Compare Kotak Securities
Kotak Securities
BMA Wealth Creators
BMA Wealth Creators

Background

Year of Incorporation 1994 2004
Website http://www.kotaksecurities.com http://www.bmawc.com
Phone 1800 222 299 1800 3000 1099
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL 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 145.1 Crores Rs 13.6 Crores
Profit after Tax FY12/13 Rs 123.8 Crores Rs 4.4 Crores
Profit after Tax FY13/14 Rs 163.6 Crores - Rs 20.1 Lakhs
Profit after Tax FY 14/15 Rs 283.3 Crores - Rs 16.9 Crores
Profit after Tax FY 15/16 Rs 251.5 Crores Rs 42.7 Lakhs
Profit after Tax FY 16/17 Rs 365.2 Crores Rs 38.4 Lakhs
Debt FY11/12 Rs 121 Crores Rs 78.6 Crores  
Debt FY12/13 Rs 91 Crores Rs 62.9 Crores  
Debt FY13/14 Rs 69 Crores Rs 72.8 Crores  
Debt FY14/15 Rs 567 Crores Rs 16.05 Crores  
Debt FY15/16 Rs 1973 Crores Rs 69.4 Crores
Debt FY 16/17 Rs 988.9 Crores Rs 52.03 Crores
Profit to Equity(%) FY11/12 8.40 59.52
Profit to Equity(%) FY12/13 5.92 9.42
Profit to Equity(%) FY13/14 8.28 0.41
Profit to Equity(%) FY14/15 13 (86)
Profit to Equity(%) FY15/16 10.3 1.3
Profit to Equity(%) FY16/17 14 1
Balance Sheet Size FY11/12 Rs 3094 Crores Rs 158.9 Crores
Balance Sheet Size FY12/13 Rs 2980 Crores Rs 158.4 Crores
Balance Sheet Size FY13/14 Rs 3323 Crores Rs 185.5 Crores
Balance Sheet Size FY14/15 Rs 4649 Crores Rs 60.4 Crores
Balance Sheet Size FY15/16 Rs 4262 Crores Rs 245.2 Crores
Balance Sheet Size FY16/17 Rs 6564.2 Crores Rs 241.5 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 in December. 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 2,23,280 35,240
Active clients - 2014 2,68,459 39,531
Active clients - 2015 2,46,945 32,400
Active clients - 2016 2,57,563 29,914
Active clients - 2017 3,42,482 28,678
Active clients Rating


Brokerage

Equity 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.01/0.1 if brokerage paid upfront Upfront Brokerage: 0.03%/0.3% to 0.01%/0.1% for Intraday/Delivery
Equity Futures 0.05% - Reduces upto 0.01% if brokerage paid upfront Upfront Brokerage: 0.03% to 0.01% of Turnover
Equity Options Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront Upfront Brokerage: Rs 50/lot to Rs 10/lot
Currency Futures 0.05% - Reduces upto 0.01% if brokerage paid upfront Upfront Brokerage: 0.03% to 0.01% of Turnover
Currency Options Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront Upfront Brokerage: Rs 50/lot to Rs 10/lot
Commodity 0.05% - Reduces upto 0.01% if brokerage paid upfront Upfront Brokerage: 0.03% to 0.01% of Turnover
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 750 Rs 1000
Commodity Rs 250 Nil
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 0.0049%  
Futures 0.00436% of Turnover   0.0049%
Options 0.0594% of Premium Turnover 0.0071%  
Commodities 0.00436% of Turnover   0.0035%
AMC charge Rs 50/Month   Rs 350/Year
DP Transaction Charge 0.04% or Rs 27/debit transaction whichever is higher   Rs 15 or 0.03% whichever is higher
Offline order placing Charge Rs 20/call after the first 20 orders every month Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 Days 22 Days on NEST
End of Day 5 Years 10 Years on NEST
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum Upto 10 times Intraday, & upto 2 times for Delivery @interest
Equity Futures Upto 5 times Intraday Upto 4 times for Intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Buying no Leverage, for Shorting upto 4 times
Currency Futures Upto 2 times Intraday Upto 2 times for Intraday
Currency Options Buying No Margin, Shorting upto 2 times for Intraday Buying no leverage, for Shorting upto 2 times
Commodity Upto 2 times Intraday Upto 4 times for 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