Compare Stock Brokers

Whenever you go to purchase clothes in the stores, you always check and compare it on several criterias, same is the case when you choose your stockbroker. So, let us quickly have a look at Kotak Securities vs Angel Broking charges. 

Charges play an important role in deciding what item do you actually want to purchase, and when choosing a stockbroker as well, this criteria plays an important role. 

Let us first look at the general criteria of differentiation between these two brokers. 

Kotak Securities Vs Angel Broking 

Established in 1994, Kotak Securities is a full-service broker that has made a significant name in the stockbroking world. Whereas, Angel Broking was established in 1987, and is no way behind. 

They both are registered with NSDL and CDSL. The brokers have a good number of active clients. The smooth platforms and the client satisfaction that is reflected by the complaint solutions of both the brokers. 

 

Now, let us look at the various charges that are levied by both the stockbrokers.


Angel Broking Charges vs Kotak Securities 

The first thing that a person keeps in mind while purchasing or choosing anything is the charges, and so is the case with the stockbrokers. 

There are various charges that we will talk about in this article, which are, 

  • Brokerage charges 
  • Demat account charges 
  • DP charges 

They all vary in both the brokers. Now since we are comparing two brokers with different models, here it is important to check that whether both of them charge the same fees for their different services?

So, let’s begin with the most basic and the initial charges, the account opening charges, and maintenance charges. 


Kotak Securities Vs Angel Broking Demat Charges

There is no demat account opening charges on both brokers, which means that you can easily open your account without paying anything extra. 

The stockbroker also levies some additional charges to maintain your demat account. These are the account maintenance charges. In the case of Angel Broking, you will have to pay ₹20 every month, that too from the second year onwards. 

In the case of Kotak Securities, you will have to pay ₹50 per month and there is no concession on the first year. So, when it comes to the maintenance charges, Angel Broking is a better catch. 

 

Apart from the account opening and maintenance charges, there are some other demat account charges that are levied by the broker. The details for the same are as follows.


Kotak Securities Vs Angel Broking Brokerage Charges 

Brokerages play an important role when a trader is looking for a stockbroker. Every stock market enthusiast looks for a broker who charges less and gives the maximum benefit. 

Let us have a quick look at Angel Broking charges and Kotak Securities brokerage charges so that you can make a clear decision. 

 

So, now when you have a look at the brokerage of both the brokers, the brokerage plans of both look very good. But there is a subtle difference that you can observe in this.

If you are an intraday trader, Kotak Securities provides free service for that, but if you are someone you believes in holding shares for long-term, then Angel Broking works as a sweet deal. 

There is another point that you should note in this case, Angel Broking comes with a whooping opportunity for you, where you get the chance to trade absolutely free for the first month in every segment. 


Kotak Securities Vs Angel Broking DP Charges 

Depository participant charges or DP charges are the hidden charges which most of the stock traders are not aware of. These charges are not mentioned in your contract note and thus can remain out of notice. 

The Kotak Securities DP charges and Angel Broking DP charges are as follows. 

 

So if we pay close attention to this, then the DP charges of Angel Broking are less and you can therefore seek benefit from this.


Conclusion 

When we talk about the Kotak Securities vs Angel Broking charges, it is clear that although Kotak Securities give a free intraday trading opportunity to you, still Angel Broking outperforms in various other areas. Not only free AMC for the first year, but it also gives you are an opportunity to trade free of cost for the first month. 

So, if you want to start your journey in the stock market, open your demat account today!


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