Compare Articles Reports Glossary Complaints

Kotak Securities Vs Fyers (Compare Kotak Securities and Fyers)

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 ...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in...

Fyers Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Kotak Securities Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	Kotak Securities	Fyers
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, MCX
Year of Incorporation	1994	2015
Number of Branches	153	0
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Fyers Demat Account AMC Charges is Rs 300.

	Kotak Securities	Fyers
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 600	Rs 300

Kotak Securities Vs Fyers Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	Kotak Securities Trade Free Plan	Fyers Flat Fee Brokerage Plan
Fixed Charges		NA
Equity Delivery	0.25% (Minimum Rs 20 per trade)	Rs 0 (Free)
Equity Intraday	Free	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Equity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Currency Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Currency Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Commodity Futures	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
Special Offer	Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Kotak Securities Vs Fyers Brokerage Plan 2

	Kotak Securities	Fyers
Account Type	Dealer Assisted Plan	Flat Fee Brokerage Plan
Fixed Charges	Rs 499 (One Time)	NA
Equity Delivery	0.39%	Rs 0 (Free)
Equity Intraday	0.039%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.039%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 39 per lot	Rs 20 per executed order
Currency Futures	Rs 9 per lot	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 5 per lot	Rs 20 per executed order
Commodity Futures	0.039%	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 39 per lot	Rs 20 per executed order
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Charges Vs Fyers

Minimum Brokerage	Rs 21 per executed order	Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges		Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges	Rs 50 per call	Rs 20 per trade

Kotak Securities Vs Fyers Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

	Kotak Securities	Fyers
Equity Delivery	NSE: 0.00325%, BSE: 0.00325%	Rs 325 per Cr (0.00325%)
Equity Intraday	NSE: 0.00325%, BSE: 0.00325%	Rs 325 per Cr (0.00325%)
Equity Futures	NSE: 0.0019%	Rs 240 per Cr (0.0024%)
Equity Options	NSE: 0.05% on Premium	Rs 5900 per Cr (on premium) (0.059%)
Currency Futures	NSE: 0.0009%, BSE: 0.00022%	Rs 240 per Cr (0.0024%)
Currency Options	NSE: 0.035%, BSE: 0.001%	Rs 5900 per Cr (on premium) (0.059%)
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	NA
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers Leverage (Margin)

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

	Kotak Securities	Fyers
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)
	Open Kotak Securities Account	Open Fyers Account

Compare Kotak Securities and Fyers Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Fyers offers Fyers One (In-house build) trading software.

	Kotak Securities	Fyers
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	Fyers One (In-house build)
Intraday Square-off Time		3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account	Brokerage free thematic investing is available
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers Review

Kotak Securities is rated 2.3 of 5 based on 185 customer reviews whereas Fyers is rated 3.1 of 5 based on 30 customer reviews.

	Kotak Securities	Fyers
	185 Customer Reviews	30 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.3 of 5 based on 185 customer reviews	Fyers is rated 3.1 of 5 based on 30 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities Enquire	Fyers Enquire
Contact Broker	Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now	Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Kotak Securities Vs Fyers Investment Options

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

Kotak Securities Vs Fyers Order Type Offered

	Kotak Securities	Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Kotak Securities Account	Open Fyers Account

Kotak Securities Vs Fyers Research Report

	Kotak Securities	Fyers
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs Fyers Suitable For Investor Type

	Kotak Securities	Fyers
Casual Investor
Active Investor
Trader

Kotak Securities Vs Fyers - Pros and Cons

	Kotak Securities	Fyers
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.	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!
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.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers	Kotak Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Free Account Opening Brokerage-Free Intraday trading Flat Rs. 20 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
	Open Kotak Securities Account	Open Fyers Account

Comments

Add a public comment...

Compare Kotak Securities	Compare Fyers
Kotak Securities Vs Zerodha Kotak Securities Vs ICICIdirect Kotak Securities Vs HDFC Securities Kotak Securities Vs Sharekhan Kotak Securities Vs AxisDirect Kotak Securities Vs Angel One Kotak Securities Vs Motilal Oswal Kotak Securities Vs Groww Kotak Securities Vs Stoxkart Kotak Securities Vs IIFL Securities Kotak Securities Vs SBI Securities Kotak Securities Vs Geojit Kotak Securities Vs Nuvama (Edelweiss) Kotak Securities Vs Espresso Sharekhan Kotak Securities Vs 5paisa Kotak Securities Vs Upstox Kotak Securities Vs Anand Rathi Kotak Securities Vs Aditya Birla Money Kotak Securities Vs SAMCO Kotak Securities Vs Tradingo Kotak Securities Vs IDBI Capital Kotak Securities Vs TradeSmart Kotak Securities Vs SAS Online Kotak Securities Vs Tradeplus Kotak Securities Vs Alice Blue Kotak Securities Vs Prostocks Kotak Securities Vs RMoney Kotak Securities Vs Bajaj Financial Kotak Securities Vs Paytm Money Kotak Securities Vs Yes Securities	Fyers Vs Zerodha Fyers Vs ICICIdirect Fyers Vs HDFC Securities Fyers Vs Sharekhan Fyers Vs AxisDirect Fyers Vs Angel One Fyers Vs Motilal Oswal Fyers Vs Groww Fyers Vs Stoxkart Fyers Vs IIFL Securities Fyers Vs SBI Securities Fyers Vs Geojit Fyers Vs Nuvama (Edelweiss) Fyers Vs Espresso Sharekhan Fyers Vs 5paisa Fyers Vs Upstox Fyers Vs Anand Rathi Fyers Vs Aditya Birla Money Fyers Vs SAMCO Fyers Vs Tradingo Fyers Vs IDBI Capital Fyers Vs TradeSmart Fyers Vs SAS Online Fyers Vs Tradeplus Fyers Vs Alice Blue Fyers Vs Prostocks Fyers Vs RMoney Fyers Vs Bajaj Financial Fyers Vs Paytm Money Fyers Vs Yes Securities

Compare Kotak Securities

Compare Fyers

Open Kotak Securities Account

Open Fyers Account