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HDFC Securities Vs Kotak Securities
| | Broker Comparison, Trading | No Comments
HDFC Securities Vs Kotak Securities comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
HDFC Securities Vs Kotak Securities Comparison
Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank and today it has a customer base of 11.95 lakh customers. It has a presence across 359 cities in India with 1200+ branches.
Similarly, HDFC Securities is the equity trading arm of HDFC Bank. This aspect makes both of these broking firms almost similar in their propositions, however, they do differ in different aspects which can play vital roles in a customer’s trading experience.
To make things easy for you, we have listed out the comparison between HDFC Securities 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
HDFC Securities 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.
 |  | |
| HDFC Securities Review | Kotak Securities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2000 | 1994 |
| Number of branches across India | 250 | 1209 |
| Exchanges | BSE, NSE | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | INR 999 | INR 750 |
| Trading Account Annual Maintenance Charges | INR 0 | INR 0 |
| Demat Account Opening Charges | INR 0 | INR 0 |
| Demat Account Annual Maintenance Charges | INR 750 | INR 600 |
| Transaction Charges | HDFC Securities Transaction Charges | Kotak Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% or INR 25 whichever is higher | 0.49% |
| Intraday Delivery | 0.1% | 0.049% |
| Equity Futures | 0.05% or INR 25 whichever is higher | 0.049% |
| Equity Options | INR 100 per lot | INR 300 per lot |
| Currency Futures | INR 23 per contract | 0.04% |
| Currency Options | INR 20 per contract | INR 20 per lot |
| Commodity | NA | NA |
| Calculate Brokerage | HDFC Securities Brokerage Calculator | Kotak Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 Times for Intraday & 2 Times for Delivery | Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum |
| Equity Futures | NA for Intraday | Upto 5 times Intraday |
| Equity Options | NA for Intraday | Buying No Margin, Shorting upto 2 times for Intraday |
| Currency Futures | NA for Intraday | Upto 2 times Intraday |
| Currency Options | NA for Intraday | Buying No Margin, Shorting upto 2 times for Intraday |
| Commodities | NA | 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) | Blink | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
| Total BSE+NSE Complaints | 88 | 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.
Have you in the past or are currently trading with any of the above stockbrokers?
If yes, would you like to share your experience(s) with HDFC Securities Vs Kotak Securities for the benefits of other readers?
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HDFC Securities Vs Kotak Securities
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