Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
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... 
About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm.
The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options.
Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best...
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 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1994 | 2002 |
| Number of Branches | 153 | 237 |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 500 (1st Year Free) |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.
| Account Type | Kotak Securities Trade Free Plan | Nuvama (Edelweiss) Nuvama Lite |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per executed order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 10 per order | Rs 20 per executed order |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | 0.030% |
| Commodity Options | Rs 10 per order | Rs 50 / 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: Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Trade Free Youth | Nuvama Elite |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | 0.30% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | 0.03% |
| Equity Futures | Rs 10 per order | 0.03% |
| Equity Options | Rs 10 per order | Rs 75 per lot |
| Currency Futures | Rs 10 per order | 0.02% |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.015% |
| Commodity Options | Rs 10 per order | Rs 30 / lot |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Account Type | Trade Free Pro | Nuvama Lite |
| Fixed Charges | NA | |
| Equity Delivery | 0.10% | Rs 20 per executed order |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per executed order |
| Equity Futures | Rs 10 per order | Rs 20 per executed order |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | 0.030% |
| Commodity Options | Rs 10 per order | Rs 50 / lot |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per call |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| 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 Nuvama (Edelweiss) Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| 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 | Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews.
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
200 Customer Reviews  | 79 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 | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Trade @ flat Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| 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 Nuvama (Edelweiss) Account |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Nuvama (Edelweiss) | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| 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 | Nuvama (Edelweiss) Special OfferTrade @ Rs 20 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)
It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes. |
| Open Kotak Securities Account | Open Nuvama (Edelweiss) Account |
Open Kotak Securities Account