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... 
About Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra...
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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| Kotak Securities | Upstox | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2012 |
| Number of Branches | 153 | 4 |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Upstox Demat Account AMC Charges is Rs 150.
| Kotak Securities | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 150 |
Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Upstox 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 lower.
| Account Type | Kotak Securities Trade Free Plan | Upstox Default |
|---|---|---|
| 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 lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% 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 0.05% 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 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Special Offer | Special Offer: Trade smarter with Kotak Securities low-cost plans. | Special Offer: Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds |
| Kotak Securities | Upstox | |
|---|---|---|
| Account Type | Trade Free Youth | Default |
| 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 lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% 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 0.05% 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 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account | Open Upstox Account |
| Kotak Securities | Upstox | |
|---|---|---|
| Account Type | Trade Free Pro | Default |
| 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 lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.05% 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 0.05% 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 0.05% whichever is lower |
| Commodity Options | Rs 10 per order | Rs 20 per executed order |
| Open Kotak Securities Account | Open Upstox Account |
| Minimum Brokerage | 0.05% | |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Rs 49 + GST per executed order | Rs 20 per trade |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| Kotak Securities | Upstox | |
|---|---|---|
| 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 | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | 3:00 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | Option strategy builder |
| Open Kotak Securities Account | Open Upstox Account |
Kotak Securities is rated of 5 based on 202 customer reviews whereas Upstox is rated of 5 based on 150 customer reviews.
| Kotak Securities | Upstox | |
|---|---|---|
202 Customer Reviews  | 150 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Kotak Securities is Rated 2.4 / 5 based on 202 customer reviews | Upstox is Rated 2.4 / 5 based on 150 customer reviews |
| Kotak Securities | Upstox | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Securities low-cost plans. | Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds |
| Kotak Securities | Upstox | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Kotak Securities | Upstox | |
|---|---|---|
| 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 Upstox Account |
| Kotak Securities | Upstox | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Upstox | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Kotak Securities Special OfferKotak Securities Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Upstox Special OfferTrade Smarter With Upstox
|
| Open Kotak Securities Account | Open Upstox Account |
Expand all
Open Kotak Securities Account