Kotak Securities Vs Yes Securities (Compare Kotak Securities and Yes Securities)

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... Know more about Kotak Securities

About Yes Securities

Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings a... Know more about Yes Securities

Kotak Securities Vs Yes Securities

Expand

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 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India.

 Kotak SecuritiesYes Securities
Type of BrokerFull Service BrokerFull Service Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE
Year of Incorporation19942013
Number of Branches15352
Open Kotak Securities Account

Kotak Securities Vs Yes Securities Charges & AMC

Expand

Kotak Securities trading account opening charges is Rs 0 (Free) while Yes Securities account opening changes is Rs 999. Kotak Securities Demat Account AMC Charges is Rs 600 and Yes Securities Demat Account AMC Charges is Rs 500.

 Kotak SecuritiesYes Securities
Trading Account Opening ChargesRs 0 (Free)Rs 999
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 600Rs 500

Kotak Securities Vs Yes Securities Brokerage

Expand

Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides).

Account TypeKotak Securities Trade Free PlanYes Securities INVEST Value Plan
Fixed Charges
Equity Delivery0.20%0.45%
Equity IntradayRs 10 per order or 0.05%, whichever is lower0.05%(both Sides)
Equity FuturesRs 10 per order0.05% | Intraday - 0.02%
Equity OptionsRs 10 per orderRs 75 per lot | Intraday - Rs 25 per lot
Currency FuturesRs 10 per order0.05% | Intraday - 0.02%
Currency OptionsRs 10 per orderRs 75 per lot | Intraday - Rs 25 per lot
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
Special Offer
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

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.

Kotak Securities Vs Yes Securities Brokerage Plan 2

Expand
 Kotak SecuritiesYes Securities
Account TypeTrade Free YouthINVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)
Fixed Charges
Equity DeliveryRs 00.40%
Equity IntradayRs 10 per order or 0.05%, whichever is lower0.04%
Equity FuturesRs 10 per order0.04% | Intraday - 0.02%
Equity OptionsRs 10 per orderRs 70 per lot | Intraday - Rs 25 per lot
Currency FuturesRs 10 per order0.04% | Intraday - 0.02%
Currency OptionsRs 10 per orderRs 70 per lot | Intraday - Rs 25 per lot
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
Open Kotak Securities Account

Kotak Securities Vs Yes Securities Brokerage Plan 3

Expand
 Kotak SecuritiesYes Securities
Account TypeTrade Free ProINVEST Value Plan
Fixed Charges
Equity Delivery0.10%0.45%
Equity IntradayRs 10 per order or 0.05%, whichever is lower0.05%(both Sides)
Equity FuturesRs 10 per order0.05% | Intraday - 0.02%
Equity OptionsRs 10 per orderRs 75 per lot | Intraday - Rs 25 per lot
Currency FuturesRs 10 per order0.05% | Intraday - 0.02%
Currency OptionsRs 10 per orderRs 75 per lot | Intraday - Rs 25 per lot
Commodity FuturesRs 10 per orderNA
Commodity OptionsRs 10 per orderNA
Open Kotak Securities Account

Kotak Securities Charges Vs Yes Securities

Expand
Minimum BrokerageRs 25 or 2.5% of Trade Value whichever is lower
Other Charges
Call & Trade ChargesRs 49 + GST per executed orderAdditional Rs 25 per executed order
Open Kotak Securities Account

Kotak Securities Vs Yes Securities Leverage (Margin)

Expand

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

 Kotak SecuritiesYes Securities
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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 Kotak Securities and Yes Securities Features

Expand

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

 Kotak SecuritiesYes Securities
3 in 1 AccountYesYes
Automated TradingYesNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformWebsite, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, XtraliteYesInvest (Website), Yes Trader (Mobile App)
Intraday Square-off Time
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other Features3-in-1 account
Open Kotak Securities Account

Kotak Securities Vs Yes Securities Review

Expand

Kotak Securities is rated of 5 based on 202 customer reviews whereas Yes Securities is rated of 5 based on 5 customer reviews.

