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.
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Religare |
Kotak Securities Ltd |
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| 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...  |
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... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MCX |
BSE, NSE, MCX, NCDEX |
| Account Type
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My Saver Online Plan |
Fixed Brokerage Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Religare |
Kotak Securities Ltd |
| Trading Account Opening Fees
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₹1000 |
₹750 |
| Trading Account AMC
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Nil |
₹0 |
| Demat Account Opening Fees
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Nil |
₹0 |
| Demat Account AMC
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₹350 |
₹600 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Religare |
Kotak Securities Ltd |
| Account Type |
My Saver Online Plan |
Fixed Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% to 0.10% |
0.49% |
| Equity Intraday Brokerage
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0.050% to 0.010% |
0.049% (both side) |
| Equity Futures Brokerage
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0.05% |
0.049% (both side) |
| Equity Options Brokerage
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₹100 per lot |
₹300 per lot |
| Currency Futures Trading Brokerage
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₹25 to ₹10 per lot |
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| Currency Options Trading Brokerage
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₹25 to ₹10 per lot |
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| Commodity Futures Trading Brokerage
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0.05% |
0.070% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Religare |
Kotak Securities Ltd |
| Account Type |
My Saver Online Plan |
Dynamic Brokerage Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% to 0.10% |
0.59% to 0.30% |
| Equity Intraday Brokerage
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0.050% to 0.010% |
0.06% to 0.05% |
| Equity Futures Brokerage
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0.05% |
0.07% to 0.05% |
| Equity Options Brokerage
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₹100 per lot |
2.5% to 1.8% |
| Currency Futures Trading Brokerage
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₹25 to ₹10 per lot |
0.04% or Rs 20 per lot |
| Currency Options Trading Brokerage
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₹25 to ₹10 per lot |
Rs 20 to Rs 7.5 per lot |
| Commodity Futures Trading Brokerage
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0.05% |
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| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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1p per share |
₹21 per executed order |
| Other Brokerage Charges
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SMS Alerts at ₹50 per month |
| Call & Trade Charges
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₹10 per executed order (max Rs 50 per day) |
₹20 per call after first 20 free calls in a month |
Taxes
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Religare |
Kotak Securities Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Religare |
Kotak Securities Ltd |
| Equity Delivery
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0.0037% |
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| Equity Intraday
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0.0037% |
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| Equity Futures
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0.004% |
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| Equity Options
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0.06% on Premium |
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| Currency Futures
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0.004% |
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| Currency Options
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0.06% on Premium |
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| Commodity
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0.0035% |
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Exposure
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Religare |
Kotak Securities Ltd |
| Equity Delivery
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1x (no margin) |
| Equity Intraday
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50 times |
| Equity Futures
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12 to 15 times |
| Equity Options
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Selling: 200 times | Buying: 10 times |
| Currency Futures
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NA |
| Currency Options
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NA |
| Commodity
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NA |
Share Broker Features
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Religare |
Kotak Securities Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Odin Diet |
Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite |
| Intraday Square-off Time
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| Other Features
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3-in-1 account |
Broker Ratings (Average User Rating)
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Religare |
Kotak Securities Ltd |
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71 Customer Reviews  |
133 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Religare is Rated 2.9 / 5 based on 71 customer reviews |
Kotak Securities is Rated 2.6 / 5 based on 133 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Religare |
Kotak Securities Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Religare |
Kotak Securities Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Religare |
Kotak Securities Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Religare |
Kotak Securities Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Religare |
Kotak Securities Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Religare |
Kotak Securities Ltd |
| Pros
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- 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
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- 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
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| Promo / Offers
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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. |
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Enquire about Religare
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Enquire about Kotak Securities
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee