Kotak Securities vs Zerodha Review 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.
Zerodha
Zerodha Review: Right now, Zerodha is the top stock broker. They are thought to be the most transparent
stock broker, have a cheap brokerage fee, and provide a great online trading platform. They
become the fintech firm in India with the quickest growth rate through constant innovation
and improvement. These are Zerodha’s main advantages. For its clients, it has developed a
variety of trading software. These include the online and mobile trading platform Zerodha
Kite, the mutual fund investment platform Coin, the investor education programme Varsity,
the trading Q&A, and numerous other resources. In addition, Zerodha provides the following
platforms: GoldenPi (bond trading), Sensibull (options trading), Streak (algo & strategy
platform), Small case (thematic investment platform), and Ditto (insurance).
| Kotak Securities | Zerodha | |
| Establishment Year | 1994 | 2010 |
| Founder | Jaideep Hansraj | Nithin And Nikhil Kamath |
| Exchange of Membership | BSE, NSE, MCX, NCDEX | NSE, BSE,NCDEX and MCX |
| Broker Type | Full Service | Discount |
| Branches | 154 | 22 |
Kotak Securities vs Zerodha Charges
| Charges | Kotak Securities | Zerodha |
| Trade and Call Charge | Rs. 50 per Call | Additional Rs 20 per executed order |
| Minimum Brokerage Charges | Rs 21 per executed order | 0.02% in Intraday and F&O |
| Other Charges | NA | Physical contact : Rs 20, Trade SMS Alerts: Rs 1 per SMS |
Kotak Securities vs Zerodha Offers
Kotak Securities vs Zerodha Product Provided
| Type | Kotak Securities | Zerodha |
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Options | ||
| Commodity Future | ||
| Mutual Funds | ||
| Foreign stocks | ||
| Banking | ||
| Insurance | ||
| Digital Gold | ||
| Govt. Bonds | ||
| Corporate Bonds | ||
Kotak Securities vs Zerodha Advisory Services Provided
| Type | Kotak securities | Zerodha |
| IPO Service | ||
| Weekly and Monthly Review | ||
| Daily Stock Picks and Stock Tips | ||
| PMS or PCG | ||
| Trading Institution | Yes, Zerodha Varsity | |
| Demat and Trading Service | ||
| Intraday Service | ||
| Share Pledging | ||
| NRI Service | ||
| 3 In 1 Account | ||
| Company and Annual Report | ||
| Stock Recommendation and Research report | ||
Features Of Kotak Securities vs Zerodha
| Features | Kotak Securities | Zerodha |
| Chart | ||
| Automated Trading | ||
| 3 in 1 Account | ||
| Sms Alerts | ||
| Margin Against Shares (Equity Cash) | ||
| Margin Against Shares (Equity F&O) | ||
| Online Portfolio | ||
| Online Demo | ||
| Intraday Square-Off Time | 3:50 PM | Currency: 4:45 PM | Commodities: 25 min before close and Eq Cash: 3:15 PM | Eq , ,F&O : 3:25 PM |
| Global Indices | ||
| Real Time Update | ||
| Stock Tips | ||
| Multi Profile Management | ||
| Interactive Charts | ||
| Customised Recommendation | ||
| Online MF Buy | ||
Kotak Securities vs Zerodha 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, . While Zerodha has no annual maintenance cost (AMC) for trading accounts, but charges a ₹300+GST yearly fee for DEMAT accounts. Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service .
| Charges | Kotak Securities | Zerodha |
| Demat Account Opening Charges | Rs.0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 600 | Rs 300 |
| Trading Account Opening Charges | Rs. 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
Kotak Securities vs Zerodha Brokerage Charges
Kotak Securities trading account opening fees are zero (free) , whereas Zerodha costs Rs 20 per completed transaction or 0.02%, whichever is lesser. Below the table shows brokerage charges of both the platforms.
