Kotak Securities vs Angel One 2024 | Which Is Better .
|Kotak Securities vs Angel One
Kotak Securities, founded in 1994, is a full-service broker, It offers trading on the BSE, NSE, MCX, NCDEX. It operates 154 branches across India. Full Service Broker Angel One was founded in 1987. It provides trading on the The National Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its branches in India
Kotak Securities
Kotak Securities Ltd, founded in 1994, is a full-service stock broker that provides a 3-in-1 account (Bank + Trading + Demat Account) to individual investors in India. It provides investing opportunities in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services like Research SMS, margin trading, depository services, and third-party products such as insurance. The company also offers direct access to the US market.
Kotak Securities is a division of Kotak Mahindra bank. In India, It provides a full-service stock broker regular investors with a 3-in-1 account (bank, trading, and demat). It provides investments in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services such as Research SMS, margin trading, depository services, and third-party products like insurance.
Angel One
Angel One Review: A full-service retail broker with online discount brokerage services,is one of the biggest in India and was founded in 1987. In addition to stock and commoditiesbroking, margin finance, loans secured by shares, and distribution of financial goods, thecompany provides a comprehensive variety of trading and investing services. With morethan 19,000 authorised individuals, 110 branches, and 10,000 trade terminals spread acrossmore than 1700 cities, Angel One has a significant local presence.
Kotak Securities | Angel One | |
Establishment Year | 1994 | 1987 |
Founder | Jaideep Hansraj | Dinesh Thakkar |
Exchange of Membership | BSE, NSE, MCX, NCDEX | MCX, NCDEX and BSE ,NSE. |
Broker Type | Full Service | Full Service |
Branches | 154 | 900 |
Kotak Securities vs Angel One Charges
Charges | Kotak Securities | Angel One |
Trade and Call Charge | Rs. 50 per Call | Additional Rs 20 per executed order |
Minimum Brokerage Charges | Rs 21 per executed order | Equity Rs 20 or 0.03% | F&O Rs 20 |
Kotak Securities vs Angel One Offers
Kotak Securities vs Angel One Product Provided
Kotak Securities vs Angel One Advisory Services Provided
Features Of Kotak Securities vs Angel One
Kotak Securities vs Angel One Demat And AMC Charges
Kotak Securities trading account opening fees are zero (free), But SBI Securities account opening fees are Rs 850. Kotak Securities Demat Account AMC Charges are Rs 600, . Angel One, renowned for its affordable brokerage fees and intuitive interfaces,provides competitive trading and DEMAT account services. The DEMAT account hasan annual maintenance fee of ₹240, however account opening is free. 20% of thecompleted order, or ₹20, is the brokerage, whichever is less. Although somecustomers praise its research and advice services, there are occasionally technicalproblems with the trading software.
Charges | Kotak Securities | Angel One |
Demat Account Opening Charges | Rs.0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 600 | Rs 240 on 2nd year onwords |
Trading Account Opening Charges | Rs. 0 (Free) | Rs 0 (Free) |
Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Kotak Securities vs Angel One Brokerage Charges
Kotak Securities trading account opening fees are zero (free) , Kotak Securities Demat Account AMC Charges are Rs 600, whereas Angel One charges no brokerage fees for stock On Delivery. Below the table shows brokerage charges of both the platforms.
Kotak Securities vs Angel One Leverage (Margin)
The Kotak Securities margin for intraday trading is up to 20% of the transaction value (5x
leverage) based on the stock, whereas Angel One offers up to 20% of the trade value (5x leverage) for intraday cash transactions, . Below the table shows leverage margin of both platform.
Kotak Securities vs Angel One Pros And Cons
Pros:
Kotak Securities | Angel One |
1)Online trading strategiesallow for brokerage-freeintraday trading. 2) Investors under the age of 30receive no broking fees acrossall sectors. 3) The company is part of arenowned private bank (KotakMahindra Bank. 4) The NEST trading platform isprovided to frequent traders. 5) Kotak Securities is abank-based broker thatprovides a three-in-one account. Online tradingstrategies allow forbrokerage-free intraday trading. | 1)The brokerage fee is Rs 20 per trade in intraday and F&O. 2)Equity delivery trades with brokerage fees. 3)Free trading advice and research reports. 4) Securities are provided for collateral and there is a margin trading facility. 5)Don’t impose fees on NEFT or money transfers. (Some charge about Rs. 10 each 6)RM/local subbroker services available even at bargain brokerages. 7)Ability to contact RM in case of problems (Other well-known brokers). 8) Charges just Rs 20 for intraday square-off and call and trade (others charge Rs 50). Others do not provide free stock and mutual fund advice or ideas . |
Cons:
Kotak Securities | Angel One |
1)Kotak Securities’ website andmobile app are not as good asnew-age brokers like Zerodhaand Upstox. 2) High equity delivery broking fees. 3) High AMC changes (Rs 66 each month). 4) The margin-funding facilitycauses misunderstandingamong investors, who end uppaying large interest costsunwittingly. 5) The customer is required topay a yearly plan membershipcharge of Rs 499. Broking isextremely high in thedealer-assisted brokingscheme. | 1)The trading of SME shares is not provided viaangel broking. 2)The sales staff and Angel RM attempt tocross-sell additional goods and services. 3)There is no GTC/GTT order facility available.not available as a 3-in-1 account. |
Complaints Of Kotak Securities vs Angel One
Data from 2024 reveals that Angel One had more customer complaints than Kotak Securities when
comparing the two companies. In particular, Kotak Securities received 435 complaints and resolved
335 whereas Angel One received 554 complaints and resolved 365. This shows that
Kotak Securities performs better in terms of customer service than Angel One. as seen by the fact
that it has a higher complaint resolution rate and fewer complaints overall.
Kotak Securities vs Angel One Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
Review Comparison Of Kotak Securities vs Angel one By Customer
CICI direct is rated 3.3 of 5 , whereas Angel One is rated 3.4 of 5
Rating | Kotak Securites | Angel One |
Brokerage | 7.5/10 | 6/10 |
Customers Service | 6.5/10 | 8/10 |
Fees | 8.5/10 | 8.5/10 |
Trading Platform | 7.5/10 | 7/10 |
Research | 7/10 | 7.5/10 |
Broker Rating | 6.5/10 | 7/10 |
Overall Rating | 7/10 | 8.5/10 |
Conclusion: Kotak Securities provide strong trading platforms with distinct advantages. Kotak Securities is well-known for its advanced trading tools, research papers, and customer care. Its mobile app is both easy to use and full of features. However, broking fees tend to be greater.Angel One is well-known for providing both novice and seasoned traders with a wealth of research tools, individualised advising services, and a robust
offline presence. Conversely, Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust.
Customer Care Number/Email
Kotak Securities: 1800-209-9191
Angel One: (1800 1020)
Client can contact this number for clearing your doubt.
Kotak Securities Support Email: service.securities@kotak.com
Angel One Support Email: support@angelone.in
Client can contact on this email for clearing your doubt.