Comparison –  Kotak Securities Vs SAMCO

Kotak Securities SAMCO
Year of Incorporation 1994 2008
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL/CDSL CDSL
Brokerages
Equity 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.02% whichever is lower
Account opening charges
Trading and Demat NA Rs 600
Only Trading Rs 750 Rs 200
Commodity Rs 250 Rs 200
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 5 days on NEST
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 15 times for Intraday, No leverage for delivery
Equity Futures Upto 5 times Intraday Upto 2.5 times for intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2.5 times for intraday
Currency Futures Upto 2 times Intraday Upto 2.5 times for intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2.5 times for intraday
Commodity Upto 2 times Intraday Upto 2 times for intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO