Kotak Securities Vs Edelweiss Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and Edelweiss Broking Ltd stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and Edelweiss'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 Edelweiss.
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
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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 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate.
The Retail Broking business... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
BSE, NSE, MCX, NCDEX |
| Account Type
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Fixed Brokerage Plan |
Discount Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| Trading Account Opening Fees
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₹750 |
₹750 |
| 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 |
₹500 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| Account Type |
Fixed Brokerage Plan |
Discount Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
0.01% |
| Equity Intraday Brokerage
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0.049% (both side) |
0.01% |
| Equity Futures Brokerage
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0.049% (both side) |
₹5 per lot |
| Equity Options Brokerage
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₹300 per lot |
₹5 per lot |
| Currency Futures Trading Brokerage
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₹5 per lot |
| Currency Options Trading Brokerage
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₹5 per lot |
| Commodity Futures Trading Brokerage
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0.070% |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| Account Type |
Dynamic Brokerage Plan |
Prepaid Plan (₹12,000 for 12 months) |
| Fixed Charges
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₹12,000 + ₹1,800 (Service tax) |
| Equity Delivery Brokerage
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0.59% to 0.30% |
0.30% |
| Equity Intraday Brokerage
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0.06% to 0.05% |
0.03% |
| Equity Futures Brokerage
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0.07% to 0.05% |
0.03% |
| Equity Options Brokerage
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2.5% to 1.8% |
₹90 per lot |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
0.04% |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
₹22 per lot |
| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| Account Type |
Fixed Brokerage Plan |
Prepaid Plan (₹1,12,000 for 12 months) |
| Fixed Charges
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₹1,12,000 + ₹16,800 (Service tax) |
| Equity Delivery Brokerage
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0.49% |
0.10% |
| Equity Intraday Brokerage
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0.049% (both side) |
0.01% |
| Equity Futures Brokerage
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0.049% (both side) |
0.01% |
| Equity Options Brokerage
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₹300 per lot |
₹25 per lot |
| Currency Futures Trading Brokerage
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0.01% |
| Currency Options Trading Brokerage
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₹6 per lot |
| Commodity Futures Trading Brokerage
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0.070% |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹21 per executed order |
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures |
| 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 |
Free |
Taxes
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| 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 |
Edelweiss Broking Ltd |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
| Equity Futures
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NSE ₹190 | BSE ₹190 |
| Equity Options
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NSE ₹5000 | BSE ₹5000 |
| Currency Futures
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NSE ₹115 | BSE ₹115 |
| Currency Options
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NSE ₹4000 | BSE ₹4000 |
| Commodity
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Exposure
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| Equity Delivery
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1x (no margin) |
Up to 10x |
| Equity Intraday
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50 times |
Up to 40x |
| Equity Futures
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12 to 15 times |
40x |
| Equity Options
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Selling: 200 times | Buying: 10 times |
Nil |
| Currency Futures
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NA |
1.5x |
| Currency Options
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NA |
Nil |
| Commodity
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NA |
Up to 6x |
Share Broker Features
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| 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 |
Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress |
| Intraday Square-off Time
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3:00 PM |
| 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 |
Edelweiss Broking Ltd |
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133 Customer Reviews  |
21 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 |
Edelweiss is Rated 2.4 / 5 based on 21 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| 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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Note: IPO |
Customer Service Offered
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Kotak Securities Ltd |
Edelweiss Broking Ltd |
| 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 |
Edelweiss Broking Ltd |
| 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 |
Edelweiss Broking Ltd |
| 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 |
Edelweiss Broking Ltd |
| 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 |
Edelweiss Broking Ltd |
| 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... |
1. Full service broker offering discount brokerage plan.
2. Offer commodity trading on the same trading trading platform.
3. Free research and trading tips calls to all the 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... |
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available.
4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months. 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. |
Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)
Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot flat rate. Save over 60% on brokerage in comparison of other full-service brokers.
This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.
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Enquire about Kotak Securities
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Enquire about Edelweiss
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Zerodha
Zero Account Opening Fee