SBICAP Securities vs Kotak Securities – Point by Point Comparison

  SBICAP Securities Kotak Securities
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 850 Rs. 750
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 350 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 Rs. 100
Currency Futures Charges 0.03% NA
Currency Options Charges Rs. 30 per lot NA
Commodity Charges NA 0.07%
Minimum Brokerage Charges Re. 0.05% for cash & Re. 0.01 for future Rs. 21 per executed order
Transaction Charges Equity Delivery For BSE: 0.00384% & NSE: 0.00386% 0.10%
Equity Intraday For BSE: 0.00384% & NSE: 0.00386% 0.025% on selling ledger
Equity Futures For NSE: 0.002206% (i.e. Rs. 221 per crore) 0.01%
Equity Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) 0.02%
Currency Futures 0.00% 0.01%
Currency Options For NSE: 0.05515% (i.e. Rs. 5515 per crore) 0.02%
Commodity NA 0.00%
Features 3-in-1 Account Y Y
Mobile Trading N Y
Acceptance of Orders After Trading Hours N Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform ODIN NA
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y N
Bond/ NCD Y 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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