Indiabulls Vs Kotak Securities
| |Indiabulls Vs Kotak Securities is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs Kotak Securities so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs Kotak Securities Comparison
Here is a point by point comparison of Indiabulls Vs Kotak Securities.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
Kotak Securities was founded in the year 1994 and currently has a customer base of 12 lakh with 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.
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.
Discount brokers such as Indiabulls Ventures offer trading services at much cheaper brokerage rates and reasonable customer service.
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 Indiabulls 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
Indiabulls Vs Kotak Securities Details
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.
Indiabulls Ventures Review | Kotak Securities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 2000 | 1994 |
Number of branches across India | 150 | 1209 |
Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹450 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹600 |
Transaction Charges | Indiabulls Transaction Charges | Kotak Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.01% | 0.49% |
Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | 0.049% |
Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.049% |
Equity Options | ₹15 per lot | ₹300 per lot |
Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.04% |
Currency Options | ₹15 per lot | ₹20 per lot |
Commodity | ₹15 per executed order or 0.01% (whichever is lower) | NA |
Calculate Brokerage | Indiabulls Brokerage Calculator | Kotak Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for 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 3 times Intraday | Upto 5 times Intraday |
Equity Options | NA | Buying No Margin, Shorting upto 2 times for Intraday |
Currency Futures | Upto 3 times Intraday | Upto 2 times Intraday |
Currency Options | NA | Buying No Margin, Shorting upto 2 times for Intraday |
Commodities | Upto 3 times 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) | Power Indiabulls, Online Trading, Indiabulls Shubh | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
Total BSE+NSE Complaints | 43 | 172 |
OVERALL RATING | ||
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 Indiabulls Vs Kotak Securities for the benefits of other readers? Please feel free to share in the comments below.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
In case you are looking to open a Demat account, get started by entering basic details below: