Kotak Securities Vs Achiievers (Compare Kotak Securities and Achiievers)


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


Achiievers
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con... Know more about Achiievers Equities Ltd

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Kotak Securities Vs Achiievers

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India.

  Kotak Securities Achiievers
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE, BSE and MCX
Year of Incorporation 1994 2012
Number of Branches 1209 1
Open an Online Trading Account with Kotak Securities.Open an Online Trading Account with Achiievers.
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Kotak Securities Vs Achiievers Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Achiievers account opening changes is Rs 150. Kotak Securities Demat Account AMC Charges is Rs 600 and Achiievers Demat Account AMC Charges is Rs 400.

  Kotak Securities Achiievers
Trading Account Opening Charges Rs 750 Rs 150
Trading Account AMC Charges Rs 0 Nil
Demat Account Opening Charges Rs 0 Nil
Demat Account AMC Charges Rs 600 Rs 400
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Kotak Securities Vs Achiievers Brokerage Charges & Plans

Kotak Securities Vs Achiievers Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15.

  Kotak Securities Achiievers
Account Type Fixed Brokerage Plan Flat Fee Plan
Fixed Charges NA
Equity Delivery 0.49% Rs 15
Equity Intraday 0.049% (both side) Rs 15
Equity Futures 0.049% (both side) Rs 15
Equity Options Rs 300 per lot Rs 15
Currency Futures Rs 15
Currency Options Rs 15
Commodity Futures 0.070% Rs 15
Commodity Options
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.

Kotak Securities Vs Achiievers Brokerage Plan 2

  Kotak Securities Achiievers
Account Type Dynamic Brokerage Plan Mega Value Plan
Fixed Charges Rs 750 (Per Segment)
Equity Delivery 0.59% to 0.30% Rs 1 per executed order
Equity Intraday 0.06% to 0.05% Rs 1 per executed order
Equity Futures 0.07% to 0.05% Rs 1 per executed order
Equity Options 2.5% to 1.8% Rs 1 per executed order
Currency Futures 0.04% or Rs 20 per lot Rs 1 per executed order
Currency Options Rs 20 to Rs 7.5 per lot Rs 1 per executed order
Commodity Futures Rs 1 per executed order
Commodity Options Rs 1 per executed order
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Kotak Securities Vs Achiievers Brokerage Plan 3

  Kotak Securities Achiievers
Account Type Fixed Brokerage Plan Per Day Plan
Fixed Charges Rs 50 per day (each segment)
Equity Delivery 0.49% Rs 1 per executed order
Equity Intraday 0.049% (both side) Rs 1 per executed order
Equity Futures 0.049% (both side) Rs 1 per executed order
Equity Options Rs 300 per lot Rs 1 per executed order
Currency Futures Rs 1 per executed order
Currency Options Rs 1 per executed order
Commodity Futures 0.070% Rs 1 per executed order
Commodity Options Rs 1 per executed order
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Kotak Securities Charges Vs Achiievers

Minimum Brokerage Rs 21 per executed order Rs 15
Other Charges SMS Alerts at Rs 50 per month
Call & Trade Charges Rs 20 per call after first 20 free calls in a month Rs 20 per trade
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Kotak Securities Vs Achiievers Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Achiievers exchange transaction charges for options is Rs 7500 per Cr (0.075%).

  Kotak Securities Achiievers
Equity Delivery NSE: 0.00325%, BSE: 0.00325% Rs 350 per Cr (0.0035%)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% Rs 350 per Cr (0.0035%)
Equity Futures NSE: 0.0019% Rs 390 per Cr (0.0039%)
Equity Options NSE: 0.05% on Premium Rs 7500 per Cr (0.075%)
Currency Futures NSE: 0.0009%, BSE: 0.00022% Rs 175 per Cr (0.00175%)
Currency Options NSE: 0.035%, BSE: 0.001% Rs 6500 per Cr (0.065%)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)
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Kotak Securities Vs Achiievers Leverage (Margin)

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

  Kotak Securities Achiievers
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 Kotak Securities and Achiievers Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Achiievers offers NOW Online, NOW Trader trading software.

  Kotak Securities Achiievers
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite NOW Online, NOW Trader
Intraday Square-off Time 3:15 PM
Other Features 3-in-1 account
Referral Program Yes
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Kotak Securities Vs Achiievers Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas Achiievers is rated 4.6 of 5 based on 5 customer reviews.

  Kotak Securities Achiievers
  170 Customer Reviews    Rate Kotak Securities 5 Customer Reviews    Rate Achiievers
Fees 2.4 4.6
Brokerage 2.3 5.0
Trading Platform 3.3 4.2
Customer Service 2.8 4.2
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.4 stars Rated 4.6 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 170 customer reviews Achiievers is rated 4.6 of 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Achiievers Enquire
Contact Broker 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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Kotak Securities Vs Achiievers Investment Options

  Kotak Securities Achiievers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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Kotak Securities Vs Achiievers Order Type Offered

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

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

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

  Kotak Securities Achiievers
Pros
  • 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.
  1. MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX.
  2. Rs 50 per day plan and Rs 15 per trade plan is also available.
  3. Trading Software's including website, mobile app and installable trading terminals are available for free.
  4. No minimum brokerage.
  5. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • Call and trade facility available with additional charges of Rs 20 per trade.
  • They charge Rs 75 per month for Research recommendation on SMS.
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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