Kotak Securities Vs SBI Securities (Compare Kotak Securities and SBI Securities)

Kotak Securities Vs SBI 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 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

	Kotak Securities	SBI Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE
Account Type	Fixed Brokerage Plan	eZ-trade
Year of Incorporation	1994	2001
Number of Branches	1209	117
Broker Enquiry
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Kotak Securities Vs SBI Securities Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while SBI Securities account opening changes is Rs 850. Kotak Securities Demat Account AMC Charges is Rs 600 and SBI Securities Demat Account AMC Charges is Rs 350.

	Kotak Securities	SBI Securities
Trading Account Opening Charges	Rs 750	Rs 850
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 600	Rs 350

Kotak Securities Vs SBI Securities Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

	Kotak Securities	SBI Securities
Account Type	Fixed Brokerage Plan	eZ-trade
Fixed Charges
Equity Delivery Brokerage	0.49%	0.50%
Equity Intraday Brokerage	0.049% (both side)	0.05%
Equity Futures Brokerage	0.049% (both side)	0.05%
Equity Options Brokerage	Rs 300 per lot	Rs 100 per lot
Currency Futures Trading Brokerage		0.03%
Currency Options Trading Brokerage		Rs 30 per lot
Commodity Futures Trading Brokerage	0.070%	NA
Commodity Options Trading Brokerage		NA
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 Vs SBI Securities Brokerage Plan 2

	Kotak Securities	SBI Securities
Account Type	Dynamic Brokerage Plan	eZ-trade
Fixed Charges
Equity Delivery Brokerage	0.59% to 0.30%	0.50%
Equity Intraday Brokerage	0.06% to 0.05%	0.05%
Equity Futures Brokerage	0.07% to 0.05%	0.05%
Equity Options Brokerage	2.5% to 1.8%	Rs 100 per lot
Currency Futures Trading Brokerage	0.04% or Rs 20 per lot	0.03%
Currency Options Trading Brokerage	Rs 20 to Rs 7.5 per lot	Rs 30 per lot
Commodity Futures Trading Brokerage		NA
Commodity Options Trading Brokerage		NA
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Kotak Securities Charges Vs SBI Securities

Minimum Brokerage Charges	Rs 21 per executed order	Rs 0.05 for Cash, Rs 0.01 Future
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	Rs 10 per call (after 30 free calls a month)

Kotak Securities Vs SBI Securities Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).

	Kotak Securities	SBI Securities
Equity Delivery	0.1% (Buy and Sell)	NSE: 0.00386% | BSE: 0.00384%
Equity Intraday	0.025% (on Sell trade)	NSE: 0.00386% | BSE: 0.00384%
Equity Futures	0.01% (on Sell trade)	NSE: 0.002206% (Rs 221/Crore)
Equity Options	0.05% (on Sell trade premium) or 0.125% (on options)	NSE: 0.05515% (Rs 5515/Crore)
Currency Futures	NA	0.002206%
Currency Options	NA	NSE: 0.05515% (Rs 5515/Crore)
Commodity	0.01% on sell side
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Kotak Securities Vs SBI Securities Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the SBI Securities margin for intraday cash is Upto 5x.

	Kotak Securities	SBI Securities
Equity Delivery	1x (no margin)	2x with Intrest
Equity Intraday	50 times	Upto 5x
Equity Futures	12 to 15 times	Nil
Equity Options	Selling: 200 times | Buying: 10 times	Nil
Currency Futures	NA	Nil
Currency Options	NA	Nil
Commodity Futures	NA	NA
Commodity Options
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Compare Kotak Securities and SBI Securities Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

	Kotak Securities	SBI Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time		2:45 PM
Other Features	3-in-1 account
Referral Program
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Kotak Securities Vs SBI Securities Review

Kotak Securities is rated 2.5 of 5 based on 163 customer reviews whereas SBI Securities is rated 2.6 of 5 based on 140 customer reviews.

	Kotak Securities	SBI Securities
	163 Customer Reviews	140 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 163 customer reviews	SBI Securities is rated 2.6 of 5 based on 140 customer reviews

Kotak Securities Vs SBI Securities Investment Options

	Kotak Securities	SBI Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs SBI Securities Order Type Offered

	Kotak Securities	SBI Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Kotak Securities Vs SBI Securities Research Report

	Kotak Securities	SBI Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs SBI Securities Suitable For Investor Type

	Kotak Securities	SBI Securities
Casual Investor
Active Investor
Trader

Kotak Securities Vs SBI Securities - Pros and Cons

	Kotak Securities	SBI 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.	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.
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.
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