Best Brokers for NRI trading in India 2020

	FOR HDFC BANK(IN RS.)	FOR AXIS/INDUSIND/IDBI BANK(IN RS.)
Account Service Charge (Normal KYC)	2000	1000
Account Service Charge (For downloaded & Printed KYCs)	3000	2000

Segment	Brokerage Charges
Equity Delivery	1.25% to 0.50%
Equity Future	0.05% to 0.03%
Equity Options	Rs 95 to Rs 75

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities

About The Brokers	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more	ProStocks : Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla >>> more	Sharekhan : "Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> more	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more	Kotak Securities : "With 1281+ branches in 377 cities of the country serving 1.4 million customers, over 5 lacs trades per day, Kotak Securities have been able to create their own space >>> more
Find More Information about the Broker :	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ProStocks : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Sharekhan : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Kotak Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Zerodha : Discount Broker	ProStocks : Discount Broker	Sharekhan : Full Service Broker	ICICI Direct : Full Service Broker	Kotak Securities : Full Service Broker
Promo/offers	Zerodha : Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	ProStocks : Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.	Sharekhan : Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	ICICI Direct : Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now	Kotak Securities : N/A
Advantage	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.	ProStocks : Rs 15 flat-fee trades. Monthly & Yearly Unlimited Trading Plan to offer. Own DP services. Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade. Instant paperless online account opening with AADHAR. Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee. Free trading software (mobile, desktop and website) for all customers. Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account. Zero Demat account AMC when you pay one time refundable deposit of Rs 1000 Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.	Sharekhan : Free call and trade facility. Huge Branch & Partner network User-friendly website and easy to use trading platform Registered with both the exchanges - BSE and NSE. Provides you with the opportunity of commodity trading. The fixed deposit can be used as collateral for future and option trading. Sharekhan doesn't charge for DP transactions. Sharekhan offers online and classroom training, seminars and workshops to investors. No charges for Online funds transfer . Provides services of dedicated Relationship Managers.	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !	Kotak Securities : 3-in-1 online trading account.. Security of your investment & money. Toll free number available. Robust trading software KEAT Pro. Derivatives trading,NRI services, mutual funds, IPOs. Trading is available in both BSE and NSE. After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.
Disadvantage	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.	ProStocks : ProStocks doesn't offer 3-in-1 account as they do not offer banking services. Opportunity to invest in Mutual Funds. commodity trading facility is not available. You will not get any research tips as there is no in-house team Only BSE SME IPOs are allow. NSE SME IPOs are not available.	Sharekhan : Offer only 2-in-1 account. Shraekhan charges comparatively high brokerage. Minimum brokerage of 10 paisa is being charged per stock basis. Trading after market hours is not allowed. Classic account holders cannot trade commodities.	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High Minimum Brokerage Charges.	Kotak Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Minimum brokerage charges.
Why This	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.	ProStocks : Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from Flat Rs 15 per order Monthly unlimited trading plans. Yearly unlimited trading plans. One of the most affordable calls & trading charges. Give you the opportunity to earn through the referral program. You need not to pay in case you are not trading in any month. Even though Protock is the discount broker, you get option choosing from the various trading plan. It provides you with DP service as well.	Sharekhan : Pan India Presence over 170 branches & 2300+ Franchise partners. DP transaction facility is available without any cost. Sharekhan allows fixed deposit as collateral for Future & Options. At Sherkhan you can Trade through call & trade service. Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research	Kotak Securities : A Unique 3-in-1 On-line Trading Account, which includes Kotak Mahindra Banks Saving Account, Kotak Securities Trading Account and Kotak Securities Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >13 Lac customers. Wide network of 1281 branches and sub Brokers in 377 cities. After Market Orders and Portfolio Management Service(PMS) available. Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc. Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education.
	Open Account	Open Account	Open Account	Open Account

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Account Opening & AMC Charges

Zerodha Trading Account Opening Fee is Rs 200 and ProStocks Trading Account Opening Fee is Rs 0 and Sharekhan Trading Account Opening Fee is Rs 0 (Free) and ICICI Direct Trading Account Opening Fee is Rs 0 (Free) and Kotak Securities Trading Account Opening Fee is Rs 0 (Free) . Zerodha Demat Account AMC is Rs 300 and ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) and Sharekhan Demat Account AMC is Rs 400 (Free for 1st year) and ICICI Direct Demat Account AMC is Rs 300 (from 2nd year) and Kotak Securities Demat Account AMC is Rs 600 .

