5Paisa Vs Kotak Securities – Comparison

5Paisa Vs Kotak Securities

Both of these are two famous trading organizations. They are providing all kind of trading products and features to their consumers. To choose one of them, a trader need to go through the clear comparison of 5Paisa vs Kotak Securities.

5Paisa established in 2016, is a discount broker based on Mumbai, Maharashtra. 

It is a part of IIFL (India Infoline Finance Ltd). They charge low brokerage charges as low as INR.20/-. It has the title of 2nd largest discount broker of India since 2016. 

On the other side, Kotak Securities is also a full-service broker organization. Listed under BSE, NSE, MCX-SX, MCX & NCDEX, it is also a premier brand in the stockbroking industry. Incorporated in 1994 it has a global presence with 1329 branches in 360 cities with millions of customers.

5 Highlighting points:

5Paisa:

  1. It offers marginal funding based on @18% p.a. interest. 
  2. Provides investment through IPOs, NCDs, and Bonds. 
  3. The high-class high-tech platform facilitates trading using desktop, laptop & mobile. 
  4. Flat fee-based brokerage charge. 
  5. Absence of brokerage plan. 

Kotak Securities:

  1. 3-in-1 account facility available.
  2. Don’t have a commodity trading facility.
  3. The dedicated research platform covers 166 stocks.
  4. NRI & Marginal trading available,
  5. A minimum brokerage charge is applicable.
5Paisa Vs Kotak Securities

Comparison on Services: 

Here we have compared 5Paisa & Kotak Securities based on services offered. In terms of brokerage charge & customer service 5Paisa is leading the show. All the other aspect both the broker are similar.

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 ParticularsKotak Securities5paisa
Overall Rating★★★★★★★★
Brokerage Charges★★★★★★★
Trading Platform★★★★★★★★
Investments Offering★★★★★★★★
Customer Service★★★★★★★
Broker Type Full-Service BrokerDiscount Broker
Exchanges Supported BSE, NSE, MCX-SX, MCX, NCDEXBSE, NSE

Comparison on AMC & AOC: 

DEMAT account opening fee & trading AMC are provided for free in both 5Paisa & Kotak Securities. Here we compared both the brokers for comparison between AOF & AMC.

Particulars Kotak Securities5paisa
Trading Account Opening FeesINR.750INR.650 (Free Now Promotion Offer)
Trading AMCFreeFree
DEMAT Account Opening FeesFreeFree
DEMAT AMCINR.600 PAINR.45 PM if Trade, else Zero
Provide DP Service

Comparison on Brokerage Plan: 

Assessing 5Paisa & Kotak Securities based on brokerage plan we get the below-mentioned information. Here we can see from the below table that both the broker doesn’t offer any brokerage plan.

Plan TypesKotak Securities Brokerage5paisa Brokerage
Multiple Plans🞬🞬
Monthly Plans🞬🞬
Yearly Plans🞬🞬

Comparison on Brokerage Charge: 

Comparing 5Paisa & Kotak Securities based on brokerage fee we derived the below-mentioned information. Kotak Securities offers a percentage-based brokerage plan. But 5Paisa offers a flat fee-based brokerage plan. Kotak Securities charges minimum brokerage @INR.21/-per order whereas 5Paisa  doesn’t have any minimum brokerage fee.

ParticularsKotak Securities5paisa
Plan NameFixed Brokerage Trading Plan (Percentage Based)Flat Fee 20 Rupees Trading Plan
Equity Delivery0.49% or 0.49 RupeesFlat Fee 20 Rupees
Equity Intraday0.049% or 0.05 RupeesFlat Fee 20 Rupees
Equity Futures0.049% or 0.05 RupeesFlat Fee 20 Rupees
Equity Options300 Rupees Per LotFlat Fee 20 Rupees
Currency Futures0.02% or 10 Rupees per lot whichever is higherFlat Fee 20 Rupees
Currency Options10 Rupees Per LotFlat Fee 20 Rupees
Commodity TradingNAFlat Fee 20 Rupees
Minimum Brokerage21 Rupees per executed orderNA
Hidden ChargesNoNo
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade Charges20 calls Free and after that 20 Rupees per call100 Rupees per call(No limit of orders)

Comparison on Administrative Charge: 

Considering 5Paisa & Kotak Securities based on the administrative charge we get the below details. We can see from the below table that transactional charge of Kotak Securities & 5Paisa is similar in terms of the product segments.

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ParticularsKotak Securities5paisa
Equity Delivery Charges325 Rupees Per Cr325 Rupees Per Cr
Equity Intraday Charges325 Rupees Per Cr325 Rupees Per Cr
Equity Futures Charges190 Rupees Per Cr190 Rupees Per Cr
Equity Options Charges5000 Rupees Per Cr5000 Rupees Per Cr
Currency Futures Charges110 Rupees Per Cr110 Rupees Per Cr
Currency Options Charges4000 Rupees Per Cr4000 Rupees Per Cr
Commodity ChargesNANA

Comparison on Account Feature:

Based on account feature offering we here have compared 5Paisa & Kotak Securities as below.

