Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!
A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.
Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.
Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.
In India, the
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.
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
Charge | Interactive Brokers | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 | ₹600 per year |
Charge | Interactive Brokers | Kotak Securities |
---|---|---|
Plan Name | N/A | Fixed Brokerage Plan |
Equity Delivery | Minimum ₹6 and Upto ₹20 per executed order | 0.49% |
Equity Intraday | Minimum ₹6 and Upto ₹20 per executed order | 0.049% (both side) |
Equity Futures | Minimum ₹6 and Upto ₹20 per executed order | 0.049% (both side) |
Equity Options | Minimum ₹6 and Upto ₹20 per executed order | ₹300 per lot |
Currency Futures | Minimum ₹6 and Upto ₹20 per executed order | N/A |
Currency Options | Minimum ₹6 and Upto ₹20 per executed order | N/A |
Commodity Options | N/A | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Interactive Brokers | Kotak Securities |
---|---|---|
Equity Delivery | N/A | N/A |
Equity Intraday | N/A | N/A |
Equity Future | N/A | N/A |
Equity Options | N/A | N/A |
Currency Future | N/A | N/A |
Currency Options | N/A | N/A |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |
Interactive Brokers | Kotak Securities |
---|---|
No data |