Kotak Securities vs Zerodha Comparison: 2024
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
About Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Kotak Securities vs Zerodha Account Opening Charges: 2024
| Charge | Kotak Securities | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹750 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹600 per year | ₹300 per year |
Kotak Securities vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Kotak Securities | Zerodha |
|---|---|---|
| Plan Name | Fixed Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | 0.49% | ₹0 (Free) |
| Equity Intraday | 0.049% (both side) | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | 0.049% (both side) | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹300 per lot | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | N/A | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | N/A | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | Futures 0.070% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Kotak Securities vs Zerodha Margin / Exposure: 2024
| Segment | Kotak Securities | Zerodha |
|---|---|---|
| Equity Delivery | N/A | 1x (no margin) |
| Equity Intraday | N/A | Up to 20x (based on the stock) |
| Equity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | N/A | N/A |