Compare Kotak Securities
Kotak Securities


Year of Incorporation 1994
Phone 1800 222 299
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX
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
Profit after Tax FY12/13 Rs 123.8 Crores
Profit after Tax FY13/14 Rs 163.6 Crores
Profit after Tax FY 14/15 Rs 283.3 Crores
Profit after Tax FY 15/16 Rs 251.5 Crores
Profit after Tax FY 16/17 Rs 365.2 Crores
Debt FY11/12 Rs 121 Crores
Debt FY12/13 Rs 91 Crores
Debt FY13/14 Rs 69 Crores
Debt FY14/15 Rs 567 Crores
Debt FY15/16 Rs 1973 Crores
Debt FY 16/17 Rs 988.9 Crores
Profit to Equity(%) FY11/12 8.40
Profit to Equity(%) FY12/13 5.92
Profit to Equity(%) FY13/14 8.28
Profit to Equity(%) FY14/15 13
Profit to Equity(%) FY15/16 10.3
Profit to Equity(%) FY16/17 14
Balance Sheet Size FY11/12 Rs 3094 Crores
Balance Sheet Size FY12/13 Rs 2980 Crores
Balance Sheet Size FY13/14 Rs 3323 Crores
Balance Sheet Size FY14/15 Rs 4649 Crores
Balance Sheet Size FY15/16 Rs 4262 Crores
Balance Sheet Size FY16/17 Rs 6564.2 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
Active clients - 2014 2,68,459
Active clients - 2015 2,46,945
Active clients - 2016 2,57,563
Active clients - 2017 3,42,482
Active clients Rating


Equity 0.05% for Intraday & 0.5% for Delivery - Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures 0.05% - Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures 0.05% - Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 100/lot - Reduces upto Rs 30/lot if brokerage paid upfront
Commodity 0.05% - Reduces upto 0.01% if brokerage paid upfront
Brokerage Rating

Account Opening Costs

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


Web/HTML 5
Platforms Rating


Intraday 5 Days
End of Day 5 Years
Charting Rating


Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Leverage Provided

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

Support & Tools

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


3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review