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 Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03...
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 |
| Open Kotak Securities Account | Open Zerodha Account |
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 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:
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless |
| 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 |
| Open Kotak Securities Account | Open Zerodha Account |
| 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 |
| Open Kotak Securities Account | Open Zerodha Account |
| 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 |
| Open Kotak Securities Account | Open Zerodha Account |
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) |
| Open Kotak Securities Account | Open Zerodha Account |
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 |
| Open Kotak Securities Account | Open Zerodha Account |
Kotak Securities is rated of 5 based on 202 customer reviews whereas Zerodha is rated of 5 based on 492 customer reviews.
| Kotak Securities | Zerodha | |
|---|---|---|
202 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 202 customer reviews | Zerodha is Rated 3.6 / 5 based on 492 customer reviews |
| Kotak Securities | Zerodha | |
|---|---|---|
| Contact Broker | Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now |
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless |
| Kotak Securities | Zerodha | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 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) | | |
| Open Kotak Securities Account | Open Zerodha Account |
| Kotak Securities | Zerodha | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Kotak Securities | Zerodha | |
|---|---|---|
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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 Special OfferFree Stock Trading and Mutual Funds
Limited-time offer! |
| Open Kotak Securities Account | Open Zerodha Account |
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