Indiabulls Securities Vs Kotak Securities Vs Fyers: Which one is better?
The brokerage of Indiabulls Securities ranges between Rs 11, the brokerage of Kotak Securities ranges between Rs 10, while the brokerage of Fyers ranges between Rs 20. The broker Kotak Securities is a full service broker where Indiabulls Securities and Fyers are discount brokers. Overall rating for Indiabulls Securities is 4, Kotak Securities is rated 4, Fyers is rated 4 out of 5.
Here we present side-by-side comparison of Indiabulls Securities vs Kotak Securities vs Fyers stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Indiabulls Securities vs Kotak Securities vs Fyers on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Indiabulls Securities vs Kotak Securities vs Fyers in this setion with 360 degree view of broker information.
Compare Stock Brokers Side-by-Side
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Service
Indiabulls Securities
Kotak Securities
Fyers
Account Opening Charges and AMC
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Trading & Demat Account Opening Charges
In this section we have compared Indiabulls Securities vs Kotak Securities Ltd vs Fyers Securities on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offer Free Trading account opening. Demat AMC charges - Indiabulls Securities charges Rs 25 + GST per month from 1st month as AMC for Demat account, Kotak Securities Ltd charges Rs 600 PA AMC for Demat account, where Fyers Securities charges Free AMC for Demat account.
| Segment | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 25 + GST per month from 1st month | Rs 600 PA | Free |
| Provide DP Service | Yes | Yes | Yes |
About Brokerage Plans
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Plan Options
Plans are the most important feature you look for when comparing Indiabulls Securities vs Kotak Securities Ltd vs Fyers Securities. This section compares on high level, the type of plans offered by brokers. Miltiple Plans - Kotak Securities Ltd offers Multiple Plans, where Indiabulls Securities and Fyers Securities don't offer. Monthlay Plans - All 3 brokers don't have Monthly Plans.
| Plan Types | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Multiple Plans | No | Yes | No |
| Monthly Plans | Yes | No | No |
| Yearly Plans | No | No | No |
Account Opening
| ย | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account |
Share Broker's Transaction Charges
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Transaction Charges
Compare Indiabulls Securities vs Kotak Securities vs Fyers on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for indiabulls-securities | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for fyers |
Account Features
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Account Features
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities Ltd offers a 3-in-1 Account, where Indiabulls Securities and Fyers Securities offer only a 2-in-1 account, which includes trading and demat accounts. Margin Funding - Indiabulls Securities and Kotak Securities Ltd offer margin funding, whereas Fyers Securities doesn't offer margin funding. NRI Trading - All 3 brokers offer NRI Trading.
| Account Features Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| 3 in 1 Account | No | Yes | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | No | Yes |
| SMS Alerts | Yes | Yes | No |
| Online Demo | No | Yes | Yes |
| Online Portfolio | Yes | Yes | No |
| Margin Trading Funding Available | Yes | Yes | No |
| Combined Ledger for Equity and Commodity | Yes | No | Yes |
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | Yes | Yes | Yes |
| Other Features | Fyers 30 Day Challenge |
Trading Platform
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Trading Platform
With our expert research team, we have compared all the major features of Trading platform b/w Indiabulls Securities vs Kotak Securities vs Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android, and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Power Indiabulls Web | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat | Fyers Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Indiabulls Securities App | Kotak Neo | Fyers Mobile App |
| Mobile Trading App Demo | Indiabulls Securities App | Kotak Neo | Fyers Mobile App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | |||
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | |||
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Indiabulls Securities | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for Fyers |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Indiabulls Securities | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for Fyers |
| Options Brokerage Calculator | Option Brokerage Calculator for Indiabulls Securities | Option Brokerage Calculator for Kotak Securities | Option Brokerage Calculator for Fyers |
| Detail | Detail on Trading Platforms for Indiabulls Securities | Detail on Trading Platforms for Kotak Securities | Detail on Trading Platforms for Fyers |
Broker Ratings by Users
Compare Indiabulls Securities vs Kotak Securities vs Fyers on User Rating
| ย | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| ย | 33 Customer reviewsย ย ย Rate | 83 Customer reviewsย ย ย Rate | 11 Customer reviewsย ย ย Rate |
| Fees Ratings | |||
| Trading Brokerage Rating | |||
| Trading Platform Usability | |||
| Customer Service Ratings | |||
| Overall Rating | |||
| Broker Rating | Indiabulls Securities is Rated 3.6 / 5 based on 33 customer reviews | Kotak Securities is Rated 2.8 / 5 based on 83 customer reviews | Fyers is Rated 3.18 / 5 based on 11 customer reviews |
Investment Offerings
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Investment Offerings
Compare Indiabulls Securities vs Kotak Securities vs Fyers 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offer Commodity Trading. Online Mutual Fund Investment - All 3 brokers offer online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities Ltd offers PMS facility, whereas Indiabulls Securities and Fyers Securities don't offer PMS facility.
