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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 ...
About Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.
Kotak Securities | Indira Securities | |
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Type of Broker | Full Service Broker | Full Service Broker |
Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX and NCDEX |
Year of Incorporation | 1994 | 1987 |
Number of Branches | 153 | 335 |
Kotak Securities trading account opening charges is Rs 0 (Free) while Indira Securities account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).
Kotak Securities | Indira Securities | |
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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 450 (Free for 1st year) |
Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.
Account Type | Kotak Securities Trade Free Plan | Indira Securities Traditional Plan |
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Fixed Charges | Rs 499 One Time | NA |
Equity Delivery | 0.25% or Rs 20 whichever is higher | 0.10% |
Equity Intraday | Free | 0.01% |
Equity Futures | Delivery: Rs 20 per trade | Intraday: Free | 0.01% |
Equity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 25 per lot (both side) |
Currency Futures | Delivery: Rs 20 per trade | Intraday: Free | 0.01% |
Currency Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 25 per lot (both side) |
Commodity Futures | Delivery: Rs 20 per trade | Intraday: Free | 0.01% |
Commodity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 25 per lot (both side) |
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: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
Kotak Securities | Indira Securities | |
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Account Type | Dealer Assisted Plan | Discount Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery | 0.39% | Rs 20 per executed order |
Equity Intraday | 0.039% | Rs 20 per executed order |
Equity Futures | 0.039% | Rs 20 per executed order |
Equity Options | Rs 39 per lot | Rs 20 per executed order |
Currency Futures | Rs 9 per lot | Rs 20 per executed order |
Currency Options | Rs 5 per lot | Rs 20 per executed order |
Commodity Futures | 0.039% | Rs 20 per executed order |
Commodity Options | Rs 39 per lot | Rs 20 per executed order |
Minimum Brokerage | Rs 21 per executed order | Rs 20 per executed order |
Other Charges | ||
Call & Trade Charges | Rs 50 per call | Rs 0 (Free) |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
Kotak Securities | Indira Securities | |
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Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per Cr (0.00325%) |
Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | NSE Rs 325 per Cr (0.00325%) |
Equity Futures | NSE: 0.0019% | NSE Rs 190 per Cr (0.0019%) |
Equity Options | NSE: 0.05% on Premium | NSE Rs 5000 per Cr (0.05%) (on premium) |
Currency Futures | NSE: 0.0009%, BSE: 0.00022% | NSE Rs 120 per Cr (0.0012%) |
Currency Options | NSE: 0.035%, BSE: 0.001% | NSE Rs 500 per Cr (0.005%) (on premium) |
Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Kotak Securities | Indira Securities | |
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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) |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Indira Securities offers ODIN trading software.
Kotak Securities | Indira Securities | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | ODIN |
Intraday Square-off Time | 3:15 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ![]() |
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Other Features | 3-in-1 account | |
Kotak Securities is rated 2.4 of 5 based on 177 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.
Kotak Securities Enquire | Indira Securities Enquire | |
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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. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
Kotak Securities | Indira Securities | |
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IPO | ![]() |
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Debt | ![]() |
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Other Investment Options |
Kotak Securities | Indira Securities | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Kotak Securities | Indira Securities | |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Kotak Securities | Indira Securities | |
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Active Investor | ![]() |
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Trader | ![]() |
Kotak Securities | Indira Securities | |
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Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Indira Securities Special OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
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