Fyers vs Kotak Securities (Compare Fyers vs Kotak Securities)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Fyers vs Kotak Securities, Below comparison of Fyers vs Kotak Securities highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of Fyers vs Kotak Securities is given below:

Fyers

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Kotak Securities

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	Fyers	Kotak Securities

About The Brokers	Fyers : "FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> 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 :	Fyers : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Kotak Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Fyers : Discount Broker	Kotak Securities : Full Service Broker
Promo/offers	Fyers : Special Offer: Free equity delivery trade for Lifetime + Flat ₹20 Intra-day and F&O trades. Get the offer	Kotak Securities : Special Offer: Free Account opening + Free Intraday Trades -All Segments + Flat fee of ₹20 per executed order all for other F&O, MIS & Super Multiple (Cover Order) + Equity & Commodity Delivery at just 0.25% of the transaction value.Get th e offer
Advantage	Fyers : Rs. 20 flat-fee trades. Brokerage free Investment in Mutual funds Brokerage free Equity delivery Trade High Performance Trading platforms Free Demat & Trading account for Life, Fyers do not charge trading and demat account opening fees & AMC. They provide unique portfolio investment for new entrants in the market called thematic investing at 100 per theme. (Buying at Free of cost , ₹100 or 2% (Whichever is lower) on Sell/Exit, Re-balance, Modify No Hidden Charges , Fyers is very transparent on charges All trading software are available for free of cost Possibility of earning via referral, earn 20% of the revenues generated by your friends, for life Trade profitably for 30 days & get your brokerage refunded.	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	Fyers : No team of experts for market research. Rs. 50 Admin square-off Charges Call & Trade services at Rs 50 per executed order	Kotak Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Minimum brokerage charges.
Why This	Fyers : They Charge Flat brokerage of ₹20/- per executed order. Brokerage free Equity delivery Trade & Mutual Fund Investment. No proprietary trading. Pure brokerage firm. The distinguishing feature of Fyers- "Thematic investing". Technological advance online trading platforms are provided to its customers. They have customer support above average, and referral programmes are also worth investing your valuable time. Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy. Trade profitably for 30 days & get your brokerage refunded. Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions. Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators. IPOs and FPOs through UPI payments.	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.

Fyers vs Kotak Securities Account Opening & AMC Charges

Fyers Trading Account Opening Fee is ₹0 (Free) and Kotak Securities Trading Account Opening Fee is ₹499 (Now Free) . Fyers Demat Account AMC is ₹0 (Free) and Kotak Securities Demat Account AMC is ₹600 .

	Fyers	Kotak Securities
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : ₹499 (Now Free)
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : ₹600
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0

Fyers vs Kotak Securities Brokerage Charges

Fyers Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹20 per executed order or .03% whichever is lower and Equity Options is ₹20 per executed order . Kotak Securities Brokerage Charges Equity Delivery is 0.49% and Equity Intraday is 0.049% and Equity Options is ₹300 .

	Fyers	Kotak Securities
Plan Name	Plan Name : Fyers	Plan Name : Fixed Brokerage Plan	Plan Name : Dynamic Brokerage Plan
Equity Delivery	Equity Delivery : ₹0 (Free)	Equity Delivery : 0.49%	Equity Delivery : 0.59% to 0.30%
Equity Intraday	Equity Intraday : ₹20 per executed order or .03% whichever is lower	Equity Intraday : 0.049%	Equity Intraday : 0.06% to 0.05%
Equity Future	Equity Future : ₹20 per executed order or .03% whichever is lower	Equity Future : 0.049%	Equity Future : 0.07% to 0.05%
Equity Options	Equity Options : ₹20 per executed order	Equity Options : ₹300	Equity Options : 2.5% to 1.8%
Currency Futures	Currency Futures : ₹20 per executed order or .03% whichever is lower	Currency Futures : -	Currency Futures : 0.04% or ₹20 per lot
Currency Options	Currency Options : ₹20 per executed order	Currency Options : -	Currency Options : ₹20 to ₹7.5 per lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : ₹20 per executed order or .03% whichever is lower	Commodity Futures : 0.07%	Commodity Futures : -
Commodity Options	Commodity Options : ₹20 per executed order	Commodity Options : -	Commodity Options : -

Fyers vs Kotak Securities Transaction Charges (Per Crore)

Fyers Transaction Charges (Per Crore) Equity Future is ₹240 per Cr (0.0024%) and Equity Options is ₹5900 per Cr (on premium) (0.059%) . Kotak Securities Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% and Equity Options is NSE: 0.05% on Premium .

	Fyers	Kotak Securities
Equity Delivery	Equity Delivery : ₹325 per Cr (0.00325%)	Equity Delivery : NSE: 0.00325% BSE: 0.00325%
Equity Intraday	Equity Intraday : ₹325 per Cr (0.00325%)	Equity Intraday : NSE: 0.00325% BSE: 0.00325%
Equity Future *	Equity Future : ₹240 per Cr (0.0024%)	Equity Future : NSE: 0.0019%
Equity Options *	Equity Options : ₹5900 per Cr (on premium) (0.059%)	Equity Options : NSE: 0.05% on Premium
Currency Futures *	Currency Futures : ₹240 per Cr (0.0024%)	Currency Futures : NSE: 0.0009%, BSE: 0.00022%
Currency Options	Currency Options : ₹5900 per Cr (on premium) (0.059%)	Currency Options : NSE: 0.035%, BSE: 0.001%
Commodity	Commodity : NA	Commodity : MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006%

Fyers vs Kotak Securities Other Charges

Fyers Minimum Brokerage is NA and Call & Trade is ₹50 per trade . Kotak Securities Minimum Brokerage is ₹20 per executed order and Call & Trade is ₹20 per call .

