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Kotak Securities Vs MyValueTrade Share Broker Comparison

The side-by-side comparison of Kotak Securities Ltd and Master Capital Services Ltd stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and MyValueTrade's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Kotak Securities and MyValueTrade.

  Kotak Securities Ltd Master Capital Services Ltd
 
Kotak Securities Ltd Logo Master Capital Services 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 MyValueTrade (MVT) is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India with over 1.5 lakh clients. Co... Know more about Master Capital Services Ltd
Type of Broker What is this parameter? Full Service Broker Discount Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type What is this parameter? Fixed Brokerage Plan Per Order Executed
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 MyValueTrade. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Kotak Securities Ltd Master Capital Services Ltd
Trading Account Opening Fees What is this parameter? ₹750 ₹555
Trading Account AMC What is this parameter? ₹0 Nil
Demat Account Opening Fees What is this parameter? ₹0 Nil
Demat Account AMC What is this parameter? ₹600 ₹400
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Kotak Securities Ltd Master Capital Services Ltd
Account Type Fixed Brokerage Plan Per Order Executed
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.49% ₹10 per executed order
Equity Intraday Brokerage What is this parameter? 0.049% (both side) ₹10 per executed order
Equity Futures Brokerage What is this parameter? 0.049% (both side) ₹10 per executed order
Equity Options Brokerage What is this parameter? ₹300 per lot ₹10 per executed order
Currency Futures Trading Brokerage What is this parameter? ₹10 per executed order
Currency Options Trading Brokerage What is this parameter? ₹10 per executed order
Commodity Futures Trading Brokerage What is this parameter? 0.070% ₹10 per executed order
Commodity Options Trading Brokerage What is this parameter?

Brokerage Plan 2

  Kotak Securities Ltd Master Capital Services Ltd
Account Type Dynamic Brokerage Plan Fixed Monthly Plan
Fixed Charges What is this parameter? ₹1000
Equity Delivery Brokerage What is this parameter? 0.59% to 0.30% ₹0
Equity Intraday Brokerage What is this parameter? 0.06% to 0.05% ₹0
Equity Futures Brokerage What is this parameter? 0.07% to 0.05% ₹0
Equity Options Brokerage What is this parameter? 2.5% to 1.8% ₹0
Currency Futures Trading Brokerage What is this parameter? 0.04% or Rs 20 per lot ₹0
Currency Options Trading Brokerage What is this parameter? Rs 20 to Rs 7.5 per lot ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹21 per executed order ₹10 or .01% whichever is lower
Other Brokerage Charges What is this parameter? SMS Alerts at ₹50 per month Call & Trade: ₹20 per executed order
Call & Trade Charges What is this parameter? ₹20 per call after first 20 free calls in a month
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Taxes

  Kotak Securities Ltd Master Capital Services Ltd
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? 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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Transaction Charges

  Kotak Securities Ltd Master Capital Services Ltd
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹325
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹325
Equity Futures What is this parameter? NSE ₹300 | BSE ₹150
Equity Options What is this parameter? NSE ₹6000 | BSE ₹3500
Currency Futures What is this parameter? NSE ₹120 | BSE ₹100
Currency Options What is this parameter? NSE ₹4200 | BSE ₹1000
Commodity What is this parameter? MCX ₹250
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Exposure

  Kotak Securities Ltd Master Capital Services Ltd
Equity Delivery What is this parameter? 1x (no margin)
Equity Intraday What is this parameter? 50 times
Equity Futures What is this parameter? 12 to 15 times
Equity Options What is this parameter? Selling: 200 times | Buying: 10 times
Currency Futures What is this parameter? NA
Currency Options What is this parameter? NA
Commodity What is this parameter? NA
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Share Broker Features

  Kotak Securities Ltd Master Capital Services Ltd
3 in 1 Account What is this parameter? Yes No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes No
Margin Trading Funding Available What is this parameter? No Yes
Margin Against Shares (Equity Cash) What is this parameter? Yes
Margin Against Shares (Equity F&O) What is this parameter? No
Trading Platform What is this parameter? Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite OMNESYS NEST
Intraday Square-off Time What is this parameter?
Other Features What is this parameter? 3-in-1 account
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Broker Ratings (Average User Rating)

  Kotak Securities Ltd Master Capital Services Ltd
  133 Customer Reviews    Rate Kotak Securities 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 2.5 3.4
Trading Brokerage Rating 2.4 4.4
Trading Platform Usability 3.4 3.8
Customer Service Ratings 3.0 3.8
Overall Ratings Rated 2.6 stars Rated 3.8 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews MyValueTrade is Rated 3.8 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Master Capital Services Ltd
Contact / Request Call Back
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Investment Options Available

  Kotak Securities Ltd Master Capital Services Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes Yes
Debt What is this parameter? No Yes
Other Investment Options What is this parameter? Mutual Funds
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Customer Service Offered

  Kotak Securities Ltd Master Capital Services Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? Yes Yes
Through Branches What is this parameter? Yes No
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Order Type

  Kotak Securities Ltd Master Capital Services Ltd
Bracket Order What is this parameter? Yes
Cover Order What is this parameter? Yes
Buy Today Sell Tomorrow (BTST) What is this parameter? Yes
Sell Today Buy Tomorrow (STBT) What is this parameter? No
After Market Order(AMO) What is this parameter? Yes
Good Till Cancelled (GTC) What is this parameter? Yes
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Research / Tips / Reports Published

  Kotak Securities Ltd Master Capital Services Ltd
Daily Market Report What is this parameter? Yes No
Free Tips What is this parameter? Yes No
Quarterly Result Analysis What is this parameter? Yes No
News Alerts What is this parameter? Yes No
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Suitable for Investor Category

  Kotak Securities Ltd Master Capital Services Ltd
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Kotak Securities Ltd Master Capital Services Ltd
Pros What is this parameter?
  • 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. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  2. Funds transfer facility with 45 major banks available.
  3. MyValueTrade gives Intraday up to 33 times exposure
  4. No minimum brokerage.
  5. No need to login in different platforms for different segment.
  6. No more need to transfer deposits in one exchange to another for trading.
  7. Trade across all segments using Flexi-Balance feature wherein the balance across different segments viz. Equity, commodity, derivatives and currency can be used as one single balance.

More Advantages...

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

More Disadvantages...

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?

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.

Enquire about Kotak Securities Enquire about MyValueTrade
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