Kotak Securities Vs Sharekhan | Share Broker Comparison 2021

Kotak Securities Vs Sharekhan 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.

Table of Contents

Kotak Securities Vs Sharekhan Side-by-side Comparison

Broker Name	Kotak Securities	Sharekhan Securities
Broker Info	Kotak Securities Review	Sharekhan Review

Kotak Securities Vs Sharekhan Background

Background	Kotak Securities	Sharekhan Securities
Incorporation Year	1994	Feb, 2000
Broker Services	Full-Service Broker	Full-Service Broker
Website URL	kotaksecurities.com	sharekhan.com
Contact Number	1800 209 9191	022 330546000
Exchanges Accessible	NSE, BSE, MCX-SX, MCX & NCDEX	NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL)	NSDL & CDSL	NSDL & CDSL
Active Total Client	12,00,000+ Clients	5,00,000+ Clients

Introduction

Introduction	Kotak Securities	Sharekhan Securities
Broker Reviews /Opinion	Kotak Securities is trusted stock broker from last so many years. These Broking firms has one of the best customer care support.	Sharekhan securities has great brand value. One of the largest stock broking company in india. Sharekhan has presences in almost all indian cities. Provide great trading platform and first broker introduced bracket and trailing stoploss order.

Broker Ratings and Reviews Comparison

Broker Rating/Reviews	Kotak Securities	Sharekhan Securities
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 Investors	Kotak Securities	Sharekhan Securities
Day Traders	Yes, Available ✔	Yes, Available ✔
Active Investor/Trader	Yes, Available ✔	Yes, Available ✔
Investor	Yes, Available ✔	Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMC	Kotak Securities	Sharekhan Securities
Trading Account Opening Charges	₹ 750	₹ 750 for Classic & ₹ 1000 for Trade Tiger
Trading Annual Maintenance Charges	₹ 0	₹ 0
Demat Account Opening Fees	₹ 0	₹ 0
Demat Annual Maintenance Charges	₹ 600 (₹ 50 for per month)	₹ 450
Commodity Fees	₹ 0	₹ 0
Offer DP Service	Yes, Available ✔	Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage Plans	Kotak Securities	Sharekhan Securities
Monthly Subscription	Not Available, ✖	Not Available, ✖
Yearly Subscription	Not Available, ✖	Not Available, ✖
Multiple Subscription	Not Available, ✖	Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage Charges	Kotak Securities	Sharekhan Securities
Plan Subscription Summery	Percentage Based Brokerage Charges	Percentage Based Brokerage Charges
Equity Intraday Charges	0.049% Intraday (Both Side)	0.10% for Intraday
Equity Delivery Charges	0.49%	0.50% for Delivery – Negotiable
Equity Futures Charges	0.049% (Both Side)	0.10% on one side only for intraday sq.off 0.10% on second side if sq.off on next next
Equity Options Charges	₹ 300/lot	Rs.100 per Lot
Currency Futures Charges	0.04% or ₹20/lot (Dynamic Plan)	0.10%
Currency Options Charges	₹ 20 to ₹7.5/lot (Dynamic Plan)	₹ 20/lot- Negotiable
Commodity Charges	0.07%	0.10%
Minimum Brokerage Fees	Defualt 0.049%	Defualt 0.10%
Any Hidden Cost	No, ✖	No, ✖
Call & Trade Charges	First 20 orer Free Than ₹ 20 for every Order	Free

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Available Margins / Leverage Comparison

Margins or Leverage	Kotak Securities	Sharekhan Securities
Equity Margin Intraday	Upto 15x times for equity cash.	Upto 32x times for equity cash.
Equity Margin Delivery	Upto 3x times for equity delivery	Upto 15x times for equity delivery
Equity Margin Futures	Upto 5x times for Intraday	Upto 15x times for equity futures
Equity Margin Options	No Margin (Buying), Upto 2X times (Short) for Intraday	Upto 10x times for equity options
Currency Margin Futures	Upto 2x for currency futures (Intraday)	Upto 8x for currency futures
Currency Margin Options	No Margin (Buying), Upto 2X times (Short) for Intraday	Upto 10x for currency options
Commodity Margin	Upto 2x times for Intraday	Upto 10x times for Commodity

