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

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


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


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 ... Know more about Indira Securities Pvt Ltd

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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 Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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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)
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Kotak Securities Vs Indira Securities Brokerage Charges & Plans

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)
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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%)
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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)
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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 Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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 Yes
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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    Rate Kotak Securities 1 Customer Reviews    Rate Indira Securities
Fees 2.5 2.0
Trading Brokerage 2.3 5.0
Trading Platform Usability 3.3 4.0
Customer Service 2.9 4.0
Research Capabilities 2.6 5.0
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 Indira Securities is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Indira Securities 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.

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Kotak Securities Vs Indira Securities Investment Options

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

  Kotak Securities Indira Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Kotak Securities Vs Indira Securities Research Report

  Kotak Securities Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Kotak Securities Vs Indira Securities Suitable For Investor Type

  Kotak Securities Indira Securities
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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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'.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. 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

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Kotak Securities Indira Securities
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