Kotak Securities Vs Zerodha | Share Broker Comparison 2021

Kotak Securities Vs Zerodha 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 Zerodha Side-by-side Comparison

Broker Name	Kotak Securities	Zerodha
Broker Info	Kotak Securities Review	Zerodha Review

Kotak Securities Vs Zerodha Background

Background	Kotak Securities	Zerodha
Incorporation Year	1994	2010
Broker Services	Full-Service Broker	Discount Broker
Website URL	kotaksecurities.com	zerodha.com
Contact Number	1800 209 9191	080-40402020
Exchanges Accessible	NSE, BSE, MCX-SX, MCX & NCDEX	NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)	NSDL & CDSL	CDSL – ZERODHA SECURITIES PVT. LTD.
Active Total Client	12,00,000+ Clients	8,00,000+ Clients

Introduction

Introduction	Kotak Securities	Zerodha
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.	Zerodha is discount broker with Rs.20 per executed order brokerage plan. Customer care support is very good. They offers Lowest trade commissions and margin rates in the industry. Web Trading is easy to use and a great compliment to the New Pi desktop platform.

Broker Ratings and Reviews Comparison

Broker Rating/Reviews	Kotak Securities	Zerodha
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	Zerodha
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	Zerodha
Trading Account Opening Charges	₹ 750	Rs. 300 – for Trading & DEMAT
Trading Annual Maintenance Charges	₹ 0	Free
Demat Account Opening Fees	₹ 0	Rs. 300 – for Trading & DEMAT
Demat Annual Maintenance Charges	₹ 600 (₹ 50 for per month)	Rs.300 + 18% GST for individuals
Commodity Fees	₹ 0	Rs. 200 – for commodity account
Offer DP Service	Yes, Available ✔	Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage Plans	Kotak Securities	Zerodha
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	Zerodha
Plan Subscription Summery	Percentage Based Brokerage Charges	Zerodha charges Only Rs.20 Per order for all segments and Rs.0 for Equity Delivery.
Equity Intraday Charges	0.049% Intraday (Both Side)	Rs.20/executed order or 0.01% whichever is lower.
Equity Delivery Charges	0.49%	Free
Equity Futures Charges	0.049% (Both Side)	Rs.20/executed order or 0.01% whichever is lower.
Equity Options Charges	₹ 300/lot	Rs.20/executed order or 0.01% whichever is lower.
Currency Futures Charges	0.04% 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 Charges	0.07%	Rs.20/executed order or 0.01% whichever is lower.
Minimum Brokerage Fees	Defualt 0.049%	0.01% Minimum
Any Hidden Cost	No, ✖	No, ✖
Call & Trade Charges	First 20 orer Free Than ₹ 20 for every Order	Rs 20 + 18% GST per order

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Available Margins / Leverage Comparison

Margins or Leverage	Kotak Securities	Zerodha
Equity Margin Intraday	Upto 15x times for equity cash.	No Margin for Delivery.
Equity Margin Delivery	Upto 3x times for equity delivery	Up to 12.5 times equity intraday margin.
Equity Margin Futures	Upto 5x times for Intraday	Up to 2 times for future.
Equity Margin Options	No Margin (Buying), Upto 2X times (Short) for Intraday	Up to 3 times for shorting options, No for buying options.
Currency Margin Futures	Upto 2x for currency futures (Intraday)	Up to 2.5 times for Intraday margin. 100% for carry forward.
Currency Margin Options	No Margin (Buying), Upto 2X times (Short) for Intraday	Up to 2.5 times for intraday, 100% for carry forward.
Commodity Margin	Upto 2x times for Intraday	Up to 2.5 times for intraday, 100% for carry forward.

