ICICI Direct Vs Kotak Securities (Compare ICICI Direct and Kotak Securities)

The side-by-side comparison of ICICI Direct and Kotak Securities. Compare ICICI Direct Vs Kotak Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Kotak Securities?


ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 20 lakhs customers through ICICI Direct (ICICIDirect.com). ICICIDirect.com is the flags... Know more about ICICI Securities Pvt Ltd.


Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak Securities Ltd

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ICICI Direct Vs Kotak Securities

Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 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.

  ICICI Direct Kotak Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE BSE, NSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Fixed Brokerage Plan
Year of Incorporation 2000 1994
Number of Branches 154 1209
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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ICICI Direct Vs Kotak Securities Charges & AMC

ICICI Direct trading account opening charges is ₹0 while Kotak Securities account opening changes is ₹750. ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and Kotak Securities Demat Account AMC Charges is ₹600.

  ICICI Direct Kotak Securities
Trading Account Opening Charges ₹0 ₹750
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹700 (from 2nd year) ₹600
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ICICI Direct Vs Kotak Securities Brokerage Charges & Plans

ICICI Direct Vs Kotak Securities Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side).

  ICICI Direct Kotak Securities
Account Type 3-in-1 Account (I-Secure Plan) Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.55% 0.49%
Equity Intraday Brokerage 0.275% 0.049% (both side)
Equity Futures Brokerage 0.05% to 0.03% 0.049% (both side)
Equity Options Brokerage ₹95 to ₹35 per lot ₹300 per lot
Currency Futures Trading Brokerage 0.050% to 0.030%
Currency Options Trading Brokerage ₹25 to ₹10 per lot
Commodity Futures Trading Brokerage NA 0.070%
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.
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.

ICICI Direct Vs Kotak Securities Brokerage Plan 2

  ICICI Direct Kotak Securities
Account Type I-Saver Plan Dynamic Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.75% to 0.25% 0.59% to 0.30%
Equity Intraday Brokerage 0.75% to 0.25% 0.06% to 0.05%
Equity Futures Brokerage 0.05% to 0.03% 0.07% to 0.05%
Equity Options Brokerage ₹95 to ₹65 per lot 2.5% to 1.8%
Currency Futures Trading Brokerage 0.05% to 0.03% 0.04% or ₹20 per lot
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹20 to ₹7.5 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA
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ICICI Direct Vs Kotak Securities Brokerage Plan 3

  ICICI Direct Kotak Securities
Account Type ICICIdirect Prime Plan Fixed Brokerage Plan
Fixed Charges ₹900
Equity Delivery Brokerage 0.25% 0.49%
Equity Intraday Brokerage 0.25% 0.049% (both side)
Equity Futures Brokerage 0.025% 0.049% (both side)
Equity Options Brokerage ₹35 ₹300 per lot
Currency Futures Trading Brokerage ₹0
Currency Options Trading Brokerage ₹0
Commodity Futures Trading Brokerage NA 0.070%
Commodity Options Trading Brokerage NA
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ICICI Direct Charges Vs Kotak Securities

Minimum Brokerage Charges ₹35 per trade ₹21 per executed order
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per call after first 20 free calls in a month
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ICICI Direct Vs Kotak Securities Transaction Charges

ICICI Direct transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Kotak Securities exchange transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options).

  ICICI Direct Kotak Securities
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) 0.1% (Buy and Sell)
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) 0.025% (on Sell trade)
Equity Futures ₹180 per Cr (0.0018%) 0.01% (on Sell trade)
Equity Options ₹5000 per Cr (0.05%) (on premium) 0.05% (on Sell trade premium) or 0.125% (on options)
Currency Futures ₹120 per Cr (0.0012%) NA
Currency Options ₹5000 per Cr (0.05%) (on premium) NA
Commodity NA 0.01% on sell side
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ICICI Direct Vs Kotak Securities Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Kotak Securities margin for intraday cash is 50 times.

  ICICI Direct Kotak Securities
Equity Delivery 5x with Interest 1x (no margin)
Equity Intraday Upto 25x 50 times
Equity Futures 4x 12 to 15 times
Equity Options 2x for shorting Selling: 200 times | Buying: 10 times
Currency Futures NA NA
Currency Options NA NA
Commodity Futures NA NA
Commodity Options
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Compare ICICI Direct and Kotak Securities Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

  ICICI Direct Kotak Securities
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes No
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader 3-in-1 account
Referral Program
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ICICI Direct Vs Kotak Securities Review

ICICI Direct is rated 2.4 of 5 based on 428 customer reviews whereas Kotak Securities is rated 2.5 of 5 based on 158 customer reviews.

  ICICI Direct Kotak Securities
  428 Customer Reviews    Rate ICICI Direct 158 Customer Reviews    Rate Kotak Securities
Fees 2.3 2.4
Trading Brokerage 1.7 2.3
Trading Platform Usability 3.4 3.3
Customer Service 2.7 2.9
Research Capabilities 3.1 2.6
Overall Ratings Rated 2.4 stars Rated 2.5 stars
Broker Rating ICICI Direct is rated 2.4 of 5 based on 428 customer reviews Kotak Securities is rated 2.5 of 5 based on 158 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Kotak Securities Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

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.

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ICICI Direct Vs Kotak Securities Investment Options

  ICICI Direct Kotak Securities
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS
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ICICI Direct Vs Kotak Securities Order Type Offered

  ICICI Direct Kotak Securities
Bracket Order No 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
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ICICI Direct Vs Kotak Securities Research Report

  ICICI Direct Kotak Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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ICICI Direct Vs Kotak Securities Suitable For Investor Type

  ICICI Direct Kotak Securities
Casual Investor Yes Yes
Active Investor Yes
Trader
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ICICI Direct Vs Kotak Securities - Pros and Cons

  ICICI Direct Kotak Securities
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
  • 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
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.
  • 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

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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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ICICI Direct Kotak Securities
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