Compare Kotak Securities
Kotak Securities
ICICI Direct
ICICI Direct

Background

Year of Incorporation 1994 2000
Website http://www.kotaksecurities.com http://www.icicidirect.com
Phone 1800 222 299 022-28307700
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE & BSE
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 145.1 Crores Rs 77.1 Crores
Profit after Tax FY12/13 Rs 123.8 Crores Rs 68.2 Crores
Profit after Tax FY13/14 Rs 163.6 Crores Rs 74.9 Crores
Profit after Tax FY 14/15 Rs 283.3 Crores Rs 74.9 Crores
Profit after Tax FY 15/16 Rs 251.5 Crores Rs 235 Crores
Profit after Tax FY 16/17 Rs 365.2 Crores Rs 337 Crores
Debt FY11/12 Rs 121 Crores Rs 209 Crores
Debt FY12/13 Rs 91 Crores Rs 219 Crores
Debt FY13/14 Rs 69 Crores Rs 317 Crores
Debt FY14/15 Rs 567 Crores Rs 226 Crores
Debt FY15/16 Rs 1973 Crores Rs 172 Crores
Debt FY 16/17 Rs 988.9 Crores Rs 395 Crores
Profit to Equity(%) FY11/12 8.40 32
Profit to Equity(%) FY12/13 5.92 21
Profit to Equity(%) FY13/14 8.28 27.07
Profit to Equity(%) FY14/15 13 25
Profit to Equity(%) FY15/16 10.3 66.9
Profit to Equity(%) FY16/17 14 86
Balance Sheet Size FY11/12 Rs 3094 Crores Rs 948 Crores
Balance Sheet Size FY12/13 Rs 2980 Crores Rs 908 Crores
Balance Sheet Size FY13/14 Rs 3323 Crores Rs 1620 Crores
Balance Sheet Size FY14/15 Rs 4649 Crores Rs 1361 Crores
Balance Sheet Size FY15/16 Rs 4262 Crores Rs 1392 Crores
Balance Sheet Size FY16/17 Rs 6564.2 Crores Rs 2040 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 5,00,733
Active clients - 2014 2,68,459 5,94,714
Active clients - 2015 2,46,945 5,60,438
Active clients - 2016 2,57,563 5,91,504
Active clients - 2017 3,42,482 7,52,138
Active clients Rating


Brokerage

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


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 750 Rs 975 for 3 in 1 Account
Commodity Rs 250 NA
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 0.00436% of Turnover   0.0019% of Turnover
Options 0.0594% of Premium Turnover 0.05% of Turnover
Commodities 0.00436% of Turnover   NA
AMC charge Rs 50/Month   Rs 450/Year
DP Transaction Charge 0.04% or Rs 27/debit transaction whichever is higher   Rs 25/Transaction or 0.05% whichever higher
Offline order placing Charge Rs 20/call after the first 20 orders every month 0
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 Days 20 Days
End of Day 5 Years 10 years
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 Intraday upto 25 times & Delivery upto 5 times for interest
Equity Futures Upto 5 times Intraday Upto 4 times for intraday
Equity Options Buying No Margin, Shorting upto 2 times for Intraday Not for buying but upto 2 times for shorting
Currency Futures Upto 2 times Intraday NA
Currency Options Buying No Margin, Shorting upto 2 times for Intraday NA
Commodity Upto 2 times Intraday NA
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