Angel One vs ICICI Direct vs Kotak Securities

Broker Comparison

Angel One

(3.2) Open Demat Account

ICICI Direct

(3) Open Demat Account

Kotak Securities

(3.1) Open Demat Account
Basic Details
Broker Type
Broker Type Full Service Broker Full Service Broker Full Service Broker
Account Opening
Account Opening Free Free Free
Account Maintenance
Account Maintenance ₹ 240 ₹ 700 ₹ 600
Broker Ratings
Usability (3) (3) (2.8)
Charged (4) (2.5) (3)
Customer Service
Customer Service (2.5) (3.5) (3.5)

Frequently Asked Questions

Brokerage charge is the fee charged by the broker in exchange for the buying & selling of securities or trade executed by the customers.

These charges are payable by the investors on every transaction. However, Kotak Securities charges Zero brokerage for intraday trades across Cash, Futures & Options, and Currency & Commodity segments.

When it comes to Equity delivery, their brokerage charges are Zero too for customers under 30 years of age through the Trade Free Youth Plan and 0.25% of the transaction value if customers are above 30 years through the Trade Free Plan.

In case a customer wants to avail lower interest rate benefit through Margin Trading Facility, he/she can subscribe to the Trade Free Max Plan.

Click here to learn more in detail about the brokerage charges of Kotak Securities.

The cost of opening a demat account with Kotak Securities is free. However, there are other charges associated with having a demat account with Kotak Securities which include safety charges (custodian fee), annual maintenance charges, and transaction charges, depending upon the value of securities.

The 3-in-1 account of Kotak Securities includes a demat account and an online trading account with Kotak Securities and a bank account with the Kotak Mahindra Bank. You can open a 3-in-1 account with Kotak Securities by following the below steps:

  • Fill out their online application form and submit the required documents.

  • After filling out the form, call their toll free numbers 1800 222 299 / 18002099191 

  • Or, visit the nearest Kotak Securities branch office.

A retail trading and investment service, ICICI Direct, is a part of ICICI Securities, the largest retail stock broker firm in India. ICICI Direct offers 'online trading and investment' services to more than 20 lakhs customers. It offers services online as well as through a network of branches across India.

Opening a trading account with ICICI direct is free of cost irrespective of the plan you have chosen. However, the other charges like brokerage, maintenance, margin, other charges depend upon the product, segment and the plan you have chosen.

ICICI Direct provides a range of trading and investment options, thus giving new investors a platter to choose from. Also, the company offers free research and advisory services, which makes it easier for stock market beginners who need hand-holding, to start their investment journey and further provides them with a convenient trading experience.

Angel One is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel One has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel One, with its modern technology and functional trading platform, serves their best when it comes to investment and trading advisory services. And it is also known for its transparent working policies and ethical practices.

You can open a Demat account in Angel One in 2 ways:

1. Online Account Opening (Digital KYC)

  • Go to the Angel One website and go to the account opening page. 

  • Fill the application form, submit all the essential documents for In-person KYC verification and identity verification.

  • Pay the charges associated with the Demat account.

  • On the complete verification of the document, your Demat account opens, the confirmation mail will be sent to you on your registered mail ID.

2.  Visit Angel Branch Office.

Angel One offers account opening through the online Digital Know your Customer (D-KYC) process. It takes 24 hours to get the activation details. This is the fastest way of opening a Demat and trading accounts.