Custom comparison
HDFC Securities vs Kotak Securities
Built from live entity records — same tables as our curated reviews. Highest editorial rating here: Kotak Securities.
In this comparison (2/4)
HDFC SecuritiesKotak Securities
Highlighted rows differ between columns.
4.0/ 5 | 4.1/ 5 | |
|---|---|---|
| Best for | HDFC Bank customers wanting research, advisory and human support. | Kotak-linked active traders wanting flat ₹10 orders with bank backing. |
| Account opening | Nil (per official HSL DP tariff)source | ₹0 (free)source |
| Annual maintenance (AMC) | Rs.750/year (free 1st year; BSDA slabs separate)source | ₹0 (BSDA holdings up to ₹4L)source |
| Equity delivery | 0.50% per leg (min Rs.25, ceiling 2.5%; NRI 0.75%)source | ₹0 first 30 days, then 0.20%source |
| Intraday | 0.05% per leg margin square-off (min Rs.25, ceiling 2.5%; cash-carry square-off 0.10%)source | ₹0 first 30 days, then ₹10 or 0.05%source |
| Options | ₹0 (free)source | ₹0 first 30 days, then ₹10 per ordersource |
| Futures | 0.05% carry-forward / 0.025% square-off per leg (min Rs.25, ceiling 2.5%)source | ₹0 first 30 days, then ₹10 per ordersource |
| DP charge | 0.04% or Rs.20 per debit transaction, whichever is highersource | — |
| IPO investing | ✓ UPI-based IPO applicationsconfirming | ✓ UPI-based IPO applicationsconfirming |
| Trading API | ✓ Open API + algo strategiesconfirming | ✓ Zero brokerage on API ordersconfirming |
| Research & advisory | ✓ Full-service research + basketsconfirming | ✓ Research insights + dealer assistconfirming |
| Customer support | ✓ Bank + broker networkconfirming | ✓ In-app support + dealersconfirming |
| US stocks | ✓ Global Investing: 10,000+ US stocks/ETFssource | — |
| Mobile app | ✓ InvestRight app (Android + iOS)confirming | ✓ Kotak Neo app (Android + iOS)confirming |
| Web platform | — | ✓ kotakneo.comconfirming |
| Mutual funds | ✓ Supported | ✓ Supported |
| IPO | ✓ Supported | ✓ Supported |
| US stocks | ✓ Supported | — |
| Fees & pricing score | 4.1/5 | 4.2/5 |
| Trading platforms score | 4.2/5 | 4.3/5 |
| Customer support score | 4.0/5 | 4.0/5 |
| Research & education score | 4.1/5 | 4.0/5 |
| Ease of opening score | 4.0/5 | 4.4/5 |
Highlighted rows differ. “Confirming” means we haven't re-verified that figure yet — check the official pricing page.
Used one of these? Tell the next investor in 30 seconds.
A star rating and one detail is enough. Human-moderated, no account needed.
4.0/ 5
You pay for guidance, not execution: classic percentage plans cost many times discount brokers at typical sizes. Fine if advice is the product; otherwise compare HDFC Sky.
What we like
- Research, baskets, MF, bonds and NPS under one roof
- Branch plus bank plus phone support network
- US-stock investing plus open API and algo tools
Watch out for
- Percentage pricing: 0.5% delivery costs ~₹250 per ₹50k order
- ₹25 minimum per leg punishes small trades
- Classic vs Sky plans confuse — confirm your plan's tariff
4.1/ 5
The clearest bank-broker price menu: great for traders, mediocre for delivery investors.
What we like
- Clean ₹10 flat intraday/F&O with 0.05% cap protection
- Free account opening plus ₹0 brokerage on API orders
- Pro adds 9.69% MTF for margin traders
Watch out for
- 0.20% delivery (0.10% Pro) costs more than ₹0-delivery rivals
- First-30-days-free framing overstates long-run cost
- DP and AMC schedules need tariff-sheet confirmation
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.