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

The brokerage of Finvasia ranges between Rs 0, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Upstox ranges between Rs 20. The broker Finvasia and Upstox are discount brokers where Kotak Securities is a full service broker. Overall rating for Finvasia is 4, Kotak Securities is rated 4, Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of Finvasia vs Kotak Securities vs Upstox stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Kotak Securities vs Upstox 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 Finvasia vs Kotak Securities vs Upstox in this setion with 360 degree view of broker information.

Compare Finvasia vs Kotak Securities vs Upstox on Service

  Finvasia Compare
Finvasia
Kotak Securities Compare
Kotak Securities
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Broker Overview 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 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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

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

In this section we have compared Finvasia vs Kotak Securities vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Kotak Securities offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.

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

Compare Finvasia vs Kotak Securities vs Upstox on Plan Options

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

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

Account Opening

  Kotak Securities Zerodha Upstox
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Kotak Securities vs Upstoxon Brokerage Charges

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

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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Finvasia vs Kotak Securities vs Upstox
Brokerage Charges Compare Finvasia Kotak Securities Upstox
Plan Name Zero Brokerage Trading Plan Kotak Securities Trade Free Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Rs 0 0.25% 2.5% or Rs 20 whichever is lower
Equity Intraday Rs 0 Free 0.05% or Rs 20 whichever is lower
Equity Futures Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower
Equity Options Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20
Currency Futures Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% or Rs 20 whichever is lower
Currency Options Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Commodity Trading Rs 0 Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20
Minimum Brokerage NA Rs 21 per executed order
Hidden Charges No No
Call & Trade Charges Free 20 calls free and after that Rs 20 per call Rs 50 + 18% GST
Auto Square off Charges Free 20 calls free and after that Rs 20 per call Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Kotak Securities Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare Finvasia vs Kotak Securities vs Upstox on Transaction Charges

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

Transaction Charges - Compare Finvasia vs Kotak Securities vs Upstox
Transaction Charges Compare Finvasia Kotak Securities Upstox
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for upstox
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Account Features

Compare Finvasia vs Kotak Securities vs Upstox on Account Features

Compare Finvasia vs Kotak Securities vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities and Upstox offers 3-in-1 Account where Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities and Upstox offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and Kotak Securities offers NRI Trading where Upstox doesn't offers NRI Trading.

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

Compare Finvasia vs Kotak Securities vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Kotak Securities vs Upstox. 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 Finvasia vs Kotak Securities vs Upstox
Trading Platform Compare Finvasia Kotak Securities Upstox
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

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

https://pro.upstox.com/

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

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Broker Ratings by Users

Compare Finvasia vs Kotak Securities vs Upstox on User Rating

  Finvasia Kotak Securities Upstox
  17 Customer Reviews    Rate Finvasia 82 Customer Reviews    Rate Kotak Securities 12 Customer Reviews    Rate Upstox
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Finvasia vs Kotak Securities vs Upstox on Investment Offerings

Compare Finvasia vs Kotak Securities vs Upstox 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 Upstox doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs Kotak Securities vs Upstox
Investment Offerings Compare Finvasia Kotak Securities Upstox
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 No Yes No
Insurance No Yes No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No Yes Yes
PMS Service No Yes No
Other Investment Options NIL NIL NIL
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Order Types

Compare Finvasia vs Kotak Securities vs Upstox on Order Types

Order Type - Compare Finvasia vs Kotak Securities vs Upstox 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. 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 Upstox offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

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

Compare Finvasia vs Kotak Securities vs Upstox on Customer Service

Compare Finvasia vs Kotak Securities vs Upstox 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 Finvasia vs Kotak Securities vs Upstox
Customer Service Compare Finvasia Kotak Securities Upstox
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches No Yes Yes
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 1800 209 9191 +91 22 6130 9999
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://upstox.com/help-center/
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website https://www.finvasia.com/ https://www.kotaksecurities.com https://upstox.com/
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Tips/Research/Reports Published

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

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

Research Reports - Compare Finvasia vs Kotak Securities vs Upstox
  Finvasia Kotak Securities Upstox
Research Mutual Funds No Yes No
Research Equity Reports No 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 No Yes No
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Demat Account

Compare Finvasia vs Kotak Securities vs Upstox on Demat Account

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

Demat Charges - Compare Finvasia vs Kotak Securities vs Upstox
  Finvasia Kotak Securities Upstox
DP Source CDSL CDSL CDSL
DP ID 84300 25100 81800
Demat Account Annual Maintenance Charges(AMC) Free ₹780 pa ₹300 PA
Advance Deposit Rs 0 NA NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹27) + CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹15 per certificate ₹3 per certificate + ₹50 courier charges ₹20 + ₹50 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹10 for every hundred securities (Min ₹15) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹25 per transaction 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation NIL 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹25 per transaction 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation NIL 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation ₹19 per transaction 0.05% of transaction value (Min ₹30) 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges ₹49 Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

Compare Finvasia vs Kotak Securities vs Upstox on Special Offers and Promotion
  Finvasia Kotak Securities Upstox
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes

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...

  • 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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

Dislikes

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...

  • 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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquire for Finvasia Enquire for Kotak Securities Enquire for Upstox

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