Kotak Securities Vs Fyers: Which one is better?
Last updated August 24, 2026
This IPO News reference page covers “Kotak Securities Vs Fyers: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare kotak securities vs fyers on service, account opening charges and amc, compare kotak securities 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 Fyers on Service
- Account Opening Charges and AMC
- Compare Kotak Securities vs Fyers on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Kotak Securities vs Fyers on Plan Options
- Account Opening
- Brokerage Charges
- Compare Kotak Securities vs Fyers on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Kotak Securities vs Fyers on Account Features
- Trading Platform
- Compare Kotak Securities vs Fyers on Trading Platform
- Broker Ratings by Users
- Compare Kotak Securities vs Fyers on User Rating
- Investment Offerings
- Compare Kotak Securities vs Fyers on Investment Offerings
- Margin Trading Facility
- Compare Kotak Securities vs Fyers on MTF
- API
- Compare Kotak Securities vs Fyers on API Details
- Customer Service Offered
- Compare Kotak Securities vs Fyers on Customer Service
- Tips/Research/Reports Published
- Compare Kotak Securities vs Fyers on Research Reports, Tips
- Demat Account
- Compare Kotak Securities vs Fyers on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Kotak Securities vs Fyers on Special Offers and Promotion
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.
- Kotak Securities Brokerage Plan detail – Kotak Securities Trade Free Plan charges Rs 10/order brokerage on all intraday trades and 0.20% on stock delivery trades.
- Fyers Brokerage Plan detail – Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
- Fyers Securities offers Free AMC for Demat account where Kotak Securities Ltd charges Rs 600 PA AMC for Demat account.
- 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
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment | Kotak Securities | Fyers |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 600 PA | Free |
| Provide DP Service | Yes | Yes |
| Plan Types | Kotak Securities | Fyers |
|---|---|---|
| Multiple Plans | Yes | Yes |
| Monthly Plans | No | No |
| Yearly Plans | No | No |
| Kotak Securities | Fyers | |
|---|---|---|
| Account Opening Request | Open Kotak Securities Account | Open Fyers Account |
| Brokerage Charges Compare | Kotak Securities | Fyers |
|---|---|---|
| Plan Name | Rs 10 Plan | Max Rs 20 Per Order Trading Plan |
| Equity Delivery | 0.20% | 0.30% or Rs 20 |
| Equity Intraday | 0.05% or Rs 10 | 0.03% or Rs 20 |
| Equity Futures | Flat Fee Rs 10 | 0.03% or Rs 20 |
| Equity Options | Flat Fee Rs 10 | Flat Fee Rs 20 |
| Currency Futures | Flat Fee Rs 10 | 0.03% or Rs 20 |
| Currency Options | Flat Fee Rs 10 | Flat Fee Rs 20 |
| Commodity Trading | Flat Fee Rs 10 | Flat Fee Rs 20 |
| Minimum Brokerage | Rs 21 per executed order | |
| Hidden Charges | No | No |
| Call & Trade Charges | Rs 49 + GST | Rs 50 Per Order |
| Auto Square off Charges | Rs 49 + GST | Rs 50 Per Order |
| Brokerage Calculator | Brokerage Calculator for Kotak Securities | Brokerage Calculator for Fyers |
| Transaction Charges Compare | Kotak Securities | Fyers |
|---|---|---|
| Equity Delivery | 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 |
| Equity Futures | 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 |
| Currency Futures | 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 |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for fyers |
| Account Features Compare | Kotak Securities | Fyers |
|---|---|---|
| 3 in 1 Account | Yes | No |
| Charting | Yes | Yes |
| Algo Trading | No | Yes |
| SMS Alerts | Yes | No |
| Online Demo | Yes | Yes |
| Online Portfolio | Yes | No |
| Margin Trading Funding Available | Yes | No |
| Combined Ledger for Equity and Commodity | No | Yes |
| Intraday Square-off Time | 3:15PM | 3:15 PM |
| NRI Trading | Yes | Yes |
| Other Features | Fyers 30 Day Challenge |
| Trading Platform Compare | Kotak Securities | Fyers |
|---|---|---|
| Web Trading Platform | Yes | Yes |
| Web Trading Detail | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat | Fyers Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes |
| Mobile Trading App | Kotak Neo | Fyers Mobile App |
