ICICIDirect vs Kotak Securities

ICICIDirect vs Kotak Securities - side-by-side comparison . Compare ICICIDirect vs Kotak Securities brokerage, charges, exposure margin, demat account. Read ICICIDirect vs Kotak Securities review.

Detailed comparison ICICIDirect vs Kotak Securities and find out which is better in ICICIDirect vs Kotak Securities .

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ICICIDirect

Kotak Securities

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Trading Account Opening Fee ₹975 ₹750
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹600
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Equity Delivery 0.75% to 0.25% 0.49%
Equity Intraday 0.75% to 0.25% 0.049%
Equity Future 0.05% to 0.03% 0.049%
Equity Options ₹95 to ₹65 per lot ₹300
Currency Futures 0.05% to 0.03% -
Currency Options 0.25 to ₹65 per lot -
Monthly Fee NA NA
Commodity NA 0.07%

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ICICI Securities Pvt Ltd. Kotak Securities Ltd
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Equity Delivery NSE ₹310 | BSE ₹280 ₹10,000
Equity Intraday NSE ₹310 | BSE ₹280 ₹2500
Equity Future * ₹180 ₹1000
Equity Options * ₹5000 ₹5000(on Sell trade premium) or 12500 (on options)
Currency Futures * ₹120 NA
Currency Options ₹5000 NA

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Minimum Brokerage ₹35 per trade 4 paise for delivery,
3 paise for intraday and futures orders
Call & Trade Rs 25 per call (20 calls free in a month) ₹20 per call
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) 0.04% of transaction value (minimum Rs 27)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App KEATProX, FASTLANE
Placing orders through charts No No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Bullet Trading, Can trade in 32 exchanges through Saxo Trader Bloom TV on Keat Pro trading Platform
Referral Program No No

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Depository Service Provider CDSL and NSDL CDSL & CDSL
Account Opening Fee

₹0

Nil

Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Dematerialisation Charges

₹50 Per Demat Request Form and ₹3 For Each Certificates

₹3 per certificate plus ₹50 per request

Rematerialisation Charges

₹25 + CDSL charges at actual

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Transaction Charges (Credit) - -
Transaction Charges (debit)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Pledge Creation Charges

0.02% or minimum of ₹50

0.05% of the value of securities Minimum ₹30

Pledge Creation Confirmation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

0.05% of the value of securities Minimum ₹30

Pledge Invocation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

0.04% of the value of securities Minimum ₹30

Failed Instruction Charges

₹30

Nil

Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

Charge for Client Master change intimation: ₹25/-

Basic Details

Basic Details of Brokers

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Year of Incorporation 1995 1994
Active Exchange Memberships NSE, BSE NSE, BSE,MCX
Demat Services NSDL & CDSL NSDL & CDSL
Website http://www.icicidirect.com http://www.kotaksecurities.com
Contact Details 020-28307700 1800222299
Total Number of Clients 8,78,884 4,43,400+
Total Number of Branches 200+ 1128+

Charts and Data

Charts and Data

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 82 30
No.of charts can be opened 6 5
Live Scanners Yes Yes
Customizable screeners No No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 20 days 5 days
End of Day historical data for charts 10 years 5 days
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics Yes Yes
Price Ladder No No

Leverage

Leverage

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures NA -
Currency Options NA -
Commodity Futures NA -
Commodity Options NA -

Orders

Orders

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) No Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Saver Plan Fixed Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.2,00,000 Minimum deposit of Rs 3 lakh (negotiable)

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ICICI Securities Pvt Ltd. Kotak Securities Ltd
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