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Kotak Securities vs Upstox (Compare Kotak Securities and Upstox)

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 Kotak Securities vs Upstox, Below comparison of Kotak Securities vs Upstox 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.

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

Kotak Securities

Upstox

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	Kotak Securities	Upstox

About The Brokers	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	Upstox : "Founded in 2009, Upstox is one of the reliable stock trading brokers with low brokerage and excellent facilities. Two young successful entrepreneurs who opened the co >>> more
Find More Information about the Broker :	Kotak Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Upstox : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Kotak Securities : Full Service Broker	Upstox : Discount Broker
Promo/offers	Kotak Securities : N/A	Upstox : Special Offer: FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.
Advantage	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.	Upstox : No Brokerage on Mutual funds. DEMAT AMC free for Life Low cost Brokerage Self-directed, easy to use online learning for all levels Easy to get started with Aadhar based signup Good Brokerage & Margin Calculator Unlike other low-cost brokers, RKSV offer a variety of affordable pricing plans so that you can choose the plan best suited for you
Disadvantage	Kotak Securities : No commodity trading.. Very High brokerage.. Not a good fit for small and penny stock traders. Minimum brokerage charges.	Upstox : No margin funding Does not provide Tips & recommendation Turnover charges on futures and options is higher than competitors Upstox doesn't offer unlimited monthly trading plans. Doesn't offer research based services. Charges on Funds Transfer @ ₹7 per fund transfer.
Why This	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.	Upstox : Upstox offers zero brokerage on equity mutual fund Investment and a mere ₹20 per transaction on Equity Delivery, intraday and F&O trades. After Market Order (AMO), Cover Order and BO are available on both web and mobile. Trailing-Stop/Stop-Loss (SL) is available in both web and mobile. Zero Demat AMC, Free demat account for life. Offers NRI trading. Offers Mutual Fund Investment, SIP Investement. Upstox is backed by top investors with the likes of Ratan Tata, Kalaari Capital & GVK Davix Upstox offers the best of technology to traders. The Upstox Platform on mobile and web is one of the best platforms for the Indian stock market.
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Kotak Securities vs Upstox Account Opening & AMC Charges

Kotak Securities Trading Account Opening Fee is Rs 0 (Free) and Upstox Trading Account Opening Fee is Rs 249 . Kotak Securities Demat Account AMC is Rs 600 and Upstox Demat Account AMC is Rs 0 (Free) .

	Kotak Securities	Upstox
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 249
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 600	Demat Account AMC : Rs 0 (Free)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Kotak Securities vs Upstox Brokerage Charges

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 . Upstox Brokerage Charges Equity Delivery is Rs 20 per executed order or 2.5% whichever is low and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

	Kotak Securities		Upstox
Plan Name	Plan Name : Trade Free Plan	Plan Name : Dealer Assisted Plan	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : 0.25% or Rs 20 whichever is higher	Equity Delivery : 0.39%	Equity Delivery : Rs 20 per executed order or 2.5% whichever is low
Equity Intraday	Equity Intraday : Free	Equity Intraday : 0.039%	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower
Equity Future	Equity Future : Delivery: Rs 20 per trade \| Intraday: Free	Equity Future : 0.039%	Equity Future : Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Equity Options : Delivery: Rs 20 per trade \| Intraday: Free	Equity Options : Rs 39 per lot	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : Delivery: Rs 20 per trade \| Intraday: Free	Currency Futures : Rs 9 per lot	Currency Futures : Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Currency Options : Delivery: Rs 20 per trade \| Intraday: Free	Currency Options : Rs 5 per lot	Currency Options : Rs 20 per executed order
Monthly Fee	Monthly Fee : -	Monthly Fee : Rs 499 (One Time)	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : Delivery: Rs 20 per trade \| Intraday: Free	Commodity Futures : 0.039%	Commodity Futures : Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Commodity Options : Delivery: Rs 20 per trade \| Intraday: Free	Commodity Options : Rs 39 per lot	Commodity Options : Rs 20 per executed order
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Kotak Securities vs Upstox Exchange Transaction Charges

Kotak Securities Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is NSE: 0.05% on Premium . Upstox 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) .

