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Comparision (Kotak Securities VS Upstox)

 

Kotak Securities Vs Upstox

Kotak Securities
Kotak securities is a full service Broker. KOTAK securities Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Kotak Securities Vs Upstox - Broker Details

Kotak Securities Upstox
Single Margin Facility
Year of Incorporation 1994 2009
Exchanges NSE, BSE, MCX and NCDEX. BSE, NSE and MCX
Branches 1449 Zero
Brokerage ₹20/Order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full service Broker Discount Broker

Kotak Securities Vs Upstox - Account Opening & AMC Charges

Kotak Securities Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹500/- Yearly ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Kotak Securities Vs Upstox - Brokerage charges & Plans

Kotak Securities Upstox
Commodity Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order
Commodity Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order
Equity Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot ₹20/ Order
Fixed Charges ₹20/Order ₹20/ Order
Equity Intraday Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot ₹20/ Order or 0.05% (whichever is lower)

Kotak Securities Vs Upstox - Other Charges

Kotak Securities Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call (₹50 + GST)
Other Brokerage Charges Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/Order or ₹39/Lot ₹20/ Order

Kotak Securities Vs Upstox - Transaction Charges

Kotak Securities Upstox
Currency Options NSE: 0.00095% | BSE: 0.00022% NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE: 0.002% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday 0.025% (On Sell Trade) NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE: 0.053% on Premium NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE: 0.00095% | BSE: 0.00022% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE: 0.00345% | BSE: 0.00345% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Kotak Securities Vs Upstox - Margin (Exposure)

Kotak Securities Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Kotak Securities Vs Upstox - Features

Kotak Securities Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund

Kotak Securities Vs Upstox - Review & Rating

Kotak Securities Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Kotak Securities Vs Upstox - Request a call back from Broker

Kotak Securities Upstox

Kotak Securities Vs Upstox - Investment Options

Kotak Securities Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Kotak Securities Vs Upstox - Order Type

Kotak Securities Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Kotak Securities Vs Upstox - Research & Report

Kotak Securities Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Kotak Securities Vs Upstox - Daily Market Report

Kotak Securities Upstox
Daily Market Reports & News

Kotak Securities Vs Upstox - Suitable For Investor

Kotak Securities Upstox
Casual Investor
Active Investor
Trader

Kotak Securities Vs Upstox - Pros & Cons

Kotak Securities Upstox
Pros 1. It facilitates its customers with the 3 in 1 demat account that helps in fluent transfer of funds within the accounts. 2. Most of the investment areas can easily be found on the same platform. 3. It has a special provision for the traders having bad or slow internet connection. 4. It has excellent trading platforms. 5. It provides excellent customer service and support by an online chat facility. 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
Cons 1. No support for the commodity segment is available. 2. Very high brokerage in dealer assisted brokerage plan. 3. High Equity delivery brokerage charges. 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.

Kotak Securities Vs Upstox - Background

Kotak Securities Upstox

Kotak Securities Vs Upstox - Compare All Brokers

Kotak Securities Upstox

Kotak Securities Vs Upstox - STT/CTT

Kotak Securities Upstox
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade 0.05% on sell trade

Kotak Securities Vs Upstox - Demat transaction charges

Kotak Securities Upstox
Equity Demat Transaction Charges ₹ 18.5 + Gst per scrip per day only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Kotak Securities Vs Upstox - GST

Kotak Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Kotak Securities Vs Upstox - SEBI Charges

Kotak Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Kotak Securities Vs Upstox - Account Opening & AMC Charges

Kotak Securities
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹500/- Yearly
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Kotak Securities Vs Upstox

Kotak Securities Upstox
 

Kotak Securities Review 2024

Kotak Securities Limited was established in the year 1994. It provides various stock broking service and distributes various financial products in India. The company is famous for its out of the box ideas over the past years. In other words, they are well-known and well-respected full-service brokerage firm. Kotak securities comp ..
+ " Vs "+ Upstox
Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Kotak Securities Vs Upstox - Brokerage charges & Plans

Kotak Securities Upstox
Commodity Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% ₹20/ Order or 2.5% (whichever is lower)
Equity Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order
Commodity Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order
Equity Futures Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% ₹20/ Order or 0.05% (whichever is lower)
Currency Options Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot ₹20/ Order
Fixed Charges ₹20/Order ₹20/ Order
Equity Intraday Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Kotak Securities Vs Upstox - Margin (Exposure)

Kotak Securities Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Kotak Securities Vs Upstox - Other Charges

Kotak Securities Upstox
RMS Square Off Charge ₹0 (Free) (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call (₹50 + GST)
Other Brokerage Charges Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/Order or ₹39/Lot ₹20/ Order

Kotak Securities Vs Upstox - STT/CTT

Kotak Securities Upstox
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade 0.05% on sell trade

Kotak Securities Vs Upstox - Demat transaction charges

Kotak Securities Upstox
Equity Demat Transaction Charges ₹ 18.5 + Gst per scrip per day only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Kotak Securities Vs Upstox - GST

Kotak Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Kotak Securities Vs Upstox - SEBI Charges

Kotak Securities Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Kotak Securities Vs Upstox - Features

Kotak Securities Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Kotak Securities

Upstox