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Trading Account Opening Fee	Trading Account Opening Fee : Rs 200	Trading Account Opening Fee : Rs 0	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 300	Demat Account AMC : Rs 0 (Lifetime Zero AMC)	Demat Account AMC : Rs 400 (Free for 1st year)	Demat Account AMC : Rs 300 (from 2nd year)	Demat Account AMC : Rs 600
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Brokerage Charges

Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order . ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order . Sharekhan Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.10% and Equity Options is Rs 50 per lot . ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is Rs 95 per lot . Kotak Securities Brokerage Charges Equity Delivery is 0.25% or Rs 20 whichever is higher and Equity Intraday is Free and Equity Options is Delivery: Rs 20 per trade | Intraday: Free .

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Plan Name	Plan Name : Standard Plan	Plan Name : Flat Fee Plan (₹15 per executed order)	Plan Name : Classic Account	Plan Name : I-Secure Plan	Plan Name : Trade Free Plan
Equity Delivery	Equity Delivery : Rs 0 (Free)	Equity Delivery : Rs 0 (Free)	Equity Delivery : 0.50%	Equity Delivery : 0.55%	Equity Delivery : 0.25% or Rs 20 whichever is higher
Equity Intraday	Equity Intraday : Rs 20 per executed order or .03% whichever is lower	Equity Intraday : Rs 15 per executed order	Equity Intraday : 0.10%	Equity Intraday : 0.275%	Equity Intraday : Free
Equity Future	Equity Future : Rs 20 per executed order or .03% whichever is lower	Equity Future : Rs 15 per executed order	Equity Future : 0.10%	Equity Future : 0.05%	Equity Future : Delivery: Rs 20 per trade \| Intraday: Free
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 15 per executed order	Equity Options : Rs 50 per lot	Equity Options : Rs 95 per lot	Equity Options : Delivery: Rs 20 per trade \| Intraday: Free
Currency Futures	Currency Futures : Rs 20 per executed order or .03% whichever is lower	Currency Futures : Rs 15 per executed order	Currency Futures : 0.10%	Currency Futures : Rs 20 per order	Currency Futures : Delivery: Rs 20 per trade \| Intraday: Free
Currency Options	Currency Options : Rs 20 per executed order or .03% whichever is lower	Currency Options : Rs 15 per executed order	Currency Options : Rs 30 per lot	Currency Options : Rs 20 per order	Currency Options : Delivery: Rs 20 per trade \| Intraday: Free
Monthly Fee	Monthly Fee : -	Monthly Fee : NA	Monthly Fee : -	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : Rs 20	Margin Trading : NA	Margin Trading : -	Margin Trading : 0.05% - 0.03%	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 20 per executed order or .03% whichever is lower	Commodity Futures : NA	Commodity Futures : 0.03%	Commodity Futures : Rs 20 per order	Commodity Futures : Delivery: Rs 20 per trade \| Intraday: Free
Commodity Options	Commodity Options : Rs 20 per executed order or .03% whichever is lower	Commodity Options : NA	Commodity Options : 0.03%	Commodity Options : Rs 20 per order	Commodity Options : Delivery: Rs 20 per trade \| Intraday: Free

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Exchange Transaction Charges

Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) . ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) and Equity Options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) . Sharekhan Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) . ICICI Direct Exchange Transaction Charges Equity Future is Rs 180 per Cr (0.0018%) and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . Kotak Securities Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is NSE: 0.05% on Premium .

