Chittorgarh.com Logo
Loading...

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

HDFC Securities Ltd Logo

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... Know more about HDFC Securities 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 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 ... Know more about Kotak Securities Ltd

Expand

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

Expand

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

Expand

HDFC Securities Vs Kotak Securities Brokerage

HDFC Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free.

Account Type HDFC Securities Lite Zero Plan Kotak Securities Trade Free Plan
Fixed Charges NA
Equity Delivery 0.50% 0.25% or Rs 20 whichever is higher
Equity Intraday 0.05% 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.

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.

HDFC Securities Vs Kotak Securities Brokerage Plan 2

  HDFC Securities Kotak Securities
Account Type Lite 199 Yearly Subscription Plan Dealer Assisted Plan
Fixed Charges Rs 199 per year Rs 499 (One Time)
Equity Delivery 0.32% 0.39%
Equity Intraday 0.032% 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

HDFC Securities Vs Kotak Securities Brokerage Plan 3

  HDFC Securities Kotak Securities
Account Type Alpha+ 5999 Yearly Subscription Plan Trade Free Plan
Fixed Charges Rs 5,999 per year
Equity Delivery 0.10% 0.25% or Rs 20 whichever is higher
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

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

Expand

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%

Expand

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)

Expand

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 Yes Yes
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No No
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

Expand

HDFC Securities Vs Kotak Securities Review

HDFC Securities is rated 2.1 of 5 based on 220 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 178 customer reviews.

  HDFC Securities Kotak Securities
  220 Customer Reviews    Rate HDFC Securities 178 Customer Reviews    Rate Kotak Securities
Fees 2.1 2.4
Brokerage 1.8 2.3
Trading Platform 2.9 3.2
Customer Service 2.5 2.8
Research Capabilities 2.7 2.4
Overall Ratings Rated 2.1 stars Rated 2.4 stars
Broker Rating HDFC Securities is rated 2.1 of 5 based on 220 customer reviews Kotak Securities is rated 2.4 of 5 based on 178 customer reviews

Expand

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. 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.

Expand

HDFC Securities Vs Kotak Securities Investment Options

  HDFC Securities 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 Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

Expand

HDFC Securities Vs Kotak Securities Order Type Offered

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

Expand

HDFC Securities Vs Kotak Securities Research Report

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

Expand

HDFC Securities Vs Kotak Securities Suitable For Investor Type

  HDFC Securities Kotak Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

Expand

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

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

Comments

Add a public comment...

Compare HDFC Securities Compare Kotak Securities
Compare More Brokers: