Kotak Securities Vs Paytm Money (Compare Kotak Securities and Paytm Money)


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


Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Kotak Securities Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Kotak Securities Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 1994 2017
Number of Branches 1209 1
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Kotak Securities Vs Paytm Money Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Paytm Money account opening changes is Rs 200. Kotak Securities Demat Account AMC Charges is Rs 600 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Kotak Securities Paytm Money
Trading Account Opening Charges Rs 750 Rs 200
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 600 Rs 0 (Free)
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Kotak Securities Vs Paytm Money Brokerage Charges & Plans

Kotak Securities Vs Paytm Money Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Kotak Securities Paytm Money
Account Type Fixed Brokerage Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.49% Rs 0 (Free)
Equity Intraday 0.049% (both side) Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.049% (both side) Rs 10 per executed order
Equity Options Rs 300 per lot Rs 10 per executed order
Currency Futures
Currency Options
Commodity Futures 0.070%
Commodity Options
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: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer

Kotak Securities Vs Paytm Money Brokerage Plan 2

  Kotak Securities Paytm Money
Account Type Dynamic Brokerage Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.59% to 0.30% Rs 0 (Free)
Equity Intraday 0.06% to 0.05% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.07% to 0.05% Rs 10 per executed order
Equity Options 2.5% to 1.8% Rs 10 per executed order
Currency Futures 0.04% or Rs 20 per lot
Currency Options Rs 20 to Rs 7.5 per lot
Commodity Futures
Commodity Options

Kotak Securities Charges Vs Paytm Money

Minimum Brokerage Rs 21 per executed order Rs 0.01 per executed order on Equity Delivery trades
Other Charges SMS Alerts at Rs 50 per month Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per call after first 20 free calls in a month Rs 300
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Kotak Securities Vs Paytm Money Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Kotak Securities Paytm Money
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE: 0.0019% Rs 190 per Cr (0.0019%)
Equity Options NSE: 0.05% on Premium Rs 5,000 per Cr (0.05%)
Currency Futures NSE: 0.0009%, BSE: 0.00022%
Currency Options NSE: 0.035%, BSE: 0.001%
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
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Kotak Securities Vs Paytm Money Leverage (Margin)

Kotak Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Paytm Money margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Kotak Securities Paytm Money
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Kotak Securities and Paytm Money Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Kotak Securities Paytm Money
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM
Other Features 3-in-1 account
Referral Program
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Kotak Securities Vs Paytm Money Review

Kotak Securities is rated 2.4 of 5 based on 170 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 16 customer reviews.

  Kotak Securities Paytm Money
  170 Customer Reviews    Rate Kotak Securities 16 Customer Reviews    Rate Paytm Money
Fees 2.4 3.4
Brokerage 2.3 3.9
Trading Platform 3.3 3.7
Customer Service 2.8 2.5
Research Capabilities 2.6 3.2
Overall Ratings Rated 2.4 stars Rated 3.4 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 170 customer reviews Paytm Money is rated 3.4 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Paytm Money 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.
Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer
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Kotak Securities Vs Paytm Money Investment Options

  Kotak Securities Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt No No
Other Investment Options NPS Retirement Fund, Digital Fund
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Kotak Securities Vs Paytm Money Order Type Offered

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

  Kotak Securities Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Kotak Securities Vs Paytm Money Suitable For Investor Type

  Kotak Securities Paytm Money
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
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Kotak Securities Vs Paytm Money - Pros and Cons

  Kotak Securities Paytm Money
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.
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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 (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback.

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Kotak Securities Paytm Money
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