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Achiievers Vs Kotak Securities NRI Account Comparison

The side-by-side comparison of Achiievers and Kotak Securities NRI Account. Compare Achiievers Vs Kotak Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Kotak Securities and Achiievers NRI Account reviews.

Find out Achiievers Vs Kotak Securities which is better NRI Trading Account. See Achiievers Vs Kotak Securities which is best NRI Demat Account.

Our Achiievers Equities Ltd comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between Achiievers and Kotak Securities NRI Account.

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Achiievers Vs Kotak Securities

  Achiievers Kotak Securities
 
  Achiievers Equities Ltd Logo Kotak Securities Ltd Logo
About the Broker Achiievers Equities Ltd is a discount broker offering investment services to the resident as well as non-resident investors. It offers a 2-in-1 account, integrating trading and demat accounts, for all types of investors. NRIs can use the account to t... Know more about Achiievers Equities Ltd 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... Know more about Kotak Securities Ltd
Account Type NRI Trading NRI Account
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Achiievers Vs Kotak Securities Charges

  Achiievers Kotak Securities
NRI Account Opening Fees ₹3750
NRI Account AMC ₹0
NRI Demat Account Opening Fees Nil Rs 0 (Free)
NRI Demat Account AMC Rs 400 Rs 600
PIS Account AMC NA ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Achiievers Vs Kotak Securities NRI Account Brokerage Comparison

Account Type Achiievers NRI Trading Kotak Securities NRI Account
Equity Delivery 0.50% 1.00%
Equity Futures NA 1.00%
Equity Options NA 1.00%
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Other Charges

Contract Note Reporting Charges NA ₹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%
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Achiievers Vs Kotak Securities NRI Account Taxes/Fees

  Achiievers Kotak Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
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.

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Achiievers Vs Kotak Securities NRI Account Margin

  Achiievers Margin Kotak 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.


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Achiievers and Kotak Securities NRI Account Features

  Achiievers Kotak Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Achiievers Vs Kotak Securities NRI Account Review

  Achiievers Review Kotak Securities Review
  5 Customer Reviews    Rate Achiievers 172 Customer Reviews    Rate Kotak Securities
Fees 4.6 2.4
Brokerage 5.0 2.3
Trading Platform 4.2 3.2
Customer Service 4.2 2.8
Overall Rating Rated 4.6 stars Rated 2.4 stars
Broker Rating Achiievers is Rated 4.6 / 5 based on 5 customer reviews Kotak Securities is Rated 2.4 / 5 based on 172 customer reviews
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Contact Broker / Request A Call Back

  Achiievers Enquire Kotak Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
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Achiievers Vs Kotak Securities NRI Investment Options

  Achiievers Kotak Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options Equity SIP

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Achiievers Vs Kotak Securities NRI Customer Service

  Achiievers Kotak Securities
Customer Care Number +91 33 6606 3000 022 6689 6000, 022 6652 9191
Customer Care Email customer.care@achiieversequitiesltd.com nricustomerservice@kotak.com
Enquire AchiieversEnquire Kotak Securities

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Achiievers Vs Kotak Securities Order Type Offered for NRI Account

  Achiievers Kotak Securities
Bracket Order No Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes

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Achiievers Vs Kotak Securities - NRI Account Advantages and Disadvantages

  Achiievers Kotak Securities
Pros
  • A dedicated desk for NRI clients.
  • Provides diverse research reports for NRI investors based on their needs. Achiievers is one of the few discount brokers to offer research reports.
  • Offers access to NSE NOW trading platforms in mobile, installable trading terminal and web.
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
Cons
  • Doesn't allow trade in the equity derivative segment.
  • Doesn't allow investment in mutual fund and IPO.
  • Charge a very high brokerage fee of 0.50% of the transaction value.
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
Conclusion

Achiievers Equities is a discount stock broker but it doesn't offer discounted brokerage rates to NRIs. It also doesn't offer Equity F&O trading, Mutual Fund, IPO and Bonds. There are many other brokers available with better pricing, tools and multiple investment options under the same account.

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

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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