Religare Vs Kotak Securities (Compare Religare and Kotak Securities)


Religare
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 services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


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

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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
Open an Online Trading Account with Religare.Open an Online Trading Account with Kotak Securities.
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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
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Religare Vs Kotak Securities Brokerage Charges & Plans

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
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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
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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%
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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)
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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 No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding 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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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    Rate Religare 170 Customer Reviews    Rate Kotak Securities
Fees 3.2 2.4
Brokerage 3.1 2.3
Trading Platform 3.0 3.3
Customer Service 2.9 2.8
Research Capabilities 3.2 2.6
Overall Ratings Rated 2.9 stars Rated 2.4 stars
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
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Contact Broker / Request A Call Back

  Religare Enquire Kotak Securities Enquire
Contact Broker Get Free Trading + Demat Account for limited time. Get the 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.
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Religare Vs Kotak Securities Investment Options

  Religare Kotak Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options
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Religare Vs Kotak Securities Order Type Offered

  Religare Kotak Securities
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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Religare Vs Kotak Securities Research Report

  Religare Kotak Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Religare Vs Kotak Securities Suitable For Investor Type

  Religare Kotak Securities
Casual Investor Yes
Active Investor Yes
Trader
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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

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 ReligareEnquire Kotak Securities

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