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Kotak Securities Vs Alice Blue NRI Account Comparison

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

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

Our Kotak Securities Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Kotak Securities and Alice Blue NRI Account.

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Kotak Securities Vs Alice Blue

  Kotak Securities Alice Blue
 
  Kotak Securities Ltd Logo Alice Blue Financial Services Logo
About the Broker 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 Alice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with... Know more about Alice Blue Financial Services
Account Type NRI Account NA
Enquire Kotak SecuritiesOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Charges

  Kotak Securities Alice Blue
NRI Account Opening Fees ₹3750 NA
NRI Account AMC ₹0 NA
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 600 Rs 400
PIS Account AMC ₹1000 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire Kotak SecuritiesOpen Alice Blue Account

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Kotak Securities Vs Alice Blue NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Alice Blue NA
Equity Delivery 1.00% NA
Equity Futures 1.00% NA
Equity Options 1.00% NA
Enquire Kotak SecuritiesOpen Alice Blue Account

Other Charges

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%
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Kotak Securities Vs Alice Blue NRI Account Taxes/Fees

  Kotak Securities Alice Blue
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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Kotak Securities Vs Alice Blue NRI Account Margin

  Kotak Securities Margin Alice Blue 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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Kotak Securities and Alice Blue NRI Account Features

  Kotak Securities Alice Blue
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes No
Other Features
Enquire Kotak SecuritiesOpen Alice Blue Account

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Kotak Securities Vs Alice Blue NRI Account Review

  Kotak Securities Review Alice Blue Review
  172 Customer Reviews    Rate Kotak Securities 32 Customer Reviews    Rate Alice Blue
Fees 2.4 3.8
Brokerage 2.3 3.7
Trading Platform 3.2 3.6
Customer Service 2.8 3.0
Overall Rating Rated 2.4 stars Rated 3.4 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 172 customer reviews Alice Blue is Rated 3.4 / 5 based on 32 customer reviews
Enquire Kotak SecuritiesOpen Alice Blue Account

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Alice Blue Enquire
Contact Broker 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.
Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.
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Kotak Securities Vs Alice Blue NRI Investment Options

  Kotak Securities Alice Blue
Stocks Yes No
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options

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Kotak Securities Vs Alice Blue NRI Customer Service

  Kotak Securities Alice Blue
Customer Care Number 022 6689 6000, 022 6652 9191
Customer Care Email nricustomerservice@kotak.com
Enquire Kotak SecuritiesOpen Alice Blue Account

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Kotak Securities Vs Alice Blue Order Type Offered for NRI Account

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

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Kotak Securities Vs Alice Blue - NRI Account Advantages and Disadvantages

  Kotak Securities Alice Blue
Pros
  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
  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.
  • Alice Blue does not offer NRI trading and demat account.
Conclusion

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.

Alice Blue, the Bangalore based financial service provider, 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 Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

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.

Free Equity Delivery Trade + FREE Account Opening

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.

Enquire Kotak SecuritiesOpen Alice Blue Account
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