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other Fees	Kotak Securities	Zerodha
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.	0.053% or Rs.5300/per crore.
Currency Futures Trading	0.0013% or Rs.130/per crore.	0.00135% or Rs.135/per crore.
Currency Options Trading	0.042% or Rs.4200/per crore.	0.044% or Rs.4400/per crore.
Commodities Trading	0.00436% 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.300 PA for Demat AMC
DP Transaction Fees	₹ 16/per transaction or 0.04% (whichever is higher)	Equity Stock: Rs 13.5 per scrip charged on T+2 days(+18% GST), Mutual Funds: Rs 5.5 per scrip charged on the date of redemption(+18% GST)
Offline order placing Charge	First 20 orer Free Than ₹ 20 for every Order	Rs. 20 per order
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	Zerodha
Desktop Trading Platform	KEAT PRO X	Zerodha Pi
Web Based	Tradesmart Terminals	kite.zerodha.com
Mobile Application	Kotak Stock Trader App	Kite by Zerodha

Trading Platform Details Comparison

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

Charting Facility Comparison

Charting	Kotak Securities	Zerodha
Intraday (Day Chart)	Yes, Available ✔	Yes, Available ✔
End of Day (Daily Chart)	Yes, Available ✔	Yes, Available ✔
Coding/Backtesting	No, ✖	Not Available, ✖

Reporting Comparison

Reporting	Kotak Securities	Zerodha
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	Zerodha
Research & Tips	Yes, Available ✔	No, ✖
Brokerage Calculator	No, ✖	Yes, Available ✔
Span Margin Calculator	No, ✖	Yes, Available ✔
Trailing Stoploss	Yes, Available ✔	No, ✖
Training & Education	Yes, ✔ Blogs, Articles	Yes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading Features	Kotak Securities	Zerodha
3 in 1 Account (Bank+Trading+Demat)	Yes, Available ✔	Yes, Available ✔ Link with IDFC bank
Instant Fund withdrawal	No, ✖	No, ✖(24 hours)
Relationship Managers (RM)	Yes, Available ✔	No, ✖
Charts	Yes, Available ✔	Yes, Available ✔
Algo Trading / Robot	No, ✖	No, ✖
Mobile SMS Alerts	Yes, Available ✔	Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)
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	3.20 PM
Can NRI Trade	Yes, Available ✔	Yes, Available ✔
Extra Features	Ask to Broker	Pivot Point Indicator on Chart

Services and Available Option Category Comparison

Investment Service and Available Options	Kotak Securities	Zerodha
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 ✔	No, ✖
Mutual Funds (MF)	Yes, Available ✔	Yes, Available ✔
Bonds / Negotiable Certificate of Deposit	Yes, Available ✔	No, ✖
Exchange-Traded Fund (ETF)	Yes, Available ✔	Yes, Available ✔
Banking Services	Yes, Available ✔	No, ✖
Direct Insurance	Yes, Available ✔	No, ✖
Forex Investment	Yes, Available ✔	No, ✖
MF SIP Investments	Yes, Available ✔	No, ✖
PMS Services	Yes, Available ✔	No, ✖
Other Options	Ask to Broker	Ask to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal Process	Kotak Securities	Zerodha
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 gateway. Withdrawal fund: Bank Transfer
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	Zerodha
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 ✔	No, ✖

Customer Care Services and Numbers Comparison

Customer Care Services	Kotak Securities	Zerodha
Customer Care Service 24/7	No, ✖	No, ✖
Email Support	Yes, Available ✔	Yes, Available ✔
Live Chat Online	Yes, Available ✔	No, ✖
Phone Support	Yes, Available ✔	Yes, Available ✔
Toll-Free Number	Yes, Available ✔	No, ✖
Support by Branch	Yes, Available ✔	Yes, Available ✔
Customer Care Contact Number	1800 209 9191	91 8040402020
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	#153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore – 560078

Investment Advice/tips/ Research & Reports Comparison

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

Kotak Securities Vs Zerodha Advantages & Disadvantages Comparison

Advantages & Disadvantages	Kotak Securities	Zerodha
Pros / Likes	3-in-1 Account	Rs. 0 for Equity Delivery.
	Query Answered within 24 hours	Excellent Trading Platforms.
	Pan india presence	Customer care support is very good.
	Fast & high tech trading platform	Easy account opening procedure.
	Prominent research	Direct mutual fund investmenst.
Cons / Dislikes	High Account Opening Fees	Rs.20 Extra for call n trade.
	Slightly High Brokerage	No stock advisory.
	No Algo Trading	Online IPO Application not available.
	No Brokerage Calculator
Promotion or offer	1st 20 call & trade order free.	Free equity delivery trading and only Rs.20 or 0.01 % whichever is lowest brokerage charges