Kotak Securities vs NJ Wealth – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Kotak Securities vs NJ Wealth. Kotak Securities is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more. NJ Wealth is another famous company known for Asset Management and other investment related services. This comparison between Kotak Securities & NJ Wealth is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Kotak Securities vs NJ WealthIn this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Kotak Securities & NJ Wealth comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare NJ Wealth & Kotak Securities

Overview of Kotak Securities & NJ Wealth

OverviewKotak SecuritiesNJ Wealth
Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaSurat, Gujarat
FounderJaideep HansrajNiraj Ravindra Choksi
Established Year19942000

Kotak Securities vs NJ Wealth Customer Ratings Comparison

Customer RatingsKotak SecuritiesNJ Wealth
Experience8.2 / 105.8/10
Products & Services8.1 / 105.8/10
Brokerage Charges & Fees8.2 / 105.6/10
Stock Research & Advisory8.5 / 105.4/10
Trading Platforms8.1 / 105.8/10
Overall Ratings8.25 / 105.6/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews3823219

Kotak Securities vs NJ Wealth Demat Account Comparison

Demat ServicesKotak SecuritiesNJ Wealth
Depository SourceNSDL & CDSLCDSL & NSDL
Account Opening ChargesRs 750Rs.300
Demat AMC ChargesRs 600Free
Trading AMC ChargesRs 0 (Free)Rs.250 per Annum
Margin Money75% Margin75% Margin
Offline to OnlineSR

NJ Wealth vs Kotak Securities Brokerage Charges Comparison

Brokerage Charge & FeesKotak SecuritiesNJ Wealth
Equity Delivery Trading0.49%0.1% – 0.2%
Equity Intraday Trading0.05%0.01% – 0.02%
Commodity Options TradingNA0.01% – 0.02%
Equity Futures Trading0.05%0.01% – 0.02%
Equity Options TradingRs.100 per LotRs.10 – Rs.20 per Lot
Currency Futures Trading0.05%0.01% – 0.02%
Currency Options TradingRs.70 per LotRs.10 – Rs.20 per Lot
Minimum BrokerageRs.21 per TradePercentage of Transaction
Demat AMC ChargesRs 600Free
Trading AMC ChargesZeroRs.250 per Annum
Margin Money75% Margin75% Margin
Brokerage CalculatorKotak Securities Brokerage CalculatorNJ Wealth Brokerage Calculator

NJ Wealth & Kotak Securities Other Charges Comparison

Other ChargesKotak SecuritiesNJ Wealth
Transaction Charges0.00320% of Total Turnover0.0000325
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges0.00005% (Rs. 5/Crore)0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare NJ Wealth & Kotak Securities Offers

OffersKotak SecuritiesNJ Wealth
Free Demat AccountRS
Free Trading AccountSS
Discount on BrokerageSS
Trading Happy HoursRS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesRS

Compare Services of Kotak Securities vs NJ Wealth

ServicesKotak SecuritiesNJ Wealth
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRS
Stock RecommendationsRR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare NJ Wealth & Kotak Securities Research & Advisory

Research & AdvisoryKotak SecuritiesNJ Wealth
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewSR
Free Stock TipsRR
IPO ReportsRR
Top PicksSR
Daily Market ReviewRR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Kotak Securities vs NJ Wealth Exposure/Leverage

Exposure / LeverageKotak SecuritiesNJ Wealth
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorKotak Securities Margin CalculatorNJ Wealth Margin Calculator

Kotak Securities vs NJ Wealth Product Comparison

ProductsKotak SecuritiesNJ Wealth
Equity TradingRR
Commodity TradingSR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexRS
BankingRS
SIPRR
InsuranceRS

Kotak Securities vs NJ Wealth Trading Platform Comparison

Trading PlatformsKotak SecuritiesNJ Wealth
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRS

Kotak Securities vs NJ Wealth Customer Support

Customer SupportKotak SecuritiesNJ Wealth
Dedicated DealerRR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free Number1800 222 299S
Branches226283

Kotak Securities vs NJ Wealth Customer Complaints

Complaints (Current Year)Kotak SecuritiesNJ Wealth
Lodged in BSE2250
Resolved in BSE2150
Lodged in NSE1967
Resolved in NSE1827

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