Mirae Asset Sharekhan Vs Kotak Securities (Compare Mirae Asset Sharekhan and Kotak Securities)

Mirae Asset Sharekhan Vs Kotak Securities

Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

	Mirae Asset Sharekhan	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000	1994
Number of Branches	2800	153
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Mirae Asset Sharekhan Vs Kotak Securities Charges & AMC

Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Kotak Securities Demat Account AMC Charges is Rs 600.

	Mirae Asset Sharekhan	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	Rs 400 (Free for 1st year)	Rs 600

Mirae Asset Sharekhan Vs Kotak Securities Brokerage

Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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	Mirae Asset Sharekhan Classic Account	Kotak Securities Trade Free Plan
Fixed Charges
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	0.20%
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	0.02% per transaction value	Rs 10 per order
Equity Options	Rs 39 per lot	Rs 10 per order
Currency Futures	0.02% per transaction value	Rs 10 per order
Currency Options	Rs 5 per lot	Rs 10 per order
Commodity Futures	0.02%	Rs 10 per order
Commodity Options	Rs 20 per lot	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

Mirae Asset Sharekhan Vs Kotak Securities Brokerage Plan 2

	Mirae Asset Sharekhan	Kotak Securities
Account Type	Prepaid - Rs 1 Lakh	Trade Free Youth
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	Rs 0
Equity Intraday	0.015%	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	0.015%	Rs 10 per order
Equity Options	0.05% or Rs 63 per lot	Rs 10 per order
Currency Futures	0.02% per transaction value	Rs 10 per order
Currency Options	Rs 5 per lot	Rs 10 per order
Commodity Futures	0.02%	Rs 10 per order
Commodity Options	Rs 20 per lot	Rs 10 per order
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Mirae Asset Sharekhan Vs Kotak Securities Brokerage Plan 3

	Mirae Asset Sharekhan	Kotak Securities
Account Type	Margin - Rs 1 Lakh	Trade Free Pro
Fixed Charges	Rs 1,00,000 margin
Equity Delivery	0.25%	0.10%
Equity Intraday	0.05%	Rs 10 per order or 0.05%, whichever is lower
Equity Futures	0.05%	Rs 10 per order
Equity Options	1% or Rs 70 per lot	Rs 10 per order
Currency Futures	0.02% per transaction value	Rs 10 per order
Currency Options	Rs 5 per lot	Rs 10 per order
Commodity Futures	0.02%	Rs 10 per order
Commodity Options	Rs 20 per lot	Rs 10 per order
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Mirae Asset Sharekhan Charges Vs Kotak Securities

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share
Other Charges
Call & Trade Charges	Rs 20	Rs 49 + GST per executed order
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Mirae Asset Sharekhan Vs Kotak Securities Leverage (Margin)

Mirae Asset Sharekhan 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.

	Mirae Asset Sharekhan	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)
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Compare Mirae Asset Sharekhan and Kotak Securities Features

The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	Mirae Asset Sharekhan	Kotak Securities
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	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	Pattern finder, Class room training	3-in-1 account
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Mirae Asset Sharekhan Vs Kotak Securities Review

Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Kotak Securities is rated of 5 based on 200 customer reviews.

	Mirae Asset Sharekhan	Kotak Securities
	316 Customer Reviews	200 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews

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Mirae Asset Sharekhan Vs Kotak Securities Investment Options

	Mirae Asset Sharekhan	Kotak Securities
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Mirae Asset Sharekhan Vs Kotak Securities Order Type Offered

	Mirae Asset Sharekhan	Kotak Securities
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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Mirae Asset Sharekhan Vs Kotak Securities Suitable For Investor Type

	Mirae Asset Sharekhan	Kotak Securities
Casual Investor
Active Investor
Trader

Mirae Asset Sharekhan Vs Kotak Securities - Pros and Cons

	Mirae Asset Sharekhan	Kotak Securities
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	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	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	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
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