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Kotak Securities Vs Finvasia (Compare Kotak Securities and Finvasia)

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

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

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

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Kotak Securities Vs Finvasia

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
 
Kotak Securities Ltd Logo Finvasia Securities Pvt Ltd 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 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Fixed Brokerage Plan Standard
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 Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2013
Number of Branches 1209 1
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Kotak Securities Vs Finvasia Charges

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Trading Account Opening Fees ₹750 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹600 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Kotak Securities Vs Finvasia Brokerage

Brokerage Plan 1

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

Brokerage Plan 2

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

Other Charges

Minimum Brokerage Charges ₹21 per executed order ₹0
Other Brokerage Charges SMS Alerts at ₹50 per month None
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹0
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Kotak Securities Vs Finvasia Taxes

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
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 Finvasia Transaction Charges

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery 0.1% (Buy and Sell) ₹325/crore
Equity Intraday 0.025% (on Sell trade) ₹325/crore
Equity Futures 0.01% (on Sell trade) ₹190/crore
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) ₹5000/crore of premium
Currency Futures NA ₹115/crore
Currency Options NA ₹4000/crore of premium
Commodity 0.01% on sell side ₹260/crore
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Kotak Securities Vs Finvasia Exposure Margin

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery 1x (no margin) 1x
Equity Intraday 50 times up to 10x
Equity Futures 12 to 15 times 2x
Equity Options Selling: 200 times | Buying: 10 times 1x
Currency Futures NA 1x
Currency Options NA 1x
Commodity Futures NA 2x
Commodity Options
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Kotak Securities and Finvasia Feature Comparison

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
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 Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) 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
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Kotak Securities Vs Finvasia Review

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
  135 Customer Reviews    Rate Kotak Securities 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.5 4.4
Trading Brokerage Rating 2.4 4.8
Trading Platform Usability 3.4 3.0
Customer Service Ratings 3.0 4.7
Overall Ratings Rated 2.6 stars Rated 4.7 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Kotak Securities Vs Finvasia Investment Options

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options
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Kotak Securities Vs Finvasia Customer Service

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

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

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Kotak Securities Vs Finvasia Suitable For Investor Type

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Kotak Securities Vs Finvasia - Advantages and Disadvantages

  Kotak Securities Ltd Finvasia Securities Pvt Ltd
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...

  • 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.

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...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

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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