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
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	1994	1994
Number of Branches	1500	1209
	Enquire Religare	Enquire Kotak Securities

Religare Vs Kotak Securities Charges & AMC

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

	Religare	Kotak Securities
Trading Account Opening Charges	Rs 500	Rs 750
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 400 from second year onward	Rs 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	0.50% to 0.10%	0.49%
Equity Intraday	0.050% to 0.010%	0.049% (both side)
Equity Futures	0.05%	0.049% (both side)
Equity Options	Rs 70 per lot	Rs 300 per lot
Currency Futures	0.05%
Currency Options	Rs 30 per lot
Commodity Futures	0.05%	0.070%
Commodity Options	Rs 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	0.50% to 0.10%	0.59% to 0.30%
Equity Intraday	0.050% to 0.010%	0.06% to 0.05%
Equity Futures	0.05%	0.07% to 0.05%
Equity Options	Rs 70 per lot	2.5% to 1.8%
Currency Futures	0.05%	0.04% or Rs 20 per lot
Currency Options	Rs 30 per lot	Rs 20 to Rs 7.5 per lot
Commodity Futures	0.05%
Commodity Options	Rs 30 per lot
	Enquire Religare	Enquire Kotak Securities

Religare Charges Vs Kotak Securities

Minimum Brokerage	1p per share	Rs 21 per executed order
Other Charges		SMS Alerts at Rs 50 per month
Call & Trade Charges	Rs 10 per executed order (max Rs 50 per day)	Rs 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 NSE: 0.05% on Premium.

	Religare	Kotak Securities
Equity Delivery	0.0037%	NSE: 0.00325%, BSE: 0.00325%
Equity Intraday	0.0037%	NSE: 0.00325%, BSE: 0.00325%
Equity Futures	0.004%	NSE: 0.0019%
Equity Options	0.06% on Premium	NSE: 0.05% on Premium
Currency Futures	0.004%	NSE: 0.0009%, BSE: 0.00022%
Currency Options	0.06% on Premium	NSE: 0.035%, BSE: 0.001%
Commodity	0.0035%	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
	Enquire Religare	Enquire Kotak Securities

Religare Vs Kotak Securities Leverage (Margin)

Religare margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Kotak Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Religare	Kotak Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Religare	Enquire Kotak Securities

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
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
	Enquire Religare	Enquire Kotak Securities

Religare Vs Kotak Securities Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 170 customer reviews.

	Religare	Kotak Securities
	77 Customer Reviews	170 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 77 customer reviews	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews

Religare Vs Kotak Securities Investment Options

	Religare	Kotak Securities
Stock / Equity
Commodity
Currency
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)
	Enquire Religare	Enquire Kotak Securities

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 Rs 999 per annum. Call and Trade is charged at Rs 10 per executed order (maximum Rs 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 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 Religare	Enquire Kotak Securities