Kotak Securities Vs Firstock (Compare Kotak Securities and Firstock)

Kotak Securities Vs Firstock

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 Vs Firstock Charges & AMC

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 Vs Firstock Brokerage

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 Vs Firstock Brokerage Plan 2

	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 Vs Firstock Brokerage Plan 3

	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

Kotak Securities Charges Vs Firstock

Minimum Brokerage		Rs 20
Other Charges
Call & Trade Charges	Rs 49 + GST per executed order	Rs 50
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Kotak Securities Vs Firstock Leverage (Margin)

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

Compare Kotak Securities and Firstock Features

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
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Kotak Securities Vs Firstock Review

Kotak Securities is rated of 5 based on 200 customer reviews whereas Firstock is rated of 5 based on 1 customer reviews.

	Kotak Securities	Firstock
	200 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 200 customer reviews	Firstock is Rated 3.0 / 5 based on 1 customer reviews

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Kotak Securities Vs Firstock Investment Options

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

Kotak Securities Vs Firstock Order Type Offered

	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)
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Kotak Securities Vs Firstock Suitable For Investor Type

	Kotak Securities	Firstock
Casual Investor
Active Investor
Trader

Kotak Securities Vs Firstock - Pros and Cons

	Kotak Securities	Firstock
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.	Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures. Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot. Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth. Quick Market Analysis – Assess trends instantly for better trading decisions. One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution. Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle). Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click. Reusable Strategies – Save and apply strategies to any instrument later. Clutter-Free Interface – Only the data you need, presented simply.
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.	Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail). Rs 20 charge for orders like buybacks or delistings. No Currency/Commodity Trading.
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	Firstock Special Offer Unlimited Trades @ ZERO Brokerage on Delivery trades Rs 0 brokerage on Delivery. Rs 20 per executed order on F&O and Intraday. This is a limited-time offer. Open a Free Demat Account online and start trading today.
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