Kotak Securities Vs Upstox Share Broker Comparison

Kotak Securities Vs Upstox 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 Upstox Side-by-side Comparison

Broker NameKotak SecuritiesUpstox
Broker InfoKotak Securities ReviewUpstox Review

Kotak Securities Vs Upstox Background

BackgroundKotak SecuritiesUpstox
Incorporation Year19942011 Started as RKSV
Broker ServicesFull-Service BrokerDiscount Broker
Website URLkotaksecurities.comupstox.com
Contact Number1800 209 9191022-61309999
Exchanges AccessibleNSE, BSE, MCX-SX, MCX & NCDEXNSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)NSDL & CDSLNSDL- Partnership with ILFS
Active Total Client12,00,000+ Clients100000+ Clients

Introduction

IntroductionKotak SecuritiesUpstox
Broker Reviews /OpinionKotak Securities is trusted stock broker from last so many years. These Broking firms has one of the best customer care support.Upstox is reputed discount broker with low brokerage charges for per order. Customer care support is very good.
Upstox is suitable for both the intraday trader as well as investors.
Broker InquiryGet CallbackGet Callback

Broker Ratings and Reviews Comparison

Broker Rating/ReviewsKotak SecuritiesUpstox
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 SecuritiesUpstox
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 SecuritiesUpstox
Trading Account Opening Charges₹ 750Rs.150 for Equity 
Trading Annual Maintenance Charges₹ 0Free
Demat Account Opening Fees₹ 0Rs.150
Demat Annual Maintenance Charges₹ 600 (₹ 50 for per month)Rs.150/Per Annum (1st Year Free)
Commodity Fees₹ 0Rs.150 for Commodity Account
Offer DP ServiceYes, Available ✔Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage PlansKotak SecuritiesUpstox
Monthly SubscriptionNot Available, ✖Yes, Available ✔
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage ChargesKotak SecuritiesUpstox
Plan Subscription SummeryPercentage Based Brokerage ChargesUpstox charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday Charges0.049% Intraday (Both Side)Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery Charges0.49%Free
Equity Futures Charges0.049% (Both Side)Rs.20/executed order or 0.01% whichever is lower.
Equity Options Charges₹ 300/lotRs.20/executed order or 0.01% whichever is lower.
Currency Futures Charges0.04% or ₹20/lot (Dynamic Plan)Rs.20/executed order or 0.01% whichever is lower.
Currency Options Charges₹ 20 to ₹7.5/lot (Dynamic Plan)Rs.20/executed order or 0.01% whichever is lower.
Commodity Charges0.07%Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage FeesDefualt 0.049%0.01% Minimum
Any Hidden CostNo, ✖No, ✖
Call & Trade ChargesFirst 20 orer Free Than ₹ 20 for every OrderRs 20 + 18% GST per order

Available Margins / Leverage Comparison

Margins or LeverageKotak SecuritiesUpstox
Equity Margin IntradayUpto 15x times for equity cash.Up to 15 times-Base Plan & Up to 20 times-Priority Plan.
Equity Margin DeliveryUpto 3x times for equity deliveryNo Margin for Delivery.
Equity Margin FuturesUpto 5x times for IntradayNormal Margin-Up to 4 times for Index & Stock future. Priority Plan- Up to 5 times for Index & Stock future.
Equity Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayNormal Margin-Up to 4 times for Index & Stock option short. Priority Plan- Up to 5 times for Index & Stock options. No margin for option buying.
Currency Margin FuturesUpto 2x for currency futures (Intraday)NRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Currency Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayNRML Plan: 4 times. Priority Plan: 4 times. NRML CO: 4 times. Priority CO: 5 times
Commodity MarginUpto 2x times for IntradayNRML Plan: 2.5 times. Priority Plan: 3 times. NRML CO: 3 times. Priority CO: 4 times.

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other FeesKotak SecuritiesUpstox
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.0.0021% or Rs.210/per crore.
Equity Options Trading0.0594% or Rs.5940/per crore.0.055% or Rs.5500/per crore.
Currency Futures Trading0.0013% or Rs.130/per crore.0.0015% or Rs.150/per crore.
Currency Options Trading0.042% or Rs.4200/per crore.0.06% or Rs.6000/per crore.
Commodities Trading0.00436% or Rs.436/per crore.Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge₹ 50/- (Month).Free for Trading AMC. Rs.150 PA for Demat AMC
DP Transaction Fees₹ 16/per transaction or 0.04% (whichever is higher)Rs 15.50 per debit instruction
Offline order placing ChargeFirst 20 orer Free Than ₹ 20 for every OrderRs. 20 per order
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 SecuritiesUpstox
Desktop Trading PlatformKEAT PRO XDartstock/NEST TRADER/FOX TRADER
Web BasedTradesmart Terminalspro.upstox.com
Mobile ApplicationKotak Stock Trader AppUpstox

