AxisDirect vs Kotak Securities Comparison: 2024

About AxisDirect

It is the lineage of the Axis group and a subsidiary of India's third largest private sector bank. Axis direct provides a wide spectrum of investment and trading solutions to over 20 million clients. It won the title of Top Equity broker two years in a row  2018-19 by the BSE outlook. It allows trade via BSE, NSE, MCX and NCDEX exchange.

Axis Direct: Overview

The Mumbai-based subsidiary was started in 2011 by key people of the Axis group, B. Gopkumar (MD) and Anand Shaha (ED). It offers various financial products to its consumers like Mutual funds, SIP, Equity derivatives, IPO, ETFs, Tax Saving , Fixed income etc. With the motto and tagline of #SimpleHai Axis Direct aims to become a key player in the retails broking industry. They are a full-service broker firm  with over 75 branches across India.

In addition to this, Axis direct provides the 3-in-1 account facility which

About Kotak Securities

Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.

With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.

Kotak Securities: An Overview of the Stock Broker

Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well

AxisDirect vs Kotak Securities Account Opening Charges: 2024

ChargeAxisDirectKotak Securities
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹999 (For a 3-in-1 Account)₹750
Trading Account AMC₹0₹0
Demat Account AMC₹650 per year (free for 1st year)₹600 per year

AxisDirect vs Kotak Securities Brokerage Charges and Plans : 2024

ChargeAxisDirectKotak Securities
Plan NameN/AFixed Brokerage Plan
Equity Delivery0.50%0.49%
Equity Intraday0.05%0.049% (both side)
Equity Futures0.05%0.049% (both side)
Equity Options₹0.01 or ₹10 per lot₹300 per lot
Currency Futures0.05% N/A
Currency Options₹0.01 or ₹10 per lotN/A
Commodity OptionsFutures: 0.03% and Options: ₹50 per lotFutures 0.070%
Mutual FundN/AN/A

AxisDirect vs Kotak Securities Margin / Exposure: 2024

SegmentAxisDirectKotak Securities
Equity Delivery1xN/A
Equity IntradayUpto 10xN/A
Equity Future1xN/A
Equity Options1xN/A
Currency Future1xN/A
Currency Options1xN/A
Commodity Future3xN/A
Commodity Options1xN/A

AxisDirect vs Kotak Securities Commodity Charges and Plans: 2024

AxisDirect charge Futures: 0.03% and Options: ₹50 per lot for commodity and Kotak Securities charge Futures 0.070% for commodity.
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