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 Firstock
Incorporated in 2021, Firstock Broking Private Limited is a next-generation investment and trading platform revolutionising discount broking in India through technology-led innovation. Firstock is built on a vision to make financial services more accessible, efficient, and user-friendly.
With a strong focus on a customer-centric and tech-first approach, the platform simplifies the trading experien...
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 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India.
| Kotak Securities | Firstock | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 1994 | 2021 |
| Number of Branches | 153 | |
| Open Kotak Securities Account | Open Firstock Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Firstock account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Firstock Demat Account AMC Charges is Rs 0 (Free).
| Kotak Securities | Firstock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 0 (Free) |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order.
| Account Type | Kotak Securities Trade Free Plan | Firstock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% | Rs 0 |
| 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 order, 0.03% or whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order, 0.03% or whichever is lower |
| 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: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Kotak Securities | Firstock | |
|---|---|---|
| Account Type | Trade Free Youth | |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | Rs 0 |
| 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 order, 0.03% or whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order, 0.03% or whichever is lower |
| 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 Firstock Account |
| Kotak Securities | Firstock | |
|---|---|---|
| Account Type | Trade Free Pro | |
| Fixed Charges | ||
| Equity Delivery | 0.10% | Rs 0 |
| 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 order, 0.03% or whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per order, 0.03% or whichever is lower |
| 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 Firstock Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 50 |
| Open Kotak Securities Account | Open Firstock Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Firstock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Firstock | |
|---|---|---|
| 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 Firstock Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Firstock offers Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web trading software.
| Kotak Securities | Firstock | |
|---|---|---|
| 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 | Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web |
| Intraday Square-off Time | 3:25 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | APIs for Algo Trading |
| Open Kotak Securities Account | Open Firstock Account |
Kotak Securities is rated of 5 based on 202 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.
| Kotak Securities | Firstock | |
|---|---|---|
202 Customer Reviews  | 1 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | Firstock is Rated 3.0 / 5 based on 1 customer reviews |
| Kotak Securities | Firstock | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges.
Open Free Demat account
with Firstock and start trading today. |
| Kotak Securities | Firstock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Firstock | |
|---|---|---|
| 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 Firstock Account |
| Kotak Securities | Firstock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Firstock | |
|---|---|---|
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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 | Firstock Special OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited-time offer. Open a Free Demat Account online and start trading today. |
| Open Kotak Securities Account | Open Firstock Account |
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