Kotak Securities Vs 5paisa Vs Fyers: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Kotak Securities Vs 5paisa Vs Fyers: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare kotak securities vs 5paisa vs fyers on service, account opening charges and amc, compare kotak securities vs 5paisa vs fyers on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Kotak Securities vs 5paisa vs Fyers on Service
- Account Opening Charges and AMC
- Compare Kotak Securities vs 5paisa vs Fyers on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Kotak Securities vs 5paisa vs Fyers on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Kotak Securities vs 5paisa vs Fyers on Transaction Charges
- Account Features
- Compare Kotak Securities vs 5paisa vs Fyers on Account Features
- Trading Platform
- Compare Kotak Securities vs 5paisa vs Fyers on Trading Platform
- Broker Ratings by Users
- Compare Kotak Securities vs 5paisa vs Fyers on User Rating
- Investment Offerings
- Compare Kotak Securities vs 5paisa vs Fyers on Investment Offerings
- Margin Trading Facility
- Compare Kotak Securities vs 5paisa vs Fyers on MTF
- API
- Compare Kotak Securities vs 5paisa vs Fyers on API Details
- Customer Service Offered
- Compare Kotak Securities vs 5paisa vs Fyers on Customer Service
- Tips/Research/Reports Published
- Compare Kotak Securities vs 5paisa vs Fyers on Research Reports, Tips
- Demat Account
- Compare Kotak Securities vs 5paisa vs Fyers on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Kotak Securities vs 5paisa vs Fyers on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
- High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
- Delivery trading is not free as charged with 0.25% brokerage.
- No 3-in-1 account offering
- 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 600 PA | Rs 300 PA | Free |
| Provide DP Service | Yes | Yes | Yes |
| Plan Types | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| Multiple Plans | Yes | No | Yes |
| Monthly Plans | No | No | No |
| Yearly Plans | No | No | No |
| Kotak Securities | 5paisa | Fyers | |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account | Link to open account |
| Transaction Charges Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for 5paisa | Complete Brokerage Plans for fyers |
| Account Features Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| 3 in 1 Account | Yes | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | No | Yes | Yes |
| SMS Alerts | Yes | Yes | No |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | No |
| Margin Trading Funding Available | Yes | Yes | No |
| Combined Ledger for Equity and Commodity | No | Yes | Yes |
| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15 PM |
| NRI Trading | Yes | No | Yes |
| Other Features | NIL | Fyers 30 Day Challenge |
| Trading Platform Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat | https://login.5paisa.com/ | Fyers Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Kotak Neo | 5paisa Mobile App | Fyers Mobile App |
| Mobile Trading App Demo | Kotak Neo | 5paisa Mobile App | Fyers Mobile App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Android Kotak Neo Download | Android 5paisa Mobile App Download | Android Fyers Mobile App Download |
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | iOS Kotak Neo Download | iOS 5paisa Mobile App Download | iOS Fyers Mobile App Download |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for 5paisa | Equity Intraday and Delivery Brokerage Calculator for Fyers |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for 5paisa | Futures Brokerage Calculator for Fyers |
| Options Brokerage Calculator | Option Brokerage Calculator for Kotak Securities | Option Brokerage Calculator for 5paisa | Option Brokerage Calculator for Fyers |
| Detail | Detail on Trading Platforms for Kotak Securities | Detail on Trading Platforms for 5paisa | Detail on Trading Platforms for Fyers |
| Kotak Securities | 5paisa | Fyers | |
|---|---|---|---|
| 83 Customer reviews Rate | 28 Customer reviews Rate | 11 Customer reviews Rate | |
| Fees Ratings | 2.6 | 3.2 | 3.5 |
| Trading Brokerage Rating | 2.7 | 3.9 | 3.6 |
| Trading Platform Usability | 3.2 | 3.4 | 3.5 |
| Customer Service Ratings | 3.1 | 2.8 | 3.5 |
| Overall Rating | 2.8 | 3.2 | 3.2 |
| Broker Rating | Kotak Securities is Rated 2.8 / 5 based on 83 customer reviews | 5paisa is Rated 3.2 / 5 based on 28 customer reviews | Fyers is Rated 3.18 / 5 based on 11 customer reviews |
| Investment Offerings Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | Yes | No |
| ETF | Yes | Yes | Yes |
| Banking | Yes | No | No |
| Insurance | Yes | Yes | No |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | No |