	Kotak Securities	Upstox
Equity Delivery	Equity Delivery : NSE: 0.00325%, BSE: 0.00325%	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Equity Intraday : NSE: 0.00325%, BSE: 0.00325%	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Future *	Equity Future : NSE: 0.0019%	Equity Future : NSE Rs 200 per Cr (0.002%)
Equity Options *	Equity Options : NSE: 0.05% on Premium	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures *	Currency Futures : NSE: 0.0009%, BSE: 0.00022%	Currency Futures : NSE Rs 130 per Cr (0.0013%) \| BSE Rs 26 per Cr (0.00026%)
Currency Options	Currency Options : NSE: 0.035%, BSE: 0.001%	Currency Options : NSE Rs 2900 per Cr (0.029%) \| BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	Commodity : MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%	Commodity : Group A - Rs 290 per Cr (0.0029%)
	Open Account	Open Account

Kotak Securities vs Upstox Other Charges

Kotak Securities Minimum Brokerage is Rs 21 per executed order and Call & Trade is Rs 50 per call . Upstox Minimum Brokerage is 0.05% and Call & Trade is Rs 20 per trade .

	Kotak Securities	Upstox
Minimum Brokerage	Minimum Brokerage : Rs 21 per executed order	Minimum Brokerage : 0.05%
Call & Trade	Call & Trade : Rs 50 per call	Call & Trade : Rs 20 per trade
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% of transaction value (minimum Rs 20)	DP Charges (on sell side) : ₹13 plus ₹5.50 (CDSL charges) per scrip.
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Auto Square-off Charges: Rs 50
	Open Account	Open Account

Kotak Securities vs Upstox Features

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

	Kotak Securities	Upstox
Trading Platform	Trading Platform : Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	Trading Platform : Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : No
Unique features & Offers	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.	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : No
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Kotak Securities vs Upstox Demat Account Charges

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

	Kotak Securities	Upstox
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : Rs 249
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Nil
AMC	AMC : Rs 600 per year	AMC : Rs 0
Dematerialisation Charges	Dematerialisation Charges : Rs. 150 per certificate + Rs. 50 per request courier charges	Dematerialisation Charges : Rs 2.00 per certificate plus courier charges of Rs 35 per demat request
Rematerialisation Charges	Rematerialisation Charges : Rs.10 for 100 securities (Minimum payable Rs.15)	Rematerialisation Charges : Rs 25 per certificate or 0.05% of the value whichever is higher.
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : 0.04% + NSDL charges (minimum Rs 20)	Transaction Charges (debit) : Rs 13 + Rs 5.50 (CDSL charges) per scrip.
Pledge Creation Charges	Pledge Creation Charges : Rs 20 per ISIN	Pledge Creation Charges : 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Rs 20 per ISIN	Pledge Creation Confirmation Charges : 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.
Pledge Invocation Charges	Pledge Invocation Charges : Rs 20 per ISIN	Pledge Invocation Charges : 0.05% of the transaction charges subject to a minimum of Rs 50
Failed Instruction Charges	Failed Instruction Charges : -	Failed Instruction Charges : Rs 50 per transaction
Other Charges	Other Charges : -	Other Charges : Demat Rejection Charges: Rs 35 per rejection for every 500 gms. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.
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Kotak Securities vs Upstox Basic Details

Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 1290410 and Total Number of Branches is 153 . Upstox Year of Incorporation is 2012 and Total Number of Clients is 5596268 and Total Number of Branches is 4 .

	Kotak Securities	Upstox
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2012
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE,MCX	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : Yes	Demat Services : No
Website	Website : http://www.kotaksecurities.com	Website : www.upstox.com
Contact Details	Contact Details : 1800222299	Contact Details : +91-22-6130-9999
Total Number of Clients	Total Number of Clients : 1,290,410	Total Number of Clients : 5,596,268
Total Number of Branches	Total Number of Branches : 153	Total Number of Branches : 4
Products *	Products : Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution	Products : Upstox Pro Web,Upstox Pro Mobile, Nest Desktop.
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Kotak Securities vs Upstox Orders

Orders

	Kotak Securities	Upstox
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) : No
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) : No
Sell Today Buy Tomorrow (STBT) *	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
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Kotak Securities vs Upstox Research and Advice / Trading Tips

Research and Advice / Trading Tips

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

Kotak Securities vs Upstox Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Kotak Securities	Upstox
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Minimum deposit of Rs 3 lakh (negotiable)	Investment required for Franchisee / AP : -
	Open Account	Open Account

Kotak Securities vs Upstox Product & Services

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

	Kotak Securities	Upstox
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	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 : Yes	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : Yes	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : No	Margin Calculator : Yes
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
	Open Account	Open Account

Kotak Securities vs Upstox Customer Services

Kotak Securities and Upstox 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:

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

Kotak Securities vs Upstox Other Investement

Kotak Securities and Upstox 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:

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

Kotak Securities vs Upstox Trading Platform

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

	Kotak Securities	Upstox
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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	Open Account	Open Account