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other Fees	Kotak Securities	Sharekhan Securities
Equity Day Trading	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Delivery	0.00325% or Rs.325/per crore.	0.00325% or Rs.325/per crore.
Equity Futures Trading	0.00436% or Rs.436/per crore.	0.0021% or Rs.210/per crore.
Equity Options Trading	0.0594% or Rs.5940/per crore.	0.055% or Rs.5500/per crore.
Currency Futures Trading	0.0013% or Rs.130/per crore.	0.0013% or Rs.130/per crore.
Currency Options Trading	0.042% or Rs.4200/per crore.	0.042% or Rs.4200/per crore.
Commodities Trading	0.00436% or Rs.436/per crore.	NA
AMC Charge	₹ 50/- (Month).	₹ 400/- (1st year Free).
DP Transaction Fees	₹ 16/per transaction or 0.04% (whichever is higher)	₹ 16/per transaction.
Offline order placing Charge	First 20 orer Free Than ₹ 20 for every Order	Free
Sebi Charges	Rs.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 / Software	Kotak Securities	Sharekhan Securities
Desktop Trading Platform	KEAT PRO X	Trade Tiger
Web Based	Tradesmart Terminals	newtrade.sharekhan.com
Mobile Application	Kotak Stock Trader App	Sharekhan Mobile App

Trading Platform Details Comparison

Trading Platform Details	Kotak Securities	Sharekhan Securities
Demo (Desktop) Platform	Yes, Available ✔	Yes, Available ✔
Windows Desktop platform	Yes, Available ✔	Yes, Available ✔
MAC Desktop platform	No, ✖	No, ✖
Web Trading URL	Yes, Available ✔	Yes, Available ✔
Web Trading Portals Info	Yes, Available ✔	Yes, Available ✔
Mobile Site	Yes, Available ✔	Yes, Available ✔
Mobile Trading Availability	Yes, Available ✔	Yes, Available ✔
Mobile Trading Application	Yes, Available ✔	Yes, Available ✔
Mobile App Demo	Yes, Available ✔	Yes, Available ✔
Android / Ios Mobile App	Yes, ✔ Both Available	Yes, ✔ Both Available

Charting Facility Comparison

Charting	Kotak Securities	Sharekhan Securities
Intraday (Day Chart)	Yes, Available ✔	Yes, Available ✔
End of Day (Daily Chart)	Yes, Available ✔	Yes, Available ✔
Coding/Backtesting	No, ✖	No, ✖

Reporting Comparison

Reporting	Kotak Securities	Sharekhan Securities
Trade Online Reports	Yes, Available ✔	Yes, Available ✔
PNL Online Reports	Yes, Available ✔	Yes, Available ✔
Online Contract Notes	Yes, Available ✔	Yes, Available ✔

Trading Support and Tools Comparison

Support & Tools	Sharekhan Securities	Sharekhan Securities
Research & Tips	Yes, Available ✔	Yes, Available ✔
Brokerage Calculator	No, ✖	No, ✖
Span Margin Calculator	No, ✖	No, ✖
Trailing Stoploss	Yes, Available ✔	Yes, Available ✔
Training & Education	Yes, ✔ Blogs, Articles	Yes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading Features	Kotak Securities	Sharekhan Securities
3 in 1 Account (Bank+Trading+Demat)	Yes, Available ✔	No, ✖
Instant Fund withdrawal	No, ✖	No, ✖
Relationship Managers (RM)	Yes, Available ✔	Yes, Available ✔
Charts	Yes, Available ✔	Yes, Available ✔
Algo Trading / Robot	No, ✖	No, ✖
Mobile SMS Alerts	Yes, Available ✔	Yes, Available ✔
Online Demo	Yes, Available ✔	Yes, Available ✔
Online Portfolio	Yes, Available ✔	Yes, Available ✔
Margin for Future Trading	Yes, Available ✔	Yes, Available ✔
Combined Records for Equity & Commodity	Yes, Available ✔	Yes, Available ✔
Intraday Sq.off Timing	3.15 PM	3.15 PM
Can NRI Trade	Yes, Available ✔	Yes, Available ✔
Extra Features	Ask to Broker	Ask to Broker

