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Kotak Securities Vs Edelweiss (Compare Kotak Securities and Edelweiss)

Kotak Securities Ltd Logo

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 ... Know more about Kotak Securities Ltd

Edelweiss Broking Ltd Logo

About Edelweiss
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 of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

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Kotak Securities Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Kotak Securities Edelweiss
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 153 237
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Kotak Securities Vs Edelweiss Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Edelweiss account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Edelweiss Demat Account AMC Charges is Rs 500 (1st Year Free).

  Kotak Securities Edelweiss
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 500 (1st Year Free)

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Kotak Securities Vs Edelweiss Brokerage

Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free whereas Edelweiss brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Kotak Securities Trade Free Plan Edelweiss Edelweiss Lite
Fixed Charges NA
Equity Delivery 0.25% or Rs 20 whichever is higher Rs 10 per executed order
Equity Intraday Free Rs 10 per executed order
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 10 per executed order
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: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Kotak Securities Vs Edelweiss Brokerage Plan 2

  Kotak Securities Edelweiss
Account Type Dealer Assisted Plan Edelweiss Elite
Fixed Charges Rs 499 (One Time)
Equity Delivery 0.39% 0.30%
Equity Intraday 0.039% 0.03%
Equity Futures 0.039% 0.03%
Equity Options Rs 39 per lot Rs 75 per lot
Currency Futures Rs 9 per lot 0.02%
Currency Options Rs 5 per lot Rs 20 per lot
Commodity Futures 0.039%
Commodity Options Rs 39 per lot
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Kotak Securities Charges Vs Edelweiss

Minimum Brokerage Rs 21 per executed order 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 50 per call Rs 20 per call

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Kotak Securities Vs Edelweiss Transaction Charges

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

  Kotak Securities Edelweiss
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures NSE: 0.0019% NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE: 0.05% on Premium NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE: 0.0009%, BSE: 0.00022% NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
Currency Options NSE: 0.035%, BSE: 0.001% Rs 4000 per Cr (0.04%) (on premium)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
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Kotak Securities Vs Edelweiss Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Edelweiss margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Edelweiss
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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Compare Kotak Securities and Edelweiss Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  Kotak Securities Edelweiss
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes 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 Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account
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Kotak Securities Vs Edelweiss Review

Kotak Securities is rated 2.4 of 5 based on 178 customer reviews whereas Edelweiss is rated 2.9 of 5 based on 73 customer reviews.

  Kotak Securities Edelweiss
  178 Customer Reviews    Rate Kotak Securities 73 Customer Reviews    Rate Edelweiss
Fees 2.4 3.0
Brokerage 2.3 3.1
Trading Platform 3.2 3.5
Customer Service 2.8 2.7
Research Capabilities 2.4 2.8
Overall Ratings Rated 2.4 stars Rated 2.9 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 178 customer reviews Edelweiss is rated 2.9 of 5 based on 73 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Edelweiss 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. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Kotak Securities Vs Edelweiss Investment Options

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

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Kotak Securities Vs Edelweiss Order Type Offered

  Kotak Securities Edelweiss
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Kotak Securities Vs Edelweiss Research Report

  Kotak Securities Edelweiss
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 Edelweiss Suitable For Investor Type

  Kotak Securities Edelweiss
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Edelweiss - Pros and Cons

  Kotak Securities Edelweiss
Pros
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Edelweiss Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

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