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Kotak Securities Vs Zerodha NRI Account Comparison

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

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

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

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Kotak Securities Vs Zerodha

  Kotak Securities Zerodha
 
  Kotak Securities Ltd Logo Zerodha 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 Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
Account Type NRI Account NRI Account
Enquire Kotak SecuritiesOpen Zerodha Account

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Kotak Securities Vs Zerodha Charges

  Kotak Securities Zerodha
NRI Account Opening Fees ₹3750 ₹500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 600 Rs 300
PIS Account AMC ₹1000 NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire Kotak SecuritiesOpen Zerodha Account

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Kotak Securities Vs Zerodha NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Zerodha NRI Account
Equity Delivery 1.00% 0.1% or max ₹200 per trade
Equity Futures 1.00% ₹100 per trade
Equity Options 1.00% ₹100 per trade
Enquire Kotak SecuritiesOpen Zerodha Account

Other Charges

Contract Note Reporting Charges ₹0 NA
Other Brokerage Charges Average Quarterly Balance: ₹10000 Demat Account AMC: ₹300 yearly
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 Zerodha NRI Account Taxes/Fees

  Kotak Securities Zerodha
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 Zerodha NRI Account Margin

  Kotak Securities Margin Zerodha 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 Zerodha NRI Account Features

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

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Kotak Securities Vs Zerodha NRI Account Review

  Kotak Securities Review Zerodha Review
  172 Customer Reviews    Rate Kotak Securities 452 Customer Reviews    Rate Zerodha
Fees 2.4 3.7
Brokerage 2.3 4.3
Trading Platform 3.2 3.6
Customer Service 2.8 3.4
Overall Rating Rated 2.4 stars Rated 3.7 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 172 customer reviews Zerodha is Rated 3.7 / 5 based on 452 customer reviews
Enquire Kotak SecuritiesOpen Zerodha Account

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Zerodha 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.
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 online with Zerodha and start trading today.
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Kotak Securities Vs Zerodha NRI Investment Options

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

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Kotak Securities Vs Zerodha NRI Customer Service

  Kotak Securities Zerodha
Customer Care Number 022 6689 6000, 022 6652 9191 +91 80 4718 1888
Customer Care Email nricustomerservice@kotak.com nridesk@zerodha.com
Enquire Kotak SecuritiesOpen Zerodha Account

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Kotak Securities Vs Zerodha Order Type Offered for NRI Account

  Kotak Securities Zerodha
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

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Kotak Securities Vs Zerodha - NRI Account Advantages and Disadvantages

  Kotak Securities Zerodha
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.
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
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.
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

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 Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Enquire Kotak SecuritiesOpen Zerodha Account

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