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Equity Delivery	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	Equity Delivery : NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	Equity Delivery : NSE: 0.00325%, BSE: 0.00325%
Equity Intraday	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	Equity Intraday : NSE Rs 310 per Cr (0.0031%) \| BSE Rs 280 per Cr (0.0028%) (each side)	Equity Intraday : NSE: 0.00325%, BSE: 0.00325%
Equity Future *	Equity Future : NSE Rs 200 per Cr (0.002%)	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 50 per Cr (0.0005%)	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 50 per Cr (0.00035) (each side)	Equity Future : Rs 180 per Cr (0.0018%)	Equity Future : NSE: 0.0019%
Equity Options *	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)	Equity Options : NSE Rs 5300 per Cr (0.053%) \| NSE Rs 2500 per Cr (0.025%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 50 per Cr (0.0005%) (on premium)	Equity Options : Rs 5000 per Cr (0.05%) (on premium)	Equity Options : NSE: 0.05% on Premium
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 22 per Cr (0.00022%)	Currency Futures : NSE Rs 135 per Cr (0.00135%) \| MCX Rs 130 per Cr (0.00130%)	Currency Futures : Rs 120 per Cr (0.0012%)	Currency Futures : NSE: 0.0009%, BSE: 0.00022%
Currency Options	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4220 per Cr (0.04220%) \| MCX Rs 3220 per Cr (0.03220%) (on premium)	Currency Options : Rs 5000 per Cr (0.05%) (on premium)	Currency Options : NSE: 0.035%, BSE: 0.001%
Commodity	Commodity : Group A - Rs 260 per Cr (0.0026%)	Commodity : -	Commodity : MCX (Non-Agri) Rs 230 per Cr (0.0023%) \| MCX (Agri) Rs 95 per Cr (0.00095%)	Commodity : Group A - Rs 260 per Cr (0.0026%)	Commodity : MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Other Charges

Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order . ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share and Call & Trade is Rs 20 . ICICI Direct Minimum Brokerage is Rs 35 per trade (I-Secure Plan) and Call & Trade is Rs 50 per trade . Kotak Securities Minimum Brokerage is Rs 21 per executed order and Call & Trade is Rs 50 per call .

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Minimum Brokerage	Minimum Brokerage : 0.03% in Intraday and F&O	Minimum Brokerage : Rs 0	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	Minimum Brokerage : Rs 35 per trade (I-Secure Plan)	Minimum Brokerage : Rs 21 per executed order
Call & Trade	Call & Trade : Rs 50 per executed order	Call & Trade : Rs 0 (Free)	Call & Trade : Rs 20	Call & Trade : Rs 50 per trade	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -	Stamp Duty : -	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹13.5 per scrip	DP Charges (on sell side) : ₹20 per scrip for equity delivery trade+18% GST	DP Charges (on sell side) : Rs 0	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.04% of transaction value (minimum Rs 20)
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Margin Trading Interest: 0.025% Per day	Other Miscellaneous Charges : -

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Features

Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities all offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Trading Platform	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin	Trading Platform : ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API	Trading Platform : TradeTiger, Sharekhan Mobile	Trading Platform : ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Trading Platform : Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes	Placing orders through charts : Yes	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes	Trading Alerts : Yes	Trading Alerts : -	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : NA	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : -	Research and Advice / Trading Tips : Yes
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -	Unique features & Offers : -	Unique features & Offers : Offer 3-in-1 Account. Support in local ICICI Bank branches. Trusted brand.	Unique features & Offers : 25+ years of experience. Part of prestigious Kotak Mahindra Bank. Offer 3-in-1 account (Bank + Trading + Demat Account) Physical presence in 393 cities. Free Technical, Fundamental, Derivatives, Macro-economic and mutual fund research. Different brokerage plans to suit your needs.
Referral Program	Referral Program : 1	Referral Program : 1	Referral Program : -	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Demat Account Charges

