Kotak Securities Vs Upstox
Kotak Securities
KOTAK securities is a full service Broker. KOTAK securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Kotak Securities Vs Upstox - Broker Details
Kotak Securities | Upstox | |
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Single Margin Facility | NO | |
Year of Incorporation | 1994 | 2012 |
Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE and MCX |
Branches | 1449 | 45 |
Brokerage | 0.049% (Both Side) | Rs.20/Order or 0.05% |
Broker Type | Full service Broker | Discount Broker |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Account Opening & AMC Charges
Kotak Securities | Upstox | |
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Trading Account Opening Charge | Rs.750 | Rs.249 |
Demat Account Opening Charge | Rs.0 (Free) | ₹0 (Free) |
Demat Account AMC | Rs.600/yearly | Rs.300/yearly |
Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Brokerage charges & Plans
Kotak Securities | Upstox | |
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Commodity Futures | 0.07% | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | 0.04% or Rs.20 per lot | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | 0.49% | Zero brokerage |
Equity Options | Rs.300 per lot | Flat Rs. 20 per executed order. |
Commodity Options | NA | Flat Rs. 20 per executed order. |
Equity Futures | 0.049% (Both Side) | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | Rs.20 to Rs.7.5 per lot | Flat Rs. 20 per executed order. |
Fixed Charges | 0.49% | Rs. 20/Order |
Equity Intraday | 0.049% (Both Side) | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Other Charges
Kotak Securities | Upstox | |
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RMS Square Off Charge | Zero | Rs. 20 per order+ GST |
API Charges | Does not provide API | ₹ 750 * per month |
Call & Trade Charges | Rs. 20/- per call. Call & Trade free for first 20 calls. From the 21st call, you pay Rs. 15/- per call. | Rs. 20 per order+ GST |
Other Brokerage Charges | Rs.20 per lot | Rs.20/Order or 0.05% |
Minimum Brokerage | 0.049% (Both Side) | Rs.20/order |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Transaction Charges
Kotak Securities | Upstox | |
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Currency Options | NA | NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% |
Equity Futures | 0.01% (On Sell Trade) | NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% |
Equity Intraday | 0.025% (On Sell Trade) | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Equity Options | 0.05% (On Sell trade Premium) or 0.125% (On Options) | NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% |
Commodity | 0.01% on sell side | Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% |
Currency Futures | NA | NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004% |
Equity Delivery | 0.1% (Buy and Sell) | NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Margin (Exposure)
Kotak Securities | Upstox | |
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Equity Options | Option Sell: Basic: 3x | Priority: 4x | | |
Equity Intraday | Up to 20 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Basic: 3x | Priority: 4x | |
Commodity Options | 2 times | |
Commodity Futures | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x | |
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | ||
Equity Delivery | Margin of 10 times | No extra margins provided |
Currency Futures | 10 times leverage | Basic:3x | Priority:4x | |
Equity Futures | 5 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Features
Kotak Securities | Upstox | |
---|---|---|
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 | 3:15 pm | 3:15 |
Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, Website | 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator. |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Review & Rating
Kotak Securities | Upstox | |
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Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Upstox is rated 3.9 of 5 | |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Request a call back from Broker
Kotak Securities | Upstox | |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Investment Options
Kotak Securities | Upstox | |
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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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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Order Type
Kotak Securities | Upstox | |
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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 |
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After Market Order(AMO) |
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STBT |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Research & Report
Kotak Securities | Upstox | |
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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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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Daily Market Report
Kotak Securities | Upstox | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Suitable For Investor
Kotak Securities | Upstox | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Pros & Cons
Kotak Securities | Upstox | |
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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. | • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package. |
Cons | 1. No support for the commodity segment is available. 2. It charges high brokerage as compared to the other full-service brokers | • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades. |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Background
Kotak Securities | Upstox | |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Compare All Brokers
Kotak Securities | Upstox | |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Account Opening & AMC Charges
Kotak Securities Vs Upstox
Kotak Securities | Upstox | |
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Kotak Securities NRI Account Opening ReviewThe Kotak Securities Limited was a subsidiary of Mahindra Bank that was founded in the year 1994. They provide 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. The company .. + " Vs "+ Upstox |
Upstox NRI Account OpeningUpstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs. NRI Trading Account |
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Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Kotak Securities Vs Upstox - Brokerage charges & Plans
Kotak Securities | Upstox | |
---|---|---|
Commodity Futures | 0.07% | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Futures | 0.04% or Rs.20 per lot | Rs. 20 per executed order or 0.05% (whichever is lower) |
Equity Delivery | 0.49% | Zero brokerage |
Equity Options | Rs.300 per lot | Flat Rs. 20 per executed order. |
Commodity Options | NA | Flat Rs. 20 per executed order. |
Equity Futures | 0.049% (Both Side) | Rs. 20 per executed order or 0.05% (whichever is lower) |
Currency Options | Rs.20 to Rs.7.5 per lot | Flat Rs. 20 per executed order. |
Fixed Charges | 0.49% | Rs. 20/Order |
Equity Intraday | 0.049% (Both Side) | Rs. 20 per executed order or 0.05% (whichever is lower) |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Margin (Exposure)
Kotak Securities | Upstox | |
---|---|---|
Equity Options | Option Sell: Basic: 3x | Priority: 4x | | |
Equity Intraday | Up to 20 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Currency Options | Basic: 3x | Priority: 4x | |
Commodity Options | 2 times | |
Commodity Futures | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x | |
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x | ||
Equity Delivery | Margin of 10 times | No extra margins provided |
Currency Futures | 10 times leverage | Basic:3x | Priority:4x | |
Equity Futures | 5 times | Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Other Charges
Kotak Securities | Upstox | |
---|---|---|
RMS Square Off Charge | Zero | Rs. 20 per order+ GST |
API Charges | Does not provide API | ₹ 750 * per month |
Call & Trade Charges | Rs. 20/- per call. Call & Trade free for first 20 calls. From the 21st call, you pay Rs. 15/- per call. | Rs. 20 per order+ GST |
Other Brokerage Charges | Rs.20 per lot | Rs.20/Order or 0.05% |
Minimum Brokerage | 0.049% (Both Side) | Rs.20/order |
Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |
Kotak Securities Vs Upstox - Features
Kotak Securities | Upstox | |
---|---|---|
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 | 3:15 pm | 3:15 |
Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, Website | 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator. |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Kotak Securities Open Account | Enquiry with Upstox Open Account |