Upstox⭐ 9.2/10
Kotak Securities⭐ 8.7/10Upstox vs Kotak Securities 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 | Upstox | Kotak Securities |
|---|---|---|
| Account Opening Fee | Free | Free (Trade Free Plan Rs 99) |
| Account AMC (Annual) | Rs 150 / year | Rs 600 / year |
| Equity Delivery | Rs 20 or 0.1% | Rs 0 (for youth) or 0.25% |
| Intraday Brokerage | Rs 20 or 0.05% | Rs 0 |
| Futures & Options | Rs 20 per order | Rs 20 per order |
| Commodity Trading | Rs 20 per order | Rs 20 per order |
| Other / DP Charges | Standard DP charges | Varies by plan |
| Account Opening Time | 10 Minutes | 1 Hour |
💻 Trading Tools & Platforms
| Platform Feature | Upstox | Kotak Securities |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ❌ No | ✅ Yes |
| 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. |
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
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
❓ FAQs: Upstox vs Kotak Securities
Which is cheaper between Upstox and Kotak Securities?
Upstox charges Rs 20 or 0.1% for delivery trades and Rs 20 or 0.05% for intraday, with an AMC of Rs 150 / year. Meanwhile, Kotak Securities charges Rs 0 (for youth) or 0.25% for delivery and Rs 0 for intraday, with an AMC of Rs 600 / year. In terms of onboarding costs, Upstox is Free compared to Kotak Securities's Free (Trade Free Plan Rs 99).
Who has a better mobile app: Upstox or Kotak Securities?
Upstox's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Kotak Securities'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 Upstox safer to use than Kotak Securities?
Both Upstox and Kotak Securities are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Upstox has a rating of 9.2/10, reflecting their complaint ratio and client size, while Kotak Securities has a rating of 8.7/10.