Kotak Securities Vs Finvasia NRI Account Comparison
The side-by-side comparison of Kotak Securities and Finvasia NRI Account. Compare Kotak Securities Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and Kotak Securities NRI Account reviews.
Find out Kotak Securities Vs Finvasia which is better NRI Trading Account. See Kotak Securities Vs Finvasia which is best NRI Demat Account.
Our Kotak Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and Finvasia NRI Account.
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...
Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE.
Finvasia is the only broker ...
Account Type
NRI Account
NRI Account
Special Offer
Zerodha (Trade with the best stock broker)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Zerodha (Trade with the best stock broker)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Kotak Securities Vs Finvasia Charges
Kotak Securities
Finvasia
NRI Account Opening Fees
₹3750
₹199
NRI Account AMC
₹0
₹0
NRI Demat Account Opening Fees
Rs 0 (Free)
Rs 0 (Free)
NRI Demat Account AMC
Rs 600
Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC
₹1000
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Kotak Securities Vs Finvasia NRI Account Brokerage Comparison
Account Type
Kotak Securities NRI Account
Finvasia NRI Account
Equity Delivery
1.00%
₹0
Equity Futures
1.00%
₹0
Equity Options
1.00%
₹0
Other Charges
Contract Note Reporting Charges
₹0
NA
Other Brokerage Charges
Average Quarterly Balance: ₹10000
₹0
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 Securities Vs Finvasia NRI Account Taxes/Fees
Kotak Securities
Finvasia
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)
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 Securities Vs Finvasia NRI Account Margin
Kotak Securities Margin
Finvasia 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 Securities and Finvasia NRI Account Features
Kotak Securities
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
Kotak Securities Vs Finvasia NRI Account Review
Kotak Securities Review
Finvasia Review
180 Customer Reviews
50 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Kotak Securities is Rated 2.4 / 5 based on 180 customer reviews
Finvasia is Rated 4.5 / 5 based on 50 customer reviews
Contact Broker / Request A Call Back
Kotak Securities Enquire
Finvasia Enquire
Contact Broker
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Kotak Securities Vs Finvasia NRI Investment Options
Kotak Securities
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Kotak Securities Vs Finvasia NRI Customer Service
Kotak Securities
Finvasia
Customer Care Number
022 6689 6000, 022 6652 9191
+91 172 667 0000
Customer Care Email
nricustomerservice@kotak.com
contactus@finvasia.com
Kotak Securities Vs Finvasia Order Type Offered for NRI Account
Kotak Securities
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Kotak Securities Vs Finvasia - NRI Account Advantages and Disadvantages
Kotak Securities
Finvasia
Pros
Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
Part of the reputed Kotak group
Branch offices in New York, London, Dubai, Singapore, and Mauritius.
AMO and GTC order types make it easy for NRIs to place orders at any time.
A dedicated research team for expert advice and recommendations
Offers a range of advanced online trading platforms and tools.
Offers online mutual fund, IPO and NCD investment facility.
Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
Cons
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.
Finvasia charges technology costs to provide access to some of the trading platforms.
It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.
Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds