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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 Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets.
Kotak Securities is a ... 
About Bajaj Finserv
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL.
BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities.
BFSL has two trading platforms - BFSLTrade App (m...
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 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 1994 | 2010 |
| Number of Branches | 153 | 6 |
| Open Bajaj Finserv Account |
Kotak Securities trading account opening charges is Rs 0 (Free) while Bajaj Finserv account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year).
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 899 per year |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 199 (Free for 1st year) |
Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free whereas Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order.
| Account Type | Kotak Securities Trade Free Plan | Bajaj Finserv Freedom Plan |
|---|---|---|
| Fixed Charges | Rs 0 | |
| Equity Delivery | 0.25% or Rs 20 whichever is higher | 0.10% |
| Equity Intraday | Free | Rs 17 per order |
| Equity Futures | Delivery: Rs 20 per trade | Intraday: Free | Rs 17 per order |
| Equity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 17 per order |
| Currency Futures | Delivery: Rs 20 per trade | Intraday: Free | |
| Currency Options | Delivery: Rs 20 per trade | Intraday: Free | |
| Commodity Futures | Delivery: Rs 20 per trade | Intraday: Free | |
| Commodity Options | Delivery: Rs 20 per trade | Intraday: Free | |
| Special Offer | Zerodha (Trade with the best stock broker) 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. |
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. |
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| Account Type | Dealer Assisted Plan | Professional Pack |
| Fixed Charges | Rs 499 (One Time) | Rs 2500 per year |
| Equity Delivery | 0.39% | Rs 10 per order |
| Equity Intraday | 0.039% | Rs 10 per order |
| Equity Futures | 0.039% | Rs 10 per order |
| Equity Options | Rs 39 per lot | Rs 10 per order |
| Currency Futures | Rs 9 per lot | |
| Currency Options | Rs 5 per lot | |
| Commodity Futures | 0.039% | |
| Commodity Options | Rs 39 per lot | |
| Open Bajaj Finserv Account |
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| Account Type | Trade Free Plan | Bajaj Privilege Club |
| Fixed Charges | Rs 9999 per year | |
| Equity Delivery | 0.25% or Rs 20 whichever is higher | Rs 5 per order |
| Equity Intraday | Free | Rs 5 per order |
| Equity Futures | Delivery: Rs 20 per trade | Intraday: Free | Rs 5 per order |
| Equity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 5 per order |
| Currency Futures | Delivery: Rs 20 per trade | Intraday: Free | |
| Currency Options | Delivery: Rs 20 per trade | Intraday: Free | |
| Commodity Futures | Delivery: Rs 20 per trade | Intraday: Free | |
| Commodity Options | Delivery: Rs 20 per trade | Intraday: Free | |
| Open Bajaj Finserv Account |
| Minimum Brokerage | Rs 21 per executed order | Rs 5 for Equity Delivery & Intraday |
| Other Charges | ||
| Call & Trade Charges | Rs 50 per call | Rs 20 per trade |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Bajaj Finserv exchange transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium).
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 345 per Cr (0.00345%) (each side) |
| Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 345 per Cr (0.00345%) (each side) |
| Equity Futures | NSE: 0.0019% | NSE Rs 225 per Cr (0.00225%) |
| Equity Options | NSE: 0.05% on Premium | NSE Rs 5325 per Cr (0.05325%) (on premium) |
| Currency Futures | NSE: 0.0009%, BSE: 0.00022% | |
| Currency Options | NSE: 0.035%, BSE: 0.001% | |
| Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | |
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Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Finserv margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| 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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The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Bajaj Finserv offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
| 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 | |
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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 | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | 3-in-1 account | |
| Open Bajaj Finserv Account |
Kotak Securities is rated 2.4 of 5 based on 178 customer reviews whereas Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews.
| Kotak Securities | Bajaj Finserv | |
|---|---|---|
178 Customer Reviews  |
13 Customer Reviews |
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| Broker Rating | Kotak Securities is rated 2.4 of 5 based on 178 customer reviews | Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews |
| Kotak Securities Enquire | Bajaj Finserv Enquire | |
|---|---|---|
| Contact Broker | 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. | Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. |
| Kotak Securities | Bajaj Finserv | |
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| Kotak Securities | Bajaj Finserv | |
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| 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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| Open Bajaj Finserv Account |
| Kotak Securities | Bajaj Finserv | |
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| 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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| Kotak Securities | Bajaj Finserv | |
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| Kotak Securities | Bajaj Finserv | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Bajaj Finserv Special OfferRs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you. |
| Open Bajaj Finserv Account |
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