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IDBI Capital Vs Kotak Securities Share Broker Comparison

The side-by-side comparison of IDBI Capital Markets and Securities Ltd and Kotak Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between IDBI Capital and Kotak Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among IDBI Capital and Kotak Securities.

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
 
IDBI Capital Markets and Securities Ltd Logo Kotak Securities Ltd Logo
About the Broker 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 Part... Know more about IDBI Capital Markets and Securities Ltd 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 cu... Know more about Kotak Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, NSDL BSE, NSE, MCX, NCDEX
Account Type Paisa Power Classic Fixed Brokerage Plan
Broker Enquiry Open an Online Trading Account with IDBI Capital. 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.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Trading Account Opening Fees Rs 500 ₹750
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC Rs 450 ₹600
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Account Type Paisa Power Classic Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.49%
Equity Intraday Brokerage 0.05% 0.049% (both side)
Equity Futures Brokerage 0.05% 0.049% (both side)
Equity Options Brokerage Rs 100 per lot ₹300 per lot
Currency Futures Trading Brokerage NA
Currency Options Trading Brokerage NA
Commodity Futures Trading Brokerage NA 0.070%
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Account Type Paisa Power Classic Dynamic Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.59% to 0.30%
Equity Intraday Brokerage 0.05% 0.06% to 0.05%
Equity Futures Brokerage 0.05% 0.07% to 0.05%
Equity Options Brokerage Rs 100 per lot 2.5% to 1.8%
Currency Futures Trading Brokerage NA 0.04% or Rs 20 per lot
Currency Options Trading Brokerage NA Rs 20 to Rs 7.5 per lot
Commodity Futures Trading Brokerage NA
Commodity Options Trading Brokerage NA

Other Charges

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

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Equity Delivery 0.00325% 0.1% (Buy and Sell)
Equity Intraday 0.00325% 0.025% (on Sell trade)
Equity Futures 0.0019% 0.01% (on Sell trade)
Equity Options 0.051% on premium 0.05% (on Sell trade premium) or 0.125% (on options)
Currency Futures NA NA
Currency Options NA NA
Commodity NA 0.01% on sell side
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Exposure

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Equity Delivery Nil 1x (no margin)
Equity Intraday Upto 4x 50 times
Equity Futures Nil 12 to 15 times
Equity Options Nil Selling: 200 times | Buying: 10 times
Currency Futures Nil NA
Currency Options Nil NA
Commodity Nil NA
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Share Broker Features

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
3 in 1 Account Yes Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) 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
Other Features Morning Report, Equity SIP, Investment Guide 3-in-1 account
Referral Program
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Broker Ratings (Average User Rating)

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
  37 Customer Reviews    Rate IDBI Capital 135 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.2 2.5
Trading Brokerage Rating 2.6 2.4
Trading Platform Usability 2.6 3.4
Customer Service Ratings 2.9 3.0
Overall Ratings Rated 2.8 stars Rated 2.6 stars
Broker Rating IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Contact / Request Call Back
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Investment Options Available

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options
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Customer Service Offered

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
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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Research / Tips / Reports Published

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Casual Investor Yes Yes
Active Investor Yes
Trader

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Pros, Cons and Other Review Comments

  IDBI Capital Markets and Securities Ltd Kotak Securities Ltd
Pros - Prepaid plans are available for volume traders.

More Advantages...

  • 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.

More Advantages...

Cons - Additional charge of Rs 2000 per year for installable trading platform.

More Disadvantages...

  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

More Disadvantages...

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.

Enquire about IDBI Capital Enquire about Kotak Securities
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