Indiabulls vs Kotak Securities Comparison: 2024

About Indiabulls

India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.

Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately  7 lakhs spread across 18 cities.

India Bulls Stock Broker: An overview

The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.

India bulls Shubh pioneered the online trading platform facility

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

Indiabulls vs Kotak Securities Account Opening Charges: 2024

ChargeIndiabullsKotak Securities
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹500₹750
Trading Account AMC₹0₹0
Demat Account AMC₹450₹600 per year

Indiabulls vs Kotak Securities Brokerage Charges and Plans : 2024

ChargeIndiabullsKotak Securities
Plan NameEquity Unlimited Trade PlanFixed Brokerage Plan
Equity Delivery₹0 0.49%
Equity Intraday₹0 0.049% (both side)
Equity Futures₹15 per trade0.049% (both side)
Equity Options₹15 per trade₹300 per lot
Currency Futures₹15 per tradeN/A
Currency Options₹15 per tradeN/A
Commodity Options0.03%Futures 0.070%
Mutual FundN/AN/A

Indiabulls vs Kotak Securities Margin / Exposure: 2024

SegmentIndiabullsKotak Securities
Equity Delivery1x (No margin)N/A
Equity IntradayUpto 5x N/A
Equity FutureIntra-day: 4x | Carry forward: 1x N/A
Equity OptionsIntra-day: 4x | Carry forward: 1xN/A
Currency FutureIntra-day: 2x | Carry forward: 1xN/A
Currency OptionsIntra-day: 2x | Carry forward: 1xN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A

Indiabulls vs Kotak Securities Commodity Charges and Plans: 2024

Indiabulls charge 0.03% for commodity and Kotak Securities charge Futures 0.070% for commodity.
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