ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
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 Paytm Money
Established in 2017, Paytm Money is a prominent Indian wealth management platform that leverages technology to streamline investment processes. It facilitates investments across a broad spectrum of assets, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments, offering a user-friendly experience.
Paytm Money operates as a SEBI-registered stockbroker and Investment Advisor. It is also a depository participant with CDSL and a member of both the NSE and BSE.
Initially foc...
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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.
| Kotak Securities | Paytm Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | NSE and BSE |
| Year of Incorporation | 1994 | 2017 |
| Number of Branches | 153 | 1 |
| Open Kotak Securities Account | Open Paytm Money Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.
| Kotak Securities | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 0 (Free) Lifetime Free |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Paytm Money 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 low.
| Account Type | Kotak Securities Trade Free Plan | Paytm Money Standard Plan |
|---|---|---|
| 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 low |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per 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 ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer  |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Account Type | Trade Free Youth | Standard Plan |
| 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 low |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Securities Account | Open Paytm Money Account |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Account Type | Trade Free Pro | Standard Plan |
| 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 low |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | Rs 10 per order | |
| Currency Options | Rs 10 per order | |
| Commodity Futures | Rs 10 per order | |
| Commodity Options | Rs 10 per order | |
| Open Kotak Securities Account | Open Paytm Money Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | Rs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 100 |
| Open Kotak Securities Account | Open Paytm Money Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Paytm Money | |
|---|---|---|
| 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 Paytm Money Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Kotak Securities | Paytm Money | |
|---|---|---|
| 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 | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Securities Account | Open Paytm Money Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.
| Kotak Securities | Paytm Money | |
|---|---|---|
200 Customer Reviews  | 53 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 | Paytm Money is Rated 3.2 / 5 based on 53 customer reviews |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now | Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Paytm Money | |
|---|---|---|
| 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 Paytm Money Account |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Paytm Money | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. | |
| 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 | Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
| Open Kotak Securities Account | Open Paytm Money Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Kotak Securities Account
