Sharekhan vs Kotak Securities Comparison: 2024

About Sharekhan

One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).

Sharekhan: Overview

Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.

Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis

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

Sharekhan vs Kotak Securities Account Opening Charges: 2024

ChargeSharekhanKotak Securities
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹750
Trading Account AMC₹0₹0
Demat Account AMC₹400 (Free for 1st year with trading account)₹600 per year

Sharekhan vs Kotak Securities Brokerage Charges and Plans : 2024

ChargeSharekhanKotak Securities
Plan NameClassic AccountFixed Brokerage Plan
Equity Delivery0.50%0.49%
Equity Intraday0.10%0.049% (both side)
Equity Futures0.10%0.049% (both side)
Equity Options₹50 per lot₹300 per lot
Currency Futures0.10%N/A
Currency Options₹30 per lotN/A
Commodity Options0.03%Futures 0.070%
Mutual FundN/AN/A

Sharekhan vs Kotak Securities Margin / Exposure: 2024

SegmentSharekhanKotak Securities
Equity DeliveryUpto 5xN/A
Equity IntradayUpto 10xN/A
Equity Future2xN/A
Equity OptionsNilN/A
Currency FutureNilN/A
Currency OptionsNilN/A
Commodity FutureUpto 2xN/A
Commodity OptionsN/AN/A

Sharekhan vs Kotak Securities Commodity Charges and Plans: 2024

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