Kotak Securities Vs Finvasia (Compare Kotak Securities and Finvasia)


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


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

Expand

Kotak Securities Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Kotak Securities Finvasia
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2013
Number of Branches 1209 1
Open an Online Trading Account with Kotak Securities.Open an Online Trading Account with Finvasia.
Enquire Kotak SecuritiesEnquire Finvasia
Expand

Kotak Securities Vs Finvasia Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Finvasia account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

  Kotak Securities Finvasia
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 0 per year (Lifetime Zero AMC)
Expand

Kotak Securities Vs Finvasia Brokerage Charges & Plans

Kotak Securities Vs Finvasia Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

  Kotak Securities Finvasia
Account Type Fixed Brokerage Plan Standard
Fixed Charges NA
Equity Delivery 0.49% Rs 0
Equity Intraday 0.049% (both side) Rs 0
Equity Futures 0.049% (both side) Rs 0
Equity Options Rs 300 per lot Rs 0
Currency Futures Rs 0
Currency Options Rs 0
Commodity Futures 0.070% Rs 0
Commodity Options Rs 0
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 Finvasia Brokerage Plan 2

  Kotak Securities Finvasia
Account Type Dynamic Brokerage Plan Standard
Fixed Charges NA
Equity Delivery 0.59% to 0.30% Rs 0
Equity Intraday 0.06% to 0.05% Rs 0
Equity Futures 0.07% to 0.05% Rs 0
Equity Options 2.5% to 1.8% Rs 0
Currency Futures 0.04% or Rs 20 per lot Rs 0
Currency Options Rs 20 to Rs 7.5 per lot Rs 0
Commodity Futures Rs 0
Commodity Options Rs 0
Enquire Kotak SecuritiesEnquire Finvasia

Kotak Securities Charges Vs Finvasia

Minimum Brokerage Rs 21 per executed order Rs 0
Other Charges SMS Alerts at Rs 50 per month Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 20 per call after first 20 free calls in a month Rs 0
Expand

Kotak Securities Vs Finvasia Transaction Charges

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

  Kotak Securities Finvasia
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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 Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE: 0.0009%, BSE: 0.00022% 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% Rs 260 per Cr (0.0026%)
Enquire Kotak SecuritiesEnquire Finvasia
Expand

Kotak Securities Vs Finvasia 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 Finvasia 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 Finvasia
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)
Enquire Kotak SecuritiesEnquire Finvasia
Expand

Compare Kotak Securities and Finvasia Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Kotak Securities Finvasia
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 PM
Other Features 3-in-1 account Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Enquire Kotak SecuritiesEnquire Finvasia
Expand

Kotak Securities Vs Finvasia Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

  Kotak Securities Finvasia
  170 Customer Reviews    Rate Kotak Securities 40 Customer Reviews    Rate Finvasia
Fees 2.4 4.7
Brokerage 2.3 4.9
Trading Platform 3.3 3.6
Customer Service 2.8 4.5
Research Capabilities 2.6 2.9
Overall Ratings Rated 2.4 stars Rated 4.6 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 170 customer reviews Finvasia is rated 4.6 of 5 based on 40 customer reviews
Expand

Contact Broker / Request A Call Back

  Kotak Securities Enquire Finvasia 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.
Leave your contact information and we will get in touch with you....
Expand

Kotak Securities Vs Finvasia Investment Options

  Kotak Securities Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options
Expand

Kotak Securities Vs Finvasia Order Type Offered

  Kotak Securities Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
Enquire Kotak SecuritiesEnquire Finvasia
Expand

Kotak Securities Vs Finvasia Research Report

  Kotak Securities Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Kotak Securities Vs Finvasia Suitable For Investor Type

  Kotak Securities Finvasia
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
Expand

Kotak Securities Vs Finvasia - Pros and Cons

  Kotak Securities Finvasia
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.
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
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.

Enquire Kotak SecuritiesEnquire Finvasia

Compare More Brokers...

Kotak Securities Finvasia
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App