Services and Available Option Category Comparison

Investment Service and Available Options	Kotak Securities	Sharekhan Securities
Equity Cash & Future & Option	Yes, Available ✔	Yes, Available ✔
Currency Derivatives (Forex)	Yes, Available ✔	Yes, Available ✔
Commodity	Yes, Available ✔	Yes, Available ✔
Online IPO Request	Yes, Available ✔	Yes, Available ✔
Mutual Funds (MF)	Yes, Available ✔	Yes, Available ✔
Bonds / Negotiable Certificate of Deposit	Yes, Available ✔	Yes, Available ✔
Exchange-Traded Fund (ETF)	Yes, Available ✔	Yes, Available ✔
Banking Services	Yes, Available ✔	No, ✖
Direct Insurance	Yes, Available ✔	Yes, Available ✔
Forex Investment	Yes, Available ✔	Yes, Available ✔
MF SIP Investments	Yes, Available ✔	Yes, Available ✔
PMS Services	Yes, Available ✔	Yes, Available ✔
Other Options	Ask to Broker	Ask to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal Process	Kotak Securities	Sharekhan Securities
Fund Pay In and Pay out	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout	24 hours (working days)	24 hours (working days)
Linked Bank	Kotak Bank Account	Near about 22 bank available for fund credit and Rs.9 for per transaction.

Trading Order Types Comparison

Trading Order Types	Kotak Securities	Sharekhan Securities
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 Order	Yes, Available ✔	Yes, Available ✔
Bracket Order	Yes, Available ✔	Yes, Available ✔
Buy Today Sell Tomorrow (BTST)	Yes, Available ✔	Yes, Available ✔
Sell Today Buy Tomorrow (STBT)	Yes, Available ✔	Yes, Available ✔
AMO -After Market Order	Yes, Available ✔	Yes, Available ✔
GTG-Good Till Cancelled	Yes, Available ✔	Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care Services	Kotak Securities	Sharekhan Securities
Customer Care Service 24/7	No, ✖	No, ✖
Email Support	Yes, Available ✔	Yes, Available ✔
Live Chat Online	Yes, Available ✔	Yes, Available ✔
Phone Support	Yes, Available ✔	Yes, Available ✔
Toll-Free Number	Yes, Available ✔	Yes, Available ✔
Support by Branch	Yes, Available ✔	Yes, Available ✔
Customer Care Contact Number	1800 209 9191	022 25753200
Account Opening Procedure	Paperless	Paperless
Customer Support Email	[email protected]	[email protected]
Complaints Support Email	[email protected]	[email protected]
Educational Blog	Yes, Available ✔	Yes, Available ✔
Head Office Address	3rd Floor, Nirlon House, Dr Annie Besant Road, Worli Sea Face, Mumbai – 400030	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400020

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & Reports	Kotak Securities	Sharekhan Securities
Equity Research	Yes, Available ✔	Yes, Available ✔
Mutual Fund Research	Yes, Available ✔	Yes, Available ✔
ETF Research	No, ✖	No, ✖
Daily Report	Yes, Available ✔	Yes, Available ✔
Free Tips- Advisory	Yes, Available ✔	Yes, Available ✔
Company Result Analysis	Yes, Available ✔	Yes, Available ✔
News & Alerts	Yes, Available ✔	Yes, Available ✔

Kotak Securities Vs Sharekhan Advantages & Disadvantages Comparison

Advantages & Disadvantages	Kotak Securities	Sharekhan Securities
Pros / Likes	3-in-1 Account	Most know Stock broker in India
	Query Answered within 24 hours	Very good Customer Care Support
	Pan india presence	Pan India presence
	Fast & high tech trading platform	Fast & high tech trading platform
	Prominent research	Excellent equity research
Cons / Dislikes	High Account Opening Fees	High Brokerage charges
	Slightly High Brokerage	ETF Research not available
	No Algo Trading	3-in-1 account not available
	No Brokerage Calculator	No Algo Trading
Promotion or offer	1st 20 call & trade order free.	1st Year Free Demat Annual Maintenance Charges (AMC)