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Sharekhan 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 Sharekhan ranges between 0.1 to 0.5% while the brokerage of Kotak Securities ranges between Rs. 20 per order. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Kotak Securities is 12,48,531 where number of active customer for Sharekhan is 6,71,884. Kotak Securities is serving more customer compare to Sharekhan.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan vs Kotak Securities on Service

  Sharekhan Compare
Sharekhan
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? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 6,71,884 12,48,531
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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 Sharekhan Request call back from Kotak Securities
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Account Opening Charges and AMC

Compare Sharekhan vs Kotak Securities on Trading & Demat Account Opening Charges

Comparison of Sharekhan with Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where Kotak Securities charges Rs 99 for account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Kotak Securities
Charges Sharekhan Kotak Securities
Trading Account Opening Fees Free Rs 99
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Rs 600 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Kotak Securities on Plan Options

Plans are the most important feature you look when compare Sharekhan with Kotak Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Sharekhan Kotak Securities
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Kotak Securities on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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 Sharekhan with Kotak Securities
Brokerage Charges Compare Sharekhan Kotak Securities
Plan Name Sharkehan Brokerage Plan Kotak Securities Trade Free Plan
Equity Delivery 0.30% 0.25%
Equity Intraday 0.02% Free
Equity Futures 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures 0.02% Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Rs 5 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Rs 20 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage Rs 20 Rs 21 per executed order
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA
Call & Trade Charges Free 20 calls free and after that Rs 20 per call
Auto Square off Charges Free 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Kotak Securities
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Share Broker's Transaction Charges

Compare Sharekhan vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare Sharekhan with Kotak Securities
Transaction Charges Compare Sharekhan 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 sharekhan Complete Brokerage Plans for kotak-securities
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Account Features

Compare Sharekhan vs Kotak Securities on Account Features

Compare Sharekhan 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 Sharekhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - both 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 - Sharekhan with Kotak Securities
Account Features Compare Sharekhan Kotak Securities
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. Yes, Sharekhan 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 Yes 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 Sharekhan vs Kotak Securities on Trading Platform

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

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Broker Ratings by Users

Compare Sharekhan vs Kotak Securities on User Rating

  Sharekhan Kotak Securities
  184 Customer Reviews    Rate Sharekhan 82 Customer Reviews    Rate Kotak Securities
Fees Ratings 3.2 2.6
Trading Brokerage Rating 3.1 2.7
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.5 3.1
Overall Ratings 3.6 2.8
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare Sharekhan vs Kotak Securities on Investment Offerings

Compare Sharekhan 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) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare Sharekhan with Kotak Securities
Investment Offerings Compare Sharekhan 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 Yes Yes
Other Investment Options NIL NIL
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Order Types

Compare Sharekhan vs Kotak Securities on Order Types

Order Type - Compare Sharekhan 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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 Sharekhan with Kotak Securities
Order Type Compare Sharekhan Kotak Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Sharekhan vs Kotak Securities on Customer Service

Compare Sharekhan 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 Sharekhan with Kotak Securities
Customer Service Compare Sharekhan Kotak Securities
24/7 Customer Service Sharekhan vs Kotak Securities - 24x7 customer support No No
Email Support Sharekhan vs Kotak Securities - Email Support Yes Yes
Onine Live Chat Sharekhan vs Kotak Securities - Onine Live Chat Yes Yes
Phone Support Sharekhan vs Kotak Securities - Phone Support Yes Yes
Toll Free Number Sharekhan vs Kotak Securities - Toll Free Number Yes Yes
Through Branches Sharekhan vs Kotak Securities - Through Branches Yes Yes
Customer Care Number Sharekhan vs Kotak Securities - Customer Care Number 1800227500 1800 209 9191
Account Opening Process Sharekhan vs Kotak Securities - Account Opening Process Offline Online
Customer Support Email Sharekhan vs Kotak Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Kotak Securities - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address Sharekhan vs Kotak Securities - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Website Sharekhan vs Kotak Securities - Company Website https://www.sharekhan.com https://www.kotaksecurities.com
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Tips/Research/Reports Published

Compare Sharekhan vs Kotak Securities on Research Reports, Tips

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

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

Compare Sharekhan vs Kotak Securities on Demat Account

Compare Sharekhan 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 Sharekhan is ₹500 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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 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 Sharekhan with Kotak Securities
  Sharekhan Kotak Securities
DP Source CDSL CDSL
DP ID Sharekhan vs Kotak Securities - DP ID 36000 49200
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹780 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) NA
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate (Min 50 per request) ₹3 per certificate + ₹50 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹10 for every hundred securities (Min ₹15)
Pledge Creation 0.03% (Min ₹100) 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation Nil 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Kotak Securities on Special Offers and Promotion

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

Compare Sharekhan vs Kotak Securities on Special Offers and Promotion
  Sharekhan Kotak Securities
Pay In and Pay Out Options Sharekhan vs Kotak Securities - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Sharekhan vs Kotak Securities - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Sharekhan vs Kotak Securities - Bank Supported and Charges Info Not Available (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your Kotak Mahindra bank account.
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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
Enquiry Open Sharekhan Account Now>> Open Kotak Securities Account Now>>

Last Updated on 2024-03-04T07:37:57+00:00