Kotak Securities Vs Upstox (Compare Kotak Securities and Upstox)

The side-by-side comparison of Kotak Securities and Upstox. Compare Kotak Securities Vs Upstox brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Upstox?


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


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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Kotak Securities Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  Kotak Securities Upstox
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Fixed Brokerage Plan Upstox Basic
Year of Incorporation 1994 2012
Number of Branches 1209 4
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 Upstox. Leave your contact info and we will get in touch with you.
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Kotak Securities Vs Upstox Charges & AMC

Kotak Securities trading account opening charges is ₹750 while Upstox account opening changes is ₹249. Kotak Securities Demat Account AMC Charges is ₹600 and Upstox Demat Account AMC Charges is ₹300.

  Kotak Securities Upstox
Trading Account Opening Charges ₹750 ₹249
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹600 ₹300
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Kotak Securities Vs Upstox Brokerage Charges & Plans

Kotak Securities Vs Upstox Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Upstox brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order or 0.05% whichever is lower.

  Kotak Securities Upstox
Account Type Fixed Brokerage Plan Upstox Basic
Fixed Charges NA
Equity Delivery Brokerage 0.49% ₹0 (Free)
Equity Intraday Brokerage 0.049% (both side) ₹20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.049% (both side) ₹20 per executed order or 0.05% whichever is lower
Equity Options Brokerage ₹300 per lot ₹20 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or 0.05% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order
Commodity Futures Trading Brokerage 0.070% ₹20 per executed order or 0.05% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order
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:

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

Kotak Securities Vs Upstox Brokerage Plan 2

  Kotak Securities Upstox
Account Type Dynamic Brokerage Plan Upstox Priority (Higher Margin)
Fixed Charges NA
Equity Delivery Brokerage 0.59% to 0.30% ₹0
Equity Intraday Brokerage 0.06% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Equity Futures Brokerage 0.07% to 0.05% ₹30 per executed order or 0.10% whichever is lower
Equity Options Brokerage 2.5% to 1.8% ₹30 per executed order
Currency Futures Trading Brokerage 0.04% or ₹20 per lot ₹30 per executed order or 0.10% whichever is lower
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot ₹30 per executed order
Commodity Futures Trading Brokerage ₹30 per executed order or 0.10% whichever is lower
Commodity Options Trading Brokerage ₹30 per executed order
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Kotak Securities Charges Vs Upstox

Minimum Brokerage Charges ₹21 per executed order 0.05%
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹20 per trade
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Kotak Securities Vs Upstox Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Upstox exchange transaction charges for options is NSE ₹5500 per Cr (0.055%) (on premium).

  Kotak Securities Upstox
Equity Delivery 0.1% (Buy and Sell) NSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday 0.025% (on Sell trade) NSE ₹325 per Cr (0.00325%) (each side)
Equity Futures 0.01% (on Sell trade) NSE ₹210 per Cr (0.0021%)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) NSE ₹5500 per Cr (0.055%) (on premium)
Currency Futures NA NSE ₹130 per Cr (0.0013%) | BSE ₹26 per Cr (0.00026%)
Currency Options NA NSE ₹2900 per Cr (0.029%) | BSE ₹2600 per Cr (0.026%) (on premium)
Commodity 0.01% on sell side Group A - ₹290 per Cr (0.0029%)
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Kotak Securities Vs Upstox Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.

  Kotak Securities Upstox
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 50 times Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity Futures 12 to 15 times Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity Options Selling: 200 times | Buying: 10 times Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency Futures NA Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency Options NA Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity Futures NA Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity Options
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Compare Kotak Securities and Upstox Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  Kotak Securities Upstox
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:15 PM
Other Features 3-in-1 account Option strategy builder
Referral Program Yes
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Kotak Securities Vs Upstox Review

Kotak Securities is rated 2.5 of 5 based on 161 customer reviews whereas Upstox is rated 2.5 of 5 based on 96 customer reviews.

  Kotak Securities Upstox
  161 Customer Reviews    Rate Kotak Securities 96 Customer Reviews    Rate Upstox
Fees 2.4 3.5
Trading Brokerage 2.3 3.5
Trading Platform Usability 3.3 2.7
Customer Service 2.9 2.3
Research Capabilities 2.7 2.3
Overall Ratings Rated 2.5 stars Rated 2.5 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 161 customer reviews Upstox is rated 2.5 of 5 based on 96 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Upstox 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.

FREE Equity Delivery Trading + Flat ₹20 per order for Intra-day and F&O. Get the Exclusive Offer

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Kotak Securities Vs Upstox Investment Options

  Kotak Securities Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
Debt No No
Other Investment Options
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Kotak Securities Vs Upstox Order Type Offered

  Kotak Securities Upstox
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
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 Upstox Research Report

  Kotak Securities Upstox
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 Upstox Suitable For Investor Type

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

  Kotak Securities Upstox
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.
  1. Upstox basic plan offers brokerage free trading in Equity Delivery segment.
  2. No brokerage for equity delivery trades.
  3. Free trading software including mobile and web trading app.
  4. Advance orders including AMO, CO and BO are available.
  5. Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
  6. AmiBroker connector available for Algo Trading.
  7. Mutual Funds are available for investment.
  8. Higher leverage is available under different brokerage plan.
  9. Online IPO, FPO, Bonds and NCD's 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'.
  • No margin funding.
  • No equity 'good till cancelled' orders.
  • Unlimited monthly plans not available.
  • Additional fee for call & trader.
  • Additional fee for square off done by the broker.
  • Higher demat debit transaction charges.
  • No stock tips or recommendations.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Doesn't offer BTST facility.
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.

FREE Equity Delivery Trading

Open Upstox Trading Account and get brokerage FREE Equity Delivery Trades (₹0 brokerage). Trade in Intra-day and F&O Trades at flat ₹20 per order.

Request Callback
Enquire Kotak SecuritiesEnquire Upstox

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