Kotak Securities Vs SBI Securities Share Broker Comparison
The side-by-side comparison of Kotak Securities Ltd and SBICAP Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Kotak Securities and SBI Securities'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 SBI Securities.
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Kotak Securities Ltd |
SBICAP Securities Ltd |
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| 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...  |
SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX-SX, MCX, NCDEX |
BSE, NSE |
| Account Type
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Fixed Brokerage Plan |
eZ-trade |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Trading Account Opening Fees
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Rs 750 |
₹850 |
| Trading Account AMC
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Rs 0 |
₹0 |
| Demat Account Opening Fees
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Rs 0 |
₹0 |
| Demat Account AMC
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Rs 600 |
₹500 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Account Type |
Fixed Brokerage Plan |
eZ-trade |
| Fixed Charges
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| Equity Delivery Brokerage
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0.49% |
0.50% |
| Equity Intraday Brokerage
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0.049% |
0.05% |
| Equity Futures Brokerage
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0.049% |
0.06% |
| Equity Options Brokerage
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Rs 300 |
₹100 per lot |
| Currency Futures Trading Brokerage
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0.03% |
| Currency Options Trading Brokerage
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Rs 30 per lot |
| Commodity Futures Trading Brokerage
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0.070% |
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| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Account Type |
Dynamic Brokerage Plan |
eZ-trade |
| Fixed Charges
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| Equity Delivery Brokerage
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0.59% to 0.30% |
0.50% |
| Equity Intraday Brokerage
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0.06% to 0.05% |
0.05% |
| Equity Futures Brokerage
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0.07% to 0.05% |
0.06% |
| Equity Options Brokerage
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2.5% to 1.8% |
₹100 per lot |
| Currency Futures Trading Brokerage
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0.04% or Rs 20 per lot |
0.03% |
| Currency Options Trading Brokerage
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Rs 20 to Rs 7.5 per lot |
Rs 30 per lot |
| Commodity Futures Trading Brokerage
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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4 paise for delivery and 3 paise for Intraday and Futures orders |
₹0.05 for Cash, ₹0.01 Future |
| Other Brokerage Charges
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| Call & Trade Charges
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₹10 per call (after 30 free calls a month) |
Taxes
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Equity Delivery
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NSE: 0.00386% | BSE: 0.00384% |
| Equity Intraday
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NSE: 0.00386% | BSE: 0.00384% |
| Equity Futures
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NSE: 0.002206% (₹221/Crore) |
| Equity Options
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NSE: 0.05515% (₹5515/Crore) |
| Currency Futures
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0.002206% |
| Currency Options
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NSE: 0.05515% (₹5515/Crore) |
| Commodity
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Exposure
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Equity Delivery
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1x (no margin) |
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| Equity Intraday
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50 times |
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| Equity Futures
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12 to 15 times |
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| Equity Options
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Selling: 200 times | Buying: 10 times |
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| Currency Futures
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NA |
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| Currency Options
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NA |
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| Commodity
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NA |
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Share Broker Features
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| 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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| Trading Platform
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ODIN Diet |
| Intraday Square-off Time
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2:45 PM |
| Other Features
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Trading software terminal: Keat Pro X |
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Broker Ratings (Average User Rating)
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Kotak Securities Ltd |
SBICAP Securities Ltd |
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132 Customer Reviews  |
124 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Kotak Securities is Rated 2.6 / 5 based on 132 customer reviews |
SBI Securities is Rated 2.6 / 5 based on 124 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Kotak Securities Ltd |
SBICAP Securities Ltd |
| Pros
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- Offers 3-in-1 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... |
More Advantages... |
| Cons
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- The brokerage changed by them of higher than the discount brokers.
- Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
More Disadvantages... |
- Only online website based trading is available. Installable trading Terminal is not available.
- Good Till Cancelled (GTC) orders are not available.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Enquire about Kotak Securities
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee