ICICIDirect Vs Kotak Securities Vs Reliance Securities: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. All 3 brokers are full service brokers. Overall rating for ICICIDirect is 4, Kotak Securities is rated 4, Reliance Securities is rated 3.5 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Kotak Securities vs Reliance Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Kotak Securities vs Reliance Securities on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Kotak Securities vs Reliance Securities in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Service

	ICICIDirect	Kotak Securities	Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Full Service Broker	Full Service Broker
Exchanges Supported	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX	NSE, BSE
Broker Overview	ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec...	Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...	Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...
Broker Enquiry

Account Opening Charges and AMC

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect vs Kotak Securities vs Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and Kotak Securities offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Charges	ICICIDirect	Kotak Securities	Reliance Securities
Trading Account Opening Fees	Free	Free	Rs 950
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Free
Demat AMC	Rs 300 per annum	Rs 600 PA	Rs 400 PA\| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service

About Brokerage Plans

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Kotak Securities vs Reliance Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Plan Options
Plan Types	ICICIDirect	Kotak Securities	Reliance Securities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Zerodha	Kotak Securities
Account Opening Request	Open Zerodha Account Now>>	Open Zerodha Account Now>>	Open Kotak Securities Account Now>>

Brokerage Charges

Compare ICICIDirect vs Kotak Securities vs Reliance Securitieson Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Brokerage Charges Compare	ICICIDirect	Kotak Securities	Reliance Securities
Plan Name	NEO Flat Discount Brokerage Plan	Kotak Securities Trade Free Plan	R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery	0.55%	0.25%	0.50%
Equity Intraday	Flat Rs. 20 per order	Free	0.05%
Equity Futures	Free (Rs. 0 brokerage)	Delivery: Flat fee Rs. 20 per order\| Intraday: Fre	0.05%
Equity Options	Flat Rs. 20 per order	Delivery: Flat fee Rs. 20 per order\| Intraday: Free	Rs 100 Per Lot
Currency Futures	Flat Rs. 20 per order	Delivery: Flat fee Rs. 20 per order\| Intraday: Fre	0.05%
Currency Options	Flat Rs. 20 per order	Delivery: Flat fee Rs. 20 per order\| Intraday: Fre	Rs 100 Per Lot
Commodity Trading	Flat Rs. 20 per order	Delivery: Flat fee Rs. 20 per order\| Intraday: Fre	Future: 0.05%\| Options: Rs 100 per lot
Minimum Brokerage	Rs 35 per trade	Rs 21 per executed order	5 paise per share
Hidden Charges	Yes	No
Call & Trade Charges	First 20 call free and Rs 25 there onwards.	20 calls free and after that Rs 20 per call	Rs 20 per call (Free First 20 call per month)
Auto Square off Charges	First 20 call free and Rs 25 there onwards.	20 calls free and after that Rs 20 per call	Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator	Brokerage Calculator for ICICIDirect	Brokerage Calculator for Kotak Securities	Brokerage Calculator for Reliance Securities

Share Broker's Transaction Charges

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Transaction Charges

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Transaction Charges Compare	ICICIDirect	Kotak Securities	Reliance Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	NA	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for kotak-securities	Complete Brokerage Plans for reliance-securities

Account Features

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Account Features

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect and Kotak Securities offers 3-in-1 Account where Reliance Securities offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - ICICIDirect vs Kotak Securities vs Reliance Securities
Account Features Compare	ICICIDirect	Kotak Securities	Reliance Securities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15PM
NRI Trading
Other Features	NIL		Mobile Application: Rmobile Xpress

Trading Platform

Compare ICICIDirect vs Kotak Securities vs Reliance Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs Kotak Securities vs Reliance Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Trading Platform Compare	ICICIDirect	Kotak Securities	Reliance Securities
Web Trading Platform
Web Trading Detail	https://www.icicidirect.com	https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat	http://tick.rsec.co.in/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	ICICI direct Mobile	Kotak Neo	TICK PRO
Mobile Trading App Demo	ICICI direct Mobile Demo	Kotak Neo Demo	TICK PRO Demo
Android Mobile App
Android App Download	Andriod ICICI direct Mobile Download	Andriod Kotak Neo Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS ICICI direct Mobile Download	iOS Kotak Neo Download	iOS TICK PRO Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for ICICIDirect	Equity Intraday and Delivery Brokerage Calculator for Kotak Securities	Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for ICICIDirect	Futures Brokerage Calculator for Kotak Securities	Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator	Options Brokerage Calculator for ICICIDirect	Options Brokerage Calculator for Kotak Securities	Options Brokerage Calculator for Reliance Securities
Detail	Detail on Trading Platforms for icicidirect	Detail on Trading Platforms for kotak-securities	Detail on Trading Platforms for reliance-securities

