Zeroshulk Vs Kotak Securities
| |Zeroshulk Vs Kotak Securities comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Zeroshulk Vs Kotak Securities Comparison
Here is a point by point comparison of Zeroshulk Vs Kotak Securities.
Zeroshulk is a discount stock broker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
Kotak Securities was founded in the year 1994 and currently has a customer base of 12 lakh with a presence in over 1200 branches. It provides an array of financial assets for its client to trade-in along with a range of high trading platforms.
Discount brokers such as Zeroshulk offer trading services at much cheaper brokerage rates and reasonable customer service.
Full-service brokers such as Kotak Securities will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Zeroshulk Vs Kotak Securities to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Zeroshulk Vs Kotak Securities Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Zeroshulk Review | Kotak Securities Review | |
OVERVIEW | ||
Broker Type | Discount Stock Broker | Full Service Broker |
Incorporated In the Year | 2008 | 1994 |
Number of branches across India | 1 | 1209 |
Exchanges | NSE, BSE, MCX, MCX SX | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 (Free for 1st Year) | ₹600 |
Transaction Charges | Zeroshulk Transaction Charges | Kotak Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.49% |
Intraday Delivery | ₹15 per order or ₹999 per month for unlimited trades | 0.049% |
Equity Futures | ₹15 per order or ₹999 per month for unlimited trades | 0.049% |
Equity Options | ₹15 per order or ₹999 per month for unlimited trades | ₹300 per lot |
Currency Futures | ₹15 per order or ₹999 per month for unlimited trades | 0.04% |
Currency Options | ₹15 per order or ₹999 per month for unlimited trades | ₹20 per lot |
Commodity | ₹15 per order or ₹999 per month for unlimited trades | NA |
Calculate Brokerage | Zeroshulk Brokerage Calculator | Kotak Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 20 times Intraday & 3 times for Delivery | Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of ₹75/Lakh/day or @24%/annum |
Equity Futures | Upto 4 times for Intraday | Upto 5 times Intraday |
Equity Options | Buying no leverage, Shorting upto 4 times | Buying No Margin, Shorting upto 2 times for Intraday |
Currency Futures | Upto 4 times for Intraday | Upto 2 times Intraday |
Currency Options | Upto 4 times for Intraday | Buying No Margin, Shorting upto 2 times for Intraday |
Commodities | Upto 4 times for Intraday | Upto 2 times Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
Total BSE+NSE Complaints | 21 | 172 |
OVERALL RATING | ||
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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