Kotak Securities Vs Elite Wealth
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.
Kotak Securities Vs Elite Wealth - Broker Details
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 1449 | N/A |
| Brokerage | ₹20/Order | 0.03% |
| Broker Type | Full service Broker | Full Service Broker |
Kotak Securities Vs Elite Wealth - Account Opening & AMC Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹500/- Yearly | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Kotak Securities Vs Elite Wealth - Brokerage charges & Plans
| Kotak Securities | Elite Wealth | |
|---|---|---|
| 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% | 0.03% |
| 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 | 0.03% |
| Equity Delivery | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% | 0.33% |
| 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 | ₹33 per Lot |
| 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 | 0.03% |
| 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% | 0.03% |
| 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 | ₹33 per Lot |
| Fixed Charges | ₹20/Order | 0.03% |
| Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | 0.03% |
Kotak Securities Vs Elite Wealth - Other Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| 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 | ₹0 (Free) |
| Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | 0.03% |
| Minimum Brokerage | ₹20/Order or ₹39/Lot | 0.03% |
Kotak Securities Vs Elite Wealth - Transaction Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| 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: 0.00195% on Total Turnover value |
| Equity Intraday | 0.025% (On Sell Trade) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | NSE: 0.053% on Premium | NSE: 0.053% on Premium value |
| 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: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| 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: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Kotak Securities Vs Elite Wealth - Margin (Exposure)
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Kotak Securities Vs Elite Wealth - Features
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Kotak Securities Vs Elite Wealth - Review & Rating
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Kotak Securities Vs Elite Wealth - Request a call back from Broker
| Kotak Securities | Elite Wealth | |
|---|---|---|
Kotak Securities Vs Elite Wealth - Investment Options
| Kotak Securities | Elite Wealth | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Kotak Securities Vs Elite Wealth - Order Type
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Kotak Securities Vs Elite Wealth - Research & Report
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Kotak Securities Vs Elite Wealth - Daily Market Report
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Kotak Securities Vs Elite Wealth - Suitable For Investor
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Kotak Securities Vs Elite Wealth - Pros & Cons
| Kotak Securities | Elite Wealth | |
|---|---|---|
| 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. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
Kotak Securities Vs Elite Wealth - Background
| Kotak Securities | Elite Wealth | |
|---|---|---|
Kotak Securities Vs Elite Wealth - Compare All Brokers
| Kotak Securities | Elite Wealth | |
|---|---|---|
Kotak Securities Vs Elite Wealth - STT/CTT
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| 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 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Kotak Securities Vs Elite Wealth - Demat transaction charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | No Charges |
Kotak Securities Vs Elite Wealth - GST
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Kotak Securities Vs Elite Wealth - SEBI Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Kotak Securities Vs Elite Wealth - Account Opening & AMC Charges
Kotak Securities
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹500/- Yearly
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
Kotak Securities Vs Elite Wealth
| Kotak Securities | Elite Wealth | |
|---|---|---|
Kotak Securities Review 2024Kotak 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 "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Kotak Securities Vs Elite Wealth - Brokerage charges & Plans
| Kotak Securities | Elite Wealth | |
|---|---|---|
| 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% | 0.03% |
| 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 | 0.03% |
| Equity Delivery | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% | 0.33% |
| 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 | ₹33 per Lot |
| 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 | 0.03% |
| 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% | 0.03% |
| 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 | ₹33 per Lot |
| Fixed Charges | ₹20/Order | 0.03% |
| Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | 0.03% |
| Call Back Open Account |
Kotak Securities Vs Elite Wealth - Margin (Exposure)
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Kotak Securities Vs Elite Wealth - Other Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| 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 | ₹0 (Free) |
| Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | 0.03% |
| Minimum Brokerage | ₹20/Order or ₹39/Lot | 0.03% |
Kotak Securities Vs Elite Wealth - STT/CTT
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
| 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 % on Sell |
| Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Kotak Securities Vs Elite Wealth - Demat transaction charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | No Charges |
Kotak Securities Vs Elite Wealth - GST
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Kotak Securities Vs Elite Wealth - SEBI Charges
| Kotak Securities | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Kotak Securities Vs Elite Wealth - Features
| Kotak Securities | Elite Wealth | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |