Comparison –  Kotak Securities Vs Religare Securities

Kotak Securities Religare Securities
Year of Incorporation 1994 1994
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% of Turnover – Negotiable
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover – Negotiable
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 70/lot – Negotiable
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover – Negotiable
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 30/lot – Negotiable
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover – Negotiable
Account opening charges
Trading and Demat NA Rs 500
Only Trading Rs 750 NA
Commodity Rs 250 Rs 300
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 10 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 10 times Intraday, Upto 4 times delivery @interest
Equity Futures Upto 5 times Intraday Upto 3 times for Intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Buying no Leverage, shorting upto 3 times for Intraday
Currency Futures Upto 2 times Intraday Upto 2 times for Intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday Buying no Leverage, shorting upto 2 times for Intraday
Commodity Upto 2 times Intraday Upto 3 times for Intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES YES