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Religare Broking Vs Kotak Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking ranges between 0.05 to 0.50% while the brokerage of Kotak Securities ranges between Rs. 20 per order. Both the brokers are Full Service brokers. Religare Broking is having overall lower rating compare to Kotak Securities. Religare Broking is rated only 3.5 out of 5 where Kotak Securities is rated 4 out of 5. Number of active customer for Kotak Securities is 10,55,717 where number of active customer for Religare Broking is 1,36,664. Kotak Securities is serving more customer compare to Religare Broking.

Here we present side-by-side comparison of Religare Broking vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs Kotak Securities'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 Religare Broking vs Kotak Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs Kotak Securities'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 Religare Broking vs Kotak Securities on Service

  Religare Broking Compare
Religare Broking
Kotak Securities Compare
Kotak Securities
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? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,36,664 10,55,717
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking 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
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities
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Account Opening Charges and AMC

Compare Religare Broking vs Kotak Securities on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Religare Broking charges Rs 500 for account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Religare Broking with Kotak Securities
Charges Religare Broking Kotak Securities
Trading Account Opening Fees Rs 500 Rs 99
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 600 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Kotak Securities on Plan Options

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

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

Account Opening

  Zerodha Kotak Securities
Account Opening Request
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Brokerage Charges

Compare Religare Broking vs Kotak Securities on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

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.

Brokerage Charges - Compare Religare Broking with Kotak Securities
Brokerage Charges Compare Religare Broking Kotak Securities
Plan Name Religare One Brokerage Plan (Percentage Based) Kotak Securities Trade Free Plan
Equity Delivery 0.50% to 0.10% 0.25%
Equity Intraday 0.05% to 0.01% Free
Equity Futures 0.05% or 5 paisa Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Rs 70 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures 0.05% or 5 paisa Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Rs 30 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage 1p per share Rs 21 per executed order
Hidden Charges Yes No
Funding Yes - 21% interest PA 12.49% interest PA
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day 20 calls free and after that Rs 20 per call
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Kotak Securities
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Share Broker's Transaction Charges

Compare Religare Broking vs Kotak Securities on Transaction Charges

Compare Religare Broking with Kotak Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Religare Broking with Kotak Securities
Transaction Charges Compare Religare Broking Kotak Securities
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for kotak-securities
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Account Features

Compare Religare Broking vs Kotak Securities on Account Features

Compare Religare Broking with Kotak Securities 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 Religare Broking offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Kotak Securities offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Religare Broking vs Kotak Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and Kotak Securities. 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 Religare Broking with Kotak Securities
Trading Platform Compare Religare Broking Kotak Securities
Desktop Trading Platform OdinDiet and Power FnO Neo
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami Kotak Neo
Mobile Trading App Demo Religare Dynami Demo Kotak Neo Demo
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod Kotak Neo Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami Download iOS Kotak Neo 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 Religare Broking Equity Intraday and Delivery Brokerage Calculator for Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for kotak-securities

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Broker Ratings by Users

Compare Religare Broking vs Kotak Securities on User Rating

  Religare Broking Kotak Securities
  56 Customer Reviews    Rate Religare Broking 82 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.2 2.6
Trading Brokerage Rating 3.2 2.7
Trading Platform Usability 3.0 3.2
Customer Service Ratings 2.9 3.1
Overall Ratings 2.9 2.8
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare Religare Broking vs Kotak Securities on Investment Offerings

Compare Religare Broking with Kotak Securities 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 provides PMS Service where Religare Broking doesn't offer

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

Compare Religare Broking vs Kotak Securities on Order Types

Order Type - Compare Religare Broking with Kotak Securities 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities provides Bracket Orders (BO) where Religare Broking 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

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

Compare Religare Broking vs Kotak Securities on Customer Service

Compare Religare Broking with Kotak Securities 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 Religare Broking with Kotak Securities
Customer Service Compare Religare Broking Kotak Securities
24/7 Customer Service Religare Broking vs Kotak Securities - 24x7 customer support No No
Email Support Religare Broking vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Religare Broking vs Kotak Securities - Onine Live Chat No Yes
Phone Support Religare Broking vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Religare Broking vs Kotak Securities - Toll Free Number No Yes
Through Branches Religare Broking vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Religare Broking vs Kotak Securities - Customer Care Number 1860-25-88888 1800 209 9191
Account Opening Process Religare Broking vs Kotak Securities - Account Opening Process Online/Paperless Online
Customer Support Email Religare Broking vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Kotak Securities - Knowledge Center/Education Not available https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address Religare Broking vs Kotak Securities - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Religare Broking vs Kotak Securities - Company Website http://www.religareonline.com https://www.kotaksecurities.com
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Tips/Research/Reports Published

Compare Religare Broking vs Kotak Securities on Research Reports, Tips

Compare Religare Broking with Kotak Securities on research reports and tips provided by the broker.

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

Compare Religare Broking vs Kotak Securities on Demat Account

Compare Religare Broking with Kotak Securities 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 Kotak Securities is ₹780 pa where for Religare Broking is ₹400 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 Religare Broking is ₹12 where for Kotak Securities is 0.04% (Min ₹27) + CDSL charges.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 Religare Broking with Kotak Securities
  Religare Broking Kotak Securities
DP Source CDSL CDSL
DP ID Religare Broking vs Kotak Securities - DP ID 30200 49200
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa
Advance Deposit Rs. 500/- NA
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate + ₹30 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹10 for every hundred securities (Min ₹15)
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher 0.05% of transaction value (Min ₹30)
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Kotak Securities on Special Offers and Promotion

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

Compare Religare Broking vs Kotak Securities on Special Offers and Promotion
  Religare Broking Kotak Securities
Pay In and Pay Out Options Religare Broking vs Kotak Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
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.
Payout Time Religare Broking vs Kotak Securities - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Religare Broking vs Kotak Securities - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Direct from your Kotak Mahindra bank account.
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

  • 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...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

  • 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...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Kotak Securities Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00