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Sharekhan Vs Kotak Securities Share Broker Comparison

The side-by-side comparison of Sharekhan and Kotak Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan 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 Sharekhan and Kotak Securities.

  Sharekhan Kotak Securities Ltd
 
Sharekhan Logo Kotak Securities Ltd Logo
About the Broker 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 & f... Know more about Sharekhan 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... Know more about Kotak Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Account Type Classic Account Fixed Brokerage Plan
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Kotak Securities Ltd
Trading Account Opening Fees ₹0 (Free) ₹750
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹400 (Free for 1st year) ₹600
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

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

Brokerage Plan 2

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

Brokerage Plan 3

  Sharekhan Kotak Securities Ltd
Account Type Margin - ₹1 Lakh Fixed Brokerage Plan
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% 0.49%
Equity Intraday Brokerage 0.05% 0.049% (both side)
Equity Futures Brokerage 0.05% 0.049% (both side)
Equity Options Brokerage 1% or ₹70 per lot ₹300 per lot
Currency Futures Trading Brokerage
Currency Options Trading Brokerage
Commodity Futures Trading Brokerage 0.070%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹21 per executed order
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges Rs 20 ₹20 per call after first 20 free calls in a month
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Taxes

  Sharekhan Kotak Securities Ltd
Securities Transaction Tax (STT)
  • 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)
  • 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)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan Kotak Securities Ltd
Equity Delivery NSE ₹325 | BSE ₹275 0.1% (Buy and Sell)
Equity Intraday NSE ₹325 | BSE ₹275 0.025% (on Sell trade)
Equity Futures NSE ₹190 | BSE ₹50 0.01% (on Sell trade)
Equity Options NSE ₹5000 | BSE ₹50 0.05% (on Sell trade premium) or 0.125% (on options)
Currency Futures NSE ₹135 | MCX ₹130 NA
Currency Options NSE ₹4220 | MCX ₹3220 NA
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 0.01% on sell side
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Exposure

  Sharekhan Kotak Securities Ltd
Equity Delivery Upto 5x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x 50 times
Equity Futures 2x 12 to 15 times
Equity Options Nil Selling: 200 times | Buying: 10 times
Currency Futures Nil NA
Currency Options Nil NA
Commodity Upto 2x NA
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Share Broker Features

  Sharekhan Kotak Securities Ltd
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 Available 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
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Broker Ratings (Average User Rating)

  Sharekhan Kotak Securities Ltd
  277 Customer Reviews    Rate Sharekhan 134 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.1 2.5
Trading Brokerage Rating 2.9 2.4
Trading Platform Usability 3.7 3.4
Customer Service Ratings 3.4 3.0
Overall Ratings Rated 3.4 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Kotak Securities is Rated 2.6 / 5 based on 134 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Kotak Securities Ltd
Contact / Request Call Back
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Investment Options Available

  Sharekhan Kotak Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Loans, NRI Trading
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Customer Service Offered

  Sharekhan Kotak Securities Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Sharekhan Kotak Securities Ltd
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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Research / Tips / Reports Published

  Sharekhan Kotak Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

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

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Pros, Cons and Other Review Comments

  Sharekhan Kotak Securities Ltd
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.

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
  • 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 ₹400 as AMC for trading account in addition to ₹400 for demat account.

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
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

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 about Sharekhan Enquire about Kotak Securities
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