Kotak Securities Vs Alice Blue (Compare Kotak Securities and Alice Blue)

Kotak Securities Vs Alice Blue

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 , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Kotak Securities	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1994
Number of Branches	1209
	Enquire Kotak Securities	Open Alice Blue Account

Kotak Securities Vs Alice Blue Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Alice Blue account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Alice Blue Demat Account AMC Charges is Rs 400.

	Kotak Securities	Alice Blue
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 600	Rs 400

Kotak Securities Vs Alice Blue Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

	Kotak Securities	Alice Blue
Account Type	Fixed Brokerage Plan	Freedom 15
Fixed Charges
Equity Delivery	0.49%	Rs 0 (Free)
Equity Intraday	0.049% (both side)	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.049% (both side)	Rs 15 per order or 0.01% whichever is lower
Equity Options	Rs 300 per lot	Rs 15 per order
Currency Futures		Rs 15 per order or 0.01% whichever is lower
Currency Options		Rs 15 per order
Commodity Futures	0.070%	Rs 15 per order or 0.01% whichever is lower
Commodity Options		Rs 15 per order
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.	Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

Kotak Securities Vs Alice Blue Brokerage Plan 2

	Kotak Securities	Alice Blue
Account Type	Dynamic Brokerage Plan	Freedom 15
Fixed Charges
Equity Delivery	0.59% to 0.30%	Rs 0 (Free)
Equity Intraday	0.06% to 0.05%	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.07% to 0.05%	Rs 15 per order or 0.01% whichever is lower
Equity Options	2.5% to 1.8%	Rs 15 per order
Currency Futures	0.04% or Rs 20 per lot	Rs 15 per order or 0.01% whichever is lower
Currency Options	Rs 20 to Rs 7.5 per lot	Rs 15 per order
Commodity Futures		Rs 15 per order or 0.01% whichever is lower
Commodity Options		Rs 15 per order
	Enquire Kotak Securities	Open Alice Blue Account

Kotak Securities Charges Vs Alice Blue

Minimum Brokerage	Rs 21 per executed order	Rs 0
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 executed order

Kotak Securities Vs Alice Blue Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

	Kotak Securities	Alice Blue
Equity Delivery	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures	NSE: 0.0019%	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options	NSE: 0.05% on Premium	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures	NSE: 0.0009%, BSE: 0.00022%	NSE Rs 135 per Cr (0.00135%)
Currency Options	NSE: 0.035%, BSE: 0.001%	NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Enquire Kotak Securities	Open Alice Blue Account

Kotak Securities Vs Alice Blue 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 Alice Blue 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	Alice Blue
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)
	Enquire Kotak Securities	Open Alice Blue Account

Compare Kotak Securities and Alice Blue Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Kotak Securities	Alice Blue
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	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time		Equity: 3:15PM
Other Features	3-in-1 account
Referral Program
	Enquire Kotak Securities	Open Alice Blue Account

Kotak Securities Vs Alice Blue Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

	Kotak Securities	Alice Blue
	170 Customer Reviews	32 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	Alice Blue is rated 3.4 of 5 based on 32 customer reviews

Kotak Securities Vs Alice Blue Investment Options

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

Kotak Securities Vs Alice Blue Order Type Offered

	Kotak Securities	Alice Blue
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 Alice Blue Research Report

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

Kotak Securities Vs Alice Blue Suitable For Investor Type

	Kotak Securities	Alice Blue
Casual Investor
Active Investor
Trader

Kotak Securities Vs Alice Blue - Pros and Cons

	Kotak Securities	Alice Blue
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.	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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 Rs 20 per order.
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.	Free Equity Delivery Trade + FREE Account Opening Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.
	Enquire Kotak Securities	Open Alice Blue Account