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Kotak Securities Vs Nuvama (Edelweiss) (Compare Kotak Securities and Nuvama (Edelweiss))

Kotak Securities Ltd Logo

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 ... Know more about Kotak Securities Ltd

Nuvama Wealth & Investment Limited Logo

About Nuvama (Edelweiss)
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm. The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options. Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best... Know more about Nuvama Wealth & Investment Limited

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Kotak Securities Vs Nuvama (Edelweiss)

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 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Kotak Securities Nuvama (Edelweiss)
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 153 237
Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

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Kotak Securities Vs Nuvama (Edelweiss) Charges & AMC

Kotak Securities trading account opening charges is Rs 99 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  Kotak Securities Nuvama (Edelweiss)
Trading Account Opening Charges Rs 99 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 500 (1st Year Free)

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Kotak Securities Vs Nuvama (Edelweiss) Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Kotak Securities Trade Free Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA
Equity Delivery 0.25% (Minimum Rs 20 per trade) Rs 10 per executed order
Equity Intraday Free Rs 10 per executed order
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Kotak Securities Vs Nuvama (Edelweiss) Brokerage Plan 2

  Kotak Securities Nuvama (Edelweiss)
Account Type Dealer Assisted Plan Nuvama Elite
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% 0.30%
Equity Intraday 0.039% 0.03%
Equity Futures 0.039% 0.03%
Equity Options Rs 39 per lot Rs 75 per lot
Currency Futures Rs 9 per lot 0.02%
Currency Options Rs 5 per lot Rs 20 per lot
Commodity Futures 0.039%
Commodity Options Rs 39 per lot
Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

Kotak Securities Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Rs 21 per executed order 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 50 per call Rs 20 per call

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Kotak Securities Vs Nuvama (Edelweiss) Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Nuvama (Edelweiss) exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Kotak Securities Nuvama (Edelweiss)
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

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Kotak Securities Vs Nuvama (Edelweiss) Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nuvama (Edelweiss) margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Nuvama (Edelweiss)
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 AccountOpen Nuvama (Edelweiss) Account

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Compare Kotak Securities and Nuvama (Edelweiss) Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  Kotak Securities Nuvama (Edelweiss)
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

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Kotak Securities Vs Nuvama (Edelweiss) Review

Kotak Securities is rated 2.4 of 5 based on 197 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

  Kotak Securities Nuvama (Edelweiss)
  197 Customer Reviews    Rate Kotak Securities 76 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 2.4 3.0
Brokerage 2.3 3.1
Trading Platform 3.2 3.4
Customer Service 2.8 2.7
Research Capabilities 2.7 2.9
Overall Ratings Rated 2.4 stars Rated 2.9 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 197 customer reviews Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Nuvama (Edelweiss) Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Kotak Securities Vs Nuvama (Edelweiss) Investment Options

  Kotak Securities Nuvama (Edelweiss)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Kotak Securities Vs Nuvama (Edelweiss) Order Type Offered

  Kotak Securities Nuvama (Edelweiss)
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

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Kotak Securities Vs Nuvama (Edelweiss) Research Report

  Kotak Securities Nuvama (Edelweiss)
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Kotak Securities Vs Nuvama (Edelweiss) Suitable For Investor Type

  Kotak Securities Nuvama (Edelweiss)
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Nuvama (Edelweiss) - Pros and Cons

  Kotak Securities Nuvama (Edelweiss)
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.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Nuvama (Edelweiss) Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

Open Kotak Securities AccountOpen Nuvama (Edelweiss) Account

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