Kotak Securities Vs SBI Securities (Compare Kotak Securities and SBI Securities)

Kotak Securities Vs SBI Securities

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
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Kotak Securities Vs SBI Securities Charges & AMC

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 Vs SBI Securities Brokerage

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 Vs SBI Securities Brokerage Plan 2

	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)
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Kotak Securities Vs SBI Securities Brokerage Plan 3

	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)
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Kotak Securities Charges Vs SBI Securities

Minimum Brokerage		Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges	Rs 49 + GST per executed order	Free
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Kotak Securities Vs SBI Securities Leverage (Margin)

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)
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Compare Kotak Securities and SBI Securities Features

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
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Kotak Securities Vs SBI Securities Review

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
Fees
Brokerage
Trading Platform
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

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Kotak Securities Vs SBI Securities Investment Options

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

Kotak Securities Vs SBI Securities Order Type Offered

	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)
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Kotak Securities Vs SBI Securities Suitable For Investor Type

	Kotak Securities	SBI Securities
Casual Investor
Active Investor
Trader

Kotak Securities Vs SBI Securities - Pros and Cons

	Kotak Securities	SBI 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.	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are 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.	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.
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
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