Comparison –  Kotak Securities Vs Way2Wealth

Kotak Securities Way2wealth
Year of Incorporation 1994 1984
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 0.04% for Intraday, 0.4% for Delivery – Negotiable
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.04% of Turnover – Negotiable
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 50/lot – Negotiable
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.04% of Turnover – Negotiable
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 50/lot – Negotiable
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront 0.04% of Turnover – Negotiable
Account opening charges
Trading and Demat NA NA
Only Trading Rs 750 350
Commodity Rs 250 100
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 22 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 6 times for Intraday, 0 for Delivery
Equity Futures Upto 5 times Intraday Upto 2 times for Intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday No Leverage
Currency Futures Upto 2 times Intraday Upto 2 times Intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday No Leverage
Commodity Upto 2 times Intraday Upto 3 times Intraday
Serviceable
3 in 1 Account YES No
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES YES