Broker Comparison |
Axis Direct(3.3) Open Account |
Kotak Securities(3.1) Open Account |
Angel One(3.2) Open Account |
|---|---|---|---|
| Basic Details | |||
| Broker Type | |||
| Broker Type | Full Service Broker | Full Service Broker | Full Service Broker |
| Account Opening | |||
| Account Opening | ₹ 499 | Free | Free |
| Account Maintenance | |||
| Account Maintenance | ₹ 790 | ₹ 600 | ₹ 240 |
| Broker Ratings | |||
| Usability | |||
| Usability | (3.5) | (2.8) | (3) |
| Charged | |||
| Charged | (2.5) | (3) | (4) |
| Customer Service | |||
| Customer Service | (4) | (3.5) | (2.5) |
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.
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.
Yes, you can open a demat account with Axis Bank using its AxisDirect feature.
There isn’t any demat account opening charge. But there are other charges. You can view a comprehensive schedule of all charges here.
3-in-1 account is a combo bundle consisting of a Savings bank account, a Trading account and a Demat account. In addition to providing a wide range of investment products, it enables seamless transactions between these three accounts.
Select understands market trends and users' temperaments. That's why you can never go wrong with it.
Informed decision-making on your part is Select's utmost priority. That's why it works as a one-stop shop with multiple money-saving verticals for you. With credible data, technically advanced tools and independent reviews, Select eases the selection process in your major money matters.
Investment Advisory Disclosure:
In terms of the regulatory requirements, you as a user can either avail of our distribution/facilitation services or investment advisory services and not both. The Company shall make all endeavours to ensure segregation of the distribution and advisory activities by not offering both to the same user by placing appropriate post-login disablement/accessibility blocking checks on the website.
However, as a user, it is your responsibility not to subscribe to / avail of the distribution services of this platform in case any of the following is a user of our group company’s product “Reserve by Finology” or “Recipe by Finology” -
• You yourself;
• Your dependent family member (i.e. your spouse, parents or children who invest using your money); or
• family members on whom you are dependent (i.e. spouse, parents or children whose money you invest)
At any point in time, if it is found that you have been availing services of “SELECT” and “RECIPE”/ ”RESERVE” or any other advisory product, together in any of the manner specified above, then in that case the company (including its group companies) have the sole right to decide upon stopping any one service immediately.
Select is a platform of Finology Technologies Private Limited. | © 2024 All Rights Reserved.
Disclaimer | Terms | Privacy