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

Kotak Securities Vs Bajaj Financial

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 Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

	Kotak Securities	Bajaj Financial
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE
Year of Incorporation	1994	2010
Number of Branches	153	6
	Open Kotak Securities Account	Open Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Bajaj Financial account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).

	Kotak Securities	Bajaj Financial
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 899 per year
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 600	Rs 199 (Free for 1st year)

Kotak Securities Vs Bajaj Financial Brokerage

Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order.

Account Type	Kotak Securities Trade Free Plan	Bajaj Financial Freedom Plan
Fixed Charges		Rs 431 per year
Equity Delivery	0.20%	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per order
Equity Futures	Rs 10 per order	Rs 20 per order
Equity Options	Rs 10 per order	Rs 20 per order
Currency Futures	Rs 10 per order
Currency Options	Rs 10 per order
Commodity Futures	Rs 10 per order
Commodity Options	Rs 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: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account.

Kotak Securities Vs Bajaj Financial Brokerage Plan 2

	Kotak Securities	Bajaj Financial
Account Type	Trade Free Youth	Professional Pack
Fixed Charges		Rs 2500 per year
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 10 per order
Equity Futures	Rs 10 per order	Rs 10 per order
Equity Options	Rs 10 per order	Rs 10 per order
Currency Futures	Rs 10 per order
Currency Options	Rs 10 per order
Commodity Futures	Rs 10 per order
Commodity Options	Rs 10 per order
	Open Kotak Securities Account	Open Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Brokerage Plan 3

	Kotak Securities	Bajaj Financial
Account Type	Trade Free Pro	Freedom Plan
Fixed Charges		Rs 431 per year
Equity Delivery	0.10%	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per order
Equity Futures	Rs 10 per order	Rs 20 per order
Equity Options	Rs 10 per order	Rs 20 per order
Currency Futures	Rs 10 per order
Currency Options	Rs 10 per order
Commodity Futures	Rs 10 per order
Commodity Options	Rs 10 per order
	Open Kotak Securities Account	Open Bajaj Financial Account

Kotak Securities Charges Vs Bajaj Financial

Minimum Brokerage		Rs 5 per executed order
Other Charges		RMS Auto-Square off: Rs 20 per order
Call & Trade Charges	Rs 49 + GST per executed order	Rs 20 per trade
	Open Kotak Securities Account	Open Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Leverage (Margin)

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

	Kotak Securities	Bajaj Financial
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 Bajaj Financial Account

Compare Kotak Securities and Bajaj Financial Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

	Kotak Securities	Bajaj Financial
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	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time		3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account
	Open Kotak Securities Account	Open Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Review

Kotak Securities is rated of 5 based on 200 customer reviews whereas Bajaj Financial is rated of 5 based on 16 customer reviews.

	Kotak Securities	Bajaj Financial
	200 Customer Reviews	16 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews	Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews

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Kotak Securities Vs Bajaj Financial Investment Options

	Kotak Securities	Bajaj Financial
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Kotak Securities Vs Bajaj Financial Order Type Offered

	Kotak Securities	Bajaj Financial
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 Bajaj Financial Account

Kotak Securities Vs Bajaj Financial Suitable For Investor Type

	Kotak Securities	Bajaj Financial
Casual Investor
Active Investor
Trader

Kotak Securities Vs Bajaj Financial - Pros and Cons

	Kotak Securities	Bajaj Financial
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.
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.
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 Financial Special Offer Freedom Plus Pack (Lifetime AMC Free) Account Opening: FREE Equity Delivery Brokerage: FREE Intraday & F&O Brokerage: Rs 20/trade Rs 199 Demat AMC This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.
	Open Kotak Securities Account	Open Bajaj Financial Account