Comparison –  Kotak Securities Vs Zerodha

Kotak Securities Zerodha
Year of Incorporation 1994 2010
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
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 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Commodity 0.05% – Reduces upto 0.01% if brokerage paid upfront Rs 20/executed order or 0.01% whichever is lower
Account opening charges
Trading and Demat NA Rs 300 if couriered & Rs 200 if you print the form
Only Trading Rs 750 Rs 200 if couriered & Rs 100 if you print the form
Commodity Rs 250 Rs 300 if couriered & Rs 200 if you print the form
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 Days 365 days on Zerodha Pi
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 20 times intraday, 0 for Delivery
Equity Futures Upto 5 times Intraday Upto 7 times intraday leverage
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures Upto 2 times Intraday 2 times intraday leverage
Currency Options Buying No Margin, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2 times intraday leverage
Commodity Upto 2 times Intraday 2.5 times intraday leverage
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES No
Instant Fund Transfer YES YES
Relationship Managers YES No