Comparison – Kotak Securities Vs Motilal Oswal
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 |