| Brokerage Charges | Kotak Securities | Zerodha |
| Brokerage Plan | Trade Free plan | Flat Brokerage |
| Equity Delivery | 0.25% or Rs.20 (whichever is higher) | 0.32% of Transaction Value |
| Equity Intraday | Free | Rs 20 per executed order or 0.02% whichever is lesser |
| Equity Option | Rs.20 per Trade | Rs 20 per executed plan/order |
| Equity Future | Rs.20 per Trade | Rs 20 per executed plan/ order or .03% whichever is lesser |
| Currency Option | Rs. 20 per Trade | Rs 20 per executed plan/order |
| Currency Future | Rs. 20 per Trade | Rs 20 per executed plan/order or .03% whichever is lesser |
| Commodity Option | Rs. 20 per Trade | Rs 20 per executed plan/order |
| Commodity Future | Rs. 20 per Trade | Rs 20 per executed plan/ order or .03% whichever is lesser |
Kotak Securities vs Zerodha Leverage (Margin)
The Kotak Securities margin for intraday trading is up to 20% of the transaction value (5x
leverage) based on the stock, whereas Zerodha 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 Zerodha Pros And Cons
Pros:
| Kotak Securities | Zerodha |
| 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)India’s leading broker interms of active clients,trading volume, andbrokerage revenue. Safe,dependable, and the mosttechnologically advancedbroker in India. 2)People under the age of25 can establish anaccount for free. 3)For all other categories,a flat brokerage fee of Rs20 per trade. Great freetrading platforms (Kite)are offered. 4)It is possible to investdirectly in mutual funds. 5)Orders that are GoodUntil Triggered (GTT) areaccessible. GTC ordersare comparable to these. 6)basic flat-fee brokerageservices on all exchangesand divisions (MCX, NSE,BSE). Trades involvingfree equity distribution.Orders usingCash-N-Carry incur nobrokerage fees. 7)NRI can open tradingaccount. |
Cons:
| Kotak Securities | Zerodha |
| 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)It doesn’t offer research,recommendations, or stocksuggestions. 2 Each order incurs anadditional Rs 50 for Call &Trade. 3)There is also a 3-in-1account not available. Thereare no monthly unlimitedtrading subscriptionsavailable. 4)AMC Free Demataccounts are not providedby it. No margin financing. 5)An additional Rs 50 is paidfor each order for autosquare off. |
Complaints Of Kotak Securities vs Zerodha
Data from 2024 reveals that Kotak Securities had more customer complaints than Zerodha when
comparing the two companies. In particular, Kotak Securities received 435 complaints and resolved
365 whereas Zerodha received 554 complaints and resolved 365. This shows that Zerodha performs better in terms of customer service than Kotak Securities. as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.
| Complaints | Kotak Securities | Zerodha |
| Total Complaints Lodged | 435 | 339 |
| Total Complaints Resolved | 365 | 307 |
| % Of Total Complaints Resolved | 83.60 % | 90.56% |
| Non Actionable Complaints | 21 | 20 |
| % Of Non Actionable Complaints | 5 % | 9.90% |
Kotak Securities vs Zerodha 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.
| Transaction Charges | Kotak Securities | Zerodha |
| Equity Delivery | 0.00335% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) &0.00375% (BSE) |
| Equity Intraday | 0.00335% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (BSE) |
| Equity Option | 0.0505% (on premium) | 0.05% (on premium) |
| Equity Future | 0.002% (NSE & BSE) | 0.0019% (NSE & BSE) |
| Currency Option | 0.037% (NSE) & 0.001% (BSE) | 0.035% (NSE) & 0.001% (BSE) |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | 0.0009% (NSE) & 0.00025% (BSE) |
| Commodity Option | 0.05% (Non Agri) | 0.05% (Non Agri) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
Review Comparison Of Kotak Securities vs Zerodha By Customer
CICI direct is rated 3.3 of 5 , whereas Angel One is rated 3.4 of 5
| Rating | Kotak Securites | Zerodha |
| Brokerage | 7.5/10 | 6/10 |
| Customers Service | 6.5/10 | 6.5/10 |
| Fees | 8/10 | 8.5/10 |
| Trading Platform | 7.5/10 | 6/10 |
| Research | 7/10 | 7/10 |
| Broker Rating | 6.5/10 | 6.5/10 |
| Overall Rating | 7/10 | 6/10 |
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.Zerodha is praised for its low-cost architecture, intuitive user interface, and cutting-edge technologies like the Kite platform. It is especially appealing to traders who are tech-savvy yet cost-conscious. Though both sites are trustworthy and regulated, the decision comes down to personal preferences: Zerodha offers affordable costs and cutting-edge technology. Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.
Customer Care Number/Email
Kotak Securities: 1800-209-9191
Zerodha: (080 4718 1888) or (080 4718 1999) .
Client can contact this number for clearing your doubt.
Kotak Securities Support Email: service.securities@kotak.com
Zerodha Support Email: support@zerodha.com
Client can contact on this email for clearing your doubt.
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