ICICI Direct vs Kotak Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of ICICI Direct vs Kotak Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of ICICI Direct and Kotak Securities.

Background

Year of Incorporation 2000 1995
Website https://www.icicidirect.com/ https://www.kotaksecurities.com/
Phone 022 3355 1122 1800-222299
Exchanges enabled NSE & BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL NSDL/CDSL
Brokerage

Equity 0.05% Equity Intraday 0.05% or Rs 20 per Executed Order
Equity Futures 0.05% or Rs 50 per Trade 0.05% per Executed Order
Equity Options 0.05% or Rs 50 per Trade Rs 50 per lot
Currency Futures Rs 20 per executed order 0.05% per Executed Order
Currency Options Rs 20 per executed order Rs 50 per lot
Commodity Rs 20 per executed order 0.05% per Executed Order
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Rs 975 for 3 in 1 Account Rs 0
Commodity Rs 0 Rs 40
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325% of Turnover
Futures 0.0019% of Turnover 0.00436% of Turnover
Options 0.05% of Turnover 0.0594% of Premium Turnover
Commodities 0.05% of Turnover 0.00436% of Turnover
AMC charge Rs 700 per Year Rs 600 per year
DP Transaction Charge Rs 25/Transaction or 0.05% whichever higher 0.04% or Rs 27/debit transaction whichever is higher
Offline order placing Charge 0 Rs 20/call after the first 20 orders every month
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 20 Days 5 Days
End of Day 10 years 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 1x on Delivery & Upto 5x on Intraday Upto 15x for Intraday, For Delivery upto 3x
Equity Futures Upto 4x Upto 5x Intraday
Equity Options Not for buying but upto 2x for shorting Buying No Margin, Shorting upto 2x for Intraday
Currency Futures 1x Upto 2x Intraday
Currency Options 1x Buying No Margin, Shorting upto 2x for Intraday
Commodity 1x Upto 2x Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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.

Profit after Tax FY11/12 Rs 77.1 Crores Rs 145.1 Crores
Profit after Tax FY12/13 Rs 68.2 Crores Rs 123.8 Crores
Profit after Tax FY13/14 Rs 74.9 Crores Rs 163.6 Crores
Profit after Tax FY 14/15 Rs 79.52 Crores Rs 178.53 Crores
Profit after Tax FY 15/16 Rs 96.88 Crores Rs 189.98 Crores
Profit after Tax FY 16/17 Rs 132.64 Crores Rs 163.29 Crores
Profit after Tax FY 17/18 Rs 100.80 Crores Rs 205.77 Crores
Profit after Tax FY 18/19 Rs 134.63 Crores Rs 240.95 Crores
Profit after Tax FY 19/20 Rs 123.16 Crores Rs 220.51 Crores
Profit after Tax FY 20/21 Rs 85.59 Crores Rs 189.58 Crores
Profit after Tax FY 21/22 Rs 105.82 Crores Rs 211.88 Crores
Profit after Tax FY 22/23 Rs 115.43 Crores Rs 162.93 Crores
Debt FY11/12 Rs 209 Crores Rs 121 Crores
Debt FY12/13 Rs 219 Crores Rs 91 Crores
Debt FY13/14 Rs 317 Crores Rs 69 Crores
Debt FY14/15 Rs 350.83 Crores Rs 47.80 Crores
Debt FY15/16 Rs 462.09 Crores Rs 52.96 Crores
Debt FY16/17 Rs 335.99 Crores Rs 56.81 Crores
Debt FY17/18 Rs 555.66 Crores Rs 54.81 Crores
Debt FY18/19 Rs 559.36 Crores Rs 50.26 Crores
Debt FY19/20 Rs 389.28 Crores Rs 61.02 Crores
Debt FY20/21 Rs 536.48 Crores Rs 61.77 Crores
Debt FY21/22 Rs 598.99 Crores Rs 56.44 Crores
Debt FY22/23 Rs 582.15 Crores Rs 54.62 Crores
Profit to Equity(%) FY11/12 32% 8.40
Profit to Equity(%) FY12/13 21% 5.92
Profit to Equity(%) FY13/14 27.07% 8.28
Profit to Equity(%) FY14/15 29.22% 5.25
Profit to Equity(%) FY15/16 30.63% 6.34
Profit to Equity(%) FY16/17 32.89% 10.45
Profit to Equity(%) FY17/18 41.55% 12.00
Profit to Equity(%) FY18/19 40.19% 12.17
Profit to Equity(%) FY19/20 26.41% 14.14
Profit to Equity(%) FY20/21 33.02% 15.73
Profit to Equity(%) FY21/22 41.00% 14.91
Profit to Equity(%) FY22/23 43.78% 14.50
Balance Sheet Size FY11/12 Rs 908 Crores Rs 3094 Crores
Balance Sheet Size FY12/13 Rs 948 Crores Rs 2980 Crores
Balance Sheet Size FY13/14 Rs 1620 Crores Rs 3323 Crores
Balance Sheet Size FY14/15 Rs 1857.26 Crores Rs 3367.76 Crores
Balance Sheet Size FY15/16 Rs 1903.86 Crores Rs 4022.19 Crores
Balance Sheet Size FY16/17 Rs 1983.64 Crores Rs 4093.14 Crores
Balance Sheet Size FY17/18 Rs 2222.18 Crores Rs 4485.81 Crores
Balance Sheet Size FY18/19 Rs 2350.41 Crores Rs 4314.92 Crores
Balance Sheet Size FY19/20 Rs 2470.58 Crores Rs 4280.77 Crores
Balance Sheet Size FY20/21 Rs 2747.85 Crores Rs 4551.00 Crores
Balance Sheet Size FY21/22 Rs 2921.25 Crores Rs 4625.99 Crores
Balance Sheet Size FY22/23 Rs 3061.50 Crores Rs 4595.22 Crores

Comparison Link:

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Frequently Asked Questions

Is ICICI Direct better than Kotak Securities ?

ICICI Direct and Kotak Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Kotak Securities better than ICICI Direct ?

ICICI Direct and Kotak Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is ICICI Direct cheaper than Kotak Securities ?

ICICI Direct and Kotak Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Kotak Securities cheaper than ICICI Direct ?

ICICI Direct and Kotak Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better ICICI Direct vs. Kotak Securities ?

To find out the better of the two stockbrokers ICICI Direct and Kotak Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.