India Infoline vs Kotak Securities – Point by Point Comparison

Nowadays share companies are just the link between the person in need of help and the helper. These companies hire brokers and help them meet the client. But it depends on the company that the quality of their brokers is determined. Indian Infoline and Kotak Securities both have superior quality brokers available at any time to help the clients. Indian Infoline and Kotak Securities both provide full broker service. Fees for opening trading account are same in both the companies and it costs 750 INR. Kotak Securities give a facility free registration of a Demat account. But Indian Infoline charge 555 INR. Although Indian Infoline charges registration fees, its annual maintenance cost is almost half of Kotak Securities. Therefore, both the companies are equally good. Many brokerage charges are there in both the companies. Equity Intraday Charges, Equity Future Charges, Currency Future Charges, Commodity Charges are 0.05% and these change according to the position of the share market. Trading through mobile can be done in both the companies. All the notifications regarding your stocks are given by text message and emails. Join either of the companies and increase your profit without much effort.

    India Infoline Kotak Securities
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 750 Rs. 750
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 600
Brokerage Charges Equity Delivery Charges 0.50% 0.49%
Equity Intraday Charges 0.05% 0.05%
Equity Future Charges 0.05% 0.05%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 100
Currency Futures Charges 0.05% NA
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher NA
Commodity Charges 0.05% 0.07%
Minimum Brokerage Charges Rs. 0.05 per share Rs. 21 per executed order
Transaction Charges Equity Delivery 0.00% 0.10%
Equity Intraday 0.00% 0.025% on selling ledger
Equity Futures 0.00% 0.01%
Equity Options 0.051% on Premium 0.02%
Currency Futures 0.00% 0.01%
Currency Options 0.051% on Premium 0.02%
Commodity 0.00% 0.00%
Features 3-in-1 Account N Y
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y N
Bond/ NCD NA Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y NA

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