Kotak Securities⭐ 8.7/10
Upstox⭐ 9.2/10Kotak Securities vs Upstox Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Upstox is the Clear Winner
Upstox is the superior choice for most traders and investors due to its higher overall rating of 9.2/10 compared to Kotak Securities's 8.7/10. Key strengths include Backing of top investors and A powerful, tech-first platform backed by Ratan Tata..
📊 Charges & Pricing Comparison
| Fee / Segment | Kotak Securities | Upstox |
|---|---|---|
| Account Opening Fee | Free (Trade Free Plan Rs 99) | Free |
| Account AMC (Annual) | Rs 600 / year | Rs 150 / year |
| Equity Delivery | Rs 0 (for youth) or 0.25% | Rs 20 or 0.1% |
| Intraday Brokerage | Rs 0 | Rs 20 or 0.05% |
| Futures & Options | Rs 20 per order | Rs 20 per order |
| Commodity Trading | Rs 20 per order | Rs 20 per order |
| Other / DP Charges | Varies by plan | Standard DP charges |
| Account Opening Time | 1 Hour | 10 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | Kotak Securities | Upstox |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ✅ Yes | ❌ No |
| Trading API Access | ✅ Free API | ✅ Free API |
| Advanced Charts | ✅ Yes | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
Kotak Securities Pros & Cons
Pros
- ✅ Zero intraday brokerage on all segments
- ✅ Highly reliable bank-backed infrastructure
- ✅ Deep research reports
Cons
- ❌ Delivery brokerage is still percentage-based on standard plans
- ❌ App can be resource heavy
Upstox Pros & Cons
Pros
- ✅ Backing of top investors
- ✅ Fast order execution
- ✅ Pro and Invest modes in app
Cons
- ❌ Customer support can be slow
- ❌ Delivery is not completely free
❓ FAQs: Kotak Securities vs Upstox
Which is cheaper between Kotak Securities and Upstox?
Kotak Securities charges Rs 0 (for youth) or 0.25% for delivery trades and Rs 0 for intraday, with an AMC of Rs 600 / year. Meanwhile, Upstox charges Rs 20 or 0.1% for delivery and Rs 20 or 0.05% for intraday, with an AMC of Rs 150 / year. In terms of onboarding costs, Kotak Securities is Free (Trade Free Plan Rs 99) compared to Upstox's Free.
Who has a better mobile app: Kotak Securities or Upstox?
Kotak Securities's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Upstox's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is Kotak Securities safer to use than Upstox?
Both Kotak Securities and Upstox are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Kotak Securities has a rating of 8.7/10, reflecting their complaint ratio and client size, while Upstox has a rating of 9.2/10.