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Kotak Securities Vs Sushil Finance: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Kotak Securities ranges between Rs. 20 per order while the brokerage of Sushil Finance ranges between .01 to .03 . Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Sushil Finance. Kotak Securities is rated 4 out of 5 where Sushil Finance is rated only 3 out of 5. Number of active customer for Kotak Securities is 10,55,717 where number of active customer for Sushil Finance is . Kotak Securities is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Kotak Securities vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs Sushil Finance's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Kotak Securities vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Kotak Securities vs Sushil Finance's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Kotak Securities vs Sushil Finance on Service

  Kotak Securities Compare
Kotak Securities
Sushil Finance Compare
Sushil Finance
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 10,55,717
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Sushil Finance offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Sushil Finance
Charges Kotak Securities Sushil Finance
Trading Account Opening Fees Rs 99 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare Kotak Securities with Sushil Finance. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Sushil Finance doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with Sushil Finance on Plan Options
Plan Types Kotak Securities Sushil Finance
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Sushil Finance on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare Kotak Securities with Sushil Finance
Brokerage Charges Compare Kotak Securities Sushil Finance
Plan Name Kotak Securities Trade Free Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.25% 0.3% or 30 paisa
Equity Intraday Free 0.03% or 3 paisa
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 50 Per Lot
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 30 Per Lot
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or 3 paisa
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call NA
Auto Square off Charges 20 calls free and after that Rs 20 per call NA
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare Kotak Securities vs Sushil Finance on Transaction Charges

Compare Kotak Securities with Sushil Finance on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with Sushil Finance
Transaction Charges Compare Kotak Securities Sushil Finance
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for sushil-finance
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Account Features

Compare Kotak Securities vs Sushil Finance on Account Features

Compare Kotak Securities with Sushil Finance on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where Sushil Finance offers only 2-in-1 account which includes trading and demat account. Algo Trading - Sushil Finance offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Kotak Securities with Sushil Finance
Account Features Compare Kotak Securities Sushil Finance
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Sushil Finance. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with Sushil Finance
Trading Platform Compare Kotak Securities Sushil Finance
Desktop Trading Platform Neo Sushil Finance
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://itrading.sushilfinance.com/html5/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo Sushil Connect
Mobile Trading App Demo Kotak Neo Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare Kotak Securities vs Sushil Finance on User Rating

  Kotak Securities Sushil Finance
  82 Customer Reviews    Rate Kotak Securities 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 2.6 4.0
Trading Brokerage Rating 2.7 5.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.1 5.0
Overall Ratings 2.8 4.0
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Kotak Securities vs Sushil Finance on Investment Offerings

Compare Kotak Securities with Sushil Finance on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where Sushil Finance doesn't offer

Investment Offerings - Compare Kotak Securities with Sushil Finance
Investment Offerings Compare Kotak Securities Sushil Finance
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL Insurance
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Order Types

Compare Kotak Securities vs Sushil Finance on Order Types

Order Type - Compare Kotak Securities with Sushil Finance on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak Securities provide Cover Orders (CO) where Sushil Finance doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities provide Bracket Orders (BO) where Sushil Finance doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Sushil Finance doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with Sushil Finance
Order Type Compare Kotak Securities Sushil Finance
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Kotak Securities vs Sushil Finance on Customer Service

Compare Kotak Securities with Sushil Finance on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Kotak Securities with Sushil Finance
Customer Service Compare Kotak Securities Sushil Finance
24/7 Customer Service Kotak Securities vs Sushil Finance - 24x7 customer support No No
Email Support Kotak Securities vs Sushil Finance - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Sushil Finance - Onine Live Chat Yes No
Phone Support Kotak Securities vs Sushil Finance - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Sushil Finance - Toll Free Number Yes No
Through Branches Kotak Securities vs Sushil Finance - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Sushil Finance - Customer Care Number 1800 209 9191 +91-22-40778083/87/88
Account Opening Process Kotak Securities vs Sushil Finance - Account Opening Process Online Instant & Paperless
Customer Support Email Kotak Securities vs Sushil Finance - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs Sushil Finance - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.sushilfinance.com/research/fundamental
Head Office Address Kotak Securities vs Sushil Finance - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs Sushil Finance - Company Website https://www.kotaksecurities.com https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs Sushil Finance on Research Reports, Tips

Compare Kotak Securities with Sushil Finance on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with Sushil Finance
  Kotak Securities Sushil Finance
Research Mutual Funds Kotak Securities vs Sushil Finance - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs Sushil Finance - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs Sushil Finance - Research ETF Yes Yes
Daily Market Report Kotak Securities vs Sushil Finance - Daily Market Report Yes Yes
Free Tips Kotak Securities vs Sushil Finance - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs Sushil Finance - Quarterly Results Yes Yes
News Alerts Kotak Securities vs Sushil Finance - Yes Yes
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Demat Account

Compare Kotak Securities vs Sushil Finance on Demat Account

Compare Kotak Securities with Sushil Finance on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Sushil Finance is ₹400 one time where for Kotak Securities is ₹780 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Sushil Finance is 0.04% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with Sushil Finance
  Kotak Securities Sushil Finance
DP Source CDSL CDSL
DP ID Kotak Securities vs Sushil Finance - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹400 one time
Advance Deposit NA INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% of the transaction value (Min ₹15)
Demat ₹3 per certificate + ₹50 courier charges ₹10 per certificate + ₹75 request charges
Remat ₹10 for every hundred securities (Min ₹15) ₹35 per request
Pledge Creation 0.05% of transaction value (Min ₹30) ₹35
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹35
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Sushil Finance on Special Offers and Promotion

Compare Kotak Securities with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Sushil Finance on Special Offers and Promotion
  Kotak Securities Sushil Finance
Pay In and Pay Out Options Kotak Securities vs Sushil Finance - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Kotak Securities vs Sushil Finance - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs Sushil Finance - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-17T05:10:46+00:00