| PMS Service | Yes | No | No |
| Other Investment Options | NIL | Smallcase, US stocks | NIL |
| MTF Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| MTF Leverage | 4-5x leverage on 1500+ stocks | Up to 4x leverage on 1500+ stocks | Up to 4x leverage on 1600+ stocks |
| MTF Interest Rate | 9.69% p.a. | 0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates | 12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
| MTF Segment | Equity Delivery | Equity Delivery (NSE and BSE) | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN | ₹25 per scrip | ₹12 per stock |
| MTF Unpledged Charges | ₹20 per ISIN | ₹25 per scrip | ₹12 per stock |
| Maximum MTF Funding | ₹20 crore per account | NA | Upto ₹50 Lakh per account |
| API Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| API Type | Neo Trade API (Quote, order, positions, reports, etc.) WebSocket API ( real-time data) | Trading API (Order management, Market Data, and portfolio API) Market Data API | Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
| API Charges | Free | Free | Free |
| Customer Service Compare | Kotak Securities | 5paisa | Fyers |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | No | No |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | Yes | No | No |
| Through Branches | Yes | No | No |
| Customer Care Number | 1800 209 9191 | +91 89766 89766 | 08060001111 |
| Account Opening Process | Online | Online/Paperless | 100% online and paperless proc |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://www.5paisa.com/knowledge-centre | https://fyers.in/school-of-stocks/ |
| Head Office Address | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 | 5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
| Website | https://www.kotaksecurities.com | https://www.5paisa.com/ | https://fyers.in/ |
| Kotak Securities | 5paisa | Fyers | |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | No |
| Research Equity Reports | Yes | Yes | No |
| Research ETF | Yes | No | No |
| Daily Market Report | Yes | Yes | No |
| Free Tips | Yes | Yes | No |
| Quarterly Result Analysis | Yes | No | No |
| News Alerts | Yes | Yes | Yes |
| Kotak Securities | 5paisa | Fyers | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 25100 | 82500 | 89400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹780 pa | ₹300 pa | Free |
| Advance Deposit | NA | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | ₹12.50 per ISIN | ₹7 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹3 per certificate + ₹50 courier charges | ₹15 per certificate | ₹0 |
| Remat | ₹10 for every hundred securities (Min ₹15) | ₹15 for every hundred securities or ₹15 per certificate whichever is higher | ₹0 |
| Pledge Creation | 0.05% of transaction value (Min ₹30) | ₹12.50 per script | Nil |
| Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Pledge Closure | 0.05% of transaction value (Min ₹30) | ₹12.50 per script | Nil |
| Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Pledge Invocation | 0.05% of transaction value (Min ₹30) | NIL | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Stamp Charges ₹50, |
| Kotak Securities | 5paisa | Fyers | |
|---|---|---|---|
| Likes | Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc. Minimal account opening charges No brokerage intraday trading Low-cost brokerage trading Multiple platforms to trade on web, app, and desktop StockCase: Experts recommended basket of stocks Tools like equity screeners, TradingView charts, and Payoff analyzer BNST: Buy Now Sell Tomorrow order Bracket order, cover order, GTT, and aftermarket order Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available. Margin trading facility (MTF) with dealer assisted trading Kotak Traders Academy for beginners Detail Review… | Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. Detail Review… | Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… |
| Dislikes | Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only. High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot) Delivery trading is not free as charged with 0.25% brokerage. Detail Review… | Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… | No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review… |
| Special Offers/Promo | 💼 Kotak Securities Trade Free Plan 🆓 Free Account Opening 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O Open Instant Account Now | 🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! | 🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! |
| Open Kotak Securities Account Now | Open 5paisa Account Now | Open Fyers Account Now |
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