Comparison –  HDFC Securities Vs Kotak Securities

HDFC Securities Kotak Securities
Year of Incorporation 2002 1994
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL/CDSL
Brokerages
Equity 0.5% for Delivery & 0.05% for Intraday – Negotiable
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures 0.05% on Turnover – Negotiable 0.05% – Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 100/lot – Negotiable Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Rs 23/lot – Negotiable 0.05% – Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 23/lot – Negotiable Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Commodity NA 0.05% – Reduces upto 0.01% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 999 NA
Only Trading N/A Rs 750
Commodity N/A Rs 250
Trading Tools
Platforms Mobile/ web Mobile/ web/ desktop
Charting 5 Days 5 Days
Margins & Leverage Provided
Equity Upto 20 times for Intraday, Upto 2 times for Delivery @interest
Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures NA for Intraday Upto 5 times Intraday
Equity Options NA for Intraday Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures NA for Intraday Upto 2 times Intraday
Currency Options NA for Intraday Buying No Margin, Shorting upto 2 times for Intraday
Commodity NA for Intraday Upto 2 times Intraday
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES