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Kotak Securities Vs Finvasia Vs Fyers: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Fyers ranges between Rs 20. The broker Finvasia and Fyers are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Finvasia is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Kotak Securities vs Finvasia 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 Kotak Securities vs Finvasia 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 Kotak Securities vs Finvasia vs Fyers in this setion with 360 degree view of broker information.

Compare Kotak Securities vs Finvasia vs Fyers on Service

  Kotak Securities Compare
Kotak Securities
Finvasia Compare
Finvasia
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
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 Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare Kotak Securities vs Finvasia vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs Finvasia vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Finvasia vs Fyers
Charges Kotak Securities Finvasia Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Finvasia vs Fyers on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Finvasia vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where Finvasia and Fyers doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Kotak Securities vs Finvasia vs Fyers on Plan Options
Plan Types Kotak Securities Finvasia Fyers
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Finvasia vs Fyerson 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Kotak Securities vs Finvasia vs Fyers
Brokerage Charges Compare Kotak Securities Finvasia Fyers
Plan Name Kotak Securities Trade Free Plan Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.25% Rs 0 Free
Equity Intraday Free Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 0 Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 20
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 20
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA Yes, 24% interest PA No
Call & Trade Charges 20 calls free and after that Rs 20 per call Free Rs 50 Per Order
Auto Square off Charges 20 calls free and after that Rs 20 per call Free Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Finvasia Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Kotak Securities vs Finvasia vs Fyers on Transaction Charges

Compare Kotak Securities vs Finvasia vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs Finvasia vs Fyers
Transaction Charges Compare Kotak Securities Finvasia Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 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 NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for finvasia Complete Brokerage Plans for fyers
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Account Features

Compare Kotak Securities vs Finvasia vs Fyers on Account Features

Compare Kotak Securities vs Finvasia vs Fyers 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 Finvasia and Fyers offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities offers margin funding where Finvasia and Fyers doesn't offers margin funding. NRI Trading - Kotak Securities and Finvasia offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Kotak Securities vs Finvasia vs Fyers
Account Features Compare Kotak Securities Finvasia Fyers
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. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL Fyers 30 Day Challenge
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Trading Platform

Compare Kotak Securities vs Finvasia vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Finvasia 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 Kotak Securities vs Finvasia vs Fyers
Trading Platform Compare Kotak Securities Finvasia Fyers
Desktop Trading Platform Neo OMNESYS NEST Fyers One
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://trade.finvasia.com/

Fyers Web

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo SCALPERT Fyers 2.0 Mobile App
Mobile Trading App Demo Kotak Neo Demo SCALPERT Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Kotak Neo Download Info Not Available iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for finvasia Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Kotak Securities vs Finvasia vs Fyers on User Rating

  Kotak Securities Finvasia Fyers
  82 Customer Reviews    Rate Kotak Securities 17 Customer Reviews    Rate Finvasia 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Kotak Securities vs Finvasia vs Fyers on Investment Offerings

Compare Kotak Securities vs Finvasia 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 offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where Finvasia and Fyers doesn't offers PMS facility.

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

Compare Kotak Securities vs Finvasia vs Fyers on Order Types

Order Type - Compare Kotak Securities vs Finvasia vs Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. 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) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Kotak Securities and Fyers offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

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

Compare Kotak Securities vs Finvasia vs Fyers on Customer Service

Compare Kotak Securities vs Finvasia vs Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities vs Finvasia vs Fyers
Customer Service Compare Kotak Securities Finvasia Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800 209 9191 Support: +91 9779 097 777/Sales: +91 9098 001 001 08060001111
Account Opening Process Online Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://finvasia.com/announcements https://fyers.in/school-of-stocks/
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.kotaksecurities.com https://www.finvasia.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Kotak Securities vs Finvasia vs Fyers on Research Reports, Tips

Compare Kotak Securities vs Finvasia vs Fyers on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs Finvasia vs Fyers
  Kotak Securities Finvasia Fyers
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No Yes
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Demat Account

Compare Kotak Securities vs Finvasia vs Fyers on Demat Account

Compare Kotak Securities vs Finvasia vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs Finvasia vs Fyers
  Kotak Securities Finvasia Fyers
DP Source CDSL CDSL CDSL
DP ID 49200 84300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free Free
Advance Deposit NA Rs 0 Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹3 per certificate + ₹50 courier charges ₹15 per certificate ₹0
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities + CDSL Charges ₹0
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25 per transaction Nil
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹19 per transaction Nil
Failed Instruction Charges Nil ₹49 Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Finvasia vs Fyers on Special Offers and Promotion

Compare Kotak Securities vs Finvasia vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Finvasia vs Fyers on Special Offers and Promotion
  Kotak Securities Finvasia Fyers
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.
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 hrs except for bank holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Direct from your Kotak Mahindra bank account. FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2024-06-28T04:56:37+00:00