Kotak Securities vs Choice Broking – Compare Charges, Trading Features, Offers & more

Find a Comparison of Kotak Securities vs Choice Broking here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Kotak Securities and Choice Broking.

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Kotak Securities vs Choice Broking – Company Overview

Company Overview Kotak Securities Choice Broking
Company Type Private Private
Headquarters Mumbai Mumbai
Founder Jaideep Hansraj Kamal Poddar
Establishment Year 1994 2010

Compare the Brokerage of Kotak Securities and Choice Broking

Brokerage Kotak Securities Choice Broking
Brokerage Plan Trade Free Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery 0.25% or Rs.20 (whichever is higher) 0.2% of Transaction Value
Equity Intraday Free 0.02% of Transaction Value
Equity Future Rs.20 per Trade 0.02% of Transaction Value
Equity Option Rs.20 per Trade Rs.25 per lot
Commodity Future Rs.20 per Trade 0.02% of Transaction Value
Commodity Option Rs.20 per Trade Rs.50 per lot
Currency Future Rs.20 per Trade 0.02% of Transaction Value
Currency Option Rs.20 per Trade Rs.20 per lot

Kotak Securities vs Choice Broking – Trading Platforms

Trading Platforms Kotak Securities Choice Broking
Android App Kotak Securities Android App Link Choice Broking Android App Link
iOS App Kotak Securities iOS App Link Choice Broking iOS App Link
Web Trading Platform Kotak Securities Web Trading Link Choice Broking Web Trading Link
Trading Terminal Available NA
Algo Trading Platform NA NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available NA
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Kotak Securities and Choice Broking – Trading Features

Trading Features Kotak Securities Choice Broking
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes No
Research Reports Yes Yes
Global indices Yes No
Customised Recommendations Yes Yes
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Kotak Securities vs Choice Broking Offers

Offers Kotak Securities Choice Broking
Free Account Opening No Yes
Free AMC No No
Free Brokerage Yes, Limited No
Flat Brokerage Yes, Limited No
Flexible Brokerage Plans Yes No
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading Yes No
Free F&O Trading No No
Free Research Reports Yes No
Free Trading calls Yes No
Referral Offers 10% + Upto Rs.500 per Client Upto Rs. 100 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Kotak Securities vs Choice Broking – Products Provided

Products Provided Kotak Securities Choice Broking
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes No
Banking Yes
Insurance Yes Yes
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold No No

Kotak Securities vs Choice Broking – Services Provided

Services Provided Kotak Securities Choice Broking
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes No
3 in 1 Account Yes No
Stock Research Yes Yes
Stock Recommendations Yes Yes
Trading Institution No No
Share Pledging Yes Yes
PMS or PCG Yes No
NRI Services Yes No

Compare Kotak Securities and Choice Broking Advisory

Advisory Kotak Securities Choice Broking
Fundamental Reports Yes Yes
Research Reports Yes Yes
Company Reports Yes Yes
Annual Reports Yes Yes
IPO Reports Yes No
Technical Reports Yes No
Stock Tips Yes Yes
Daily Top Stock Picks Yes Yes
Daily Market Review Yes No
Monthly Review Yes Yes
Weekly Review Yes No
Relationship Manager Yes Yes
Robo Advisory No No

Comparison of Kotak Securities and Choice Broking Exposure

Exposure Kotak Securities Choice Broking
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Kotak Securities & Choice Broking

Programs Kotak Securities Choice Broking
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Kotak Securities vs Choice Broking – Ratings by Finec

Ratings Kotak Securities Choice Broking
Overall Rating 9.39 / 10 8.63 / 10
Customer Support 9.35 / 10 8.59 / 10
Technology 9.50 / 10 8.73 / 10
Charges 9.42 / 10 8.66 / 10
Products & Service 9.33 / 10 8.58 / 10
Experience 9.31 / 10 8.56 / 10

Compare Customer Support of Kotak Securities and Choice Broking

Customer Support Kotak Securities Choice Broking
Trading Support Available, Chargeable Available, Free
Dedicated Dealer Available, Chargeable Available, Free
Call Support 1800-209-9393 022-67079999
Email Support ks.escalation@kotak.com customercare@choiceindia.com
Whatsapp Support 7738988888 NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link Telegram Support Link
Branches / Offices Available Available

Comparison of Kotak Securities & Choice Broking Complaints

Complaints Kotak Securities Choice Broking
Total Complaints Lodged 437 78
Total Complaints Resolved 366 69
% of Resolved Complaints 83.75% 88.46%
Non Actionable Complaints 21 6
% of Non Actionable Complaints 4.81% 7.69%

Compare Demat Charges of Kotak Securities vs Choice Broking

Demat Charges Kotak Securities Choice Broking
Account Opening Charges Rs.99 Free
Annual Maintenance Charges (AMC) Rs.300 per Year Rs.200 – Rs.3000 (First year free)

Kotak Securities vs Choice Broking – Compare STT & CTT

STT & CTT Kotak Securities Choice Broking
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.05% on sell side
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Kotak Securities and Choice Broking

Stamp Duty Kotak Securities Choice Broking
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Kotak Securities vs Choice Broking – Transaction Charges

Transaction Charges Kotak Securities Choice Broking
Equity Delivery 0.00335% (NSE) & 0.00375% (BSE) 0.00325% (NSE & BSE)
Equity Intraday 0.00335% (NSE) & 0.00375% (BSE) 0.00325% (NSE & BSE)
Equity Future 0.002% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.0505% (on premium) 0.053% (on premium)
Commodity Future 0.0026% (Agri & Non-Agri) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future 0.0009% (NSE) & 0.00022% (BSE) 0.0009% (NSE) & 0.00025% (BSE)
Currency Option 0.037% (NSE) & 0.001% (BSE) 0.037% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Kotak Securities & Choice Broking

Pledge Charges Kotak Securities Choice Broking
Pledge Creation Charges 0.05% of Value Rs.50 per Request or 0.02% of Value (whichever is higher)
Pledge Invocation Charges 0.04% of Value Rs.100 per Request or 0.05% of Value (whichever is higher)
Interest on Margin Trading 0.049% per day 0.05% per day

Comparison of Kotak Securities and Choice Broking – Hidden Charge

Hidden Charge Kotak Securities Choice Broking
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.21 per Scrip only on Sell Rs.10 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Nil
Dematerialisation Charges Rs.50 per Certificate Rs.10 per certificate
Call & Trade Charges Rs.90 per Trade Rs.30 per Trade

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