Kotak Securities Vs Alice Blue (Compare Kotak Securities and Alice Blue)

Kotak Securities Vs Alice Blue

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Kotak Securities	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1994
Number of Branches	153
	Open Kotak Securities Account	Open Alice Blue Account

Kotak Securities Vs Alice Blue Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Kotak Securities Demat Account AMC Charges is Rs 600 and Alice Blue Demat Account AMC Charges is Rs 400.

	Kotak Securities	Alice Blue
Trading Account Opening Charges	Rs 0 (Free)	Rs 150
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 600	Rs 400

Kotak Securities Vs Alice Blue Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

Account Type	Kotak Securities Trade Free Plan	Alice Blue Freedom 15
Fixed Charges
Equity Delivery	0.25% (Minimum Rs 20 per trade)	Rs 0 (Free)
Equity Intraday	Free	Rs 15 per order or 0.01% whichever is lower
Equity Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order or 0.01% whichever is lower
Equity Options	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Currency Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order or 0.01% whichever is lower
Currency Options	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Commodity Futures	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order or 0.01% whichever is lower
Commodity Options	Delivery: Rs 20 per trade | Intraday: Free	Rs 15 per order
Special Offer	Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now	Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Kotak Securities Vs Alice Blue Brokerage Plan 2

	Kotak Securities	Alice Blue
Account Type	Dealer Assisted Plan	Freedom 15
Fixed Charges	Rs 499 (One Time)
Equity Delivery	0.39%	Rs 0 (Free)
Equity Intraday	0.039%	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.039%	Rs 15 per order or 0.01% whichever is lower
Equity Options	Rs 39 per lot	Rs 15 per order
Currency Futures	Rs 9 per lot	Rs 15 per order or 0.01% whichever is lower
Currency Options	Rs 5 per lot	Rs 15 per order
Commodity Futures	0.039%	Rs 15 per order or 0.01% whichever is lower
Commodity Options	Rs 39 per lot	Rs 15 per order
	Open Kotak Securities Account	Open Alice Blue Account

Kotak Securities Charges Vs Alice Blue

Minimum Brokerage	Rs 21 per executed order	Rs 0
Other Charges
Call & Trade Charges	Rs 50 per call	Rs 20 per executed order

Kotak Securities Vs Alice Blue Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

	Kotak Securities	Alice Blue
Equity Delivery	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday	NSE: 0.00325%, BSE: 0.00325%	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures	NSE: 0.0019%	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options	NSE: 0.05% on Premium	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures	NSE: 0.0009%, BSE: 0.00022%	NSE Rs 135 per Cr (0.00135%)
Currency Options	NSE: 0.035%, BSE: 0.001%	NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Open Kotak Securities Account	Open Alice Blue Account

Kotak Securities Vs Alice Blue Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Kotak Securities	Alice Blue
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Kotak Securities Account	Open Alice Blue Account

Compare Kotak Securities and Alice Blue Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Kotak Securities	Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time		Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account
	Open Kotak Securities Account	Open Alice Blue Account

Kotak Securities Vs Alice Blue Review

Kotak Securities is rated 2.3 of 5 based on 184 customer reviews whereas Alice Blue is rated 3.2 of 5 based on 37 customer reviews.

	Kotak Securities	Alice Blue
	184 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.3 of 5 based on 184 customer reviews	Alice Blue is rated 3.2 of 5 based on 37 customer reviews

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Kotak Securities Vs Alice Blue Investment Options

	Kotak Securities	Alice Blue
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Kotak Securities Vs Alice Blue Order Type Offered

	Kotak Securities	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Kotak Securities Account	Open Alice Blue Account

Kotak Securities Vs Alice Blue Research Report

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

Kotak Securities Vs Alice Blue Suitable For Investor Type

	Kotak Securities	Alice Blue
Casual Investor
Active Investor
Trader

Kotak Securities Vs Alice Blue - Pros and Cons

	Kotak Securities	Alice Blue
Pros	Kotak Securities is a bank-based broker offering a 3-in-1 account. Brokerage free intraday trading with online trading plans. Zero brokerage across all segments for investors up to the age of 30 years. Company is part of leading private bank (Kotak Mahindra Bank). NEST trading platform is available for frequent traders. Charges are lowest amoung bank-based brokers.	Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O. Advance online trading platform.
Cons	High Equity delivery brokerage charges. High demat AMC changes (Rs 66 per month). Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox. A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years. The customer has to pay a yearly plan subscription fee of Rs 499. Very high brokerage in dealer-assisted brokerage plan. Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers	Kotak Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Free Account Opening Brokerage-Free Intraday trading Flat Rs. 20 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now	Alice Blue Special Offer Free Equity Delivery Trade Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.
	Open Kotak Securities Account	Open Alice Blue Account