A comparative table of various demat account charges between Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities is below:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL	Depository Service Provider : CDSL	Depository Service Provider : NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Rs 50 (Stamp charges payable upfront)	Account Opening Fee : Nil	Account Opening Fee : Actual Stamp Paper Charges	Account Opening Fee : Stamp Duty at actuals	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : Rs 0	Advance Deposit : Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit	Advance Deposit : Rs. 500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)	Advance Deposit : Rs 0 for ICICI Bank customers. Rs 7500 for Non ICICI BANK customers.	Advance Deposit : Nil
AMC	AMC : Individuals/Non Individual (except Corporate) - Rs 300 + GST Non Individual - Corporate - Rs 1000	AMC : Nil	AMC : Scheme A: Rs 400, Scheme B: Rs 500, Scheme C: Rs 350, Scheme D: Nil, Scheme E: Rs 100, Scheme F: Rs 500, Scheme H: Rs 1000, Scheme G: Nil(holding Value <= Rs 50000) or 100(holding Value from Rs 50001 to Rs 200000)or 400(holding Value >Rs 200000) Scheme A, C, E & H: Free for the 1st Year.	AMC : For Individual account: Rs 700 p.a. For Corporate account: Rs 1500 p.a.	AMC : Rs 600 per year
Dematerialisation Charges	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)	Dematerialisation Charges : Rs 50 per set up + Rs 50 courier charges	Dematerialisation Charges : Rs 5 per certificate (Min Rs 50 per request for Tariff A,B,C,D,E,F & H) (Min Rs 100 per request for Tariff G )	Dematerialisation Charges : Rs 50 Per Demat Request Form and Rs 10 For Each Certificates	Dematerialisation Charges : Rs. 150 per certificate + Rs. 50 per request courier charges
Rematerialisation Charges	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges	Rematerialisation Charges : Rs 50 per set up + Rs 50 courier charges	Rematerialisation Charges : Rs 50 per certificate or Rs 50 for every hundred securities	Rematerialisation Charges : Rs 25 + CDSL charges at actual	Rematerialisation Charges : Rs.10 for 100 securities (Minimum payable Rs.15)
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Market Trades: Rs 13.5 + GST Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST	Transaction Charges (debit) : Rs 8 + Rs 5.50 (CDSL charges) per ISIN	Transaction Charges (debit) : Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30), Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30), Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49), Scheme F: 0.03% of value of tran(min Rs 30), Scheme G: 0.03% of value of tran(min Rs 49)	Transaction Charges (debit) : For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30) For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum Rs 30 & maximum Rs 25,000 )	Transaction Charges (debit) : 0.04% + NSDL charges (minimum Rs 20)
Pledge Creation Charges	Pledge Creation Charges : Rs 30 per request + GST	Pledge Creation Charges : Rs 50 per set up	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min Rs 100 per transaction)	Pledge Creation Charges : 0.02% or minimum of Rs 35	Pledge Creation Charges : Rs 20 per ISIN
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Rs 0	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : 0.02% or minimum of Rs 35	Pledge Creation Confirmation Charges : Rs 20 per ISIN
Pledge Invocation Charges	Pledge Invocation Charges : Rs 20	Pledge Invocation Charges : Rs 50 per set up	Pledge Invocation Charges : Nil	Pledge Invocation Charges : 0.02% or minimum of Rs 35	Pledge Invocation Charges : Rs 20 per ISIN
Failed Instruction Charges	Failed Instruction Charges : Rs 50 per ISIN	Failed Instruction Charges : Failed transactions Rs 50 per ISIN	Failed Instruction Charges : Nil	Failed Instruction Charges : -	Failed Instruction Charges : -
Other Charges	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.	Other Charges : -	Other Charges : Freeze /De-freeze - Rs 25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum Rs 100) Client Master changes Rs 30 per request for Tariff G	Other Charges : Rs 200 for restoring services if account is suspended for non payment of charges.	Other Charges : -

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Basic Details

Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6604055 and Total Number of Branches is 22 . ProStocks Year of Incorporation is 2016 and Total Number of Clients is 5646 and Total Number of Branches is 1 . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 761841 and Total Number of Branches is 2800 . ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 2798455 and Total Number of Branches is 154 . Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 1088641 and Total Number of Branches is 153 .

