Kotak Securities Vs Fyers (Compare Kotak Securities and Fyers)

The side-by-side comparison of Kotak Securities and Fyers. Compare Kotak Securities Vs Fyers brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Fyers?


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


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... Know more about Fyers Securities Ltd

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Kotak Securities Vs Fyers

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 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
Supported Exchnages BSE, NSE, MCX, NCDEX NSE, MCX
Account Type Fixed Brokerage Plan Flat Fee Brokerage Plan
Year of Incorporation 1994 2015
Number of Branches 1209 0
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 Fyers. Leave your contact info and we will get in touch with you.
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Kotak Securities Vs Fyers Charges & AMC

Kotak Securities trading account opening charges is ₹750 while Fyers account opening changes is ₹400 (Free). Kotak Securities Demat Account AMC Charges is ₹600 and Fyers Demat Account AMC Charges is ₹300.

  Kotak Securities Fyers
Trading Account Opening Charges ₹750 ₹400 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹600 ₹300
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Kotak Securities Vs Fyers Brokerage Charges & Plans

Kotak Securities Vs Fyers Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

  Kotak Securities Fyers
Account Type Fixed Brokerage Plan Flat Fee Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.49% ₹0 (Free)
Equity Intraday Brokerage 0.049% (both side) ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.049% (both side) ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage ₹300 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage 0.070% ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order
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.
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Kotak Securities Vs Fyers Brokerage Plan 2

  Kotak Securities Fyers
Account Type Dynamic Brokerage Plan Flat Fee Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.59% to 0.30% ₹0 (Free)
Equity Intraday Brokerage 0.06% to 0.05% ₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage 0.07% to 0.05% ₹20 per executed order or .03% whichever is lower
Equity Options Brokerage 2.5% to 1.8% ₹20 per executed order
Currency Futures Trading Brokerage 0.04% or ₹20 per lot ₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot ₹20 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order
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Kotak Securities Charges Vs Fyers

Minimum Brokerage Charges ₹21 per executed order Intra-day: ₹7 or 2.5% whichever is lower
Other Brokerage Charges SMS Alerts at ₹50 per month Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹20 per trade
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Kotak Securities Vs Fyers Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Fyers exchange transaction charges for options is ₹5900 per Cr (on premium) (0.059%).

  Kotak Securities Fyers
Equity Delivery 0.1% (Buy and Sell) ₹325 per Cr (0.00325%)
Equity Intraday 0.025% (on Sell trade) ₹325 per Cr (0.00325%)
Equity Futures 0.01% (on Sell trade) ₹240 per Cr (0.0024%)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) ₹5900 per Cr (on premium) (0.059%)
Currency Futures NA ₹240 per Cr (0.0024%)
Currency Options NA ₹5900 per Cr (on premium) (0.059%)
Commodity 0.01% on sell side NA
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Kotak Securities Vs Fyers Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

  Kotak Securities Fyers
Equity Delivery 1x (no margin) 1 times
Equity Intraday 50 times Up to 16x (based on the stock)
Equity Futures 12 to 15 times Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Selling: 200 times | Buying: 10 times Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures NA Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options NA Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures NA NA
Commodity Options
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes No
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 Fyers One (In-house build)
Intraday Square-off Time 3:20 PM
Other Features 3-in-1 account Brokerage free thematic investing is available
Referral Program Yes
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Kotak Securities Vs Fyers Review

Kotak Securities is rated 2.5 of 5 based on 155 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

  Kotak Securities Fyers
  155 Customer Reviews    Rate Kotak Securities 14 Customer Reviews    Rate Fyers
Fees 2.5 3.6
Trading Brokerage 2.3 4.0
Trading Platform Usability 3.3 3.6
Customer Service 2.9 4.3
Research Capabilities 2.6 2.0
Overall Ratings Rated 2.5 stars Rated 4.0 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 155 customer reviews Fyers is rated 4.0 of 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Fyers 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.

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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Kotak Securities Vs Fyers Investment Options

  Kotak Securities Fyers
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt No No
Other Investment Options
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Kotak Securities Vs Fyers Order Type Offered

  Kotak Securities Fyers
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
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Kotak Securities Vs Fyers Research Report

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

  Kotak Securities Fyers
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Kotak Securities Vs Fyers - Pros and Cons

  Kotak Securities Fyers
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.
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum ₹20 per trade.
  • 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
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • 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 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.

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

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