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5paisa Vs Kotak Securities (Compare 5paisa and Kotak Securities)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities Ltd

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5paisa Vs Kotak Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.

  5paisa Kotak Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE BSE, NSE, MCX, NCDEX
Year of Incorporation 1996 1994
Number of Branches 1 153
Open 5paisa AccountOpen Kotak Securities Account

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5paisa Vs Kotak Securities Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 99. 5paisa Demat Account AMC Charges is Rs 300 and Kotak Securities Demat Account AMC Charges is Rs 600.

  5paisa Kotak Securities
Trading Account Opening Charges Rs 0 (Free) Rs 99
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 600

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5paisa Vs Kotak Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free.

Account Type 5paisa Regular Account Plan Kotak Securities Trade Free Plan
Fixed Charges NA
Equity Delivery Rs 20 per executed order 0.25% (Minimum Rs 20 per trade)
Equity Intraday Rs 20 per executed order Free
Equity Futures Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Currency Futures Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Currency Options Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Rs 20 per executed order Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

5paisa Vs Kotak Securities Brokerage Plan 2

  5paisa Kotak Securities
Account Type Power Investor Pack Dealer Assisted Plan
Fixed Charges Rs 599 per month Rs 499 (One Time)
Equity Delivery Rs 10 per executed order 0.39%
Equity Intraday Rs 10 per executed order 0.039%
Equity Futures Rs 10 per executed order 0.039%
Equity Options Rs 10 per executed order Rs 39 per lot
Currency Futures Rs 10 per executed order Rs 9 per lot
Currency Options Rs 10 per executed order Rs 5 per lot
Commodity Futures Rs 10 per executed order 0.039%
Commodity Options Rs 10 per executed order Rs 39 per lot
Open 5paisa AccountOpen Kotak Securities Account

5paisa Vs Kotak Securities Brokerage Plan 3

  5paisa Kotak Securities
Account Type Ultra Trader Pack Trade Free Plan
Fixed Charges Rs 1199 per month
Equity Delivery Rs 10 per executed order 0.25% (Minimum Rs 20 per trade)
Equity Intraday Rs 10 per executed order Free
Equity Futures Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Currency Futures Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Currency Options Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Rs 10 per executed order Delivery: Rs 20 per trade | Intraday: Free
Open 5paisa AccountOpen Kotak Securities Account

5paisa Charges Vs Kotak Securities

Minimum Brokerage Rs 20 per trade Rs 21 per executed order
Other Charges
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 50 per call

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5paisa Vs Kotak Securities Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Kotak Securities exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  5paisa Kotak Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026% MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
Open 5paisa AccountOpen Kotak Securities Account

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5paisa Vs Kotak Securities Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa Kotak Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open 5paisa AccountOpen Kotak Securities Account

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Compare 5paisa and Kotak Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

  5paisa Kotak Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes No
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features 3-in-1 account
Open 5paisa AccountOpen Kotak Securities Account

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5paisa Vs Kotak Securities Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 196 customer reviews.

  5paisa Kotak Securities
  94 Customer Reviews    Rate 5paisa 196 Customer Reviews    Rate Kotak Securities
Fees 2.9 2.4
Brokerage 3.5 2.3
Trading Platform 2.7 3.2
Customer Service 2.1 2.8
Research Capabilities 2.4 2.7
Overall Ratings Rated 2.6 stars Rated 2.4 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews Kotak Securities is rated 2.4 of 5 based on 196 customer reviews

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Contact Broker / Request A Call Back

  5paisa Enquire Kotak Securities Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

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5paisa Vs Kotak Securities Investment Options

  5paisa Kotak Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance

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5paisa Vs Kotak Securities Order Type Offered

  5paisa Kotak Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open 5paisa AccountOpen Kotak Securities Account

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5paisa Vs Kotak Securities Research Report

  5paisa Kotak Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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5paisa Vs Kotak Securities Suitable For Investor Type

  5paisa Kotak Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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5paisa Vs Kotak Securities - Pros and Cons

  5paisa Kotak Securities
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
Reviews
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Open 5paisa AccountOpen Kotak Securities Account

1 Comments

1. Bijender Sharma   I Like It. |Report Abuse|  Link|January 23, 2024 6:02:03 AMReply
I have account with Kotak securities from 2004 to 2014 and from 2014 to till date with 5 Paisa . Brokerage of Kotak is higher than 5paisa.Customer serive and reports of Kotak securities are excellent and clear where 5paisa reports are very poor I.e.No DMat statements are sent co clients,Contract note are confusing and hidden calculations of Transaction Charges,STT,SEBI Charges.You can not find actual cost of portfolio holdings .Where Kotak securities provide portfolio tracker rate of purchase and separate Charges in detail.

Compare 5paisa Compare Kotak Securities
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