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Year of Incorporation	Year of Incorporation : 2010	Year of Incorporation : 2016	Year of Incorporation : 2000	Year of Incorporation : 2000	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX and NCDEX	Active Exchange Memberships : BSE, NSE	Active Exchange Memberships : NSE, BSE, MCX, NCDEX	Active Exchange Memberships : -	Active Exchange Memberships : NSE, BSE,MCX
Demat Services	Demat Services : No	Demat Services : No	Demat Services : Yes	Demat Services : Yes	Demat Services : Yes
Website	Website : https://zerodha.com	Website : www.prostocks.com	Website : http://www.sharekhan.com	Website : -	Website : http://www.kotaksecurities.com
Contact Details	Contact Details : 080-40402020	Contact Details : +91 22 62 43 43 43	Contact Details : 022-61150000	Contact Details : -	Contact Details : 1800222299
Total Number of Clients	Total Number of Clients : 6,604,055	Total Number of Clients : 5,646	Total Number of Clients : 761,841	Total Number of Clients : 2,798,455	Total Number of Clients : 1,088,641
Total Number of Branches	Total Number of Branches : 22	Total Number of Branches : 1	Total Number of Branches : 2800	Total Number of Branches : 154	Total Number of Branches : 153
Products *	Products : Kite Web, Kite Mobile for Android/iOS and Coin	Products : ProStocks Mobile,Web & Desktop. BSE Best	Products : Investment banking, institutional broking	Products : -	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Orders

Orders

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : No	Comparison : Yes	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : No	Free Tips : Yes	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : No	Daily Market report : Yes	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : No	ETF research : Yes	ETF research : -	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : No	Quarterly Results : Yes	Quarterly Results : Yes	Quarterly Results : Yes

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.11,000	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.50,000	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Minimum deposit of Rs 3 lakh (negotiable)

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Product & Services

Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities all offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes	Delivery Based Trading : Yes	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : No	Margin Trading : Yes	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes	Call in Trade : Yes	Call in Trade : -	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : No	Limit Order : Yes	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : Yes
NRI Services *	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : No	SMS Alerts : No	SMS Alerts : Yes	SMS Alerts : No	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : No	IPO Investment : Yes	IPO Investment : Yes	IPO Investment : -	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : No	Portfolio Analysis : Yes	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes	Advanced Charting Features : Yes	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes	Brokerage Calculator : No	Brokerage Calculator : -	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : Yes	Margin Calculator : No	Margin Calculator : -	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes	Stop Loss Order : Yes	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : No	Market Trading : Yes	Market Trading : -	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : Yes	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No	Aumtomated Trading : No	Aumtomated Trading : -	Aumtomated Trading : No

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Customer Services

Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities all offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Toll Free Number *	Toll Free Number : No	Toll Free Number : No	Toll Free Number : Yes	Toll Free Number : -	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No	Live Chat Facility : Yes	Live Chat Facility : -	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes	Email Facility : Yes	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : No	Branch Offices : Yes	Branch Offices : -	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes	Customer Care : Yes	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : No	Community Service : Yes	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : No	Relationship Manager : Yes	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -	24/7 Support : No	24/7 Support : -	24/7 Support : No

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Other Investement

Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities all offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No	Commodity Trading : Yes	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes	Investment in ETFs : Yes	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : No	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No	Investment in Bonds : Yes	Investment in Bonds : -	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : No	Insurance Services : No	Insurance Services : -	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : No	Banking Services : No	Banking Services : -	Banking Services : Yes

Zerodha vs ProStocks vs Sharekhan vs ICICI Direct vs Kotak Securities Trading Platform

Zerodha and ProStocks and Sharekhan and ICICI Direct and Kotak Securities all offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Zerodha	ProStocks	Sharekhan	ICICI Direct	Kotak Securities
Web Platform *	Web Platform : Yes	Web Platform : Yes	Web Platform : Yes	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes	Android Mobile App : Yes	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes	Desktop Windows : Yes	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No	Desktop Mac : No	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes	I-Pad App : Yes	I-Pad App : -	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No	Virtual Trading : Yes	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes	iPhone Mobile App : Yes	iPhone Mobile App : -	iPhone Mobile App : Yes
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