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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a...
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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| Kotak Securities | SBI Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 1994 | 2001 |
| Number of Branches | 153 | 117 |
| Open Kotak Securities Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and SBI Securities Demat Account AMC Charges is Rs 0.
| Kotak Securities | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 600 | Rs 0 |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | Kotak Securities Trade Free Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.20% | 0.50% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order |
| Equity Futures | Rs 10 per order | 0.05% |
| Equity Options | Rs 10 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 10 per order | Rs 20 per lot |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.05% |
| Commodity Options | Rs 10 per order | Rs 50 (sell and buy side) |
| 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 | SBI Securities | |
|---|---|---|
| Account Type | Trade Free Youth | Suvidha |
| Fixed Charges | ||
| Equity Delivery | Rs 0 | 0.50% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order |
| Equity Futures | Rs 10 per order | 0.05% |
| Equity Options | Rs 10 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 10 per order | Rs 20 per lot |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.05% |
| Commodity Options | Rs 10 per order | Rs 50 (sell and buy side) |
| Open Kotak Securities Account |
| Kotak Securities | SBI Securities | |
|---|---|---|
| Account Type | Trade Free Pro | Suvidha |
| Fixed Charges | ||
| Equity Delivery | 0.10% | 0.50% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower | Rs 20 per order |
| Equity Futures | Rs 10 per order | 0.05% |
| Equity Options | Rs 10 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 10 per order | Rs 20 per lot |
| Currency Options | Rs 10 per order | Rs 20 per lot |
| Commodity Futures | Rs 10 per order | 0.05% |
| Commodity Options | Rs 10 per order | Rs 50 (sell and buy side) |
| Open Kotak Securities Account |
| Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | |
| Other Charges | ||
| Call & Trade Charges | Rs 49 + GST per executed order | Free |
| Open Kotak Securities Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | SBI 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) |
| Open Kotak Securities Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| Kotak Securities | SBI Securities | |
|---|---|---|
| 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 | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 2:45 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open Kotak Securities Account |
Kotak Securities is rated of 5 based on 200 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| Kotak Securities | SBI Securities | |
|---|---|---|
200 Customer Reviews  | 165 Customer Reviews | |
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| Customer Service |  |  |
| Research Capabilities | | |
| Overall Rating | |  |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 200 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Kotak Securities | SBI 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 | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | SBI Securities | |
|---|---|---|
| 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 |
| Kotak Securities | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | SBI Securities | |
|---|---|---|
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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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Kotak Securities Account |
Open Kotak Securities Account