Kotak Securities Vs Definedge Securities
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.
Definedge Securities
Kotak Securities Vs Definedge Securities - Broker Details
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX. |
| Branches | 1449 | 270 |
| Brokerage | ₹20/Order | ₹18 per executed order |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Account Opening & AMC Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹500/- Yearly | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Brokerage charges & Plans
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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% or ₹18 per executed order 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 | 0.03% or ₹18 per executed order 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% | ₹0 (Free) |
| 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 | ₹18 per executed 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 | ₹18 per executed 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% | 0.03% or ₹18 per executed order 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 | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Other Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 | ₹36/- per order |
| Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order or ₹39/Lot | ₹18 per executed order |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Transaction Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Currency Options | NSE: 0.00095% | BSE: 0.00022% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.025% (On Sell Trade) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.053% on Premium | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: 0.00095% | BSE: 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Margin (Exposure)
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Features
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Review & Rating
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Request a call back from Broker
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Investment Options
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Order Type
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Research & Report
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Daily Market Report
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Suitable For Investor
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Pros & Cons
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Background
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Compare All Brokers
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - STT/CTT
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Demat transaction charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - GST
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - SEBI Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Account Opening & AMC Charges
Kotak Securities
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹500/- Yearly
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Kotak Securities Vs Definedge Securities
| Kotak Securities | Definedge Securities | |
|---|---|---|
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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Kotak Securities Vs Definedge Securities - Brokerage charges & Plans
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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% or ₹18 per executed order 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 | 0.03% or ₹18 per executed order 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% | ₹0 (Free) |
| 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 | ₹18 per executed 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 | ₹18 per executed 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% | 0.03% or ₹18 per executed order 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 | ₹18 per executed order |
| Fixed Charges | ₹20/Order | ₹18 per executed order |
| Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Margin (Exposure)
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Other Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 | ₹36/- per order |
| Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹18 per executed order |
| Minimum Brokerage | ₹20/Order or ₹39/Lot | ₹18 per executed order |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - STT/CTT
| Kotak Securities | Definedge Securities | |
|---|---|---|
| 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 the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Demat transaction charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - GST
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - SEBI Charges
| Kotak Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Kotak Securities Vs Definedge Securities - Features
| Kotak Securities | Definedge 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:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account |