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 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
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 Vs Indira Securities Charges & AMC

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
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 Vs Indira Securities Brokerage

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
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 Vs Indira Securities Brokerage Plan 2

	Kotak Securities	Indira Securities
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

Kotak Securities Charges Vs Indira Securities

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 Vs Indira Securities Transaction Charges

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
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 Vs Indira Securities Leverage (Margin)

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
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)

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
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
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account

Kotak Securities Vs Indira Securities Review

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	Indira Securities
	177 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 177 customer reviews	Indira Securities is rated 4.0 of 5 based on 4 customer reviews

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Kotak Securities Vs Indira Securities Investment Options

	Kotak Securities	Indira Securities
Stock / Equity
Commodity
Currency
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	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.	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	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.	Flat-rate brokerage plans (Rs 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	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Indira Securities Special Offer Free Equity Delivery Trading Get 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.