FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Kotak Securities Vs Fyers Vs Alice Blue: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Fyers ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker Fyers and Alice Blue are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Fyers is rated 4, Alice Blue is rated 4 out of 5.

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

Compare Kotak Securities vs Fyers vs Alice Blue on Service

  Kotak Securities Compare
Kotak Securities
Fyers Compare
Fyers
Alice Blue Compare
Alice Blue
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 BSE, NSE, MCX, NCDEX
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 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 Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from Kotak Securities Request call back from Fyers Request call back from Alice Blue
Expand

Account Opening Charges and AMC

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

In this section we have compared Kotak Securities vs Fyers vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Fyers and Alice Blue offer Free account opening where Kotak Securities charges Rs 99 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Fyers charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Fyers vs Alice Blue
Charges Kotak Securities Fyers Alice Blue
Trading Account Opening Fees Rs 99 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Rs 400 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Fyers vs Alice Blue on Plan Options

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

Compare Kotak Securities vs Fyers vs Alice Blue on Plan Options
Plan Types Kotak Securities Fyers Alice Blue
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Fyers Alice Blue
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Fyers vs Alice Blueon 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.

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

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare Kotak Securities vs Fyers vs Alice Blue
Brokerage Charges Compare Kotak Securities Fyers Alice Blue
Plan Name Kotak Securities Trade Free Plan Max Rs 20 Per Order Trading Plan F15 Plan
Equity Delivery 0.25% Free Free
Equity Intraday Free 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA No Yes - 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 50 Per Order Rs 50 per order + GST
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 50 Per Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Fyers Brokerage Calculator for Alice Blue
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Fyers vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Kotak Securities vs Fyers vs Alice Blue
Transaction Charges Compare Kotak Securities Fyers Alice Blue
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 NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for fyers Complete Brokerage Plans for alice-blue
Expand

Account Features

Compare Kotak Securities vs Fyers vs Alice Blue on Account Features

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

Account Features - Kotak Securities vs Fyers vs Alice Blue
Account Features Compare Kotak Securities Fyers Alice Blue
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 Alice Blue 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 No
Online Portfolio Yes No 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 No Yes
Other Features Fyers 30 Day Challenge NIL
Expand

Trading Platform

Compare Kotak Securities vs Fyers vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Fyers vs Alice Blue. 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 Fyers vs Alice Blue
Trading Platform Compare Kotak Securities Fyers Alice Blue
Desktop Trading Platform Neo Fyers One ANT - Analyse and Trade
Desktop Demo Desktop Demo Desktop Demo Info Not Available
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

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo Fyers 2.0 Mobile App ANT Mobile
Mobile Trading App Demo Kotak Neo Demo Fyers 2.0 Mobile App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Fyers 2.0 Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS Fyers 2.0 Mobile App Download iOS ANT Mobile 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 Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Fyers Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for fyers Detail on Trading Platforms for alice-blue

Expand

Broker Ratings by Users

Compare Kotak Securities vs Fyers vs Alice Blue on User Rating

  Kotak Securities Fyers Alice Blue
  82 Customer Reviews    Rate Kotak Securities 10 Customer Reviews    Rate Fyers 8 Customer Reviews    Rate Alice Blue
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 Fyers is Rated 3.2 / 5 based on 10 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Fyers vs Alice Blue on Investment Offerings

Compare Kotak Securities vs Fyers vs Alice Blue 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 Fyers and Alice Blue doesn't offers PMS facility.

Investment Offerings - Compare Kotak Securities vs Fyers vs Alice Blue
Investment Offerings Compare Kotak Securities Fyers Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes No 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
Expand

Order Types

Compare Kotak Securities vs Fyers vs Alice Blue on Order Types

Order Type - Compare Kotak Securities vs Fyers vs Alice Blue 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 Alice Blue doesn't provides GTC.

Order Types - Compare Kotak Securities vs Fyers vs Alice Blue
Order Type Compare Kotak Securities Fyers Alice Blue
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 Yes No
Expand

Customer Service Offered

Compare Kotak Securities vs Fyers vs Alice Blue on Customer Service

Compare Kotak Securities vs Fyers vs Alice Blue 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 Fyers vs Alice Blue
Customer Service Compare Kotak Securities Fyers Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 1800 209 9191 08060001111 08035215000/080-45490850
Account Opening Process Online 100% online and paperless proc Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://fyers.in/school-of-stocks/ https://tradeschool.aliceblueonline.com/
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.kotaksecurities.com https://fyers.in/ https://www.aliceblueonline.com
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Fyers vs Alice Blue on Research Reports, Tips

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

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

Demat Account

Compare Kotak Securities vs Fyers vs Alice Blue on Demat Account

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

Demat Charges - Compare Kotak Securities vs Fyers vs Alice Blue
  Kotak Securities Fyers Alice Blue
DP Source CDSL CDSL CDSL
DP ID 49200 432-2019 83500
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free ₹400 pa
Advance Deposit NA Nil Rs 0
Statutory charges Nil Nil Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹7 + ₹5.50 (CDSL Charges) per transaction 0.04% of the value of the transaction
Demat ₹3 per certificate + ₹50 courier charges ₹0 ₹10 per certificate + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹0 ₹30 per certificate + CDSL charges
Pledge Creation 0.05% of transaction value (Min ₹30) Nil ₹20 + CDSL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) Nil ₹20 + CDSL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) Nil ₹20 + CDSL charges
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Stamp Charges ₹50, Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Fyers vs Alice Blue on Special Offers and Promotion

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

Compare Kotak Securities vs Fyers vs Alice Blue on Special Offers and Promotion
  Kotak Securities Fyers Alice Blue
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/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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
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. Upto 24 Hrs except 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 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

  • 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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

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...

  • 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...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo
Enquire for Kotak Securities Enquire for Fyers Enquire for Alice Blue

Last Updated on 2024-02-17T05:10:46+00:00