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Kotak Securities Vs Aditya Birla Money (Compare Kotak Securities and Aditya Birla Money)

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 Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Know more about Kotak Securities Ltd

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

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Kotak Securities Vs Aditya Birla Money

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.

  Kotak Securities Aditya Birla Money
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 1994
Number of Branches 153 800
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Kotak Securities Vs Aditya Birla Money Charges & AMC

Kotak Securities trading account opening charges is Rs 99 while Aditya Birla Money account opening changes is Rs 750. Kotak Securities Demat Account AMC Charges is Rs 600 and Aditya Birla Money Demat Account AMC Charges is Rs 436.

  Kotak Securities Aditya Birla Money
Trading Account Opening Charges Rs 99 Rs 750
Trading Account AMC Charges Rs 0 Nil
Demat Account Opening Charges Rs 0 (Free) Nil
Demat Account AMC Charges Rs 600 Rs 436

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Kotak Securities Vs Aditya Birla Money Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Aditya Birla Money brokerage charges for equity is 20 and intraday is 20.

Account Type Kotak Securities Trade Free Plan Aditya Birla Money Trade20
Fixed Charges
Equity Delivery 0.25% (Minimum Rs 20 per trade) 20
Equity Intraday Free 20
Equity Futures Delivery: Rs 20 per trade | Intraday: Free 20
Equity Options Delivery: Rs 20 per trade | Intraday: Free 20
Currency Futures Delivery: Rs 20 per trade | Intraday: Free 20
Currency Options Delivery: Rs 20 per trade | Intraday: Free 20
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

Zerodha (Flat Rs 20 Per Trade)

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.

Kotak Securities Vs Aditya Birla Money Brokerage Plan 2

  Kotak Securities Aditya Birla Money
Account Type Dealer Assisted Plan Trade15 (Subscription Rs 999)
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% 15
Equity Intraday 0.039% 15
Equity Futures 0.039% 15
Equity Options Rs 39 per lot 15
Currency Futures Rs 9 per lot 15
Currency Options Rs 5 per lot 15
Commodity Futures 0.039%
Commodity Options Rs 39 per lot
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Kotak Securities Vs Aditya Birla Money Brokerage Plan 3

  Kotak Securities Aditya Birla Money
Account Type Trade Free Plan Trade10 (Subscription Rs 2499)
Fixed Charges
Equity Delivery 0.25% (Minimum Rs 20 per trade) 10
Equity Intraday Free 10
Equity Futures Delivery: Rs 20 per trade | Intraday: Free 10
Equity Options Delivery: Rs 20 per trade | Intraday: Free 10
Currency Futures Delivery: Rs 20 per trade | Intraday: Free 10
Currency Options Delivery: Rs 20 per trade | Intraday: Free 10
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
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Kotak Securities Charges Vs Aditya Birla Money

Minimum Brokerage Rs 21 per executed order Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 50 per call Nil

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Kotak Securities Vs Aditya Birla Money Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Aditya Birla Money exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Kotak Securities Aditya Birla Money
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Kotak Securities Vs Aditya Birla Money Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Aditya Birla Money
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 Kotak Securities and Aditya Birla Money Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.

  Kotak Securities Aditya Birla Money
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Etrade, Advanced web, Mobile invest
Intraday Square-off Time 3:15
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account Insurance and Pension scheme available
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Kotak Securities Vs Aditya Birla Money Review

Kotak Securities is rated 2.4 of 5 based on 197 customer reviews whereas Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews.

  Kotak Securities Aditya Birla Money
  197 Customer Reviews    Rate Kotak Securities 30 Customer Reviews    Rate Aditya Birla Money
Fees 2.4 3.2
Brokerage 2.3 3.2
Trading Platform 3.2 3.3
Customer Service 2.8 2.9
Research Capabilities 2.7 3.7
Overall Ratings Rated 2.4 stars Rated 3.0 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 197 customer reviews Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Aditya Birla Money Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now 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.

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Kotak Securities Vs Aditya Birla Money Investment Options

  Kotak Securities Aditya Birla Money
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds

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Kotak Securities Vs Aditya Birla Money Order Type Offered

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

  Kotak Securities Aditya Birla Money
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 Aditya Birla Money Suitable For Investor Type

  Kotak Securities Aditya Birla Money
Casual Investor Yes Yes
Active Investor Yes
Trader

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Kotak Securities Vs Aditya Birla Money - Pros and Cons

  Kotak Securities Aditya Birla Money
Pros
  • 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.
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
Cons
  • 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.
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews
Promo / Offers

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

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.

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