|
Kotak Securities |
Motilal Oswal |
| Year of Incorporation |
1994 |
1987 |
| Exchanges enabled |
NSE, BSE, MCX-SX, MCX & NCDEX |
NSE, BSE, MCX-SX, MCX & NCDEX |
| 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 |
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.015/0.15% if brokerage paid upfront |
| Equity Futures |
0.05% – Reduces upto 0.01% if brokerage paid upfront |
0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Equity Options |
Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront |
Rs 70/lot – Reduces upto Rs 30/lot if brokerage paid upfront |
| Currency Futures |
0.05% – Reduces upto 0.01% if brokerage paid upfront |
0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Currency Options |
Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront |
Rs 20/lot |
| Commodity |
0.05% – Reduces upto 0.01% if brokerage paid upfront |
0.05% – Reduces upto 0.015% if brokerage paid upfront |
| Account opening charges |
| Trading and Demat |
NA |
NA |
| Only Trading |
Rs 750 |
Free, but with Margin Cheque |
| Commodity |
Rs 250 |
Free, but with Margin Cheque |
| Trading Tools |
| Platforms |
Mobile/ web/ desktop |
Mobile/ web/ desktop |
| Charting |
5 Days |
3 Months – Pay Extra for Falcon |
| 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, & For Delivery Upto 3 times @24%/Annum |
| Equity Futures |
Upto 5 times Intraday |
Upto 2 Times Intraday |
| Equity Options |
Buying No Margin, Shorting upto 2 times for Intraday |
NA |
| Currency Futures |
Upto 2 times Intraday |
Upto 2 times Intraday |
| Currency Options |
Buying No Margin, Shorting upto 2 times for Intraday |
NA |
| Commodity |
Upto 2 times Intraday |
Upto 2 times Intraday |
| Serviceable |
| 3 in 1 Account |
YES |
No |
| Instant Fund withdrawal |
YES |
No |
| Instant Fund Transfer |
YES |
YES |
| Relationship Managers |
YES |
YES |