	Fyers	Kotak Securities
Minimum Brokerage	Minimum Brokerage : NA	Minimum Brokerage : ₹20 per executed order
Call & Trade	Call & Trade : ₹50 per trade	Call & Trade : ₹20 per call
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side)	DP Charges (on sell side) : ₹7 + ₹5.5 (CDSL Charges)	DP Charges (on sell side) : 0.04% of transaction value (minimum Rs 20)
Other Miscellaneous Charges	Other Miscellaneous Charges : Square-off by Fyers - ₹50/ trade, NRI Brokerage: ₹100/ executed order (For all segments)	Other Miscellaneous Charges : CB charges ₹350 + Bank Chg, ₹9 Payment Gateway Ch

Fyers vs Kotak Securities Features

Fyers and Kotak Securities both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Fyers	Kotak Securities
Trading Platform	Trading Platform : FYERS One Desktop, Mobile and Web Platform	Trading Platform : KEATProX, FASTLANE
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : Yes
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : 30 Day Challenge, Thematic Investing	Unique features & Offers : Bloom TV on Keat Pro trading Platform
Referral Program	Referral Program : 1	Referral Program : No
Margin Against Shares (Equity Cash) *	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) : Yes

Fyers vs Kotak Securities Demat Account Charges

A comparative table of various demat account charges between Fyers and Kotak Securities is below:

	Fyers	Kotak Securities
Depository Service Provider	Depository Service Provider : CDSL & NSDL	Depository Service Provider : CDSL & CDSL
Account Opening Fee	Account Opening Fee : Free	Account Opening Fee : Nil
Advance Deposit	Advance Deposit : NIL	Advance Deposit : Nil
AMC	AMC : ₹0 (Free)	AMC : Individual (Resident): ₹780 p.a.Â for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions. NRI Account: ₹900 p.a. Corporate (Resident): ₹1200 p.a. Corporate (NRI): ₹1500 p.a. BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )
Dematerialisation Charges	Dematerialisation Charges : ₹0 per certificate + ₹35 courier charges	Dematerialisation Charges : ₹3 per certificate plus ₹50 per request
Rematerialisation Charges	Rematerialisation Charges : ₹0	Rematerialisation Charges : Individual Account: ₹10 for 100 shares (Minimum Payable ₹15) Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)
Transaction Charges (Credit)	Transaction Charges (Credit) : ₹0	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹7 + ₹5.50 flat for every debit transaction	Transaction Charges (debit) : Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes). Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).
Pledge Creation Charges	Pledge Creation Charges : ₹0	Pledge Creation Charges : 0.05% of the value of securities Minimum ₹30
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹0	Pledge Creation Confirmation Charges : 0.05% of the value of securities Minimum ₹30
Pledge Invocation Charges	Pledge Invocation Charges : ₹0	Pledge Invocation Charges : 0.04% of the value of securities Minimum ₹30
Failed Instruction Charges	Failed Instruction Charges : ₹0	Failed Instruction Charges : Nil
Other Charges	Other Charges : -	Other Charges : Charge for Client Master change intimation: ₹25/-

Fyers vs Kotak Securities Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 98458 and . Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 1108340 and Total Number of Branches is 1128+ .

	Fyers	Kotak Securities
Year of Incorporation	Year of Incorporation : 2015	Year of Incorporation : 1994
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE,MCX
Demat Services	Demat Services : Yes	Demat Services : NSDL & CDSL
Website	Website : http://fyers.in/	Website : http://www.kotaksecurities.com
Contact Details	Contact Details : 080-46251111	Contact Details : 1800222299
Total Number of Clients	Total Number of Clients : 98458	Total Number of Clients : 1108340
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 1128+
Products *	Products : -	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution

Fyers vs Kotak Securities Leverage

Leverage

	Fyers	Kotak Securities
Equity Delivery	Equity Delivery : 100% of trade value (1x leverage)	Equity Delivery : -
Equity Intraday	Equity Intraday : Up to 20% of trade value (5x leverage)	Equity Intraday : -
Equity Futures	Equity Futures : -	Equity Futures : -
Equity Options	Equity Options : -	Equity Options : -
Currency Futures	Currency Futures : -	Currency Futures : -
Currency Options	Currency Options : -	Currency Options : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : -	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : 100% of NRML margin (Span + Exposure) (1x leverage	F&O (Eq, Curr, Comm) : -

Fyers vs Kotak Securities Orders

Orders

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

Fyers vs Kotak Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Fyers	Kotak Securities
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes

Fyers vs Kotak Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Fyers	Kotak Securities
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.10,000	Investment required for Franchisee / AP : Minimum deposit of Rs 3 lakh (negotiable)

Fyers vs Kotak Securities Product & Services

Fyers and Kotak Securities both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

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

Fyers vs Kotak Securities Customer Services

Fyers and Kotak Securities both 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:

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

Fyers vs Kotak Securities Other Investement

Fyers and Kotak Securities both 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:

	Fyers	Kotak Securities
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : No	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : Yes

Fyers vs Kotak Securities Trading PlatForm

Fyers and Kotak Securities both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Fyers	Kotak Securities
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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