Kotak Securities Vs ICICI Direct Share Broker Comparison

Kotak Securities Vs ICICI Direct step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

Kotak Securities Vs ICICI Direct Side-by-side Comparison

Broker NameKotak SecuritiesICICI Direct
Broker InfoKotak Securities ReviewICICI Direct Review

Kotak Securities Vs ICICI Direct Background

BackgroundKotak SecuritiesICICI Direct
Incorporation Year19942000
Broker ServicesFull-Service BrokerFull-Service Broker
Website URLkotaksecurities.comicicidirect.com
Contact Number1800 209 91911860 123 1122  
Exchanges AccessibleNSE, BSE, MCX-SX, MCX & NCDEXNSE, BSE
Active Total Client12,00,000+ Clients10,00,000+ Clients


IntroductionKotak SecuritiesICICI Direct
Broker Reviews /OpinionKotak Securities is trusted stock broker from last so many years. These Broking firms has one of the best customer care support.ICICI Direct is a subsidiary of ICICI bank. ICICI Direct is India’s one of the top 5 full service stock broker. Offers all services at one place like Trading account+ Bank account+ Demat Account
Broker InquiryGet CallbackGet Callback

Broker Ratings and Reviews Comparison

Broker Rating/ReviewsKotak SecuritiesICICI Direct
Opening Charges★★★★★★★★
Commissions & Fees★★★★★★★
Trading Platforms & Tools★★★★★★★★★
Order Execution★★★★★★★★★
Fund Add/Withdraw★★★★★★★★★
Customer Services★★★★★★★★
Overall Rating★★★★★★★★

Usable For Investors Category Comparison

Useful for Type of InvestorsKotak SecuritiesICICI Direct
Day TradersYes, Available ✔Yes, Available ✔
Active Investor/TraderYes, Available ✔Yes, Available ✔
InvestorYes, Available ✔Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMCKotak SecuritiesICICI Direct
Trading Account Opening Charges₹ 750₹ 975
Trading Annual Maintenance Charges₹ 0₹ 0
Demat Account Opening Fees₹ 0₹ 0
Demat Annual Maintenance Charges₹ 600 (₹ 50 for per month)₹ 700
Commodity Fees₹ 0NA
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansKotak SecuritiesICICI Direct
Monthly SubscriptionNot Available, ✖Not Available, ✖
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage ChargesKotak SecuritiesICICI Direct
Plan Subscription SummeryPercentage Based Brokerage ChargesPercentage Based Brokerage Charges
Equity Intraday Charges0.049% Intraday (Both Side)Equity Intraday 0.05%
Equity Delivery Charges0.49%Delivery 0.25%- Negotiable
Equity Futures Charges0.049% (Both Side)One side for Intraday & 0.05% on Turnover overnight
Equity Options Charges₹ 300/lotIntraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot
Currency Futures Charges0.04% or ₹20/lot (Dynamic Plan)One side for Intraday & 0.05% on Turnover overnight
Currency Options Charges₹ 20 to ₹7.5/lot (Dynamic Plan)Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot
Commodity Charges0.07%NA
Minimum Brokerage FeesDefualt 0.049%0.05% OR 5 Paisa on 100 rupees
Any Hidden CostNo, ✖No, ✖
Call & Trade ChargesFirst 20 orer Free Than ₹ 20 for every OrderFirst 20 Calls Free Than ₹ 25 per call & trade

Available Margins / Leverage Comparison

Margins or LeverageKotak SecuritiesICICI Direct
Equity Margin IntradayUpto 15x times for equity cash.Upto 16x times for equity cash.
Equity Margin DeliveryUpto 3x times for equity deliveryUpto 8x times for equity delivery
Equity Margin FuturesUpto 5x times for IntradayUpto 8x times for equity futures
Equity Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayUpto 5x times for equity options
Currency Margin FuturesUpto 2x for currency futures (Intraday)Upto 8x for currency futures
Currency Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayUpto 8x for currency options
Commodity MarginUpto 2x times for IntradayNA

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other FeesKotak SecuritiesICICI Direct
Equity Day Trading0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Delivery0.00325% or Rs.325/per crore.0.00325% or Rs.325/per crore.
Equity Futures Trading0.00436% or Rs.436/per crore.0.0019% or Rs.190/per crore.
Equity Options Trading0.0594% or Rs.5940/per crore.0.05% or Rs.5000/per crore.
Currency Futures Trading0.0013% or Rs.130/per crore.0.0011% or Rs.110/per crore.
Currency Options Trading0.042% or Rs.4200/per crore.0.04% or Rs.4000/per crore.
Commodities Trading0.00436% or Rs.436/per crore.NA
AMC Charge₹ 50/- (Month).₹ 700/- (1st year Free).
DP Transaction Fees₹ 16/per transaction or 0.04% (whichever is higher)₹ 25/per transaction.
Offline order placing ChargeFirst 20 orer Free Than ₹ 20 for every Order₹ 25 /per call.
Sebi ChargesRs.15/per cr.Rs.15/per cr.
GST 18% on Brokerage + Transaction charges.18% on Brokerage + Transaction charges.
Stamp Duty As per Clients state.As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / SoftwareKotak SecuritiesICICI Direct
Desktop Trading PlatformKEAT PRO XTrade Racer
Web BasedTradesmart Terminalssecure.icicidirect.com
Mobile ApplicationKotak Stock Trader AppICICI Direct Mobile

