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Religare Vs Kotak Securities Share Broker Comparison

The side-by-side comparison of Religare and Kotak Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Religare and Kotak 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 Religare and Kotak Securities.

  Religare Kotak Securities Ltd
 
Religare Logo Kotak Securities Ltd Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type My Saver Online Plan Fixed Brokerage Plan
Broker Enquiry Open an Online Trading Account with Religare. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Religare Kotak Securities Ltd
Trading Account Opening Fees ₹500 ₹750
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 from second year onward ₹600
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Religare Kotak Securities Ltd
Account Type My Saver Online Plan Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.49%
Equity Intraday Brokerage 0.050% to 0.010% 0.049% (both side)
Equity Futures Brokerage 0.05% 0.049% (both side)
Equity Options Brokerage ₹70 per lot ₹300 per lot
Currency Futures Trading Brokerage 0.05%
Currency Options Trading Brokerage ₹30 per lot
Commodity Futures Trading Brokerage 0.05% 0.070%
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Religare Kotak Securities Ltd
Account Type My Saver Online Plan Dynamic Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.59% to 0.30%
Equity Intraday Brokerage 0.050% to 0.010% 0.06% to 0.05%
Equity Futures Brokerage 0.05% 0.07% to 0.05%
Equity Options Brokerage ₹70 per lot 2.5% to 1.8%
Currency Futures Trading Brokerage 0.05% 0.04% or Rs 20 per lot
Currency Options Trading Brokerage ₹30 per lot Rs 20 to Rs 7.5 per lot
Commodity Futures Trading Brokerage 0.05%
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges 1p per share ₹21 per executed order
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹10 per executed order (max Rs 50 per day) ₹20 per call after first 20 free calls in a month
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Taxes

  Religare Kotak 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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Transaction Charges

  Religare Kotak Securities Ltd
Equity Delivery 0.0037% 0.1% (Buy and Sell)
Equity Intraday 0.0037% 0.025% (on Sell trade)
Equity Futures 0.004% 0.01% (on Sell trade)
Equity Options 0.06% on Premium 0.05% (on Sell trade premium) or 0.125% (on options)
Currency Futures 0.004% NA
Currency Options 0.06% on Premium NA
Commodity 0.0035% 0.01% on sell side
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Exposure

  Religare Kotak Securities Ltd
Equity Delivery Upto 4x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x 50 times
Equity Futures Upto 3x 12 to 15 times
Equity Options Upto 3x for shorting Selling: 200 times | Buying: 10 times
Currency Futures Upto 2x NA
Currency Options 2x for shorting NA
Commodity Upto 3x NA
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Share Broker Features

  Religare Kotak Securities Ltd
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform Odin Diet, Web, Dynami Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time
Other Features Mutual Fund, EMI Calculator 3-in-1 account
Referral Program
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Broker Ratings (Average User Rating)

  Religare Kotak Securities Ltd
  71 Customer Reviews    Rate Religare 135 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.2 2.5
Trading Brokerage Rating 3.1 2.4
Trading Platform Usability 3.0 3.4
Customer Service Ratings 3.0 3.0
Overall Ratings Rated 2.9 stars Rated 2.6 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews
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Contact Broker / Request A Call Back

  Religare Kotak Securities Ltd
Contact / Request Call Back
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Investment Options Available

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

  Religare Kotak Securities Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Religare Kotak Securities Ltd
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Research / Tips / Reports Published

  Religare Kotak Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Religare Kotak Securities Ltd
Casual Investor Yes
Active Investor Yes
Trader

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Pros, Cons and Other Review Comments

  Religare Kotak Securities Ltd
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

More Advantages...

  • 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...

Cons
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

More Disadvantages...

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

More Disadvantages...

Reviews
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

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.

Enquire about Religare Enquire about Kotak Securities
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