Religare Vs Kotak Securities (Compare Religare and Kotak Securities)

Religare Vs Kotak Securities

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India.

	Religare	Kotak Securities
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	My Saver Online Plan	Fixed Brokerage Plan
Year of Incorporation	1994	1994
Number of Branches	1500	1209
Broker Enquiry
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Religare Vs Kotak Securities Charges & AMC

Religare trading account opening charges is ₹500 while Kotak Securities account opening changes is ₹750. Religare Demat Account AMC Charges is ₹400 from second year onward and Kotak Securities Demat Account AMC Charges is ₹600.

	Religare	Kotak Securities
Trading Account Opening Charges	₹500	₹750
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹0
Demat Account AMC Charges	₹400 from second year onward	₹600

Religare Vs Kotak Securities Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side).

	Religare	Kotak Securities
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
Special Offer	Special Offer: Get Free Trading + Demat Account for limited time. Get the 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.

Religare Vs Kotak Securities Brokerage Plan 2

	Religare	Kotak Securities
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 ₹20 per lot
Currency Options Trading Brokerage	₹30 per lot	₹20 to ₹7.5 per lot
Commodity Futures Trading Brokerage	0.05%
Commodity Options Trading Brokerage	₹30 per lot
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Religare Charges Vs Kotak Securities

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 ₹50 per day)	₹20 per call after first 20 free calls in a month

Religare Vs Kotak Securities Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Kotak Securities exchange transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options).

	Religare	Kotak Securities
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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Religare Vs Kotak Securities Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Kotak Securities margin for intraday cash is 50 times.

	Religare	Kotak Securities
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 Futures	Upto 3x	NA
Commodity Options
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Compare Religare and Kotak Securities Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

	Religare	Kotak Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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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Religare Vs Kotak Securities Review

Religare is rated 2.9 of 5 based on 75 customer reviews whereas Kotak Securities is rated 2.5 of 5 based on 159 customer reviews.

	Religare	Kotak Securities
	75 Customer Reviews	159 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 75 customer reviews	Kotak Securities is rated 2.5 of 5 based on 159 customer reviews

Religare Vs Kotak Securities Investment Options

	Religare	Kotak Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Religare Vs Kotak Securities Order Type Offered

	Religare	Kotak Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Religare Vs Kotak Securities Research Report

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

Religare Vs Kotak Securities Suitable For Investor Type

	Religare	Kotak Securities
Casual Investor
Active Investor
Trader

Religare Vs Kotak Securities - Pros and Cons

	Religare	Kotak Securities
Pros	3 to 4 times exposure is given in cash as well as F&O segment.	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.
Cons	EXE Based trading terminal are available for ₹999 per annum. Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
Reviews
Promo / Offers	Religare offer FREE Trading + Demat Account. In addition you get ₹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.
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