IDBI Capital Vs Kotak Securities (Compare IDBI Capital and Kotak Securities)

IDBI Capital Vs Kotak Securities

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

	IDBI Capital	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, NSDL	BSE, NSE, MCX, NCDEX
Year of Incorporation	1993	1994
Number of Branches	14	1209
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IDBI Capital Vs Kotak Securities Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Kotak Securities account opening changes is Rs 750. IDBI Capital Demat Account AMC Charges is Rs 450 and Kotak Securities Demat Account AMC Charges is Rs 600.

	IDBI Capital	Kotak Securities
Trading Account Opening Charges	Rs 500	Rs 750
Trading Account AMC Charges	NIL	Rs 0
Demat Account Opening Charges	NIL	Rs 0
Demat Account AMC Charges	Rs 450	Rs 600

IDBI Capital Vs Kotak Securities Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side).

	IDBI Capital	Kotak Securities
Account Type	Standard Plan	Fixed Brokerage Plan
Fixed Charges
Equity Delivery	0.50%	0.49%
Equity Intraday	0.05%	0.049% (both side)
Equity Futures	0.05%	0.049% (both side)
Equity Options	Rs 100 per lot	Rs 300 per lot
Currency Futures	NA
Currency Options	NA
Commodity Futures	NA	0.070%
Commodity Options	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.

IDBI Capital Vs Kotak Securities Brokerage Plan 2

	IDBI Capital	Kotak Securities
Account Type	Ace Trader Plan	Dynamic Brokerage Plan
Fixed Charges
Equity Delivery	0.10% to 0.50%	0.59% to 0.30%
Equity Intraday	0.020% to 0.050%	0.06% to 0.05%
Equity Futures	0.020% to 0.048%	0.07% to 0.05%
Equity Options	Rs 100 per lot	2.5% to 1.8%
Currency Futures		0.04% or Rs 20 per lot
Currency Options		Rs 20 to Rs 7.5 per lot
Commodity Futures
Commodity Options
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IDBI Capital Charges Vs Kotak Securities

Minimum Brokerage	Rs 25 per trade or 2.5% of the trade value whichever is lower.	Rs 21 per executed order
Other Charges		SMS Alerts at Rs 50 per month
Call & Trade Charges	Nil	Rs 20 per call after first 20 free calls in a month

IDBI Capital Vs Kotak Securities Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Kotak Securities exchange transaction charges for options is NSE: 0.05% on Premium.

	IDBI Capital	Kotak Securities
Equity Delivery	0.00325%	NSE: 0.00325%, BSE: 0.00325%
Equity Intraday	0.00325%	NSE: 0.00325%, BSE: 0.00325%
Equity Futures	0.0019%	NSE: 0.0019%
Equity Options	0.051% on premium	NSE: 0.05% on Premium
Currency Futures	NA	NSE: 0.0009%, BSE: 0.00022%
Currency Options	NA	NSE: 0.035%, BSE: 0.001%
Commodity	NA	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
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IDBI Capital Vs Kotak Securities Leverage (Margin)

IDBI Capital margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Kotak Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	IDBI Capital	Kotak Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare IDBI Capital and Kotak Securities Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	IDBI Capital	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	Power Pro, Power Streaming, IDBI Direct	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time	3:00 PM
Other Features	Morning Report, Equity SIP, Investment Guide	3-in-1 account
Referral Program
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IDBI Capital Vs Kotak Securities Review

IDBI Capital is rated 2.7 of 5 based on 40 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 170 customer reviews.

	IDBI Capital	Kotak Securities
	40 Customer Reviews	170 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.7 of 5 based on 40 customer reviews	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews

IDBI Capital Vs Kotak Securities Investment Options

	IDBI Capital	Kotak Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

IDBI Capital Vs Kotak Securities Order Type Offered

	IDBI Capital	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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IDBI Capital Vs Kotak Securities Research Report

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

IDBI Capital Vs Kotak Securities Suitable For Investor Type

	IDBI Capital	Kotak Securities
Casual Investor
Active Investor
Trader

IDBI Capital Vs Kotak Securities - Pros and Cons

	IDBI Capital	Kotak Securities
Pros	- Prepaid plans are available for volume traders.	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	- Additional charge of Rs 2000 per year for installable trading platform.	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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