Kotak Securities vs Angel Broking – Point by Point comparison

A Kotak security limited is a part of Kotak Mahindra bank and is a full services broker. Angel broking too offers full service broker services. Kotak securities Ltd. is one of the oldest brokers in India and provides several investment options. Angel broking was incorporated in 1987 and has successfully been able to emerge as the top 3 broking houses in India.

Now, they differ from each other and on comparing the two it is seen that Kotak services ltd. offers a 3-in-1 account while on the other hand angel securities allows the trade incommodity exchanges, MCX and NCDEX. The 3-in- one account offered by the kotak is the combination of broker account, bank account and a demat account as a result of which the stock market investments become easy for beginners. Angel trading has high quality research reports and has easy to use online trading platforms. It offers five trading platforms to its customers namely angel eye, angel speedpro, angel trade, angel lite and angel swift.

A Kotak security limited has 0.01% equity futures and angel broking has 0.0019% equity futures.

The latter one has debt investment option available which isn’t there in the prior’s case.

Kotak Securities Angel Broking
Basic Information Type of Broker Full Service Broker Full Service
Fees for Opening Trading Account Rs. 750 Rs. 600
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 600 Rs. 300
Brokerage Charges Equity Delivery Charges 0.49% 0.1% to 0.4%
Equity Intraday Charges 0.05% 0.1% to 0.4%
Equity Future Charges 0.05% 0.1% to 0.4%
Equity Options Charges Rs. 100 Rs. 30 to Rs. 50 per lot
Currency Futures Charges NA 0.1% to 0.4%
Currency Options Charges NA Rs. 12 to Rs. 15 per lot
Commodity Charges 0.07% 0.1% to 0.4%
Minimum Brokerage Charges Rs. 21 per executed order Rs. 0.10 per share
Transaction Charges Equity Delivery 0.10% 0.00%
Equity Intraday 0.025% on selling ledger 0.00%
Equity Futures 0.01% 0.00%
Equity Options 0.02% 0.05% on Premium
Currency Futures 0.01% 0.00%
Currency Options 0.02% 0.05% on Premium
Commodity 0.00% For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%
Features 3-in-1 Account Y N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform NA Angel Lite, Angel Swift, Angel Eye & Speed Pro
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt N Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results NA Y

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