Comparison –  SAMCo Vs Kotak Securities

SAMCO Kotak Securities
Year of Incorporation 2008 1994
Exchanges enabled NSE, BSE & MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL/CDSL
Brokerages
Equity Rs 20/executed order or 0.02%(intraday) or 0.2%(delivery) whichever is lower 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures Rs 20/executed order or 0.02% whichever is lower 0.05% – Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 20/executed order or 0.02% whichever is lower Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Rs 20/executed order or 0.02% whichever is lower 0.05% – Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 20/executed order or 0.02% whichever is lower Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Commodity Rs 20/executed order or 0.02% whichever is lower 0.05% – Reduces upto 0.01% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 600 NA
Only Trading Rs 200 Rs 750
Commodity Rs 200 Rs 250
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days on NEST 5 Days
Margins & Leverage Provided
Equity Upto 15 times for Intraday, No leverage for delivery Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures Upto 2.5 times for intraday Upto 5 times Intraday
Equity Options Buying no leverage, Shorting upto 2.5 times for intraday Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures Upto 2.5 times for intraday Upto 2 times Intraday
Currency Options Buying no leverage, Shorting upto 2.5 times for intraday Buying No Margin, Shorting upto 2 times for Intraday
Commodity Upto 2 times for intraday Upto 2 times Intraday
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers NO YES