The side-by-side comparison of Kotak Neo and Indira Securities NRI Account. Compare Kotak Neo Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and Kotak Neo NRI Account reviews.
Find out Kotak Neo Vs Indira Securities which is better NRI Trading Account. See Kotak Neo Vs Indira Securities which is best NRI Demat Account.
Our Kotak Neo comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Kotak Neo and Indira Securities NRI Account.
| Kotak Neo | Indira Securities | |
|---|---|---|
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| About the Broker | Kotak Neo 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 Neo NRI account (NRI 3-in-1 account) combine... | Indira Securities does not offer NRI trading and demat account. |
| Account Type | NRI Account | NA |
| Special Offer | Special Offer: Trade smarter with Kotak Neo low-cost plans. | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Kotak Neo | Indira Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹3750 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 600 | Rs 450 (Free for 1st year) |
| PIS Account AMC | ₹1000 | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Neo Account |
| Account Type | Kotak Neo NRI Account | Indira Securities NA |
|---|---|---|
| Equity Delivery | 1.00% | NA |
| Equity Futures | 1.00% | NA |
| Equity Options | 1.00% | NA |
| Open Kotak Neo Account |
| Contract Note Reporting Charges | ₹0 | NA |
| Other Brokerage Charges | Average Quarterly Balance: ₹10000 | NA |
| 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% |
| Kotak Neo | Indira Securities | |
|---|---|---|
| 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. |
| Kotak Neo Margin | Indira Securities Margin | |
|---|---|---|
| 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. | ||
| Kotak Neo | Indira Securities | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Kotak Neo Account |
| Kotak Neo Review | Indira Securities Review | |
|---|---|---|
202 Customer Reviews  | 4 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service | |  |
| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Indira Securities is Rated 4.0 / 5 based on 4 customer reviews |
| Open Kotak Neo Account |
| Kotak Neo Enquire | Kotak Neo Enquire | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| Kotak Neo | Indira Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Kotak Neo | Indira Securities | |
|---|---|---|
| Customer Care Number | 022 6689 6000, 022 6652 9191 | 9300046581 |
| Customer Care Email | nricustomerservice@kotak.com | NRIDesk@indiratrade.com |
| Open Kotak Neo Account |
| Kotak Neo | Indira Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Kotak Neo | Indira Securities | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | Kotak Neo is a full-service broker. It offers convenient stock trading and investment to NRIs through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Neo brokerage charges are on the higher side. Kotak Neo 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 | Kotak NeoSpecial OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now | Indira SecuritiesSpecial OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
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