Sharekhan Vs Kotak Securities (Compare Sharekhan and Kotak Securities)


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
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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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 1209 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 1209
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with Kotak Securities.
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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 750. 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 750
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 600
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Sharekhan Vs Kotak Securities Brokerage Charges & Plans

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 0.49% and intraday is 0.049% (both side).

  Sharekhan Kotak Securities
Account Type Classic Account Fixed Brokerage Plan
Fixed Charges
Equity Delivery 0.50% 0.49%
Equity Intraday 0.10% 0.049% (both side)
Equity Futures 0.10% 0.049% (both side)
Equity Options Rs 50 per lot Rs 300 per lot
Currency Futures 0.10%
Currency Options Rs 30 per lot
Commodity Futures 0.03% 0.070%
Commodity Options 0.03%
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: 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.

Sharekhan Vs Kotak Securities Brokerage Plan 2

  Sharekhan Kotak Securities
Account Type Prepaid - ₹1 Lakh Dynamic Brokerage Plan
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.59% to 0.30%
Equity Intraday 0.015% 0.06% to 0.05%
Equity Futures 0.015% 0.07% to 0.05%
Equity Options 0.05% or Rs 63 per lot 2.5% to 1.8%
Currency Futures 0.04% or Rs 20 per lot
Currency Options Rs 20 to Rs 7.5 per lot
Commodity Futures
Commodity Options
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Sharekhan Vs Kotak Securities Brokerage Plan 3

  Sharekhan Kotak Securities
Account Type Margin - ₹1 Lakh Fixed Brokerage Plan
Fixed Charges Rs 1,00,000 margin
Equity Delivery 0.25% 0.49%
Equity Intraday 0.05% 0.049% (both side)
Equity Futures 0.05% 0.049% (both side)
Equity Options 1% or Rs 70 per lot Rs 300 per lot
Currency Futures
Currency Options
Commodity Futures 0.070%
Commodity Options
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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 SMS Alerts at Rs 50 per month
Call & Trade Charges Rs 20 Rs 20 per call after first 20 free calls in a month
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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%
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Sharekhan Vs Kotak Securities Leverage (Margin)

Sharekhan 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.

  Sharekhan 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 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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
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
Other Features Pattern finder, Class room training 3-in-1 account
Referral Program
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Sharekhan Vs Kotak Securities Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Kotak Securities is rated 2.4 of 5 based on 170 customer reviews.

  Sharekhan Kotak Securities
  301 Customer Reviews    Rate Sharekhan 170 Customer Reviews    Rate Kotak Securities
Fees 3.0 2.4
Brokerage 2.8 2.3
Trading Platform 3.7 3.3
Customer Service 3.3 2.8
Research Capabilities 3.0 2.6
Overall Ratings Rated 3.3 stars Rated 2.4 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 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

  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.
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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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 No
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
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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.
  • 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
  • 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.
  • 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

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 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 SharekhanEnquire Kotak Securities

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Sharekhan Kotak Securities
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