Compare Articles Reports Glossary Complaints

HDFC Securities Vs Kotak Securities (Compare HDFC Securities and Kotak Securities)

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust...

HDFC Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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 Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

HDFC Securities Vs Kotak Securities

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 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.

	HDFC Securities	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2002	1994
Number of Branches	270	153
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Kotak Securities account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Kotak Securities Demat Account AMC Charges is Rs 600.

	HDFC Securities	Kotak Securities
Trading Account Opening Charges	Rs 999	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 750	Rs 600

HDFC Securities Vs Kotak Securities Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free.

Account Type	HDFC Securities Lite 199 Yearly Subscription Plan	Kotak Securities Trade Free Plan
Fixed Charges	Rs 199 per year
Equity Delivery	0.32%	0.25% (Minimum Rs 20 per trade)
Equity Intraday	0.032%	Free
Equity Futures	Rs 20 per trade	Delivery: Rs 20 per trade \| Intraday: Free
Equity Options	Rs 20 per trade	Delivery: Rs 20 per trade \| Intraday: Free
Currency Futures		Delivery: Rs 20 per trade \| Intraday: Free
Currency Options		Delivery: Rs 20 per trade \| Intraday: Free
Commodity Futures		Delivery: Rs 20 per trade \| Intraday: Free
Commodity Options		Delivery: Rs 20 per trade \| Intraday: Free
Special Offer	Zerodha (Trade with the best stock broker) 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 + Free Account Opening. Open Instant Account Now

HDFC Securities Vs Kotak Securities Brokerage Plan 2

	HDFC Securities	Kotak Securities
Account Type	Alpha 1,999	Dealer Assisted Plan
Fixed Charges	Rs 1999 per year	Rs 499 (One Time)
Equity Delivery	0.18%	0.39%
Equity Intraday	0.018%	0.039%
Equity Futures	Rs 20 per trade	0.039%
Equity Options	Rs 20 per trade	Rs 39 per lot
Currency Futures		Rs 9 per lot
Currency Options		Rs 5 per lot
Commodity Futures		0.039%
Commodity Options		Rs 39 per lot
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Brokerage Plan 3

	HDFC Securities	Kotak Securities
Account Type	Alpha 4999 Yearly Subscription Plan	Trade Free Plan
Fixed Charges	Rs 4,999 per year
Equity Delivery	0.10%	0.25% (Minimum Rs 20 per trade)
Equity Intraday	0.010%	Free
Equity Futures	Rs 20 per trade	Delivery: Rs 20 per trade \| Intraday: Free
Equity Options	Rs 20 per trade	Delivery: Rs 20 per trade \| Intraday: Free
Currency Futures		Delivery: Rs 20 per trade \| Intraday: Free
Currency Options		Delivery: Rs 20 per trade \| Intraday: Free
Commodity Futures		Delivery: Rs 20 per trade \| Intraday: Free
Commodity Options		Delivery: Rs 20 per trade \| Intraday: Free
		Open Kotak Securities Account

HDFC Securities Charges Vs Kotak Securities

Minimum Brokerage	Rs. 25 per order on equity segment	Rs 21 per executed order
Other Charges
Call & Trade Charges	Rs 0	Rs 50 per call

HDFC Securities Vs Kotak Securities Transaction Charges

HDFC Securities transaction charges for options is 0.050% (on premium) while Kotak Securities exchange transaction charges for options is NSE: 0.05% on Premium.

	HDFC Securities	Kotak Securities
Equity Delivery	0.00325%	NSE: 0.00325%, BSE: 0.00325%
Equity Intraday	0.00325%	NSE: 0.00325%, BSE: 0.00325%
Equity Futures	.00190%	NSE: 0.0019%
Equity Options	0.050% (on premium)	NSE: 0.05% on Premium
Currency Futures	0.00110%	NSE: 0.0009%, BSE: 0.00022%
Currency Options	0.040% (on premium)	NSE: 0.035%, BSE: 0.001%
Commodity	NA	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Leverage (Margin)

HDFC Securities 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.

