingRated 2.4 starsRated 3.1 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 202 customer reviewsBajaj Broking is Rated 3.1 / 5 based on 17 customer reviews

Contact Broker / Request A Call Back

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 Kotak SecuritiesBajaj Broking
Contact Broker
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account.

Kotak Securities Vs Bajaj Broking Investment Options

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 Kotak SecuritiesBajaj Broking
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Kotak Securities Vs Bajaj Broking Order Type Offered

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 Kotak SecuritiesBajaj Broking
Bracket OrderYesYes
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoYes
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesYes
Open Kotak Securities AccountOpen Bajaj Broking Account

Kotak Securities Vs Bajaj Broking Suitable For Investor Type

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 Kotak SecuritiesBajaj Broking
Casual InvestorYesYes
Active InvestorYesYes
TraderNoYes

Kotak Securities Vs Bajaj Broking - Pros and Cons

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 Kotak SecuritiesBajaj Broking
Pros
  • 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.
  1. Part of Bajaj Financial, a leading NBFC in India.
  2. Freedom Pack: Rs 20 / order and Professional Pack: Rs 10 / order for all the segments.
  3. Loan Against Securities is available.
  4. Margin Trading Funding (MTF) is available.
  5. Fast and safe fund transfer.
Cons
  • 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.
  1. Yearly subscription fee is mandatory.
  2. Call & Trade is available at an additional Rs 20 per executed order.
  3. Very high demat debit transaction charges (Rs 30 per ISIN).
  4. 3-in-1 account is not available.
Reviews
Promo / Offers

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

Bajaj Broking Special Offer

Freedom Plus Pack (Lifetime AMC Free)

  • Account Opening: FREE
  • Invest in Stocks, IPOs, Mutual Funds & Bonds- All in One App
  • Intraday & F&O Brokerage: Rs 20/trade

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.

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