Kotak Securities vs HDFC Securities- Brokerage charges, Demat, AMC, App

By TBS Team | February 28, 2024

With the rise of the stock market, there has been a great debate between HDFC securities and Kotak Securities. Many people are wondering which one is the better investment. In this article, we will compare and contrast in terms of their platforms, customer service, fees, and more of the two companies to help you make a decision.

About HDFC Securities-

An established full-service stock broker in India since 2000, HDFC Securities is one of the top names in the industry. HDFC Bank’s subsidiary HDFC Securities was founded. Customers may trade and invest in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), currency derivatives, commodities, stock portfolios, and more through the firm. A SEBI-registered broker, HDFC Securities participates in the BSE, NSE, MCX, CDSL, and NSDL exchanges.

In addition to offering more than 30 products, HDFC Securities has more than 1,800,000 clients in a variety of industries. In India, the firm has more than 270 branches.

The least expensive brokerage is charged by HDFC Securities, which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity delivery. A 3-in-1 account from HDFC Securities combines a trading, a savings bank, and a Demat account. For all of their investments, customers will just require one account.

HDFC Securities Features-

  • Instant online account opening without documentation.
  • a single location for all of your assets.
  • many trading platforms and choices.
  • The equity delivery market’s lowest brokerage rate is 0.10% per deal.
  • Deep Portfolio Tracking.
  • Call &Trade service and 24/7 help.
  • enCash Facility allows you to receive a payout of up to Rs 5 lakhs on the same day.
  • Service of a Relationship Manager.
  • Facility for Margin Trading.
  • Different Brokerage plans
  • Registration for Basket Investment is free.
  • Establishing a 3-in-1 account.

Opening an HDFC Trading and HDFC Demat Account is a simple process. The following 6 steps may be used to open an account with HDFC Securities using their website or app:

  • Enter mobile number & OTP
  • Enter Personal Details
  • Add Bank Details
  • Choose Trading Plan
  • Complete Video In-Person Verification
  • Aadhaar-based E-KYC/Upload &; E-Sign documents

HDFC Securities Trading Software (HDFC Securities Trading Platforms)
Multiple investing platforms are provided by HDFC Sec. Both novice and seasoned investors can use these trading platforms. A browser-based trading website, a mobile trading app, and an installable trading terminal are all forms of trading software that are readily available.

1. HDFC Securities website

Modern Online 2.0 technology was used to build the web platform, guaranteeing a seamless trading experience on both the BSE and the NSE.

2. HDFC Securities Mobile App

All devices, including Android and iPhone models, are compatible with the mobile trading app. The mobile app offers a variety of functions, including frequent alerts, rapid IPO applications, investment tracking, live market news and statistics, and more.

3. Pro-Terminal

Pro-Terminal is an installable software platform that provides traders with quick and effective performance. Users of HDFC Pro-Terminal receive real-time information and support for helping them make educated market decisions by collecting data from thousands of sources across the globe.

About Kotak Securities LTD-

Kotak Securities Ltd., an Indian full-service stock broker founded in 1994, provides retail investors with 3-in-1 accounts (Bank + Trading + Demat Account). It provides investment opportunities in stocks, mutual funds, and derivatives (stocks, commodities, and currencies). Additionally, it provides third-party goods including insurance, research, margin trade finance, depository services, and portfolio management services (PMS). Additionally, the business offers direct access to US markets.

One of the top private banks in India, Kotak Mahindra Bank, is the parent company of Kotak Securities. In 361 locations, Kotak Securities has 153 branches and 1332 franchisees that provide its services.

Kotak Securities Features-

  • more than 25 years of experience
  • as a distinguished Kotak Mahindra Bank subsidiary.
  • Three-in-one accounts (bank, trading, and Demat) are available.
  • presence in 393 cities physically.
  • Free research on mutual funds, derivatives, macroeconomics, and technical and fundamental analysis.
  • Several brokerage programs to choose from.

Account Types-

1. Trinity Account (3-in-1 account)-

The Trinity account from Kotak is a 3-in-1 account that combines a trading account, a Demat account, and a savings bank account. Trading and investing in IPOs, bonds, ETFs, ESOPs, derivatives, and stocks are made easy and hassle-free.

2. 2-in-1 Account-

A trading account and a depository receipts account are combined in the Kotak Securities 2-in-1 account. Investors have a choice of outside bank accounts.

3. Private Client Group-

A unique service aimed at meeting the demands of high net worth (HNI) people is the Private Client Group. It provides a wide range of products, a committed relationship manager, and in-depth analysis.

4. NRI Account-

The NRI account from Kotak enables foreign investors to trade on Indian stock exchanges. Savings, trading, and a Demat account are all triple benefits of the 3-in-1 NRI account. NRI investors can trade in bonds, ETFs, ESOPs, stock, derivatives, and other securities using this account.

Kotak Securities vs HDFC Securities

Both brokers provide investments in equity, F&O, currency, and commodities and are registered with SEBI. While HDFC Securities’ brokerage is between.05 and.5%, that of Kotak Securities is between Rs. 20 and Rs. 20 per order. Full-service brokers describe both brokers. Additionally, both brokers received the same total score of 4 out of 5. There are 11,79,053 active clients with HDFC Securities, compared to 11,76,526 active consumers with Kotak Securities. Compared to Kotak Securities, HDFC Securities serves a larger number of clients.


Brokerage Charges Compare Kotak Securities HDFC Securities
Plan Name Kotak Securities Trade Free Plan Percentage based brokerage plan
Equity Delivery 0.25% or Rs 20 whichever is higher 0.50%
Equity Intraday Free 0.05%
Equity Futures Delivery: Rs. 20 per order| Intraday: Free 0.05%
Equity Options Delivery: Rs. 20 per order| Intraday: Free Higher of 0.1% of Premium or Rs 100 per lot
Currency Futures Delivery: Rs. 20 per order| Intraday: Free Rs 23 per lot
Currency Options Delivery: Rs. 20 per order| Intraday: Free Rs 20 per lot
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Rs. 20 per order, Options: Rs. 100 per lot
Minimum Brokerage Rs 21 per executed order Rs 25
Hidden Charges No Yes
Funding 12.49% interest PA Yes – 18% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free
Auto Square off Charges 20 calls free and after that Rs 20 per call Free
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for HDFC Securities


Disclaimer: This blog is written for educational purpose only. Data, Securities, Advisory and Quotes mentioned here are for guidance only. Doing research by investors itself is highly recommended.

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