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Kotak Securities Vs Karvy (Compare Kotak Securities and Karvy)

The side-by-side comparison of Kotak Securities and Karvy. Compare Kotak Securities Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Kotak Securities review.

Find out Kotak Securities Vs Karvy which is better and Kotak Securities Vs Karvy which is best.

Our Kotak Securities Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and Karvy.

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Kotak Securities Vs Karvy

  Kotak Securities Ltd Karvy Stock Broking Ltd
 
Kotak Securities Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker 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 cu... Know more about Kotak Securities Ltd Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Fixed Brokerage Plan Retail Brokerage Plan
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 Karvy. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 1985
Number of Branches 1209 575
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Kotak Securities Vs Karvy Charges

  Kotak Securities Ltd Karvy Stock Broking Ltd
Trading Account Opening Fees ₹750 ₹650
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹600 ₹420
Demat Account is Mandatory? No No
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Kotak Securities Vs Karvy Brokerage

Brokerage Plan 1

  Kotak Securities Ltd Karvy Stock Broking Ltd
Account Type Fixed Brokerage Plan Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.49% 0.3%
Equity Intraday Brokerage 0.049% (both side) 0.03%
Equity Futures Brokerage 0.049% (both side) 0.03%
Equity Options Brokerage ₹300 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage ₹30 per lot
Commodity Futures Trading Brokerage 0.070% 0.03%
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Kotak Securities Ltd Karvy Stock Broking Ltd
Account Type Dynamic Brokerage Plan Premium Subscription Plan of 100000
Fixed Charges ₹100,000 per year
Equity Delivery Brokerage 0.59% to 0.30% 0.1%
Equity Intraday Brokerage 0.06% to 0.05% 0.01%
Equity Futures Brokerage 0.07% to 0.05% 0.01%
Equity Options Brokerage 2.5% to 1.8% ₹10 per lot
Currency Futures Trading Brokerage 0.04% or Rs 20 per lot 0.01%
Currency Options Trading Brokerage Rs 20 to Rs 7.5 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage ₹10 per lot

Other Charges

Minimum Brokerage Charges ₹21 per executed order Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month
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Kotak Securities Vs Karvy Taxes

  Kotak Securities Ltd Karvy Stock Broking Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Kotak Securities Vs Karvy Transaction Charges

  Kotak Securities Ltd Karvy Stock Broking Ltd
Equity Delivery 0.1% (Buy and Sell) ₹325
Equity Intraday 0.025% (on Sell trade) ₹325
Equity Futures 0.01% (on Sell trade) ₹230
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) ₹5500
Currency Futures NA ₹325
Currency Options NA
Commodity 0.01% on sell side ₹300
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Kotak Securities Vs Karvy Exposure Margin

  Kotak Securities Ltd Karvy Stock Broking Ltd
Equity Delivery 1x (no margin) Upto 5x with 24% interest per year
Equity Intraday 50 times Upto 20x
Equity Futures 12 to 15 times Upto 4x
Equity Options Selling: 200 times | Buying: 10 times Upto 4x for shorting
Currency Futures NA Nil
Currency Options NA Nil
Commodity Futures NA Upto 4x
Commodity Options
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Kotak Securities and Karvy Feature Comparison

  Kotak Securities Ltd Karvy Stock Broking Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
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 NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15
Other Features 3-in-1 account Ask the expert, The Finapolis
Referral Program
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Kotak Securities Vs Karvy Review

  Kotak Securities Ltd Karvy Stock Broking Ltd
  135 Customer Reviews    Rate Kotak Securities 21 Customer Reviews    Rate Karvy
Fees Ratings 2.5 2.7
Trading Brokerage Rating 2.4 2.4
Trading Platform Usability 3.4 2.8
Customer Service Ratings 3.0 2.4
Overall Ratings Rated 2.6 stars Rated 2.1 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Karvy Stock Broking Ltd
Contact / Request Call Back
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Kotak Securities Vs Karvy Investment Options

  Kotak Securities Ltd Karvy Stock Broking Ltd
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 Karvy Customer Service

  Kotak Securities Ltd Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes Yes
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Kotak Securities Vs Karvy Order Type Offered

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

  Kotak Securities Ltd Karvy Stock Broking Ltd
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 Karvy Suitable For Investor Type

  Kotak Securities Ltd Karvy Stock Broking Ltd
Casual Investor Yes Yes
Active Investor Yes
Trader
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Kotak Securities Vs Karvy - Advantages and Disadvantages

  Kotak Securities Ltd Karvy Stock Broking Ltd
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.

More Advantages...

  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

More Disadvantages...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

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.

Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund

Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.

Interested in opening a trading account? Request Callback from Karvy Stock Broking.

Enquire about Kotak Securities Enquire about Karvy
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