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Sharekhan Vs Kotak Securities (Compare Sharekhan and Kotak Securities)

Sharekhan Logo

Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ... Know more about Kotak Securities Ltd

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Sharekhan Vs Kotak Securities

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.

  Sharekhan Kotak Securities
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2000 1994
Number of Branches 2800 153
Open Sharekhan AccountOpen Kotak Securities Account

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Sharekhan Vs Kotak Securities Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Kotak Securities account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Kotak Securities Demat Account AMC Charges is Rs 600.

  Sharekhan Kotak Securities
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 600

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Sharekhan Vs Kotak Securities Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free.

Account Type Sharekhan Classic Account Kotak Securities Trade Free Plan
Fixed Charges
Equity Delivery 0.50% 0.25% (Minimum Rs 20 per trade)
Equity Intraday 0.10% Free
Equity Futures 0.10% Delivery: Rs 20 per trade | Intraday: Free
Equity Options Rs 50 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Futures 0.10% Delivery: Rs 20 per trade | Intraday: Free
Currency Options Rs 30 per lot Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures 0.03% Delivery: Rs 20 per trade | Intraday: Free
Commodity Options 0.03% Delivery: Rs 20 per trade | Intraday: Free
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now

Sharekhan Vs Kotak Securities Brokerage Plan 2

  Sharekhan Kotak Securities
Account Type Prepaid - ₹1 Lakh Dealer Assisted Plan
Fixed Charges Rs 1,00,000 per year Rs 499 (One Time)
Equity Delivery 0.10% 0.39%
Equity Intraday 0.015% 0.039%
Equity Futures 0.015% 0.039%
Equity Options 0.05% or Rs 63 per lot Rs 39 per lot
Currency Futures Rs 9 per lot
Currency Options Rs 5 per lot
Commodity Futures 0.039%
Commodity Options Rs 39 per lot
Open Sharekhan AccountOpen Kotak Securities Account

Sharekhan Vs Kotak Securities Brokerage Plan 3

  Sharekhan Kotak Securities
Account Type Margin - ₹1 Lakh Trade Free Plan
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 0.25% (Minimum Rs 20 per trade)
Equity Intraday 0.05% Free
Equity Futures 0.05% Delivery: Rs 20 per trade | Intraday: Free
Equity Options 1% or Rs 70 per lot Delivery: Rs 20 per trade | Intraday: Free
Currency Futures Delivery: Rs 20 per trade | Intraday: Free
Currency Options Delivery: Rs 20 per trade | Intraday: Free
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free
Commodity Options Delivery: Rs 20 per trade | Intraday: Free
Open Sharekhan AccountOpen Kotak Securities Account

Sharekhan Charges Vs Kotak Securities

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 21 per executed order
Other Charges
Call & Trade Charges Rs 20 Rs 50 per call

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Sharekhan Vs Kotak Securities Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Kotak Securities exchange transaction charges for options is NSE: 0.05% on Premium.

  Sharekhan Kotak Securities
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE: 0.00325%, BSE: 0.00325%
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE: 0.00325%, BSE: 0.00325%
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) NSE: 0.0019%
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE: 0.05% on Premium
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) NSE: 0.0009%, BSE: 0.00022%
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) NSE: 0.035%, BSE: 0.001%
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%
Open Sharekhan AccountOpen Kotak Securities Account

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Sharekhan Vs Kotak Securities Leverage (Margin)

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Kotak Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Sharekhan AccountOpen Kotak Securities Account

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Compare Sharekhan and Kotak Securities Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Kotak Securities offers Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite trading software.

  Sharekhan Kotak Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform TradeTiger, Sharekhan Mobile Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Pattern finder, Class room training 3-in-1 account
Open Sharekhan AccountOpen Kotak Securities Account

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Sharekhan Vs Kotak Securities Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 183 customer reviews.

  Sharekhan Kotak Securities
  310 Customer Reviews    Rate Sharekhan 183 Customer Reviews    Rate Kotak Securities
Fees 3.0 2.4
Brokerage 2.8 2.3
Trading Platform 3.7 3.2
Customer Service 3.3 2.8
Research Capabilities 3.1 2.5
Overall Ratings Rated 3.3 stars Rated 2.4 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 310 customer reviews Kotak Securities is rated 2.4 of 5 based on 183 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Kotak Securities Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now

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Sharekhan Vs Kotak Securities Investment Options

  Sharekhan 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 Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Kotak Securities Order Type Offered

  Sharekhan Kotak Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open Sharekhan AccountOpen Kotak Securities Account

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Sharekhan Vs Kotak Securities Research Report

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

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Sharekhan Vs Kotak Securities Suitable For Investor Type

  Sharekhan Kotak Securities
Casual Investor Yes Yes
Active Investor Yes Yes
Trader

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Sharekhan Vs Kotak Securities - Pros and Cons

  Sharekhan Kotak Securities
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
Reviews
Promo / Offers

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

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

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Free Account Opening
  • Brokerage-Free Intraday trading
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Open Sharekhan AccountOpen Kotak Securities Account

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