Kotak Securities vs Canara Bank – Compare Charges, Trading Features, Offers & more

Find a Comparison of Kotak Securities vs Canara Bank 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 Kotak Securities and Canara Bank.

Background

Year of Incorporation 1995 1996
Website https://www.kotaksecurities.com/ https://www.canmoney.in/
Phone 1800-222299 1800-22-0369
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX BSE, NSE, NCDEX, ICEX, MCX
Demat (NSDL/CDSL) NSDL/CDSL CDSL and NSDL
Brokerage

Equity 0.05% or Rs 20 per Executed Order 0.35% for Delivery & 0.04% for Intraday
Equity Futures 0.05% per Executed Order 0.04%
Equity Options Rs 50 per lot Rs.50 per Lot
Currency Futures 0.05% per Executed Order 0.04%
Currency Options Rs 50 per lot Rs.50 per Lot
Commodity 0.05% per Executed Order Rs.50 per Lot
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 0 Free
Commodity Rs 40 Free
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%
Futures 0.00436% of Turnover 0.00325%
Options 0.0594% of Premium Turnover 0.00325%
Commodities 0.00436% of Turnover 0.00325%
AMC charge Rs 600 per year Rs.500 per Annum
DP Transaction Charge 0.04% or Rs 27/debit transaction whichever is higher Rs 9 + GST
Offline order placing Charge Rs 20/call after the first 20 orders every month Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days 7 Days
End of Day 5 years 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 15x for Intraday, For Delivery upto 3x Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 5x Intraday Upto 3X
Equity Options Buying No Margin, Shorting upto 2x for Intraday Upto 5X
Currency Futures Upto 2x Intraday Upto 2X
Currency Options Buying No Margin, Shorting upto 2x for Intraday Upto 2X
Commodity Upto 2x Intraday Upto 2X
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 145.1 Crores Rs 3283 Crores
Profit after Tax FY12/13 Rs 123.8 Crores Rs 2872 Crores
Profit after Tax FY13/14 Rs 163.6 Crores Rs 2438 Crores
Profit after Tax FY 14/15 Rs 178.53 Crores Rs 2703 Crores
Profit after Tax FY 15/16 Rs 189.98 Crores Rs (2813) Crores
Profit after Tax FY 16/17 Rs 163.29 Crores Rs 1122 Crores
Profit after Tax FY 17/18 Rs 205.77 Crores Rs (4222) Crores
Profit after Tax FY 18/19 Rs 240.95 Crores Rs 347 Crores
Profit after Tax FY 19/20 Rs 220.51 Crores Rs (2236) Crores
Profit after Tax FY 20/21 Rs 189.58 Crores Rs 4406.07 Crores
Profit after Tax FY 21/22 Rs 211.88 Crores Rs 5464.49 Crores
Profit after Tax FY 22/23 Rs 162.93 Crores Rs 7518.54 Crores
Debt FY11/12 Rs 121 Crores Rs 4.7 Lakhs
Debt FY12/13 Rs 91 Crores Rs 5.2 Lakhs
Debt FY13/14 Rs 69 Crores Rs 5.6 Lakhs
Debt FY14/15 Rs 47.80 Crores Rs 6.1 Lakhs
Debt FY15/16 Rs 52.96 Crores Rs 6.8 Lakhs
Debt FY16/17 Rs 56.81 Crores Rs 7.2 Lakhs
Debt FY17/18 Rs 54.81 Crores Rs 8.3 Lakhs
Debt FY18/19 Rs 50.26 Crores Rs 7.9 Lakhs
Debt FY19/20 Rs 61.02 Crores Rs 9.4 Lakhs
Debt FY20/21 Rs 61.77 Crores Rs 9.9 Lakhs
Debt FY21/22 Rs 56.44 Crores Rs 10 Lakhs
Debt FY22/23 Rs 54.62 Crores Rs 4.7 Lakhs
Profit to Equity(%) FY11/12 8.40 74.10
Profit to Equity(%) FY12/13 5.92 64.83
Profit to Equity(%) FY13/14 8.28 54.48
Profit to Equity(%) FY14/15 5.25 11.06
Profit to Equity(%) FY15/16 6.34 (10.69)
Profit to Equity(%) FY16/17 10.45 4.15
Profit to Equity(%) FY17/18 12.00 (16.74)
Profit to Equity(%) FY18/19 12.17 1.40
Profit to Equity(%) FY19/20 14.14 (8.05)
Profit to Equity(%) FY20/21 15.73 6.71
Profit to Equity(%) FY21/22 14.91 12.82
Profit to Equity(%) FY22/23 14.50 19.49
Balance Sheet Size FY11/12 Rs 3094 Crores Rs 156538,78.76
Balance Sheet Size FY12/13 Rs 2980 Crores Rs 182468,06,75 Crores
Balance Sheet Size FY13/14 Rs 3323 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY14/15 Rs 3367.76 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY15/16 Rs 4022.19 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY16/17 Rs 4093.14 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY17/18 Rs 4485.81 Crores Rs 616886 10 48 Crores
Balance Sheet Size FY18/19 Rs 4314.92 Crores Rs 694766 69 05 Crores
Balance Sheet Size FY19/20 Rs 4280.77 Crores Rs 723874 74 53 Crores
Balance Sheet Size FY20/21 Rs 4551.00 Crores Rs 1027147 88 07 Crores
Balance Sheet Size FY21/22 Rs 4625.99 Crores Rs 1228104 88 07 Crores
Balance Sheet Size FY22/23 Rs 4595.22 Crores Rs 1345732 24 75 Crores

