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Geojit Vs Kotak Securities (Compare Geojit and Kotak Securities)

Geojit BNP Paribas Logo

About Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit BNP Paribas

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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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 153 branches across India.

  Geojit Kotak Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX
Year of Incorporation 1987 1994
Number of Branches 509 153
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Geojit Vs Kotak Securities Charges & AMC

Geojit trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 99. Geojit Demat Account AMC Charges is Rs 400 per year and Kotak Securities Demat Account AMC Charges is Rs 600.

  Geojit 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 400 per year Rs 600

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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 0.25% (Minimum Rs 20 per trade) and intraday is Free.

Account Type Geojit Online Traditional Plan Kotak Securities Trade Free Plan
Fixed Charges
Equity Delivery 0.30% 0.25% (Minimum Rs 20 per trade)
Equity Intraday 0.03% Free
Equity Futures 0.01% Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 50 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Futures 0.01% Delivery: Rs 20 per trade | Intraday: Free
Currency Options Rs 50 per lot Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures NA Delivery: Rs 20 per trade | Intraday: Free
Commodity Options NA Delivery: Rs 20 per trade | Intraday: Free
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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.

Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

Geojit Vs Kotak Securities Brokerage Plan 2

  Geojit Kotak Securities
Account Type GTrade Max Dealer Assisted Plan
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.30% 0.39%
Equity Intraday Rs 20 per trade or 0.03% which is lower 0.039%
Equity Futures Rs 40 per lot 0.039%
Equity Options Rs 20 per lot Rs 39 per lot
Currency Futures Rs 40 per lot Rs 9 per lot
Currency Options Rs 20 per lot Rs 5 per lot
Commodity Futures NA 0.039%
Commodity Options NA Rs 39 per lot
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Geojit Charges Vs Kotak Securities

Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 21 per executed order
Other Charges Intraday Auto Square off at Rs 20 per lot
Call & Trade Charges Rs 50 per call

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Geojit Vs Kotak Securities Transaction Charges

Geojit transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

  Geojit Kotak Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX
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Geojit Vs Kotak Securities Leverage (Margin)

Geojit 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.

  Geojit 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)
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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 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
Margin Against Shares (Equity F&O) No
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
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Geojit Vs Kotak Securities Review

Geojit is rated 3.6 of 5 based on 110 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 197 customer reviews.

  Geojit Kotak Securities
  110 Customer Reviews    Rate Geojit 197 Customer Reviews    Rate Kotak Securities
Fees 3.5 2.4
Brokerage 3.2 2.3
Trading Platform 3.9 3.2
Customer Service 3.7 2.8
Research Capabilities 2.9 2.7
Overall Ratings Rated 3.6 stars Rated 2.4 stars
Broker Rating Geojit is rated 3.6 of 5 based on 110 customer reviews Kotak Securities is rated 2.4 of 5 based on 197 customer reviews

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Contact Broker / Request A Call Back

  Geojit Enquire Kotak Securities 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. Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

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Geojit Vs Kotak Securities Investment Options

  Geojit Kotak Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

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Geojit Vs Kotak Securities Order Type Offered

  Geojit Kotak Securities
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Geojit Vs Kotak Securities Research Report

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

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Geojit Vs Kotak Securities Suitable For Investor Type

  Geojit Kotak Securities
Casual Investor Yes
Active Investor Yes Yes
Trader

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Geojit Vs Kotak Securities - Pros and Cons

  Geojit Kotak Securities
Pros
  • Free research and ecommendations.
  • Free account opening.
  • Rs 20 per trade Intraday trading brokerage in GTrade Max plan.
  • 4 times exposure through MTF
  • Access to 472 branches for customer support.
  • Offices in UAE, Oman, Bahrain and Kuwait to help NRI investors.
  • Excellent online trading platforms.
  • 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
  • High brokerage charges across all segment in comparision to other full-service brokers like Angel Broking, IIFL and Edelseiss.
  • High minimum brokerage charges of Rs 20 per lot or 1 paisa per share whichever is higher.
  • 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.
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Promo / Offers

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  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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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

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