The side-by-side comparison of Kotak Securities and Karvy. Compare Kotak Securities Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Karvy?
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...
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.
Kotak Securities trading account opening charges is Rs 750 while Karvy account opening changes is Rs 650. Kotak Securities Demat Account AMC Charges is Rs 600 and Karvy Demat Account AMC Charges is Rs 420.
Kotak Securities | Karvy | |
---|---|---|
Trading Account Opening Charges | Rs 750 | Rs 650 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 600 | Rs 420 |
Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.
Kotak Securities | Karvy | |
---|---|---|
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 | Rs 300 per lot | Rs 30 per lot |
Currency Futures Trading Brokerage | 0.03% | |
Currency Options Trading Brokerage | Rs 30 per lot | |
Commodity Futures Trading Brokerage | 0.070% | 0.03% |
Commodity Options Trading Brokerage | Rs 30 per lot | |
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. |
Kotak Securities | Karvy | |
---|---|---|
Account Type | Dynamic Brokerage Plan | Premium Subscription Plan of 100000 |
Fixed Charges | Rs 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% | Rs 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 | Rs 10 per lot |
Commodity Futures Trading Brokerage | 0.01% | |
Commodity Options Trading Brokerage | Rs 10 per lot |
Minimum Brokerage Charges | Rs 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 Rs 50 per month | |
Call & Trade Charges | Rs 20 per call after first 20 free calls in a month |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Karvy exchange transaction charges for options is Rs 5500.
Kotak Securities | Karvy | |
---|---|---|
Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | Rs 325 |
Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | Rs 325 |
Equity Futures | NSE: 0.0019% | Rs 230 |
Equity Options | NSE: 0.05% on Premium | Rs 5500 |
Currency Futures | NSE: 0.0009%, BSE: 0.00022% | Rs 325 |
Currency Options | NSE: 0.035%, BSE: 0.001% | |
Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Rs 300 |
Kotak Securities provides the margin of 50 times for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.
Kotak Securities | Karvy | |
---|---|---|
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 |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Karvy offers NEST, Karvy Web, Trade Mobile trading software.
Kotak Securities | Karvy | |
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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 Available | ![]() |
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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 | NEST, Karvy Web, Trade Mobile |
Intraday Square-off Time | 3:15 | |
Other Features | 3-in-1 account | Ask the expert, The Finapolis |
Referral Program |
Kotak Securities is rated 2.5 of 5 based on 166 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.
Kotak Securities | Karvy | |
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Cons |
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Reviews | ||
Promo / Offers | Kotak 3-in-1 AccountKotak 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. |
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