ICICI Direct Vs Kotak Securities
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
ICICI Direct Vs Kotak Securities - Broker Details
ICICI Direct | Kotak Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 1994 |
Exchanges | BSE and NSE. | NSE, BSE, MCX and NCDEX. |
Branches | 250+ | 1449 |
Brokerage | Prime Plan: ₹900/- | ₹20/Order |
Broker Type | Full service Broker | Full service Broker |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Account Opening & AMC Charges
ICICI Direct | Kotak Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹700 (From 2nd Year) | ₹300 for Neo Customers | ₹500/- Yearly |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Brokerage charges & Plans
ICICI Direct | Kotak Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | 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% |
Currency Futures | ₹20/ Order | 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 |
Equity Delivery | ₹0.09% | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/ Order | 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 |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Other Charges
ICICI Direct | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹50/ Order | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | Prime Plan: ₹900/- | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | ₹20/ Order | ₹20/Order or ₹39/Lot |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Transaction Charges
ICICI Direct | Kotak Securities | |
---|---|---|
Currency Options | Exchange turnover charge: 0.04% |Clearing charge: 0.025% | NSE: 0.00095% | BSE: 0.00022% |
Equity Futures | NSE: 0.002% | NSE: 0.002% |
Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.025% (On Sell Trade) |
Equity Options | NSE: 0.053% | NSE: 0.053% on Premium |
Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX |
Currency Futures | Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | NSE: 0.00095% | BSE: 0.00022% |
Equity Delivery | 0.00345% trade on buy & sell | NSE: 0.00345% | BSE: 0.00345% |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Margin (Exposure)
ICICI Direct | Kotak Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Features
ICICI Direct | Kotak Securities | |
---|---|---|
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Review & Rating
ICICI Direct | Kotak Securities | |
---|---|---|
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 |
ICICI Direct Vs Kotak Securities - Request a call back from Broker
ICICI Direct | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Investment Options
ICICI Direct | Kotak Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Order Type
ICICI Direct | Kotak Securities | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Research & Report
ICICI Direct | Kotak Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Daily Market Report
ICICI Direct | Kotak Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Suitable For Investor
ICICI Direct | Kotak Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Pros & Cons
ICICI Direct | Kotak Securities | |
---|---|---|
Pros | 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. | 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. |
Cons | 1. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. | 1. No support for the commodity segment is available. 2. Very high brokerage in dealer assisted brokerage plan. 3. High Equity delivery brokerage charges. |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Background
ICICI Direct | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Compare All Brokers
ICICI Direct | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - STT/CTT
ICICI Direct | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Demat transaction charges
ICICI Direct | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹ 18.5 + Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - GST
ICICI Direct | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - SEBI Charges
ICICI Direct | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Account Opening & AMC Charges
ICICI Direct Vs Kotak Securities
ICICI Direct | Kotak Securities | |
---|---|---|
ICICI Direct Review | Brokerage Charges, Account OpeningWith ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
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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 .. |
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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.
ICICI Direct Vs Kotak Securities - Brokerage charges & Plans
ICICI Direct | Kotak Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | 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% |
Currency Futures | ₹20/ Order | 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 |
Equity Delivery | ₹0.09% | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/ Order | 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 |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Margin (Exposure)
ICICI Direct | Kotak Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
ICICI Direct Vs Kotak Securities - Other Charges
ICICI Direct | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹50/ Order | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | Prime Plan: ₹900/- | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | ₹20/ Order | ₹20/Order or ₹39/Lot |
Call Back Open Account |
ICICI Direct Vs Kotak Securities - STT/CTT
ICICI Direct | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.025% only on sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
Commodity Options | 0.05% on sell side | 0.05% on sell trade |
Call Back Open Account |
ICICI Direct Vs Kotak Securities - Demat transaction charges
ICICI Direct | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) | ₹ 18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
ICICI Direct Vs Kotak Securities - GST
ICICI Direct | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
ICICI Direct Vs Kotak Securities - SEBI Charges
ICICI Direct | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
ICICI Direct Vs Kotak Securities - Features
ICICI Direct | Kotak Securities | |
---|---|---|
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |