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Comparision (Upstox VS Kotak Securities)

Upstox Vs Kotak Securities

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
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.

Upstox Vs Kotak Securities - Broker Details

Upstox Kotak Securities
Single Margin Facility NO
Year of Incorporation 2012 1994
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX.
Branches 45 1449
Brokerage Rs.20/Order or 0.05% 0.049% (Both Side)
Broker Type Discount Broker Full service Broker
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Upstox Vs Kotak Securities - Account Opening & AMC Charges

Upstox Kotak Securities
Trading Account Opening Charge Rs.249 Rs.750
Demat Account Opening Charge ₹0 (Free) Rs.0 (Free)
Demat Account AMC Rs.300/yearly Rs.600/yearly
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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Upstox Vs Kotak Securities - Brokerage charges & Plans

Upstox Kotak Securities
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.07%
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04% or Rs.20 per lot
Equity Delivery Zero brokerage 0.49%
Equity Options Flat Rs. 20 per executed order. Rs.300 per lot
Commodity Options Flat Rs. 20 per executed order. NA
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.049% (Both Side)
Currency Options Flat Rs. 20 per executed order. Rs.20 to Rs.7.5 per lot
Fixed Charges Rs. 20/Order 0.49%
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.049% (Both Side)
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Upstox Vs Kotak Securities - Other Charges

Upstox Kotak Securities
RMS Square Off Charge Rs. 20 per order+ GST Zero
API Charges ₹ 750 * per month Does not provide API
Call & Trade Charges Rs. 20 per order+ GST Rs. 20/- per call. Call & Trade free for first 20 calls. From the 21st call, you pay Rs. 15/- per call.
Other Brokerage Charges Rs.20/Order or 0.05% Rs.20 per lot
Minimum Brokerage Rs.20/order 0.049% (Both Side)
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Upstox Vs Kotak Securities - Transaction Charges

Upstox Kotak Securities
Currency Options NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NA
Equity Futures NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002% 0.01% (On Sell Trade)
Equity Intraday NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group 0.025% (On Sell Trade)
Equity Options NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005% 0.05% (On Sell trade Premium) or 0.125% (On Options)
Commodity Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005% 0.01% on sell side
Currency Futures NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004% NA
Equity Delivery NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group 0.1% (Buy and Sell)
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Upstox Vs Kotak Securities - Margin (Exposure)

Upstox Kotak Securities
Equity Options Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 20 times
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 No extra margins provided Margin of 10 times
Currency Futures Basic:3x | Priority:4x | 10 times leverage
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x 5 times
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Upstox Vs Kotak Securities - Features

Upstox 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 3:15 3:15 pm
Trading Platform 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. KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, Website
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs Kotak Securities - Review & Rating

Upstox Kotak Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Upstox is rated 3.9 of 5
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Upstox Vs Kotak Securities - Request a call back from Broker

Upstox Kotak Securities
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Upstox Vs Kotak Securities - Investment Options

Upstox Kotak Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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Upstox Vs Kotak Securities - Order Type

Upstox Kotak Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Upstox Vs Kotak Securities - Research & Report

Upstox Kotak Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Upstox Vs Kotak Securities - Daily Market Report

Upstox Kotak Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Upstox Vs Kotak Securities - Suitable For Investor

Upstox Kotak Securities
Casual Investor
Active Investor
Trader
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Upstox Vs Kotak Securities - Pros & Cons

Upstox Kotak Securities
Pros • 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. 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 • 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. 1. No support for the commodity segment is available. 2. It charges high brokerage as compared to the other full-service brokers
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Upstox Vs Kotak Securities - Background

Upstox Kotak Securities
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Upstox Vs Kotak Securities - Compare All Brokers

Upstox Kotak Securities
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Upstox Vs Kotak Securities - Account Opening & AMC Charges

Upstox
Kotak Securities
Trading Account Opening Charge
Rs.249
Rs.750
Demat Account Opening Charge
₹0 (Free)
Rs.0 (Free)
Demat Account AMC
Rs.300/yearly
Rs.600/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

Upstox Vs Kotak Securities

Upstox Kotak Securities
 

Upstox NRI Account Opening, Charges, Services Review

Upstox 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 + " Vs "+ Kotak Securities

Kotak Securities NRI Account Opening, Charges, Services Review

The 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 ..
 
 

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.

Upstox Vs Kotak Securities - Brokerage charges & Plans

Upstox Kotak Securities
Commodity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.07%
Currency Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.04% or Rs.20 per lot
Equity Delivery Zero brokerage 0.49%
Equity Options Flat Rs. 20 per executed order. Rs.300 per lot
Commodity Options Flat Rs. 20 per executed order. NA
Equity Futures Rs. 20 per executed order or 0.05% (whichever is lower) 0.049% (Both Side)
Currency Options Flat Rs. 20 per executed order. Rs.20 to Rs.7.5 per lot
Fixed Charges Rs. 20/Order 0.49%
Equity Intraday Rs. 20 per executed order or 0.05% (whichever is lower) 0.049% (Both Side)
Enquiry with Upstox   Open Account Enquiry with Kotak Securities   Open Account

Upstox Vs Kotak Securities - Margin (Exposure)

Upstox Kotak Securities
Equity Options Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x Up to 20 times
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 No extra margins provided Margin of 10 times
Currency Futures Basic:3x | Priority:4x | 10 times leverage
Equity Futures Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x 5 times
Enquiry with Upstox   Open Account Enquiry with Kotak Securities   Open Account

Upstox Vs Kotak Securities - Other Charges

Upstox Kotak Securities
RMS Square Off Charge Rs. 20 per order+ GST Zero
API Charges ₹ 750 * per month Does not provide API
Call & Trade Charges Rs. 20 per order+ GST Rs. 20/- per call. Call & Trade free for first 20 calls. From the 21st call, you pay Rs. 15/- per call.
Other Brokerage Charges Rs.20/Order or 0.05% Rs.20 per lot
Minimum Brokerage Rs.20/order 0.049% (Both Side)
Enquiry with Upstox   Open Account Enquiry with Kotak Securities   Open Account

Upstox Vs Kotak Securities - Features

Upstox 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 3:15 3:15 pm
Trading Platform 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. KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, Website
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Upstox   Open Account Enquiry with Kotak Securities   Open Account