Kotak Securities Vs Achiievers (Compare Kotak Securities and Achiievers)

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
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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

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

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
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	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
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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	5 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

Kotak Securities Vs Achiievers Investment Options

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

Kotak Securities Vs Achiievers Order Type Offered

	Kotak Securities	Achiievers
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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Kotak Securities Vs Achiievers Research Report

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

Kotak Securities Vs Achiievers Suitable For Investor Type

	Kotak Securities	Achiievers
Casual Investor
Active Investor
Trader

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.	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. 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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