Comparison –  Kotak Securities Vs LKP Securities

Kotak Securities LKP Securities
Year of Incorporation 1994 1948
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDX
Demat (NSDL/CDSL) NSDL/CDSL NSDL
Brokerages
Equity 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront Default Scheme: 0.05% for Intraday & 0.5% for Delivery, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Default Scheme: 0.05%, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Default Scheme: Rs. 50 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Default Scheme: Rs. 30 per Lot Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 to lower brokerage. (1 Year Validity)
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Default Scheme: Rs. 30 per Lot, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity)
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront Default Scheme: Rs. 30, Value Scheme: Pay Upfront Deposit Rs. 2000 to Rs. 300000 for lower brokerage. (1 Year Validity)
Account opening charges
Trading and Demat NA Rs 250
Only Trading Rs 750 Rs 250
Commodity Rs 250 Rs 250
Trading Tools
Platforms Mobile/ web/ desktop web/ desktop
Charting 5 Days 1 Day
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 10 times for Intraday
Equity Futures Upto 5 times Intraday Upto 3 times for intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Upto 2 times for intraday
Currency Futures Upto 2 times Intraday Upto 3 times for intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday Upto 2 times for intraday
Commodity Upto 2 times Intraday Upto 4 times for Intraday
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES YES