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

IDBI Capital Markets and Securities Ltd Logo

IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and 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

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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 153 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 14 153
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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 0 (Free). 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 0 (Free)
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 450 Rs 600

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

Account Type IDBI Capital Standard Plan Kotak Securities Trade Free Plan
Fixed Charges
Equity Delivery 0.50% 0.25% (Minimum Rs 20 per trade)
Equity Intraday 0.05% Free
Equity Futures 0.05% Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 100 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Futures NA Delivery: Rs 20 per trade | Intraday: Free
Currency Options NA 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 (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

IDBI Capital Vs Kotak Securities Brokerage Plan 2

  IDBI Capital Kotak Securities
Account Type Ace Trader Plan Dealer Assisted Plan
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.10% to 0.50% 0.39%
Equity Intraday 0.020% to 0.050% 0.039%
Equity Futures 0.020% to 0.048% 0.039%
Equity Options Rs 100 per lot 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
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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
Call & Trade Charges Nil Rs 50 per call

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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 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.

  IDBI Capital 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 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 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) Yes No
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
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide 3-in-1 account
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IDBI Capital Vs Kotak Securities Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 183 customer reviews.

  IDBI Capital Kotak Securities
  41 Customer Reviews    Rate IDBI Capital 183 Customer Reviews    Rate Kotak Securities
Fees 3.2 2.4
Brokerage 2.5 2.3
Trading Platform 2.6 3.2
Customer Service 2.8 2.8
Research Capabilities 2.5 2.5
Overall Ratings Rated 2.6 stars Rated 2.4 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Kotak Securities is rated 2.4 of 5 based on 183 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital 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

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IDBI Capital Vs Kotak Securities Investment Options

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

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IDBI Capital Vs Kotak Securities Order Type Offered

  IDBI Capital 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) No Yes
Good Till Cancelled (GTC) Yes Yes
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IDBI Capital Vs Kotak Securities Research Report

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

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IDBI Capital Vs Kotak Securities Suitable For Investor Type

  IDBI Capital Kotak Securities
Casual Investor Yes Yes
Active Investor Yes
Trader

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IDBI Capital Vs Kotak Securities - Pros and Cons

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

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