Trading Platform Details Comparison

Trading Platform DetailsKotak SecuritiesUpstox
Demo (Desktop) PlatformYes, Available ✔Yes, Available ✔
Windows Desktop platform Yes, Available ✔Yes, Available ✔
MAC Desktop platform No, ✖No, ✖
Web Trading URLYes, Available ✔pro.upstox.com
Web Trading Portals InfoYes, Available ✔Upstox.com
Mobile SiteYes, Available ✔Yes, Available ✔
Mobile Trading AvailabilityYes, Available ✔Yes, Available ✔
Mobile Trading ApplicationYes, Available ✔Upstox
Mobile App DemoYes, Available ✔Yes, Available ✔
Android / Ios Mobile AppYes, ✔ Both AvailableYes, ✔ Both Available

Charting Facility Comparison

ChartingKotak SecuritiesAchiievers Equities
Intraday (Day Chart)Yes, Available ✔5 Days on NSENOW and 5 Day on ODIN (MCX)
End of Day (Daily Chart)Yes, Available ✔10 years NSENOW and 5 years on ODIN (MCX)
Coding/BacktestingNo, ✖No, ✖

Reporting Comparison

ReportingKotak SecuritiesAchiievers Equities
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 SecuritiesAchiievers Equities
Research & TipsYes, Available ✔Yes, Available ✔
Brokerage CalculatorNo, ✖Yes, Available ✔
Span Margin CalculatorNo, ✖No, ✖
Trailing StoplossYes, Available ✔No, ✖
Training & EducationYes, ✔ Blogs, ArticlesYes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading FeaturesKotak SecuritiesAchiievers Equities
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔Yes, Available ✔
Instant Fund withdrawalNo, ✖No, ✖
Relationship Managers (RM)Yes, Available ✔No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔No, ✖
Online DemoYes, Available ✔Yes, Available ✔
Online Portfolio Yes, Available ✔Yes, Available ✔
Margin for Future TradingYes, Available ✔No, ✖
Combined Records for Equity & CommodityYes, Available ✔No, ✖
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 SecuritiesAchiievers Equities
Equity Cash & Future & OptionYes, Available ✔Yes, Available ✔
Currency Derivatives (Forex)Yes, Available ✔Yes, Available ✔
Commodity Yes, Available ✔Yes, Available ✔
Online IPO RequestYes, Available ✔No, ✖
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 ✔No, ✖
Direct InsuranceYes, Available ✔No, ✖
Forex InvestmentYes, Available ✔No, ✖
MF SIP InvestmentsYes, Available ✔Yes, Available ✔
PMS ServicesYes, Available ✔No, ✖
Other OptionsAsk to BrokerAsk to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessKotak SecuritiesAchiievers Equities
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 TranferNo Information
Time for Payout24 hours (working days)No Information
Linked BankKotak Bank AccountNo Information

Trading Order Types Comparison

Trading Order TypesKotak SecuritiesAchiievers Equities
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 ✔No Information
Bracket OrderYes, Available ✔No, ✖
Buy Today Sell Tomorrow (BTST)Yes, Available ✔No, ✖
Sell Today Buy Tomorrow (STBT)Yes, Available ✔No, ✖
AMO -After Market OrderYes, Available ✔No, ✖
GTG-Good Till CancelledYes, Available ✔Yes, Available ✔

Customer Care Services and Numbers Comparison

Customer Care ServicesKotak SecuritiesAchiievers Equities
Customer Care Service 24/7No, ✖Yes, Available ✔
Email SupportYes, Available ✔Yes, Available ✔
Live Chat OnlineYes, Available ✔Yes, Available ✔
Phone SupportYes, Available ✔Yes, Available ✔
Toll-Free NumberYes, Available ✔Yes, Available ✔
1860 420 3333
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number1800 209 9191+91 33 66063000
Account Opening ProcedurePaperlessNo Information
Customer Support Emailservice.securities@kotak.comcustomer.care@achiieversequitiesltd.com
Complaints Support Emailservice.securities@kotak.cominfo@achiieversequitiesltd.com
Educational BlogYes, Available ✔Yes, Available ✔
Head Office Address3rd Floor,
Nirlon House,
Dr Annie Besant Road,
Worli Sea Face,
Mumbai – 400030
32 / A
Diamond Harbour Road,
Sakher Bazar,
Kolkata – 700008

Investment Advice/tips/ Research & Reports Comparison

Investment Advice -Tips, Research & ReportsKotak SecuritiesAchiievers Equities
Equity ResearchYes, Available ✔Yes, Available ✔
Mutual Fund ResearchYes, Available ✔Yes, Available ✔
ETF ResearchNo, ✖Yes, Available ✔
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 Upstox Advantages & Disadvantages Comparison

Advantages & DisadvantagesKotak SecuritiesAchiievers Equities
Pros / Likes3-in-1 Account Achiievers Equities offers 24/7 Customer Support.
Query Answered within 24 hours3-in-1 Account.
Pan india presenceCustomised Brokerage plan available.
Fast & high tech trading platformAll Three Trading Portals are fast.
Prominent research
Cons / DislikesHigh Account Opening FeesRs.20 Extra for call n trade.
Slightly High BrokerageRs.75 for Research Alerts over sms.
No Algo TradingPan Indian Presences.
No Brokerage Calculator
Promotion or offer1st 20 call & trade order free.No Information

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