 Kotak SecuritiesYes Securities
 202 Customer Reviews    Rate Kotak Securities5 Customer Reviews    Rate Yes Securities
FeesRated 2.4 starsRated 3.2 stars
BrokerageRated 2.3 starsRated 2.2 stars
Trading PlatformRated 3.2 starsRated 2.6 stars
Customer ServiceRated 2.8 starsRated 2.4 stars
Research CapabilitiesRated 2.7 starsRated 3.0 stars
Overall RatingRated 2.4 starsRated 2.2 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 202 customer reviewsYes Securities is Rated 2.2 / 5 based on 5 customer reviews

Contact Broker / Request A Call Back

Expand
 Kotak SecuritiesYes Securities
Contact Broker
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
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 Vs Yes Securities Investment Options

Expand
 Kotak SecuritiesYes Securities
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Kotak Securities Vs Yes Securities Order Type Offered

Expand
 Kotak SecuritiesYes Securities
Bracket OrderYesNo
Cover OrderYesYes
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo
Open Kotak Securities Account

Kotak Securities Vs Yes Securities Suitable For Investor Type

Expand
 Kotak SecuritiesYes Securities
Casual InvestorYesYes
Active InvestorYesNo
TraderNoNo

Kotak Securities Vs Yes Securities - Pros and Cons

Expand
 Kotak SecuritiesYes Securities
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.
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
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.
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
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

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
Open Kotak Securities Account
Compare Kotak SecuritiesCompare Yes Securities
Kotak Securities Vs 5paisaYes Securities Vs 5paisa
Kotak Securities Vs Aditya Birla MoneyYes Securities Vs Aditya Birla Money
Kotak Securities Vs Alice BlueYes Securities Vs Alice Blue
Kotak Securities Vs Anand RathiYes Securities Vs Anand Rathi
Kotak Securities Vs Angel OneYes Securities Vs Angel One
Kotak Securities Vs Arihant CapitalYes Securities Vs Arihant Capital
Kotak Securities Vs AxisDirectYes Securities Vs AxisDirect
Kotak Securities Vs Bajaj BrokingYes Securities Vs Bajaj Broking
Kotak Securities Vs BlinkXYes Securities Vs BlinkX
Kotak Securities Vs DhanYes Securities Vs Dhan
Kotak Securities Vs FirstockYes Securities Vs Firstock
Kotak Securities Vs FyersYes Securities Vs Fyers
Kotak Securities Vs GeojitYes Securities Vs Geojit
Kotak Securities Vs GrowwYes Securities Vs Groww
Kotak Securities Vs HDFC SecuritiesYes Securities Vs HDFC Securities
Kotak Securities Vs ICICIdirectYes Securities Vs ICICIdirect
Kotak Securities Vs Indiabulls SecuritiesYes Securities Vs Indiabulls Securities
Kotak Securities Vs INDmoneyYes Securities Vs INDmoney
Kotak Securities Vs Jainam BrokingYes Securities Vs Jainam Broking
Kotak Securities Vs m.StockYes Securities Vs m.Stock
Kotak Securities Vs Mirae Asset SharekhanYes Securities Vs Mirae Asset Sharekhan
Kotak Securities Vs Monarch NetworthYes Securities Vs Monarch Networth
Kotak Securities Vs Motilal OswalYes Securities Vs Motilal Oswal
Kotak Securities Vs Nuvama (Edelweiss)Yes Securities Vs Nuvama (Edelweiss)
Kotak Securities Vs Paytm MoneyYes Securities Vs Paytm Money
Kotak Securities Vs ProstocksYes Securities Vs Prostocks
Kotak Securities Vs SahiYes Securities Vs Sahi
Kotak Securities Vs SAMCOYes Securities Vs SAMCO
Kotak Securities Vs SAS OnlineYes Securities Vs SAS Online
Kotak Securities Vs SBI SecuritiesYes Securities Vs SBI Securities
Kotak Securities Vs Share.MarketYes Securities Vs Share.Market
Kotak Securities Vs TradeSmartYes Securities Vs TradeSmart
Kotak Securities Vs TradingoYes Securities Vs Tradingo
Kotak Securities Vs UpstoxYes Securities Vs Upstox
Kotak Securities Vs ZerodhaYes Securities Vs Zerodha

Side-by-Side Comparison of Broker