ParticularsKotak Securities5paisa
3 in 1 Account facility🞬
Charting facility
Algo Trading facility🞬
SMS Alerts service
Online Demo facility
Online Portfolio service🞬
Margin Trading Funding Available🞬
Combined Ledger for Equity and Commodity🞬
Intraday Square-off Time facility3:15 PM3:15 PM
NRI Trading facility🞬
Other FeaturesTrading software terminal: Keat Pro XNIL

Comparison on Trading Terminal: 

Assessing the trading terminal offering we here compared 5Paisa & Kotak Securities below.

ParticularsKotak Securities5paisa
Desktop Trading PlatformKEAT Pro X5paisaTradeStation
Desktop Platform (Windows)
Desktop Platform (Mac)🞬🞬
Web Trading Platform
Web Trading Detailhttps://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stathttps://www.5paisa.com/online-trading
Mobile Site🞬
Mobile Trading
Mobile Trading AppKotak Stock Trader5paisa Mobile App
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesYes, DirectTrade – INR. 2999 PAFree

Comparison on Product: 

Here we compared 5Paisa & Kotak Securities based on their product offering.

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ParticularsKotak Securities5paisa
Equity Cash and F&O
Currency Derivatives
Commodity🞬
Online IPO Application🞬
Mutual Funds
Bond / NCD
ETF
Banking🞬
Insurance
Forex🞬🞬
MF SIP Investment
Equity SIP Investment🞬
PMS Service🞬🞬
Other Investment OptionsNILNIL

Comparison on Leverage: 

Considering the Exposure/Margin we here have compared 5Paisa & Kotak Securities as below.

ParticularsKotak Securities Margin5paisa Margin
Equity Delivery Margin Maximum 5x via Margin Funding system.Maximum 3.5x via Margin Funding method.
Equity Intraday Margin Maximum 10x or 10% subject to Variable and ELM.Maximum 10x or 10% subject to Variable and ELM.
Futures Margin 1x or the particular SPAN + Leverage.1x or the particular SPAN + Leverage.
Options Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.
Equity CO Margin Maximum 10x or 10% subject to Variable and ELM, No further leverage charges are included for Cover Order.Maximum 10x or 10% subject to Variable and ELM, No further leverage charges are included for Cover Order.
Futures CO Margin 1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.
Options CO Margin 1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order.1x or the particular SPAN + Exposure margin (Selling a share) or Premium Margin (Buying a share), No further leverage charges are included for Options Cover Order.
Commodity Margin 1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium Margin in Buying a share.

Comparison on Customer Care:

Getting assistance for trading is the basic need of any service organization. 5Paisa & Kotak Securities here have been compared based on their customer support paths to rescue their investors.

ParticularsKotak Securities5paisa
24/7 Customer Service 🞬🞬
Email Support 
Online Live Chat 🞬
Phone Support 
Toll-Free Number 🞬
Through Branches 🞬
Customer Care Number 18002099191 /
18002099292
“+91 89766 89766”
Account Opening Process OfflineOnline/Paperless
Customer Support Email [email protected][email protected]
Knowledge Centre /Education kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs5paisa.com/knowledge-centre
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
5paisa headquarters
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane – 400604
Website kotaksecurities.com5paisa.com
open Kotak Securities demat account

Comparison on DEMAT Account Offering: 

Considering the DEMAT account feature offering here we contrasted  5Paisa & Kotak Securities in the below table.

 Particulars Kotak Securities5paisa
DP SourceCDSLCDSL
DP ID 4920082500
DEMAT Account Annual Maintenance Charges(AMC)Monthly Plan – INR.65 (Up to 10 Transaction), INR.50 (between 11 to 30 transaction), INR.35 (above 30 transactions)Monthly Plan – INR.45 (In case of any transaction in a month)
Advance DepositNANIL
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.04% (Min INR.27) + CDSL charges0.025% or INR.25 whichever is higher + CDSL charges
DEMATINR.3 per certificate + INR.50 courier chargesINR.15 per certificate
REMATINR.10 for every hundred securities (Min INR.15)INR.15 for every hundred securities or INR.15 per certificate whichever is higher
Pledge Creation0.05% of the transaction value (Min INR.30)INR.50
Pledge Creation Confirmation0.05% of the transaction value (Min INR.30)NIL
Pledge Closure0.05% of the transaction value (Min INR.30)NIL
Pledge Closure Confirmation0.05% of the transaction value (Min INR.30)NIL
Pledge Invocation0.05% of the transaction value (Min INR.30)NIL
Failed Instruction ChargesNilNil
Other ChargesNilNil
open 5 paisa demat account

Conclusion:

5Paisa & Kotak Securities both are large & renowned brands in the Indian Share /Stock-broking industry. Both have different rewards and both have some obstructions. But an individual investor should choose wisely which broker will be best fitted for his needs. 

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