Comparison Link:

Compare Kotak Securities Compare Canara Bank
Kotak Securities Vs Punch Trade Canara Bank Vs Punch Trade
Kotak Securities Vs BlinkX Canara Bank Vs BlinkX
Kotak Securities Vs Lemonn Canara Bank Vs Lemonn
Kotak Securities Vs Mandot Securities Canara Bank Vs Mandot Securities
Kotak Securities Vs HDFC Sky Canara Bank Vs HDFC Sky
Kotak Securities Vs Dhan Canara Bank Vs Dhan
Kotak Securities Vs Goodwill Wealth Canara Bank Vs Goodwill Wealth
Kotak Securities Vs Shoonya by Finvasia Canara Bank Vs Shoonya by Finvasia
Kotak Securities Vs NJ Wealth Canara Bank Vs NJ Wealth
Kotak Securities Vs Paytm Money Canara Bank Vs Paytm Money
Kotak Securities Vs Globe Capital Canara Bank Vs Globe Capital
Kotak Securities Vs Finvasia Canara Bank Vs Finvasia
Kotak Securities Vs Cholamandalam Securities Canara Bank Vs Cholamandalam Securities
Kotak Securities Vs Axis Direct Canara Bank Vs Axis Direct
Kotak Securities Vs Alice Blue Canara Bank Vs Alice Blue
Kotak Securities Vs 5Paisa Canara Bank Vs 5Paisa
Kotak Securities Vs M.stock Canara Bank Vs M.stock
Kotak Securities Vs WisdomCapital Canara Bank Vs WisdomCapital
Kotak Securities Vs Way2wealth Canara Bank Vs Way2wealth
Kotak Securities Vs Ventura Securities Canara Bank Vs Ventura Securities
Kotak Securities Vs Navia Markets Ltd Canara Bank Vs Navia Markets Ltd
Kotak Securities Vs Tradejini Canara Bank Vs Tradejini
Kotak Securities Vs Tata Securities Canara Bank Vs Tata Securities
Kotak Securities Vs Swastika Investmart Canara Bank Vs Swastika Investmart
Kotak Securities Vs SMC Global Canara Bank Vs SMC Global
Kotak Securities Vs SBICAP Securities Canara Bank Vs SBICAP Securities
Kotak Securities Vs SASOnline Canara Bank Vs SASOnline
Kotak Securities Vs Samco securities Canara Bank Vs Samco securities
Kotak Securities Vs RK Global Canara Bank Vs RK Global
Kotak Securities Vs Reliance Securities Canara Bank Vs Reliance Securities
Kotak Securities Vs Nirmal Bang Canara Bank Vs Nirmal Bang
Kotak Securities Vs Master Trust Capital Canara Bank Vs Master Trust Capital
Kotak Securities Vs Interactive Brokers Canara Bank Vs Interactive Brokers
Kotak Securities Vs IIFL Securities Canara Bank Vs IIFL Securities
Kotak Securities Vs Dhani Canara Bank Vs Dhani
Kotak Securities Vs IDBI Capital Canara Bank Vs IDBI Capital
Kotak Securities Vs HDFC Securities Canara Bank Vs HDFC Securities
Kotak Securities Vs Geojit Canara Bank Vs Geojit
Kotak Securities Vs Fyers Securities Canara Bank Vs Fyers Securities
Kotak Securities Vs Edelweiss Capital Canara Bank Vs Edelweiss Capital
Kotak Securities Vs Easytradez Canara Bank Vs Easytradez
Kotak Securities Vs Rupeezy Canara Bank Vs Rupeezy
Kotak Securities Vs Anand Rathi Canara Bank Vs Anand Rathi
Kotak Securities Vs Aditya Birla Money Canara Bank Vs Aditya Birla Money
Kotak Securities Vs Achiievers Canara Bank Vs Achiievers
Kotak Securities Vs Angel One Canara Bank Vs Angel One
Kotak Securities Vs Motilal Oswal Canara Bank Vs Motilal Oswal
Kotak Securities Vs ICICI Direct Canara Bank Vs ICICI Direct
Kotak Securities Vs Sharekhan Canara Bank Vs Sharekhan
Kotak Securities Vs Groww Canara Bank Vs Groww
Kotak Securities Vs Tradesmart Online Canara Bank Vs Tradesmart Online
Kotak Securities Vs Upstox Canara Bank Vs Upstox
Kotak Securities Vs Zerodha Canara Bank Vs Zerodha

Frequently Asked Questions

Is Kotak Securities better than Canara Bank ?

Kotak Securities and Canara Bank 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 Canara Bank better than Kotak Securities ?

Kotak Securities and Canara Bank 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 cheaper than Canara Bank ?

Kotak Securities and Canara Bank 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 Canara Bank cheaper than Kotak Securities ?

Kotak Securities and Canara Bank 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 Kotak Securities vs. Canara Bank ?

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