ICICIDirect Vs Kotak Securities - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Trading Account Opening Fee ₹975 ₹975 ₹750 ₹750
Trading Account AMC ₹0 ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹600 ₹600

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Monthly Fee NA NA NA NA
Equity Delivery 0.55% 0.75% to 0.25% 0.49% 0.59% to 0.30%
Equity Intraday 0.28% 0.75% to 0.25% 0.05% 0.06% to 0.05%
Equity Future 0.05% to 0.03% 0.05% to 0.03% 0.05% 0.07% to 0.05%
Equity Options ₹95 to ₹35 per lot ₹95 to ₹65 per lot ₹300 2.5% to 1.8%
Currency Futures 0.050% to 0.030% 0.05% to 0.03% - 0.04% or ₹20 per lot
Currency Options ₹25 to ₹10 per lot ₹95 to ₹65 per lot - ₹20 to ₹7.5 per lot
Commodity NA NA 0.07% -

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Equity Delivery ₹310 ₹310 - -
Equity Intraday ₹310 ₹310 - -
Equity Future * ₹200 ₹200 - -
Equity Options * ₹5000 ₹5000 - -
Currency Futures * ₹120 ₹120 - -
Currency Options ₹4000 ₹4000 - -

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Minimum Brokerage ₹35 per trade ₹35 per trade 4 paise for delivery,
3 paise for intraday and futures orders 		4 paise for delivery,
3 paise for intraday and futures orders
Call & Trade Rs 25 per call (20 calls free in a month) Rs 25 per call (20 calls free in a month) ₹20 per call after first 20 free calls ₹20 per call after first 20 free calls
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) 0.04% (Min ₹25 and Max ₹25,000) 0.04% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27)
Other Miscellaneous Charges - - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Depository Service Provider CDSL CDSL CDSL CDSL
Account Opening Fee

Stamp Duty at actuals

Stamp Duty at actuals

Nil

Nil
Advance Deposite

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Nil

Nil
AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )
Dematerialisation Charges

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹50 Per Demat Request Form and ₹10 For Each Certificates

₹3 per certificate plus ₹50 per request

₹3 per certificate plus ₹50 per request
Rematerialisation Charges

₹30 + CDSL charges at actual

₹30 + CDSL charges at actual

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)
Transaction Charges (Credit) - - - -
Transaction Charges (debit)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).
Pledge Creation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30
Pledge Creation Confirmation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30
Pledge Invocation Charges

0.03% or minimum of ₹50

0.03% or minimum of ₹50

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30
Failed Instruction Charges

₹30

₹30

Nil

Nil
Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

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Features

Compare key features offered the brokers.

ICICI Securities Pvt Ltd. Kotak Securities Ltd
I-Secure Plan I-Saver Plan Fixed Brokerage Plan Dynamic Brokerage Plan
Trading Platform Trade Racer Trade Racer KEATProX, FASTLANE KEATProX, FASTLANE

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