Kotak Securities Vs Zerodha Share Broker Comparison

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.

Kotak Securities Vs Zerodha Side-by-side Comparison

Broker NameKotak SecuritiesZerodha
Broker InfoKotak Securities ReviewZerodha Review

Kotak Securities Vs Zerodha Background

BackgroundKotak SecuritiesZerodha
Incorporation Year19942010
Broker ServicesFull-Service BrokerDiscount Broker
Website URLkotaksecurities.comzerodha.com
Contact Number1800 209 9191080-40402020
Exchanges AccessibleNSE, BSE, MCX-SX, MCX & NCDEXNSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL)NSDL & CDSLCDSL – ZERODHA SECURITIES PVT. LTD.
Active Total Client12,00,000+ Clients8,00,000+ Clients

Introduction

IntroductionKotak SecuritiesZerodha
Broker Reviews /OpinionKotak 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 InquiryGet CallbackGet Callback

Broker Ratings and Reviews Comparison

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

Available Trading Brokerage Plans Comparison

Available Brokerage PlansKotak SecuritiesZerodha
Monthly SubscriptionNot Available, ✖Not Available, ✖
Yearly SubscriptionNot Available, ✖Not Available, ✖
Multiple SubscriptionNot Available, ✖Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage ChargesKotak SecuritiesZerodha
Plan Subscription SummeryPercentage Based Brokerage ChargesZerodha 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 SecuritiesZerodha
Equity Margin IntradayUpto 15x times for equity cash.No Margin for Delivery.
Equity Margin DeliveryUpto 3x times for equity deliveryUp to 12.5 times equity intraday margin.
Equity Margin FuturesUpto 5x times for IntradayUp to 2 times for future.
Equity Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayUp to 3 times for shorting options, No for buying options.
Currency Margin FuturesUpto 2x for currency futures (Intraday)Up to 2.5 times for Intraday margin. 100% for carry forward.
Currency Margin OptionsNo Margin (Buying), Upto 2X times (Short) for IntradayUp to 2.5 times for intraday, 100% for carry forward.
Commodity MarginUpto 2x times for IntradayUp to 2.5 times for intraday, 100% for carry forward.

Transaction and Other Government Charges, Taxes Comparison

Transparency & Other FeesKotak SecuritiesZerodha
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.0.053% or Rs.5300/per crore.
Currency Futures Trading0.0013% or Rs.130/per crore.0.00135% or Rs.135/per crore.
Currency Options Trading0.042% or Rs.4200/per crore.0.044% or Rs.4400/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.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 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 SecuritiesZerodha
Desktop Trading PlatformKEAT PRO XZerodha Pi
Web BasedTradesmart Terminalskite.zerodha.com
Mobile ApplicationKotak Stock Trader AppKite by Zerodha

Trading Platform Details Comparison

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

Charting Facility Comparison

ChartingKotak SecuritiesZerodha
Intraday (Day Chart)Yes, Available ✔Yes, Available ✔
End of Day (Daily Chart)Yes, Available ✔Yes, Available ✔
Coding/BacktestingNo, ✖Not Available, ✖

Reporting Comparison

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

Trading Features Comparison

Useful Trading FeaturesKotak SecuritiesZerodha
3 in 1 Account (Bank+Trading+Demat)Yes, Available ✔Yes, Available ✔ Link with IDFC bank
Instant Fund withdrawalNo, ✖No, ✖(24 hours)
Relationship Managers (RM)Yes, Available ✔No, ✖
ChartsYes, Available ✔Yes, Available ✔
Algo Trading / RobotNo, ✖No, ✖
Mobile SMS AlertsYes, Available ✔Yes, Available ✔(Trade SMS ALERT : Rs.1 Per SMS)
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 PM3.20 PM
Can NRI TradeYes, Available ✔Yes, Available ✔
Extra FeaturesAsk to BrokerPivot Point Indicator on Chart

Services and Available Option Category Comparison

Investment Service and Available OptionsKotak SecuritiesZerodha
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 ✔No, ✖
Exchange-Traded Fund (ETF)Yes, Available ✔Yes, Available ✔
Banking ServicesYes, Available ✔No, ✖
Direct InsuranceYes, Available ✔No, ✖
Forex InvestmentYes, Available ✔No, ✖
MF SIP InvestmentsYes, Available ✔No, ✖
PMS ServicesYes, Available ✔No, ✖
Other OptionsAsk to BrokerAsk to Broker

Fund Add / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal ProcessKotak SecuritiesZerodha
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 gateway. Withdrawal fund: Bank Transfer
Time for Payout24 hours (working days)24 hours (working days).
Linked BankKotak Bank AccountNear about 22 bank available for fund credit and Rs.9 for per transaction.

Trading Order Types Comparison

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

Customer Care Services and Numbers Comparison

Customer Care ServicesKotak SecuritiesZerodha
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 ✔No, ✖
Support by BranchYes, Available ✔Yes, Available ✔
Customer Care Contact Number1800 209 919191 8040402020
Account Opening ProcedurePaperlessPaperless
Customer Support Emailservice.securities@kotak.comsupport@zerodha.com
Complaints Support Emailservice.securities@kotak.comcomplaints@zerodha.com
Educational BlogYes, Available ✔Yes, Available ✔
Head Office Address3rd 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 & ReportsKotak SecuritiesZerodha
Equity ResearchYes, Available ✔No, ✖
Mutual Fund ResearchYes, Available ✔Yes, Available ✔
ETF ResearchNo, ✖No, ✖
Daily ReportYes, Available ✔No, ✖
Free Tips- AdvisoryYes, Available ✔No, ✖
Company Result AnalysisYes, Available ✔No, ✖
News & AlertsYes, Available ✔No, ✖

Kotak Securities Vs Zerodha Advantages & Disadvantages Comparison

Advantages & DisadvantagesKotak SecuritiesZerodha
Pros / Likes3-in-1 Account Rs. 0 for Equity Delivery.
Query Answered within 24 hoursExcellent Trading Platforms.
Pan india presenceCustomer care support is very good.
Fast & high tech trading platformEasy account opening procedure.
Prominent researchDirect mutual fund investmenst.
Cons / DislikesHigh Account Opening FeesRs.20 Extra for call n trade.
Slightly High BrokerageNo stock advisory.
No Algo TradingOnline IPO Application not available.
No Brokerage Calculator
Promotion or offer1st 20 call & trade order free.Free equity delivery trading and only Rs.20 or
0.01 % whichever is lowest brokerage charges

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