Comparison –  Kotak Securities Vs SBI Capital

Kotak Securities SBI Capital
Year of Incorporation 1994 2001
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
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 0.05% for Intraday, 0.5% for Delivery
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.05% of Turnover
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 100/lot
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.03% of Turnover
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 30/lot
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront NA
Account opening charges
Trading and Demat NA Rs 850
Only Trading Rs 750 NA
Commodity Rs 250 NA
Trading Tools
Platforms Mobile/ web/ desktop web/ desktop
Charting 5 Days Upto 5 days on ODIN
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 5 times for Intraday, Upto 2 times for Delivery@interest
Equity Futures Upto 5 times Intraday No Intraday Leverage
Equity Options Buying No Margin, Shorting upto 2 times for Intraday No Intraday Leverage
Currency Futures Upto 2 times Intraday No Intraday Leverage
Currency Options Buying No Margin, Shorting upto 2 times for Intraday No Intraday Leverage
Commodity Upto 2 times Intraday NA
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES