Kotak Securities Vs AxisDirect (Compare Kotak Securities and AxisDirect)


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


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Kotak Securities Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Kotak Securities AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2006
Number of Branches 1209 56
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Kotak Securities Vs AxisDirect Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while AxisDirect account opening changes is Rs 900. Kotak Securities Demat Account AMC Charges is Rs 600 and AxisDirect Demat Account AMC Charges is Rs 650.

  Kotak Securities AxisDirect
Trading Account Opening Charges Rs 750 Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 600 Rs 650
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Kotak Securities Vs AxisDirect Brokerage Charges & Plans

Kotak Securities Vs AxisDirect Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Kotak Securities AxisDirect
Account Type Fixed Brokerage Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.49% 0.50%
Equity Intraday 0.049% (both side) 0.05%
Equity Futures 0.049% (both side) 0.05%
Equity Options Rs 300 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.070% 0.03%
Commodity Options Rs 50 per lot
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 AxisDirect Brokerage Plan 2

  Kotak Securities AxisDirect
Account Type Dynamic Brokerage Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.59% to 0.30% 0.50%
Equity Intraday 0.06% to 0.05% 0.05%
Equity Futures 0.07% to 0.05% 0.05%
Equity Options 2.5% to 1.8% Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.04% or Rs 20 per lot 0.05%
Currency Options Rs 20 to Rs 7.5 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
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Kotak Securities Charges Vs AxisDirect

Minimum Brokerage Rs 21 per executed order Rs 20 per trade
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 call
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Kotak Securities Vs AxisDirect Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  Kotak Securities AxisDirect
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE: 0.0019% NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options NSE: 0.05% on Premium NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures NSE: 0.0009%, BSE: 0.00022% Rs 190 per Cr (0.0019%)
Currency Options NSE: 0.035%, BSE: 0.001% Rs 5000 per Cr (0.05%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
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Kotak Securities Vs AxisDirect 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 AxisDirect 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 AxisDirect
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 AxisDirect Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Kotak Securities AxisDirect
3 in 1 Account Yes Yes
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 Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features 3-in-1 account
Referral Program Yes
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Kotak Securities Vs AxisDirect Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 71 customer reviews.

  Kotak Securities AxisDirect
  170 Customer Reviews    Rate Kotak Securities 71 Customer Reviews    Rate AxisDirect
Fees 2.4 2.0
Brokerage 2.3 1.7
Trading Platform 3.3 2.6
Customer Service 2.8 2.2
Research Capabilities 2.6 2.9
Overall Ratings Rated 2.4 stars Rated 2.1 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 170 customer reviews AxisDirect is rated 2.1 of 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire AxisDirect 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 AxisDirect Investment Options

  Kotak Securities AxisDirect
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 Loans, ETF, Corporate FD
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Kotak Securities Vs AxisDirect Order Type Offered

  Kotak Securities AxisDirect
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
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 AxisDirect Research Report

  Kotak Securities AxisDirect
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 AxisDirect Suitable For Investor Type

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

  Kotak Securities AxisDirect
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. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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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