Comparison –  Kotak Securities Vs HDFC Securities

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