Compare ICICI Direct
ICICI Direct
Kotak Securities
Kotak Securities

Background

Year of Incorporation 2000 1994
Website http://www.icicidirect.com http://www.kotaksecurities.com
Phone 022-28307700 1800 222 299
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 77.1 Crores Rs 145.1 Crores
Profit after Tax FY12/13 Rs 68.2 Crores Rs 123.8 Crores
Profit after Tax FY13/14 Rs 74.9 Crores Rs 163.6 Crores
Profit after Tax FY 14/15 Rs 74.9 Crores Rs 283.3 Crores
Profit after Tax FY 15/16 Rs 235 Crores Rs 251.5 Crores
Debt FY11/12 Rs 209 Crores Rs 121 Crores
Debt FY12/13 Rs 219 Crores Rs 91 Crores
Debt FY13/14 Rs 317 Crores Rs 69 Crores
Debt FY14/15 Rs 226 Crores Rs 567 Crores
Debt FY15/16 Rs 172 Crores Rs 1973 Crores
Profit to Equity(%) FY11/12 32 8.40
Profit to Equity(%) FY12/13 21 5.92
Profit to Equity(%) FY13/14 27.07 8.28
Profit to Equity(%) FY14/15 25 13
Profit to Equity(%) FY15/16 66.9 10.3
Balance Sheet Size FY11/12 Rs 948 Crores Rs 3094 Crores
Balance Sheet Size FY12/13 Rs 908 Crores Rs 2980 Crores
Balance Sheet Size FY13/14 Rs 1620 Crores Rs 3323 Crores
Balance Sheet Size FY14/15 Rs 1361 Crores Rs 4649 Crores
Balance Sheet Size FY15/16 Rs 1392 Crores Rs 4262 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 5,00,733 2,23,280
Active clients - 2014 5,94,714 2,68,459
Active clients - 2015 5,60,438 2,46,945
Active clients - 2016 5,91,504 2,57,563
Active clients Rating


Brokerage

Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable 0.05% - Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday - Negotiable Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side - Negotiable 0.05% - Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday - Negotiable Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Commodity NA 0.05% - Reduces upto 0.01% if brokerage paid upfront
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 975 for 3 in 1 Account Rs 750
Commodity NA Rs 250
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0019% of Turnover 0.00436% of Turnover  
Options 0.05% of Turnover 0.0594% of Premium Turnover
Commodities NA 0.00436% of Turnover  
AMC charge Rs 450/Year Rs 50/Month  
DP Transaction Charge Rs 25/Transaction or 0.05% whichever higher 0.04% or Rs 27/debit transaction whichever is higher  
Offline order placing Charge 0 Rs 20/call after the first 20 orders every month
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 20 Days 5 Days
End of Day 10 years 5 Years
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures Upto 4 times for intraday Upto 5 times Intraday
Equity Options Not for buying but upto 2 times for shorting Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures NA Upto 2 times Intraday
Currency Options NA Buying No Margin, Shorting upto 2 times for Intraday
Commodity NA Upto 2 times Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review