FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of ICICIdirect and Kotak Securities NRI Account. Compare ICICIdirect Vs Kotak Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Kotak Securities and ICICIdirect NRI Account reviews.
Find out ICICIdirect Vs Kotak Securities which is better NRI Trading Account. See ICICIdirect Vs Kotak Securities which is best NRI Demat Account.
Our ICICI Securities Pvt Ltd. comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between ICICIdirect and Kotak Securities NRI Account.
ICICIdirect | Kotak Securities | |
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About the Broker | ICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab... | 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 | NRI Account | NRI Account |
Special Offer | Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now
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Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
ICICIdirect | Kotak Securities | |
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NRI Account Opening Fees | ₹4000 | ₹3750 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
NRI Demat Account AMC | Rs 300 (from 2nd year) | Rs 600 |
PIS Account AMC | ₹1000 | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Open ICICIdirect Account | Open Kotak Securities Account |
Account Type | ICICIdirect NRI Account | Kotak Securities NRI Account |
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Equity Delivery | 0.50% - 1.25% | 1.00% |
Equity Futures | 0.03% - 0.05% | 1.00% |
Equity Options | ₹70 to ₹95 | 1.00% |
Open ICICIdirect Account | Open Kotak Securities Account |
Contract Note Reporting Charges | ₹0 | |
Other Brokerage Charges | 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% |
ICICIdirect | 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. |
ICICIdirect Margin | Kotak Securities Margin | |
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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. |
ICICIdirect | Kotak Securities | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
Open ICICIdirect Account | Open Kotak Securities Account |
ICICIdirect Review | Kotak Securities Review | |
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480 Customer Reviews | 197 Customer Reviews | |
Fees | ||
Brokerage | ||
Trading Platform | ||
Customer Service | ||
Overall Rating | ||
Broker Rating | ICICIdirect is Rated 2.3 / 5 based on 480 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 197 customer reviews |
Open ICICIdirect Account | Open Kotak Securities Account |
ICICIdirect Enquire | Kotak Securities Enquire | |
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Contact Broker | ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now | Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
ICICIdirect | Kotak Securities | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | ETF, Corporate Bonds, NCD, FD, Insurance |
ICICIdirect | Kotak Securities | |
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Customer Care Number | +91-22-28307780 | 022 6689 6000, 022 6652 9191 |
Customer Care Email | nri@icicidirect.com | nricustomerservice@kotak.com |
Open ICICIdirect Account | Open Kotak Securities Account |
ICICIdirect | Kotak Securities | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
ICICIdirect | Kotak Securities | |
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Cons |
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Conclusion
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ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings. |
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 | ICICIdirect Special OfferICICIdirect Neo Plan (Discount Brokerage)Open a 3-in-1 account with Neo Plan for:
Interested in opening a trading account? Open Instant Account Now |
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 |
Open ICICIdirect Account | Open Kotak Securities Account |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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