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

The side-by-side comparison of Kotak Securities and SBI Securities. Compare Kotak Securities Vs SBI Securities brokerage, charges, exposure margin, demat account. Read SBI Securities and Kotak Securities review.

Find out Kotak Securities Vs SBI Securities which is better and Kotak Securities Vs SBI Securities which is best.

Our Kotak Securities Ltd comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and SBI Securities.

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Kotak Securities Vs SBI Securities

  Kotak Securities Ltd SBICAP Securities Ltd
 
Kotak Securities Ltd Logo SBICAP Securities 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 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 ... Know more about SBICAP Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Fixed Brokerage Plan eZ-trade
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 SBI Securities. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2001
Number of Branches 1209 117
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Kotak Securities Vs SBI Securities Charges

  Kotak Securities Ltd SBICAP Securities Ltd
Trading Account Opening Fees ₹750 ₹850
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹600 ₹350
Demat Account is Mandatory? No No
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Kotak Securities Vs SBI Securities Brokerage

Brokerage Plan 1

  Kotak Securities Ltd SBICAP Securities Ltd
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 ₹300 per lot ₹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

Brokerage Plan 2

  Kotak Securities Ltd SBICAP Securities Ltd
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% ₹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

Other Charges

Minimum Brokerage Charges ₹21 per executed order ₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹10 per call (after 30 free calls a month)
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Kotak Securities Vs SBI Securities Taxes

  Kotak Securities Ltd SBICAP Securities Ltd
Securities Transaction Tax (STT)
  • 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 Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 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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Kotak Securities Vs SBI Securities Transaction Charges

  Kotak Securities Ltd SBICAP Securities Ltd
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% (₹221/Crore)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) NSE: 0.05515% (₹5515/Crore)
Currency Futures NA 0.002206%
Currency Options NA NSE: 0.05515% (₹5515/Crore)
Commodity 0.01% on sell side
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Kotak Securities Vs SBI Securities Exposure Margin

  Kotak Securities Ltd SBICAP Securities Ltd
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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Kotak Securities and SBI Securities Feature Comparison

  Kotak Securities Ltd SBICAP Securities Ltd
3 in 1 Account Yes Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
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 Ltd SBICAP Securities Ltd
  135 Customer Reviews    Rate Kotak Securities 126 Customer Reviews    Rate SBI Securities
Fees Ratings 2.5 3.2
Trading Brokerage Rating 2.4 2.8
Trading Platform Usability 3.4 2.7
Customer Service Ratings 3.0 2.8
Overall Ratings Rated 2.6 stars Rated 2.6 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews SBI Securities is Rated 2.6 / 5 based on 126 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd SBICAP Securities Ltd
Contact / Request Call Back
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Kotak Securities Vs SBI Securities Investment Options

  Kotak Securities Ltd SBICAP Securities Ltd
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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Kotak Securities Vs SBI Securities Customer Service

  Kotak Securities Ltd SBICAP Securities Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
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Kotak Securities Vs SBI Securities Order Type Offered

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

  Kotak Securities Ltd SBICAP Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Kotak Securities Vs SBI Securities Suitable For Investor Type

  Kotak Securities Ltd SBICAP Securities Ltd
Casual Investor Yes Yes
Active Investor Yes
Trader
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Kotak Securities Vs SBI Securities - Advantages and Disadvantages

  Kotak Securities Ltd SBICAP Securities Ltd
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.

More Advantages...

  • 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.

More Advantages...

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

More Disadvantages...

  • 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.

More Disadvantages...

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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