	HDFC Securities	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 Kotak Securities Account

Compare HDFC Securities and Kotak Securities Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	HDFC Securities	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	ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time	3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	E-Margin, ENCASH,	3-in-1 account
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Review

HDFC Securities is rated 2.2 of 5 based on 224 customer reviews whereas Kotak Securities is rated 2.3 of 5 based on 185 customer reviews.

	HDFC Securities	Kotak Securities
	224 Customer Reviews	185 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	HDFC Securities is rated 2.2 of 5 based on 224 customer reviews	Kotak Securities is rated 2.3 of 5 based on 185 customer reviews

Contact Broker / Request A Call Back

	HDFC Securities 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 + Free Account Opening. Open Instant Account Now

HDFC Securities Vs Kotak Securities Investment Options

	HDFC Securities	Kotak Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

HDFC Securities Vs Kotak Securities Order Type Offered

	HDFC Securities	Kotak Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
		Open Kotak Securities Account

HDFC Securities Vs Kotak Securities Research Report

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

HDFC Securities Vs Kotak Securities Suitable For Investor Type

	HDFC Securities	Kotak Securities
Casual Investor
Active Investor
Trader

HDFC Securities Vs Kotak Securities - Pros and Cons

	HDFC Securities	Kotak Securities
Pros	The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.	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	In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank. Very high brokerage charges Charge minimum brokerage of Rs 25	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	Zerodha (India's Best & No. 1 Broker) 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. Open Instant Demat Account Read Reviews	Kotak Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Free Account Opening Brokerage-Free Intraday trading Flat Rs. 20 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now
		Open Kotak Securities Account

Comments

Add a public comment...

Compare HDFC Securities	Compare Kotak Securities
HDFC Securities Vs Zerodha HDFC Securities Vs ICICIdirect HDFC Securities Vs Sharekhan HDFC Securities Vs AxisDirect HDFC Securities Vs Angel One HDFC Securities Vs Motilal Oswal HDFC Securities Vs Groww HDFC Securities Vs Stoxkart HDFC Securities Vs IIFL Securities HDFC Securities Vs SBI Securities HDFC Securities Vs Geojit HDFC Securities Vs Nuvama (Edelweiss) HDFC Securities Vs Espresso Sharekhan HDFC Securities Vs 5paisa HDFC Securities Vs Upstox HDFC Securities Vs Anand Rathi HDFC Securities Vs Aditya Birla Money HDFC Securities Vs SAMCO HDFC Securities Vs Tradingo HDFC Securities Vs IDBI Capital HDFC Securities Vs TradeSmart HDFC Securities Vs SAS Online HDFC Securities Vs Tradeplus HDFC Securities Vs Alice Blue HDFC Securities Vs Fyers HDFC Securities Vs Prostocks HDFC Securities Vs RMoney HDFC Securities Vs Bajaj Financial HDFC Securities Vs Yes Securities HDFC Securities Vs Paytm Money	Kotak Securities Vs Zerodha Kotak Securities Vs ICICIdirect Kotak Securities Vs Sharekhan Kotak Securities Vs AxisDirect Kotak Securities Vs Angel One Kotak Securities Vs Motilal Oswal Kotak Securities Vs Groww Kotak Securities Vs Stoxkart Kotak Securities Vs IIFL Securities Kotak Securities Vs SBI Securities Kotak Securities Vs Geojit Kotak Securities Vs Nuvama (Edelweiss) Kotak Securities Vs Espresso Sharekhan Kotak Securities Vs 5paisa Kotak Securities Vs Upstox Kotak Securities Vs Anand Rathi Kotak Securities Vs Aditya Birla Money Kotak Securities Vs SAMCO Kotak Securities Vs Tradingo Kotak Securities Vs IDBI Capital Kotak Securities Vs TradeSmart Kotak Securities Vs SAS Online Kotak Securities Vs Tradeplus Kotak Securities Vs Alice Blue Kotak Securities Vs Fyers Kotak Securities Vs Prostocks Kotak Securities Vs RMoney Kotak Securities Vs Bajaj Financial Kotak Securities Vs Yes Securities Kotak Securities Vs Paytm Money

Compare HDFC Securities

Compare Kotak Securities

Open Kotak Securities Account