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

5paisa Vs Kotak Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 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	900	1209
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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 750. 5paisa Demat Account AMC Charges is Rs 540 and Kotak Securities Demat Account AMC Charges is Rs 600.

	5paisa	Kotak Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 750
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 540	Rs 600

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 0.49% and intraday is 0.049% (both side).

	5paisa	Kotak Securities
Account Type	Standard Plan	Fixed Brokerage Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	0.49%
Equity Intraday	Rs 20 per executed order	0.049% (both side)
Equity Futures	Rs 20 per executed order	0.049% (both side)
Equity Options	Rs 20 per executed order	Rs 300 per lot
Currency Futures	Rs 20 per executed order
Currency Options	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order	0.070%
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: 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.

5paisa Vs Kotak Securities Brokerage Plan 2

	5paisa	Kotak Securities
Account Type	Power Investor Pack	Dynamic Brokerage Plan
Fixed Charges	Rs 499 per month
Equity Delivery	Rs 10 per executed order	0.59% to 0.30%
Equity Intraday	Rs 10 per executed order	0.06% to 0.05%
Equity Futures	Rs 10 per executed order	0.07% to 0.05%
Equity Options	Rs 2 per lot	2.5% to 1.8%
Currency Futures	Rs 10 per executed order	0.04% or Rs 20 per lot
Currency Options	Rs 10 per executed order	Rs 20 to Rs 7.5 per lot
Commodity Futures	Rs 10 per executed order
Commodity Options	Rs 10 per executed order
	Open 5paisa Account	Enquire Kotak Securities

5paisa Vs Kotak Securities Brokerage Plan 3

	5paisa	Kotak Securities
Account Type	Ultra Trader Pack	Fixed Brokerage Plan
Fixed Charges	Rs 999 per month
Equity Delivery	Rs 0 (Free)	0.49%
Equity Intraday	Rs 10 per executed order	0.049% (both side)
Equity Futures	Rs 10 per executed order	0.049% (both side)
Equity Options	Rs 2 per executed lot	Rs 300 per lot
Currency Futures	Rs 10 per executed order
Currency Options	Rs 10 per executed order
Commodity Futures	Rs 10 per executed order	0.070%
Commodity Options	Rs 10 per executed order
	Open 5paisa Account	Enquire Kotak Securities

5paisa Charges Vs Kotak Securities

Minimum Brokerage	Rs 20 per trade	Rs 21 per executed order
Other Charges		SMS Alerts at Rs 50 per month
Call & Trade Charges	Rs 100 per call (any number of trades in a call)	Rs 20 per call after first 20 free calls in a month

5paisa Vs Kotak Securities Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Kotak Securities exchange transaction charges for options is NSE: 0.05% on Premium.

	5paisa	Kotak Securities
Equity Delivery	Rs 325 per crore (0.00325%)	NSE: 0.00325%, BSE: 0.00325%
Equity Intraday	Rs 325 per crore (0.00325%)	NSE: 0.00325%, BSE: 0.00325%
Equity Futures	Rs 190 per crore (0.0019%)	NSE: 0.0019%
Equity Options	Rs 5000 per crore (0.05%) (on premium)	NSE: 0.05% on Premium
Currency Futures	Rs 190 per crore (0.0019%)	NSE: 0.0009%, BSE: 0.00022%
Currency Options	Rs 5000 per crore (0.05%) (on premium)	NSE: 0.035%, BSE: 0.001%
Commodity	Grp A: 0.0026%	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
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5paisa Vs Kotak Securities Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Kotak Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	5paisa	Kotak Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Other Features		3-in-1 account
Referral Program
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5paisa Vs Kotak Securities Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 170 customer reviews.

	5paisa	Kotak Securities
	83 Customer Reviews	170 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 83 customer reviews	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews

5paisa Vs Kotak Securities Investment Options

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

5paisa Vs Kotak Securities Order Type Offered

	5paisa	Kotak Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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5paisa Vs Kotak Securities Research Report

	5paisa	Kotak Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs Kotak Securities Suitable For Investor Type

	5paisa	Kotak Securities
Casual Investor
Active Investor
Trader

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.	Offers 3-in-1 Account (trinity account). Kotak Security is a full services broker offering wide range of investment options and research reports. Kotak Securities has extended network of 1400+ branches across India. It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market. Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
Cons	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.	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
Reviews
Promo / Offers	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 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.
	Open 5paisa Account	Enquire Kotak Securities