| Mobile Trading App Demo | Kotak Neo | Fyers Mobile App |
| Android Mobile App | Yes | Yes |
| Android App Download | Android Kotak Neo Download | Android Fyers Mobile App Download |
| iPhone Mobile App (IOS) | Yes | Yes |
| iOS App Download | iOS Kotak Neo Download | iOS Fyers Mobile App Download |
| Android Tablet App | Yes | Yes |
| iPad App (IOS) | Yes | Yes |
| Trading Software Charges | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for Fyers |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for Fyers |
| Options Brokerage Calculator | Option Brokerage Calculator for Kotak Securities | Option Brokerage Calculator for Fyers |
| Detail | Detail on Trading Platforms for Kotak Securities | Detail on Trading Platforms for Fyers |
| Kotak Securities | Fyers | |
|---|---|---|
| 83 Customer reviews Rate | 11 Customer reviews Rate | |
| Fees Ratings | 2.6 | 3.5 |
| Trading Brokerage Rating | 2.7 | 3.6 |
| Trading Platform Usability | 3.2 | 3.5 |
| Customer Service Ratings | 3.1 | 3.5 |
| Overall Rating | 2.8 | 3.2 |
| Broker Rating | Kotak Securities is Rated 2.8 / 5 based on 83 customer reviews | Fyers is Rated 3.2 / 5 based on 11 customer reviews |
| Investment Offerings Compare | Kotak Securities | Fyers |
|---|---|---|
| Equity Cash and F&O | Yes | Yes |
| Currency Derivatives | Yes | Yes |
| Commodity | Yes | Yes |
| Online IPO Application | Yes | Yes |
| Mutual Funds | Yes | Yes |
| Bonds / NCD | Yes | No |
| ETF | Yes | Yes |
| Banking | Yes | No |
| Insurance | Yes | No |
| Forex | No | No |
| MF SIP Investment | Yes | Yes |
| Equity SIP Investment | Yes | No |
| PMS Service | Yes | No |
| Other Investment Options | NIL | NIL |
| MTF Compare | Kotak Securities | Fyers |
|---|---|---|
| MTF Leverage | 4-5x leverage on 1500+ stocks | Up to 4x leverage on 1600+ stocks |
| MTF Interest Rate | 9.69% p.a. | 12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
| MTF Segment | Equity Delivery | Equity Delivery |
| MTF Pledge Charges | ₹20 per ISIN | ₹12 per stock |
| MTF Unpledged Charges | ₹20 per ISIN | ₹12 per stock |
| Maximum MTF Funding | ₹20 crore per account | Upto ₹50 Lakh per account |
| API Compare | Kotak Securities | Fyers |
|---|---|---|
| API Type | Neo Trade API (Quote, order, positions, reports, etc.) WebSocket API ( real-time data) | 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 |
| Customer Service Compare | Kotak Securities | Fyers |
|---|---|---|
| 24/7 Customer Service | No | No |
| Email Support | Yes | Yes |
| Online Live Chat | Yes | No |
| Phone Support | Yes | Yes |
| Toll Free Number | Yes | No |
| Through Branches | Yes | No |
| Customer Care Number | 1800 209 9191 | 08060001111 |
| Account Opening Process | Online | 100% online and paperless proc |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://fyers.in/school-of-stocks/ |
| Head Office Address | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
| Website | https://www.kotaksecurities.com | https://fyers.in/ |
| Kotak Securities | Fyers | |
|---|---|---|
| Research Mutual Funds | Yes | No |
| Research Equity Reports | Yes | No |
| Research ETF | Yes | No |
| Daily Market Report | Yes | No |
| Free Tips | Yes | No |
| Quarterly Result Analysis | Yes | No |
| News Alerts | Yes | Yes |
| Kotak Securities | Fyers | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID | 25100 | 89400 |
| Demat Account Annual Maintenance Charges(AMC) | ₹780 pa | Free |
| Advance Deposit | NA | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | ₹7 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹3 per certificate + ₹50 courier charges | ₹0 |
| Remat | ₹10 for every hundred securities (Min ₹15) | ₹0 |
| Pledge Creation | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Closure | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | Nil |
| Pledge Invocation | 0.05% of transaction value (Min ₹30) | Nil |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Stamp Charges ₹50, |
| Kotak Securities | 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… | 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… | 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 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! |
| Enquiry | Open Kotak Securities Account Now | Open Fyers Account Now |
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