Comparison –  Kotak Securities Vs ICICI Direct

Kotak Securities ICICI Direct
Year of Incorporation 1994 2000
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 Equity Intraday 0.05% & Delivery 0.25%- Negotiable
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover for Overnight & Intraday only one side- Negotiable
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront NA
Account opening charges
Trading and Demat NA Rs 975 for 3 in 1 Account
Only Trading Rs 750 NA
Commodity Rs 250 NA
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 20 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 Intraday upto 25 times & Delivery upto 5 times for interest
Equity Futures Upto 5 times Intraday Upto 4 times for intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Not for buying but upto 2 times for shorting
Currency Futures Upto 2 times Intraday NA
Currency Options Buying No Margin, Shorting upto 2 times for Intraday NA
Commodity Upto 2 times Intraday NA
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES