Sharekhan Vs Kotak Securities- Analytical Assessment

Sharekhan Vs Kotak Securities Comparision

Kotak Securities Ltd (a subsidiary company of Kotak Mahindra Bank) founded in 1994, offers stock-broking, mutual fund, insurance, commercial banking, to an individual as well as NRI investors. As per the classification, it is a full-service broker house having 1329 branches & more than 13 lakh customers.

Sharekhan Vs Kotak Securities

Whereas, Sharekhan is notable for being customer service friendly. Sharekhan is also a full-service brokerage house offering a huge variety of products to the customers.

As per the updated information, it has more than 19 lakhs customers with 2800 branches all over India.                                                            



  1. Famed up for providing a detailed market trend report.
  2. It has a minimum brokerage charge.
  3. Provides margin funding 
  4. Don’t charge account opening for Trading & DEMAT.


  1. It provides a DEMAT account for free. 
  2. The minimum brokerage charge is free.
  3. It has many branches and a good number of the customer base. 
  4. Provides a 3-in-1 account to the customer.

Relative assessment on Service: 

Both Sharekhan & Kotak Securities are famed for their services. We have compared them marking their service with stars. Go through the below table for details:

 ParticularsKotak SecuritiesSharekhan
Overall mark ★★★★★★★★
Marks on Brokerage Charges★★★★
Marks on Trading Platform★★★★★★★★★
Marks on Investments Offering★★★★★★★★★★
Marks on Customer Service★★★★★★★
Category of Broker Type Full-service BrokerFull-service Broker

AMC & Account opening charge: 

Kotak Securities charge for opening trading account whether the DEMAT account opening is free. Also here is the charge for DEMAT account AMC, whereas trading account AMC is free.

Sharekhan offers both trading & DEMAT account opening for free. They also offer Trading account AMC for free, but the AMC for the DEMAT account is chargeable. 

ChargesKotak SecuritiesSharekhan
Account Opening Fees- Trading INR. 750/-ZERO
Account Opening Fees- DEMATZEROZERO
AMC: DEMATINR. 600/- p.a.INR. 400/- p.a. (Waived for 1st year)
Provide DP ServiceYESYES
Kotak Securities Acoount

Relative assessment on Brokerage Plan:

Where Kotak Securities don’t have any of the plans (Multiple, Monthly or yearly) plans to offer, Sharekhan has only the multiple plan options for the traders. 

Plan TypesKotak SecuritiesSharekhan
Multiple PlansNOYES
Monthly PlansNONO
Yearly PlansNONO

Sharekhan Vs Kotak Securities Brokerage Charge: 

Sharekhan & Kotak Securities both offer a percentage-based brokerage plan. Also, both broker houses don’t have any hidden charges.

The minimum brokerage charge for Sharekhan is INR. 20/- whereas, minimum brokerage charge for Kotak Securities is INR. 21/-. Details mentioned hereunder: 

ParticularsKotak SecuritiesSharekhan
Plan NameFixed Brokerage Trading Plan (Percentage Based)Classic Trading Plan (Percentage Based)
Equity Delivery0.49% or 0.49 Rupees0.5% or 0.5 Rupees
Equity Intraday0.049% or 0.05 Rupees0.1% or 0.1 Rupees
Equity Futures0.049% or 0.05 Rupees0.1% or 0.1 Rupees
Equity Options300 Rupees Per Lot2.5% of Premium or 250 Rupees per lot whichever is higher
Currency Futures0.02% or 10 Rupees per lot whichever is higher0.1% or 0.1 Rupees
Currency Options10 Rupees Per Lot2.5% of Premium or 30 Rupees per lot whichever is high
Commodity TradingNA0.1% or 0.1 Rupees
Minimum Brokerage21 Rupees per executed order20 Rupees
Hidden ChargesNoNo
FundingYes – 18% interest PAYes – 18% interest PA
Call & Trade Charges20 calls Free and after that 20 Rupees per callFree

Compare Account Feature:

Sharekhan & Kotak Securities offer ample of features associated with the account. The details are mentioned hereunder: 

ParticularsKotak SecuritiesSharekhan
3 in 1 Account
ALGO Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time3:15 PM3:15  PM
NRI Trading
Other FeaturesTrading software terminal: Keat Pro XNIL
demat acount sharekhan

Trading Platform Comparison  

We here compared Sharekhan & Kotak Securities based on their trading platform offering. Both the broking house enables the customer to choose their convenient way of trading from the various options. 

ParticularsKotak SecuritiesSharekhan
Desktop Trading PlatformKEAT Pro XTradeTiger
Desktop Platform (Windows) Option
Desktop Platform (Mac) Option
Web Trading Platform Option
Web Trading Detail
Mobile Site Availability
Mobile Trading Availability
Mobile Trading App FacilityKotak Stock TraderSharekhan
Android Mobile App Facility
iPhone Mobile App (IOS) Facility
Android Tablet App Facility
iPad App (IOS) Facility
Trading Software ChargesYes, DirectTrade -2999 Rupees/annumFree

Customer Support: 

Sharekhan is a very customer-oriented broking house. So, as Kotak Securities. Both the organization offers many kinds of the customer assistance program. 

ParticularsKotak SecuritiesSharekhan
24/7 Customer Service 
Email Support 
Online Live Chat 
Phone Support 
Toll-free Number 
Through Branches 
Customer Care Number 18002099191/1800222299/180020992921800227500
Account Opening Process OfflineOffline
Customer Support Email [email protected][email protected]
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042

Sharekhan Vs Kotak Securities DEMAT account feature

Demat account opening is the basic step to start trading. The facility to open this account differs from the policies of the company.

Sharekhan & Kotak Securities both offer DEMAT accounts for investors. The amenities offered can be compared as below: 

 ParticularsKotak SecuritiesSharekhan
DP ID 4920036000
DEMAT Account (AMC)Monthly Plan –65 Rupees (Up to 10 Transaction), INR.50 (between 11 to 30 transaction), 35 Rupees (above 30 transactions)500 Rupees p.a.
Advance DepositNA500 Rupees Advance which will be adjusted against billing (Optional). Tariff D-“Deposit 2999 Rupees (refund of deposit 2000 Rupees on closure)
Statutory chargesNilActual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)0.04% (Min 27 Rupees) + CDSL charges0.03% (Min 30 Rupees) + 5.50 Rupees (CDSL Charges)
Demat3 Rupees per certificate + 50 Rupees courier charges5 Rupees per certificate (Min 50 per request)
Remat10 Rupees for every hundred securities (Min 15 Rupees)50 Rupees per certificate or 50 Rupees for every hundred securities
Pledge Creation0.05% of the transaction value (Min 30 Rupees)0.03% (Min 100 Rupees)
Pledge Creation Confirmation0.05% of the transaction value (Min 30 Rupees)Nil
Pledge Closure0.05% of the transaction value (Min 30 Rupees)Nil
Pledge Closure Confirmation0.05% of the transaction value (Min 30 Rupees)Nil
Pledge Invocation0.05% of the transaction value (Min 30 Rupees)Nil
Failed Instruction ChargesNilNil
Other ChargesNilFreeze/De-freeze – 25 Rupees per transaction
Stock lending & Borrowing – 0.02% of the value of the transaction per request (minimum 100 Rupees)
Client Master changes 30 Rupees per request


From the above-mentioned assessment, we can conclude that both Sharekhan & Kotak Securities Ltd are a large stakeholder in the finance broking market. Both are quite equivalent in terms of their offering, products, research, facilities, etc.

But for investing it’s very important to study each detail carefully. Proper monitoring of market trends & product offering is the key to take a wise investment decision. 

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.