Trading Platform Details Comparison

Trading Platform DetailsKotak SecuritiesICICI Direct
Demo (Desktop) PlatformYes, Available ✔Demo Link
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖
Web Trading URLYes, Available ✔Yes, Available ✔
Web Trading Portals InfoYes, Available ✔Yes, Available ✔
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationYes, Available ✔Yes, Available ✔
Mobile App DemoYes, Available ✔Yes, Available ✔
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility Comparison

ChartingKotak SecuritiesICICI Direct
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖No, ✖

Reporting Comparison

ReportingKotak SecuritiesICICI Direct
Trade Online  ReportsYes, Available ✔Yes, Available ✔
PNL Online ReportsYes, Available ✔Yes, Available ✔
Online Contract Notes Yes, Available ✔Yes, Available ✔

Trading Support and Tools Comparison

Support & ToolsSharekhan SecuritiesICICI Direct
Research & TipsYes, Available ✔Yes, Available ✔
Brokerage CalculatorNo, ✖No, ✖
Span Margin CalculatorNo, ✖No, ✖
Trailing StoplossYes, Available ✔No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesKotak SecuritiesICICI Direct
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔Yes, Available ✔
Instant Fund withdrawalNo, ✖Yes, Available ✔
Relationship Managers (RM)Yes, Available ✔Yes, Available ✔
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔
Online DemoYes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔Yes, Available ✔
Combined Records for Equity & CommodityYes, Available ✔Yes, Available ✔
Intraday Sq.off Timing3.15 PM3.15 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerAsk to Broker

Services and Available Option Category Comparison

Investment Service and Available OptionsKotak SecuritiesICICI Direct
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔
Online IPO RequestYes, Available ✔Yes, Available ✔
Mutual Funds (MF)Yes, Available ✔Yes, Available ✔
Bonds / Negotiable Certificate of DepositYes, Available ✔Yes, Available ✔
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesYes, Available ✔Yes, Available ✔
Direct InsuranceYes, Available ✔Yes, Available ✔
Forex InvestmentYes, Available ✔Yes, Available ✔
MF SIP InvestmentsYes, Available ✔Yes, Available ✔
PMS ServicesYes, Available ✔Yes, Available ✔
Other OptionsAsk to BrokerAsk to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessKotak SecuritiesICICI Direct
Fund Pay In and Pay outAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank TranferAdd Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout24 hours (working days)24 hours (working days)
Linked BankKotak Bank AccountYou can linked ICICI Bank account

Trading Order Types Comparison

Trading Order TypesKotak SecuritiesICICI Direct
Cash N Carry (CNC Order)Yes, Available ✔Yes, Available ✔
Margin Intraday Square (MIS Order)Yes, Available ✔Yes, Available ✔
Normal (NRML Order)Yes, Available ✔Yes, Available ✔
Cover OrderYes, Available ✔Yes, Available ✔
Bracket OrderYes, Available ✔No, ✖
Buy Today Sell Tomorrow (BTST)Yes, Available ✔No Information
Sell Today Buy Tomorrow (STBT)Yes, Available ✔No Information
AMO -After Market OrderYes, Available ✔Yes, Available ✔
GTG-Good Till CancelledYes, Available ✔Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care ServicesKotak SecuritiesICICI Direct
Customer Care Service 24/7No, ✖No, ✖
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineYes, Available ✔No, ✖
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔Yes, Available ✔
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number1800 209 91911860 123 1122  
Account Opening ProcedurePaperlessPaperless
Customer Support Emailservice.securities@kotak.comcustomercare@icicisecurities.com
Complaints Support Emailservice.securities@kotak.comcomplianceofficer@icicisecurities.com
Educational BlogYes, Available ✔Yes, Available ✔
Head Office Address3rd Floor, Nirlon House,
Dr Annie Besant Road,
Worli Sea Face,
Mumbai – 400030
ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & ReportsKotak SecuritiesICICI Direct
Equity ResearchYes, Available ✔Yes, Available ✔
Mutual Fund ResearchYes, Available ✔Yes, Available ✔
ETF ResearchNo, ✖No, ✖
Daily ReportYes, Available ✔Yes, Available ✔
Free Tips- AdvisoryYes, Available ✔Yes, Available ✔
Company Result AnalysisYes, Available ✔Yes, Available ✔
News & AlertsYes, Available ✔Yes, Available ✔

Kotak Securities Vs ICICI Direct Advantages & Disadvantages Comparison

Advantages & DisadvantagesKotak SecuritiesICICI Direct
Pros / Likes3-in-1 Account 3-IN-1 Account Avialble
Query Answered within 24 hoursExcellent Customer Care Support
Pan india presenceBranches in your city.
Fast & high tech trading platformFast & Secure Trading Platform 
Prominent researchExperince in stock broking
Cons / DislikesHigh Account Opening FeesHigh Brokerage Charges
Slightly High BrokerageMCX and NCDEX commodity trading is unavailable.
No Algo TradingHigher charges of Rs.25 per transaction for Demat.
No Brokerage CalculatorRs.25 Extra for call n trade.
Promotion or offer1st 20 call & trade order free.1st Year Free Demat Annual Maintenance Charges (AMC)

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