Looking for Low Brokerage, High Margin & Free Tips?
FundsIndia Vs Kotak Securities
| | Broker Comparison, Trading | No Comments
FundsIndia 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.
FundsIndia Vs Kotak Securities Comparison
Kotak Securities, a full-service stockbroker, 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.
FundsIndia, on the other hand, is an investment services firm which was incorporated back in the year 2009. Primarily know for mutual funds, this stockbroker also allows you to trade in Equities and few other investment products at low cost.
Discount brokers such as FundsIndia offer trading services at much cheaper brokerage rates and reasonable customer service. To make things easy for you, we have listed out the comparison between FundsIndia 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
FundsIndia 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.
 |  | |
| FundsIndia Review | Kotak Securities Review | |
| OVERVIEW | ||
| Incorporated In the Year | 2009 | 1994 |
| Number of branches across India | 1 | 1209 |
| Exchanges | SEBI | BSE, NSE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹200 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹600 |
| Transaction Charges | FundsIndia Transaction Charges | Kotak Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | Min. ₹6, Max ₹20 | 0.49% |
| Intraday Delivery | Min. ₹6, Max ₹20 | 0.049% |
| Equity Futures | Min. ₹6, Max ₹20 | 0.049% |
| Equity Options | Min. ₹6, Max ₹20 | INR 300 per lot |
| Currency Futures | NA | 0.04% |
| Currency Options | NA | INR 20 per lot |
| Commodity | NA | NA |
| Calculate Brokerage | FundsIndia Brokerage Calculator | Kotak Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 5 Times | Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum |
| Equity Futures | Upto 5 Times | Upto 5 times Intraday |
| Equity Options | Upto 5 Times | Buying No Margin, Shorting upto 2 times for Intraday |
| Currency Futures | NA | Upto 2 times Intraday |
| Currency Options | NA | 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) | FundsIndia Web, FundsIndia Mobile App | KEAT Pro X, Kotak Stock Trader, Fastlane, Xtralite |
| Complaint Percentage of Active Clients | 0.02% | 0.04% |
| 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 FundsIndia Vs Kotak Securities for the benefits of other readers? Please feel free to share in the comments below.
In case you are looking to get started with trading, just fill in some basic details in the form below.
A callback will be arranged for you:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
FundsIndia Vs Kotak Securities
Overall Rating