| Investment Offerings Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | Yes | No |
| ETF | Yes | Yes | Yes |
| Banking | No | Yes | No |
| Insurance | No | Yes | No |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | No |
| PMS Service | No | Yes | No |
| Other Investment Options | Research & Advisory | NIL | NIL |
Margin Trading Facility
Compare Indiabulls Securities vs Kotak Securities vs Fyers on MTF
| MTF Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| MTF Leverage | Up to about 4x leverage | 4-5x leverage on 1500+ stocks | Up to 4x leverage on 1600+ stocks |
| MTF Interest Rate | 14% p.a. | 9.69% p.a. | 12.49% - 16.49% per annum (Slab-based MTF Interest rates) |
| MTF Segment | Equity Delivery | Equity Delivery | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN per pledge | ₹20 per ISIN | ₹12 per stock |
| MTF Unpledged Charges | ₹20 per ISIN per unpledge | ₹20 per ISIN | ₹12 per stock |
| Maximum MTF Funding | - | ₹20 crore per account | Upto ₹50 Lakh per account |
API
Compare Indiabulls Securities vs Kotak Securities vs Fyers on API Details
| API Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| API Type |
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| Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
| API Charges | Free | Free | Free |
Customer Service Offered
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Customer Service
Compare Indiabulls Securities vs Kotak Securities vs Fyers on customer service offered by the broker. This section compares the type of service offered by each broker for quick resolution of queries/issues you may have.
| Customer Service Compare | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | No | Yes | No |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | Yes | No |
| Through Branches | Yes | Yes | No |
| Customer Care Number | 022-61446300 | 1800 209 9191 | 08060001111 |
| Account Opening Process | Online paperless | Online | 100% online and paperless proc |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.ibullssecurities.com/blogs-page | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://fyers.in/school-of-stocks/ |
| Head Office Address | Indiabulls Securities Headoffice Plot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase - I, Gurugram - 122016 | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
| Website | https://www.ibullssecurities.com/ | https://www.kotaksecurities.com | https://fyers.in/ |
Tips/Research/Reports Published
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Research Reports, Tips
Compare Indiabulls Securities vs Kotak Securities vs Fyers on research reports and tips provided by broker.
| ย | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| Research Mutual Funds | No | Yes | No |
| Research Equity Reports | Yes | Yes | No |
| Research ETF | No | Yes | No |
| Daily Market Report | No | Yes | No |
| Free Tips | No | Yes | No |
| Quarterly Result Analysis | No | Yes | No |
| News Alerts | Yes | Yes | Yes |
Demat Account
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Demat Account
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Demat Service and Charges. This section covers demat charges, demat service, and other details.
| ย | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 29900 | 25100 | 89400 |
| Demat Account Annual Maintenance Charges(AMC) | Rs 25/month AMC + GST | ₹780 pa | Free |
| Advance Deposit | Nil | NA | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever | 0.04% (Min ₹27) + CDSL charges | ₹7 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹5 per certificate (Min ₹50 per request) | ₹3 per certificate + ₹50 courier charges | ₹0 |
| Remat | ₹35/- for every 100 securities/MF units or part thereof | ₹10 for every hundred securities (Min ₹15) | ₹0 |
| Pledge Creation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Creation Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Closure | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Closure Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Invocation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Stamp Charges ₹50, |
Special Offers, Advantages, Disadvantages
Compare Indiabulls Securities vs Kotak Securities vs Fyers on Special Offers and Promotion
Compare Indiabulls Securities vs Kotak Securities vs Fyers on general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| ย | Indiabulls Securities | Kotak Securities | Fyers |
|---|---|---|---|
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| Special Offers/Promo | Current Promotion offer from Indiabulls for InvestorGain Visitors
| ๐ผ Kotak Securities Trade Free Plan
| ๐ท Current Promotion Offer from Fyers for InvestorGain Visitors:
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| Open Kotak Securities Account Now | Open Fyers Account Now |
Last Updated on Sat, May 9, 2026



