HDFC Securities Vs Kotak Securities (Compare HDFC Securities and Kotak Securities)

HDFC Securities Vs Kotak Securities

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.

	HDFC Securities	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2002	1994
Number of Branches	270	153
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Kotak Securities account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Kotak Securities Demat Account AMC Charges is Rs 600.

	HDFC Securities	Kotak Securities
Trading Account Opening Charges	Rs 999	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 750	Rs 600

HDFC Securities Vs Kotak Securities Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower.

Account Type	HDFC Securities Lite 199 Yearly Subscription Plan	Kotak Securities Trade Free Plan
Fixed Charges	Rs 199 per year
Equity Delivery	0.32%	0.20%
Equity Intraday	0.032%	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 20 per trade	Rs 10 per order
Equity Options	Rs 20 per trade	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
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

HDFC Securities Vs Kotak Securities Brokerage Plan 2

	HDFC Securities	Kotak Securities
Account Type	Alpha 1,999	Trade Free Youth
Fixed Charges	Rs 1999 per year
Equity Delivery	0.18%	Rs 0
Equity Intraday	0.018%	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 20 per trade	Rs 10 per order
Equity Options	Rs 20 per trade	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

HDFC Securities Vs Kotak Securities Brokerage Plan 3

	HDFC Securities	Kotak Securities
Account Type	Alpha 4999 Yearly Subscription Plan	Trade Free Pro
Fixed Charges	Rs 4,999 per year
Equity Delivery	0.10%	0.10%
Equity Intraday	0.010%	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	Rs 20 per trade	Rs 10 per order
Equity Options	Rs 20 per trade	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

HDFC Securities Charges Vs Kotak Securities

Minimum Brokerage	Rs. 25 per order on equity segment
Other Charges
Call & Trade Charges	Rs 0	Rs 49 + GST per executed order
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Leverage (Margin)

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

	HDFC Securities	Kotak Securities
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

Compare HDFC Securities and Kotak Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	HDFC Securities	Kotak Securities
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time	3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,	3-in-1 account
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HDFC Securities Vs Kotak Securities Review

HDFC Securities is rated of 5 based on 231 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.

	HDFC Securities	Kotak Securities
	231 Customer Reviews	200 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews

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HDFC Securities Vs Kotak Securities Investment Options

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

HDFC Securities Vs Kotak Securities Order Type Offered

	HDFC Securities	Kotak Securities
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

HDFC Securities Vs Kotak Securities Suitable For Investor Type

	HDFC Securities	Kotak Securities
Casual Investor
Active Investor
Trader

HDFC Securities Vs Kotak Securities - Pros and Cons

	HDFC Securities	Kotak Securities
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.	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	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	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
		Open Kotak Securities Account