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

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. The broker Zerodha and Alice Blue are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Zerodha is rated 4.5, Alice Blue is rated 4 out of 5.

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

Compare Kotak Securities vs Zerodha vs Alice Blue on Service

  Kotak Securities Compare
Kotak Securities
Zerodha Compare
Zerodha
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 NSE, BSE, 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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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 Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities vs Zerodha vs Alice Blue 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, Zerodha charges Rs 300 PA AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Zerodha vs Alice Blue
Charges Kotak Securities Zerodha Alice Blue
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Zerodha vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Zerodha 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 Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Kotak Securities vs Zerodha vs Alice Blue on Plan Options
Plan Types Kotak Securities Zerodha Alice Blue
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Zerodha 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.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha vs Alice Blue
Brokerage Charges Compare Kotak Securities Zerodha 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 NIL NA
Hidden Charges No No
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order Rs 50 per order + GST
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Zerodha Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare Kotak Securities vs Zerodha vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare Kotak Securities vs Zerodha vs Alice Blue
Transaction Charges Compare Kotak Securities Zerodha 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 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 kotak-securities Complete Brokerage Plans for zerodha Complete Brokerage Plans for alice-blue
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Account Features

Compare Kotak Securities vs Zerodha vs Alice Blue on Account Features

Compare Kotak Securities vs Zerodha 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 Zerodha and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities offers margin funding where Zerodha and Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Kotak Securities vs Zerodha vs Alice Blue
Account Features Compare Kotak Securities Zerodha 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 Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:20 PM 3:15 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Zerodha 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 Zerodha 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 Zerodha vs Alice Blue
Trading Platform Compare Kotak Securities Zerodha Alice Blue
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo Zerodha Kite App ANT Mobile
Mobile Trading App Demo Kotak Neo Demo Zerodha Kite App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for zerodha Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare Kotak Securities vs Zerodha vs Alice Blue on User Rating

  Kotak Securities Zerodha Alice Blue
  82 Customer Reviews    Rate Kotak Securities 160 Customer Reviews    Rate Zerodha 20 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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Alice Blue is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Kotak Securities vs Zerodha vs Alice Blue on Investment Offerings

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

Investment Offerings - Compare Kotak Securities vs Zerodha vs Alice Blue
Investment Offerings Compare Kotak Securities Zerodha 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 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 Yes No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Kotak Securities vs Zerodha vs Alice Blue on Order Types

Order Type - Compare Kotak Securities vs Zerodha 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 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 Zerodha offers Good Till Cancelled (GTC) orders facility where Alice Blue doesn't provides GTC.

Order Types - Compare Kotak Securities vs Zerodha vs Alice Blue
Order Type Compare Kotak Securities Zerodha Alice Blue
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 Yes Yes No
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Customer Service Offered

Compare Kotak Securities vs Zerodha vs Alice Blue on Customer Service

Compare Kotak Securities vs Zerodha 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 Zerodha vs Alice Blue
Customer Service Compare Kotak Securities Zerodha 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 Yes Yes
Customer Care Number 1800 209 9191 "+ 91 80 4040 2020" 08035215000/080-45490850
Account Opening Process Online Online/Paperless 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://zerodha.com/varsity/ https://tradeschool.aliceblueonline.com/
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
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://zerodha.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

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

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

Research Reports - Compare Kotak Securities vs Zerodha vs Alice Blue
  Kotak Securities Zerodha 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 No No
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Demat Account

Compare Kotak Securities vs Zerodha vs Alice Blue on Demat Account

Compare Kotak Securities vs Zerodha 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 Zerodha vs Alice Blue
  Kotak Securities Zerodha Alice Blue
DP Source CDSL CDSL CDSL
DP ID 25100 81600 85300
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 pa ₹400 pa
Advance Deposit NA Nil Rs 0
Statutory charges Nil ₹50 Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹8 + ₹5.50 (CDSL Charges) per transaction 0.04% of the value of the transaction
Demat ₹3 per certificate + ₹50 courier charges ₹150 per certificate + ₹100 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹20 ₹20 + CDSL charges
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

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

Compare Kotak Securities vs Zerodha 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 Zerodha vs Alice Blue on Special Offers and Promotion
  Kotak Securities Zerodha Alice Blue
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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 intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for Kotak Securities Enquire for Zerodha Enquire for Alice Blue

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