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Kotak Securities Vs AxisDirect (Compare Kotak Securities and AxisDirect)

The side-by-side comparison of Kotak Securities and AxisDirect. Compare Kotak Securities Vs AxisDirect brokerage, charges, exposure margin, demat account. Read AxisDirect and Kotak Securities review.

Find out Kotak Securities Vs AxisDirect which is better and Kotak Securities Vs AxisDirect which is best.

Our Kotak Securities Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Kotak Securities and AxisDirect.

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Kotak Securities Vs AxisDirect

  Kotak Securities Ltd Axis Securities
 
Kotak Securities Ltd Logo Axis Securities Logo
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... Know more about Kotak Securities Ltd 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 AxisDir... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Fixed Brokerage Plan Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2006
Number of Branches 1209 56
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Kotak Securities Vs AxisDirect Charges

  Kotak Securities Ltd Axis Securities
Trading Account Opening Fees ₹750 ₹900 (3 in 1 account)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹600 ₹650 (free for 1st year)
Demat Account is Mandatory? No No
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Kotak Securities Vs AxisDirect Brokerage

Brokerage Plan 1

  Kotak Securities Ltd Axis Securities
Account Type Fixed Brokerage Plan Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage 0.49% ₹20 per executed order
Equity Intraday Brokerage 0.049% (both side) ₹20 per executed order
Equity Futures Brokerage 0.049% (both side) ₹20 per executed order
Equity Options Brokerage ₹300 per lot ₹20 per executed order
Currency Futures Trading Brokerage NA
Currency Options Trading Brokerage NA
Commodity Futures Trading Brokerage 0.070% NA
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Kotak Securities Ltd Axis Securities
Account Type Dynamic Brokerage Plan Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.59% to 0.30% 0.50% (Each Leg)
Equity Intraday Brokerage 0.06% to 0.05% 0.05% (Each Leg)
Equity Futures Brokerage 0.07% to 0.05% 0.05% (Each Leg)
Equity Options Brokerage 2.5% to 1.8% Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.04% or Rs 20 per lot 0.05% (Each Leg)
Currency Options Trading Brokerage Rs 20 to Rs 7.5 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.03% (Each Leg)
Commodity Options Trading Brokerage ₹50 per lot

Other Charges

Minimum Brokerage Charges ₹21 per executed order ₹20 per trade
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹20 per call
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Kotak Securities Vs AxisDirect Taxes

  Kotak Securities Ltd Axis Securities
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Kotak Securities Vs AxisDirect Transaction Charges

  Kotak Securities Ltd Axis Securities
Equity Delivery 0.1% (Buy and Sell) 0.00325% (₹325/Cr)
Equity Intraday 0.025% (on Sell trade) 0.00325% (₹325/Cr)
Equity Futures 0.01% (on Sell trade) 0.0019% (₹190/Cr)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) 0.05% (₹5000/crore)
Currency Futures NA 0.0019% (₹190/Cr)
Currency Options NA 0.05% (₹5000/crore)
Commodity 0.01% on sell side
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Kotak Securities Vs AxisDirect Exposure Margin

  Kotak Securities Ltd Axis Securities
Equity Delivery 1x (no margin) 100% (1x)
Equity Intraday 50 times Upto 10x
Equity Futures 12 to 15 times 100% (1x)
Equity Options Selling: 200 times | Buying: 10 times 100% (1x)
Currency Futures NA 100% (1x)
Currency Options NA 100% (1x)
Commodity Futures NA 3x
Commodity Options 100% (1x)
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Kotak Securities and AxisDirect Feature Comparison

  Kotak Securities Ltd Axis Securities
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 Available 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 Ltd Axis Securities
  135 Customer Reviews    Rate Kotak Securities 48 Customer Reviews    Rate AxisDirect
Fees Ratings 2.5 2.0
Trading Brokerage Rating 2.4 1.8
Trading Platform Usability 3.4 2.7
Customer Service Ratings 3.0 2.4
Overall Ratings Rated 2.6 stars Rated 2.2 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Axis Securities
Contact / Request Call Back
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Kotak Securities Vs AxisDirect Investment Options

  Kotak Securities Ltd Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (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 Customer Service

  Kotak Securities Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
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Kotak Securities Vs AxisDirect Order Type Offered

  Kotak Securities Ltd Axis Securities
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 Ltd Axis Securities
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 Ltd Axis Securities
Casual Investor Yes Yes
Active Investor Yes
Trader
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Kotak Securities Vs AxisDirect - Advantages and Disadvantages

  Kotak Securities Ltd Axis Securities
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.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

More Disadvantages...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

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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