Comparison –  SBI Capital Vs Kotak Securities 

SBI Capital Kotak Securities
Year of Incorporation 2001 1994
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL/CDSL
Brokerages
Equity 0.05% for Intraday, 0.5% for Delivery 0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures 0.05% of Turnover 0.05% – Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 100/lot Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.03% of Turnover 0.05% – Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 30/lot Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Commodity NA 0.05% – Reduces upto 0.01% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 850 NA
Only Trading NA Rs 750
Commodity NA Rs 250
Trading Tools
Platforms web/ desktop Mobile/ web/ desktop
Charting Upto 5 days on ODIN 5 Days
Margins & Leverage Provided
Equity Upto 5 times for Intraday, Upto 2 times for Delivery@interest Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures No Intraday Leverage Upto 5 times Intraday
Equity Options No Intraday Leverage Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures No Intraday Leverage Upto 2 times Intraday
Currency Options No Intraday Leverage Buying No Margin, Shorting upto 2 times for Intraday
Commodity NA Upto 2 times Intraday
Serviceable
3 in 1 Account YES YES
Instant Fund withdrawal YES YES
Instant Fund Transfer YES YES
Relationship Managers YES YES