Geojit Vs Kotak Securities (Compare Geojit and Kotak Securities)

Geojit Vs Kotak Securities

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 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.

	Geojit	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX-SX	BSE, NSE, MCX, NCDEX
Account Type	Online Trading	Fixed Brokerage Plan
Year of Incorporation	1987	1994
Number of Branches	509	1209
Broker Enquiry
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Geojit Vs Kotak Securities Charges & AMC

Geojit trading account opening charges is ₹425 while Kotak Securities account opening changes is ₹750. Geojit Demat Account AMC Charges is ₹0 and Kotak Securities Demat Account AMC Charges is ₹600.

	Geojit	Kotak Securities
Trading Account Opening Charges	₹425	₹750
Trading Account AMC Charges	NIL	₹0
Demat Account Opening Charges	NIL	₹0
Demat Account AMC Charges	₹0	₹600

Geojit Vs Kotak Securities Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side).

	Geojit	Kotak Securities
Account Type	Online Trading	Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	0.49%
Equity Intraday Brokerage	0.03%	0.049% (both side)
Equity Futures Brokerage	0.03%	0.049% (both side)
Equity Options Brokerage	₹125 per contract	₹300 per lot
Currency Futures Trading Brokerage	0.03%
Currency Options Trading Brokerage	₹125 per contract
Commodity Futures Trading Brokerage	NA	0.070%
Commodity Options Trading Brokerage	NA
Special Offer		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.

Geojit Vs Kotak Securities Brokerage Plan 2

	Geojit	Kotak Securities
Account Type	Online Trading	Dynamic Brokerage Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	0.59% to 0.30%
Equity Intraday Brokerage	0.03%	0.06% to 0.05%
Equity Futures Brokerage	0.03%	0.07% to 0.05%
Equity Options Brokerage	₹125 per contract	2.5% to 1.8%
Currency Futures Trading Brokerage	0.03%	0.04% or ₹20 per lot
Currency Options Trading Brokerage	₹125 per contract	₹20 to ₹7.5 per lot
Commodity Futures Trading Brokerage	NA
Commodity Options Trading Brokerage	NA
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Geojit Charges Vs Kotak Securities

Minimum Brokerage Charges	1p per share or ₹20/contract whichever is higher	₹21 per executed order
Other Brokerage Charges		SMS Alerts at ₹50 per month
Call & Trade Charges		₹20 per call after first 20 free calls in a month

Geojit Vs Kotak Securities Transaction Charges

Geojit transaction charges for options is ₹5500 per Cr (0.05%) while Kotak Securities exchange transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options).

	Geojit	Kotak Securities
Equity Delivery	₹325 per Cr (0.00325%)	0.1% (Buy and Sell)
Equity Intraday	₹325 per Cr (0.00325%)	0.025% (on Sell trade)
Equity Futures	₹210 per Cr (0.0021%)	0.01% (on Sell trade)
Equity Options	₹5500 per Cr (0.05%)	0.05% (on Sell trade premium) or 0.125% (on options)
Currency Futures	₹145 per Cr (0.00145%)	NA
Currency Options	₹4730 per Cr (0.0473%) on premium	NA
Commodity	NA	0.01% on sell side
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Geojit Vs Kotak Securities Leverage (Margin)

Geojit provides the margin of Upto 10x for intraday trades whereas the Kotak Securities margin for intraday cash is 50 times.

	Geojit	Kotak Securities
Equity Delivery	Upto 7x with 22% interest per year	1x (no margin)
Equity Intraday	Upto 10x	50 times
Equity Futures	No additional leverage	12 to 15 times
Equity Options	No additional leverage	Selling: 200 times | Buying: 10 times
Currency Futures	No additional leverage	NA
Currency Options	No additional leverage	NA
Commodity Futures	NA	NA
Commodity Options
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Compare Geojit and Kotak Securities Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	Geojit	Kotak Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Selfie Platinum, Selfie Gold, Mobile App	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time
Other Features		3-in-1 account
Referral Program
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Geojit Vs Kotak Securities Review

Geojit is rated 3.8 of 5 based on 98 customer reviews whereas Kotak Securities is rated 2.5 of 5 based on 155 customer reviews.

	Geojit	Kotak Securities
	98 Customer Reviews	155 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.8 of 5 based on 98 customer reviews	Kotak Securities is rated 2.5 of 5 based on 155 customer reviews

Geojit Vs Kotak Securities Investment Options

	Geojit	Kotak Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Geojit Vs Kotak Securities Order Type Offered

	Geojit	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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Geojit Vs Kotak Securities Research Report

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

Geojit Vs Kotak Securities Suitable For Investor Type

	Geojit	Kotak Securities
Casual Investor
Active Investor
Trader

Geojit Vs Kotak Securities - Pros and Cons

	Geojit	Kotak Securities
Pros		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	1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher.	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		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.
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