Kotak Securities Vs Zerodha (Compare Kotak Securities and Zerodha)

Kotak Securities Vs Zerodha

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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Kotak Securities	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1994	2010
Number of Branches	153	22
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Kotak Securities Vs Zerodha Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and Zerodha Demat Account AMC Charges is Rs 300.

	Kotak Securities	Zerodha
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 600	Rs 300

Kotak Securities Vs Zerodha Brokerage

Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	Kotak Securities Trade Free Plan	Zerodha Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.20%	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 10 per order	Rs 20 per executed order or .03% 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 .03% 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 .03% 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: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today.

Kotak Securities Vs Zerodha Brokerage Plan 2

	Kotak Securities	Zerodha
Account Type	Trade Free Youth	Flat Brokerage Plan
Fixed Charges
Equity Delivery	Rs 0	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 10 per order	Rs 20 per executed order or .03% 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 .03% 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 .03% whichever is lower
Commodity Options	Rs 10 per order	Rs 20 per executed order
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Kotak Securities Vs Zerodha Brokerage Plan 3

	Kotak Securities	Zerodha
Account Type	Trade Free Pro	Flat Brokerage Plan
Fixed Charges
Equity Delivery	0.10%	Rs 0 (Free)
Equity Intraday	Rs 10 per order or 0.05%, whichever is lower	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 10 per order	Rs 20 per executed order or .03% 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 .03% 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 .03% whichever is lower
Commodity Options	Rs 10 per order	Rs 20 per executed order
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Kotak Securities Charges Vs Zerodha

Minimum Brokerage		0.03% in Intraday and F&O
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 49 + GST per executed order	Rs 50 per executed order
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Kotak Securities Vs Zerodha Leverage (Margin)

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

	Kotak Securities	Zerodha
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 Kotak Securities and Zerodha Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Kotak Securities	Zerodha
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	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time		Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account	Direct Mutual Funds, APIs for Algo Trading
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Kotak Securities Vs Zerodha Review

Kotak Securities is rated of 5 based on 200 customer reviews whereas Zerodha is rated of 5 based on 492 customer reviews.

	Kotak Securities	Zerodha
	200 Customer Reviews	492 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	Zerodha is Rated 3.6 / 5 based on 492 customer reviews

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Kotak Securities Vs Zerodha Investment Options

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

Kotak Securities Vs Zerodha Order Type Offered

	Kotak Securities	Zerodha
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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Kotak Securities Vs Zerodha Suitable For Investor Type

	Kotak Securities	Zerodha
Casual Investor
Active Investor
Trader

Kotak Securities Vs Zerodha - Pros and Cons

	Kotak Securities	Zerodha
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.	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
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.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account.
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 Special Offer Free Stock Trading and Mutual Funds Free account opening for everyone Zero brokerage on Equity Delivery trades Flat ₹20 per trade for Intraday and F&O Zero brokerage on Mutual Fund investments Trade with India's leading trading platform Limited-time offer! Open your instant Zerodha account online and start trading today.
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