Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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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... 
About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo...
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Kotak Securities | Upstox | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2012 |
| Number of Branches | 153 | 4 |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Upstox Demat Account AMC Charges is Rs 150.
| Kotak Securities | Upstox | |
|---|---|---|
| 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 150 |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Kotak Securities Trade Free Plan | Upstox Default |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed 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: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Kotak Securities | Upstox | |
|---|---|---|
| Account Type | Trade Free Youth | Default |
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account | Open Upstox Account |
| Kotak Securities | Upstox | |
|---|---|---|
| Account Type | Trade Free Pro | Default |
| Fixed Charges | NA | |
| Equity Delivery | 0.10% | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 10 per order | Rs 20 per executed order |
| Commodity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account | Open Upstox Account |
| Minimum Brokerage | 0.05% | |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per trade |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| Kotak Securities | Upstox | |
|---|---|---|
| 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 | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Option strategy builder |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Upstox is rated of 5 based on 149 customer reviews.
| Kotak Securities | Upstox | |
|---|---|---|
200 Customer Reviews  | 149 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 | Upstox is Rated 2.4 / 5 based on 149 customer reviews |
| Kotak Securities | Upstox | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Kotak Securities | Upstox | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Upstox | |
|---|---|---|
| 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 Upstox Account |
| Kotak Securities | Upstox | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Upstox | |
|---|---|---|
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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 | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
| Open Kotak Securities Account | Open Upstox Account |
Open Kotak Securities Account