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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
Brokerage 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 - -
Commodity NA NA - -

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
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
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)

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

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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FAQs

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra address. Maharashtra clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.