Kotak Securities Vs Alice Blue Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and Alice Blue Financial Services stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and Alice Blue'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 Kotak Securities and Alice Blue.
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Kotak Securities Ltd |
Alice Blue Financial Services |
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| About the Broker |
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...  |
Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX |
| Account Type
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Fixed Brokerage Plan |
F20 |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Trading Account Opening Fees
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₹750 |
Equity ₹310 | Commodity ₹120 |
| Trading Account AMC
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₹0 |
₹0 |
| Demat Account Opening Fees
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₹0 |
₹0 |
| Demat Account AMC
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₹600 |
₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Account Type |
Fixed Brokerage Plan |
F20 |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.049% (both side) |
₹20 per executed order or 0.01 whichever lower |
| Equity Futures Brokerage
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0.049% (both side) |
₹20 per executed order or 0.01 whichever lower |
| Equity Options Brokerage
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₹300 per lot |
₹20 per executed order or 0.01 whichever lower |
| Currency Futures Trading Brokerage
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₹20 per executed order or 0.01 whichever lower |
| Currency Options Trading Brokerage
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₹20 per executed order or 0.01 whichever lower |
| Commodity Futures Trading Brokerage
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0.070% |
₹20 per executed order or 0.01 whichever lower |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Account Type |
Dynamic Brokerage Plan |
F20 |
| Fixed Charges
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| Equity Delivery Brokerage
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0.59% to 0.30% |
₹0 (Free) |
| Equity Intraday Brokerage
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0.06% to 0.05% |
₹20 per executed order or 0.01 whichever lower |
| Equity Futures Brokerage
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0.07% to 0.05% |
₹20 per executed order or 0.01 whichever lower |
| Equity Options Brokerage
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2.5% to 1.8% |
₹20 per executed order or 0.01 whichever lower |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
₹20 per executed order or 0.01 whichever lower |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
₹20 per executed order or 0.01 whichever lower |
| Commodity Futures Trading Brokerage
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₹20 per executed order or 0.01 whichever lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
₹0 |
| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
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| Call & Trade Charges
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₹20 per call after first 20 free calls in a month |
₹20 per executed order |
Taxes
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹1 per trade (each side) |
| Equity Futures
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NSE ₹210 per crore | BSE ₹1 per trade (each side) |
| Equity Options
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NSE ₹5300 per crore | BSE ₹1 per trade (each side) |
| Currency Futures
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NSE ₹135 per crore (0.00135%) |
| Currency Options
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NSE ₹4400 (on premium) per crore (0.044%) |
| Commodity
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Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore |
Exposure
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Equity Delivery
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1x (no margin) |
3x (A category) |
| Equity Intraday
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50 times |
Up to 20x (based on the stock) |
| Equity Futures
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12 to 15 times |
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Selling: 200 times | Buying: 10 times |
Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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NA |
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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NA |
Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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NA |
Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin |
Share Broker Features
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Kotak Securities Ltd |
Alice Blue Financial Services |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
Front End: ANT | Back End: Omnesys NEST |
| Intraday Square-off Time
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Equity: 3:15PM |
| Other Features
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3-in-1 account |
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Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
Alice Blue Financial Services |
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133 Customer Reviews  |
15 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews |
Alice Blue is Rated 4.5 / 5 based on 15 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Kotak Securities Ltd |
Alice Blue Financial Services |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Kotak Securities Ltd |
Alice Blue Financial Services |
| Pros
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- 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... |
- Discount stock broker.
- Most advance trading platform.
- Free equity delivery trades. No brokerage.
- 01% or Rs 20 whichever is less brokerage for intraday and F&O.
- Up to 20x margin in equity intraday.
- Demat AMC is free for lifetime for all customers.
More Advantages... |
| Cons
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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
More Disadvantages... |
- Online Mutual Fund investment is not available.
- Margin funding is not available.
- Good Till Cancelled (GTC) orders not available.
- Call & Trade is available with additional cost of ₹20 per order.
More Disadvantages... |
| Reviews
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| Promo / Offers
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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. |
Free Equity Delivery Trade + Lifetime FREE AMC Demat Account
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
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Enquire about Kotak Securities
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Zerodha
Zero Account Opening Fee