Kotak Securities Vs Upstox: Side By Side Comparison

In this page, I am providing side by side comparison of Kotak Securities Vs Upstox

Kotak Securities is a brokerage arm of Kotak bank and hence provide 3-in-1 demat account. It enables seamless transfer of funds within the accounts. Brokerage of this broker is on higher side.

Upstox falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges.

There are lot of differences between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of Kotak Securities Vs Upstox:

Parameters	Kotak Securities	Upstox
Review	Kotak Securities	Upstox Review
Type of Broker	Full Service Broker	Discount Broker
Incorporation Year	1994	2012
Supported Exchanges	NSE & BSE	NSE, BSE,MCX and MCX-SX
Account Related Charges
Trading Account Opening Fees	Rs 750	Rs 150
Trading Account AMC	Rs 0	Rs 0
Demat Account Opening Fees	Rs 0	Rs 150
Demat Account AMC	Rs 600	Rs 0
Brokerage Charges
Equity Delivery Brokerage	0.49%	Rs 0
Equity Intraday Brokerage	0.049%	Rs 20 per executed order
Equity Futures Brokerage	0.049%	Rs 20 per executed order
Equity Options Brokerage	Rs 100/lot	Rs 20 per executed order
Currency Futures Trading Brokerage	0.04%/div>	Rs 20 per executed order
Currency Options Trading Brokerage	Rs 20/lot	Rs 20 per executed order
Commodity Trading Brokerage	0.049%	Rs 20 per executed order
Minimum Brokerage Charges	4 Paise for delivery and 3 Paise for intraday trade	NIL
Monthly Unlimited Plans
Brokerage Calculator	Kotak Securities Brokerage Calculator	Upstox Brokerage Calculator
Transaction Charges
Equity Delivery	0.0031%	0.00325%
Equity Intraday	0.0031%	0.00325%
Equity Futures	0.00180%	0.00210%
Equity Options	0.050% (On Premium)	0.055% (On Premium)
Currency Futures	0.00120%	0.00150%
Currency Options	0.050% (On Premium)	0.060% (On Premium)
Commodity	NA	0.0026%
Exposure
Equity	Upto 15 times Intraday and 3 times Delivery	Upto 20 times Intraday
Equity Futures	Upto 5 times Intraday	upto 4 times
Equity Options	Upto 2 times Intraday	upto 4 times
Currency Futures	Upto 2 times Intraday	upto 4 times
Currency Options	Upto 2 times Intraday	upto 4 times
Commodities	Upto 2 times Intraday	upto 3 times
Features
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform	KEAT PRO X, Kotak Stock Trader, Fastlane and Xtralite	Upstox , Upstox PRO and NEST
Investment Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Customer Service Channels
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers
Research Reports/Tips/Recommendations
Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory
Promotional Offers
	NIL	Zero Account Opening Charges

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Kotak Securities with other Brokers:

Point By Point Comparison of Upstox with other Brokers:

You can compare any two stock brokers of your choice by visiting Comparison of Indian Stock Brokers page