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The side-by-side comparison of 5paisa and Kotak Securities NRI Account. Compare 5paisa Vs Kotak Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Kotak Securities and 5paisa NRI Account reviews.
Find out 5paisa Vs Kotak Securities which is better NRI Trading Account. See 5paisa Vs Kotak Securities which is best NRI Demat Account.
Our 5paisa Capital Ltd comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between 5paisa and Kotak Securities NRI Account.
| 5paisa | Kotak Securities | |
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| About the Broker | 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ...  |
Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... |
| Account Type | NA | NRI Account |
| Broker Enquiry |
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| 5paisa | Kotak Securities | |
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| NRI Account Opening Fees | NA | ₹3750 |
| NRI Account AMC | NA | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 540 | Rs 600 |
| PIS Account AMC | NA | ₹1000 |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| 5paisa | Kotak Securities | |
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| Account Type | NA | NRI Account |
| Equity Delivery | NA | 1.00% |
| Equity Futures | NA | 1.00% |
| Equity Options | NA | 1.00% |
| Contract Note Reporting Charges | NA | ₹0 |
| Other Brokerage Charges | NA | Average Quarterly Balance: ₹10000 |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| 5paisa | Kotak Securities | |
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| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| 5paisa | Kotak Securities | |
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| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.
| 5paisa | Kotak Securities | |
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| 3-in-1 Account |  |
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| 5paisa | Kotak Securities | |
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84 Customer Reviews  |
171 Customer Reviews |
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| Broker Rating | 5paisa is Rated 2.6 / 5 based on 84 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 171 customer reviews |
| 5paisa | Kotak Securities | |
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| 5paisa | Kotak Securities | |
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| 5paisa | Kotak Securities | |
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| Customer Care Number | NA | 022 6689 6000, 022 6652 9191 |
| Customer Care Email | NA | nricustomerservice@kotak.com |
| 5paisa | Kotak Securities | |
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| 5paisa | Kotak Securities | |
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Conclusion |
5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services. |
Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally. |
Promo / Offers |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact 5paisa
