Kotak Securities Vs Indira Securities (Compare Kotak Securities and Indira Securities)

Kotak Securities Vs Indira Securities

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 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
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX and NCDEX
Account Type	Fixed Brokerage Plan	Traditional Plan
Year of Incorporation	1994	1987
Number of Branches	1209	335
Broker Enquiry

Kotak Securities Vs Indira Securities Charges & AMC

Kotak Securities trading account opening charges is ₹750 while Indira Securities account opening changes is ₹0 (Free). Kotak Securities Demat Account AMC Charges is ₹600 and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

	Kotak Securities	Indira Securities
Trading Account Opening Charges	₹750	₹0 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹0	₹0 (Free)
Demat Account AMC Charges	₹600	₹450 (Free for 1st year)

Kotak Securities Vs Indira Securities Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	Kotak Securities	Indira Securities
Account Type	Fixed Brokerage Plan	Traditional Plan
Fixed Charges
Equity Delivery Brokerage	0.49%	0.10%
Equity Intraday Brokerage	0.049% (both side)	0.01%
Equity Futures Brokerage	0.049% (both side)	0.01%
Equity Options Brokerage	₹300 per lot	₹25 per lot (both side)
Currency Futures Trading Brokerage		0.01%
Currency Options Trading Brokerage		₹25 per lot (both side)
Commodity Futures Trading Brokerage	0.070%	0.01%
Commodity Options Trading Brokerage		₹25 per lot (both side)
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: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Kotak Securities Vs Indira Securities Brokerage Plan 2

	Kotak Securities	Indira Securities
Account Type	Dynamic Brokerage Plan	Discount Brokerage Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.59% to 0.30%	₹20 per executed order
Equity Intraday Brokerage	0.06% to 0.05%	₹20 per executed order
Equity Futures Brokerage	0.07% to 0.05%	₹20 per executed order
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
Currency Options Trading Brokerage	₹20 to ₹7.5 per lot	₹20 per executed order
Commodity Futures Trading Brokerage		₹20 per executed order
Commodity Options Trading Brokerage		₹20 per executed order

Kotak Securities Charges Vs Indira Securities

Minimum Brokerage Charges	₹21 per executed order	₹20 per executed order
Other Brokerage Charges	SMS Alerts at ₹50 per month
Call & Trade Charges	₹20 per call after first 20 free calls in a month	₹0 (Free)

Kotak Securities Vs Indira Securities Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

	Kotak Securities	Indira Securities
Equity Delivery	0.1% (Buy and Sell)	NSE ₹325 per Cr (0.00325%)
Equity Intraday	0.025% (on Sell trade)	NSE ₹325 per Cr (0.00325%)
Equity Futures	0.01% (on Sell trade)	NSE ₹190 per Cr (0.0019%)
Equity Options	0.05% (on Sell trade premium) or 0.125% (on options)	NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures	NA	NSE ₹120 per Cr (0.0012%)
Currency Options	NA	NSE ₹500 per Cr (0.005%) (on premium)
Commodity	0.01% on sell side	Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)

Kotak Securities Vs Indira Securities Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

	Kotak Securities	Indira Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	50 times	Up to 10x (based on the stock)
Equity Futures	12 to 15 times	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Selling: 200 times | Buying: 10 times	1x (no margin)
Currency Futures	NA	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options	NA	1x (no margin)
Commodity Futures	NA	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options		1x (no margin)

Compare Kotak Securities and Indira Securities Features

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
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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	ODIN
Intraday Square-off Time		3:15 PM
Other Features	3-in-1 account
Referral Program

Kotak Securities Vs Indira Securities Review

Kotak Securities is rated 2.5 of 5 based on 155 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 1 customer reviews.

	Kotak Securities	Indira Securities
	155 Customer Reviews	1 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 155 customer reviews	Indira Securities is rated 4.0 of 5 based on 1 customer reviews

Kotak Securities Vs Indira Securities Investment Options

	Kotak Securities	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs Indira Securities Order Type Offered

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

Kotak Securities Vs Indira Securities Research Report

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

Kotak Securities Vs Indira Securities Suitable For Investor Type

	Kotak Securities	Indira Securities
Casual Investor
Active Investor
Trader

Kotak Securities Vs Indira Securities - Pros and Cons

	Kotak Securities	Indira Securities
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.	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
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 and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website