Kotak Securities Vs Prostocks

Compare Stock Brokers

Kotak Securities Vs Prostocks comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.

We will talk at length in this detailed review for your reference.

Kotak Securities Vs Prostocks Comparison

Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank and today it has a customer base of 11.95 lakh customers. It has a presence across 359 cities in India with 1200+ branches.

Prostocks on the other hand, relatively a new entrant into the Indian stock market, is a discount broker charging a flat fee per transaction from the customers.

Prostocks was founded in February 2016. Everything about Prostocks is Online, be it – customer service, trading, account opening and so on. Kotak Securities, on the other hand, is a player that will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.

Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.

It can become very difficult to decide between two full-service brokers like Kotak & Prostocks since they offer very similar propositions.

However, if you are able to see how one type of broker is different from the other on a side to side level, making a choice can be relatively simpler.

Thus, to make things easy for you, we have listed out the comparison between Prostocks and Kotak Securities to help you find which of the two suits your needs better. The comparison is made on aspects such as:

  • Company Overview
  • Account Opening Charges
  • Brokerage
  • Exposure or Leverages
  • Research
  • Trading Platforms
  • Other Features

Kotak Securities Vs Prostocks Compare

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.

We hope this article helps you to understand which of the two brokers is better for your needs.

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover.

For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Kotak Securities vs Prostocks for the benefits of other readers? Please feel free to share in the comments below.

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