SBI Securities vs Kotak Securities

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

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

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SBI Securities

Kotak Securities

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Trading Account Opening Fee ₹850 ₹750
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹350 ₹600
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Equity Delivery 0.50% 0.49%
Equity Intraday 0.05% 0.049%
Equity Future 0.05% 0.049%
Equity Options ₹100 per lot ₹300
Currency Futures 0.03% -
Currency Options ₹30 per lot -
Monthly Fee NA NA
Commodity NA 0.07%

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SBICAP Securities Ltd Kotak Securities Ltd
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Transaction Charges (Per Crore)

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

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Equity Delivery NSE ₹386 | BSE ₹384 ₹10,000
Equity Intraday NSE ₹386 | BSE ₹384 ₹2500
Equity Future * NSE ₹221 ₹1000
Equity Options * NSE ₹5515 ₹5000(on Sell trade premium) or 12500 (on options)
Currency Futures * NSE ₹221 NA
Currency Options NSE ₹5515 NA

Other Charges

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

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Minimum Brokerage 5 paisa for Eq Cash | 1 paisa for Eq future 4 paise for delivery,
3 paise for intraday and futures orders
Call & Trade ₹10 per call after first 30 free calls ₹20 per call
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.01% (Minimum ₹21, Maximum ₹300) 0.04% of transaction value (minimum Rs 27)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Trading Platform ODIN, SBISMART web, desktop and desktop 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 Bubble maps. Financial maps Bloom TV on Keat Pro trading Platform
Referral Program No No

Demat Account Charges

Find charges for the best Demat Account for small investors

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Depository Service Provider CDSL & NSDL CDSL & CDSL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Nil

AMC

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹100

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

₹5 per cert + ₹35 courier charges per request

₹3 per certificate plus ₹50 per request

Rematerialisation Charges

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity

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

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

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

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) per ISIN

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

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

0.05% of the value of securities Minimum ₹30

Pledge Creation Confirmation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

0.05% of the value of securities Minimum ₹30

Pledge Invocation Charges

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges

0.04% of the value of securities Minimum ₹30

Failed Instruction Charges

₹10 per failed instruction.

Nil

Other Charges - Charge for Client Master change intimation: ₹25/-

Basic Details

Basic Details of Brokers

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Year of Incorporation 2006 1994
Active Exchange Memberships NSE, BSE NSE, BSE,MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website http://www.sbismart.com http://www.kotaksecurities.com
Contact Details 18002099345 1800222299
Total Number of Clients 2,10,800+ 4,43,400+
Total Number of Branches 117 1128+

Charts and Data

Charts and Data

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Live data source NSE, BSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30 30
No.of charts can be opened 4 5
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 5 days 5 days
End of Day historical data for charts 5 years 5 days
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No Yes
Price Ladder No No

Leverage

Leverage

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

SBICAP Securities Ltd Kotak Securities Ltd
eZ-trade Fixed Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.1,00,000 to Rs.3,00,000 Minimum deposit of Rs 3 lakh (negotiable)

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SBICAP Securities Ltd Kotak Securities Ltd
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