Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include Equity, Derivatives, IPO, Mutual Funds, Fixed Deposits, Bonds, and Commodity trading at BSE and NSE. The company also offers NCD, wealth products, Home Loans, Insurance, etc.
ICICIdirect's most popular service is its 3-in-1 account, which includes the ICICI Bank Account, ICICI Trading Account, and... 
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...
Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2000 | 1994 |
| Number of Branches | 154 | 153 |
| Open Kotak Securities Account |
ICICIdirect trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is For Individual account: Rs. 700 p.a. and Kotak Securities Demat Account AMC Charges is Rs 600.
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | For Individual account: Rs. 700 p.a. | Rs 600 |
ICICIdirect brokerage charges for equity is 0.29% and intraday is 0.029% 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 | ICICIdirect ICICI Direct Moneysaver Plan | Kotak Securities Trade Free Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.29% | 0.20% |
| Equity Intraday | 0.029% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.029% | Rs 10 per order |
| Equity Options | Rs 49 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per order | Rs 10 per order |
| Currency Options | Rs 20 per order | Rs 10 per order |
| Commodity Futures | Rs 20 per order | Rs 10 per order |
| Commodity Options | Rs 20 per order | 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 |
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Account Type | Prime Plan - 299 | Trade Free Youth |
| Fixed Charges | Rs 299 yearly | |
| Equity Delivery | 0.25% | Rs 0 |
| Equity Intraday | 0.025% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.025% | Rs 10 per order |
| Equity Options | Rs 49 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per order | Rs 10 per order |
| Currency Options | Rs 20 per order | Rs 10 per order |
| Commodity Futures | Rs 20 per lot | Rs 10 per order |
| Commodity Options | Rs 20 per lot | Rs 10 per order |
| Open Kotak Securities Account |
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Account Type | Prime Plan - 9999 | Trade Free Pro |
| Fixed Charges | Rs 9999 one time | |
| Equity Delivery | 0.07% | 0.10% |
| Equity Intraday | 0.007% | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | 0.007% | Rs 10 per order |
| Equity Options | Rs 9 per lot | Rs 10 per order |
| Currency Futures | Rs 20 per order | Rs 10 per order |
| Currency Options | Rs 20 per order | Rs 10 per order |
| Commodity Futures | Rs 20 per lot | Rs 10 per order |
| Commodity Options | Rs 20 per lot | Rs 10 per order |
| Open Kotak Securities Account |
| Minimum Brokerage | No minimum brokerage (Moneysaver Plan) | |
| Other Charges | Daily MTF Interest Rates: 0.049% | Yearly Margin Trading Interest: 17.99% | |
| Call & Trade Charges | Rs 50 per trade | Rs 49 + GST per executed order |
| Open Kotak Securities Account |
ICICIdirect 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.
| ICICIdirect | 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 |
The trading platforms offered ICICIdirect include ICICI Direct.com (website), ICICI Direct Mobile App. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.
| ICICIdirect | Kotak Securities | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | |  |
| Trading Platform | ICICI Direct.com (website), ICICI Direct Mobile App | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Daily, monthly and yearly free research recommendations, 100% limit in shares as margin | 3-in-1 account |
| Open Kotak Securities Account |
ICICIdirect is rated of 5 based on 484 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.
| ICICIdirect | Kotak Securities | |
|---|---|---|
484 Customer Reviews  | 200 Customer Reviews | |
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| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 484 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews |
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Contact Broker | 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. | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| ICICIdirect | 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 |
| ICICIdirect | Kotak Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| ICICIdirect | Kotak Securities | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 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 |
| Open Kotak Securities Account |
Open Kotak Securities Account