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|
|Exchanges||BSE, NSE, MCX, MCX-SX & NCDEX||BSE, NSE, MCX, MCX-SX|
|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 Options||0.02%||0.05% on Premium|
|Currency Options||0.02%||0.05% on Premium|
|Commodity||0.00%||For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%|
|Acceptance of Orders After Trading Hours||Y||Y|
|Trading Platform||NA||Angel Lite, Angel Swift, Angel Eye & Speed Pro|
|Investment Services||Stock/ Equity||Y||Y|
|IPO (Initial Public Offers)||Y||Y|
|Customer Support||24/7 Customer Support||N||N|
|Online Live Chat||Y||Y|
|Reports||Daily Market Report||Y||Y|
|Quarterly Analysis of Results||NA||Y|