Broker Ratings by Users

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on User Rating

	ICICIDirect	Kotak Securities	Reliance Securities
	267 Customer Reviews	82 Customer Reviews	52 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews	Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews	Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews

Investment Offerings

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Investment Offerings

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Kotak Securities and Reliance Securities offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Investment Offerings Compare	ICICIDirect	Kotak Securities	Reliance Securities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Customer Service

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
Customer Service Compare	ICICIDirect	Kotak Securities	Reliance Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1860 123 1122	1800 209 9191	022 41596000 \| 022 62436000
Account Opening Process	Online	Online	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.icicidirect.com/knowledge-center	https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank	https://www.reliancesmartmoney.com/Insights
Head Office Address	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020	27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051	Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055
Website	https://www.icicidirect.com	https://www.kotaksecurities.com	https://www.reliancesmartmoney.com

Tips/Research/Reports Published

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Research Reports, Tips

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
	ICICIDirect	Kotak Securities	Reliance Securities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Demat Account

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Kotak Securities vs Reliance Securities
	ICICIDirect	Kotak Securities	Reliance Securities
DP Source	CDSL	CDSL	CDSL
DP ID	14301	25100	41400
Demat Account Annual Maintenance Charges(AMC)	₹700 pa	₹780 pa	₹300 pa
Advance Deposit	Rs. 7500/- , If the client is not having ICICI BANK Account	NA	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)	0.04% (Min ₹27) + CDSL charges	0.04% (Min ₹27) + CDSL charges
Demat	₹50 per set up	₹3 per certificate + ₹50 courier charges	₹5 per certificate + ₹30 request charges
Remat	₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction	₹10 for every hundred securities (Min ₹15)	₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation	0.02% (Min ₹35 and Max ₹25,000)	0.05% of transaction value (Min ₹30)	0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation	0.02% (Min ₹35 and Max ₹25,000)	0.05% of transaction value (Min ₹30)	0.05% of transaction value (Min ₹30)
Pledge Closure	0.02% (Min ₹35 and Max ₹25,000)	0.05% of transaction value (Min ₹30)	0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation	0.02% (Min ₹35 and Max ₹25,000)	0.05% of transaction value (Min ₹30)	0.05% of transaction value (Min ₹30)
Pledge Invocation	0.02% (Min ₹35 and Max ₹25,000)	0.05% of transaction value (Min ₹30)	0.05% of transaction value (Min ₹30)
Failed Instruction Charges	₹30 per transaction	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Special Offers and Promotion

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Kotak Securities vs Reliance Securities on Special Offers and Promotion
	ICICIDirect	Kotak Securities	Reliance Securities
Likes	100% digital and paperless 3-in-1 account opening facility. Trade on the BSE, NSE, MCX, and invest in other products. Multiple brokerage plans for residents and NRI trading. All kinds of trading platforms across web, app, and desktop versions. Invest in mutual funds for free with ICICIdirect Money App. Expert research calls and recommendations. Sell stocks and get cash instantly with the e-ATM facility. Advanced orders like bracket order, cover order, after market order, and basket order. Place Valid Till Cancelled (VTC) order, valid for 45 days. Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners. Margin funding Loans on securities. Dedicated customer services. Detail Review...	Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc. Minimal account opening charges No brokerage intraday trading Low-cost brokerage trading Multiple platforms to trade on web, app, and desktop StockCase: Experts recommended basket of stocks Tools like equity screeners, TradingView charts, and Payoff analyzer BNST: Buy Now Sell Tomorrow order Bracket order, cover order, GTT, and aftermarket order Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available. Margin trading facility (MTF) with dealer assisted trading Kotak Traders Academy for beginners Detail Review...	Multiple exchanges trading on BSE, NSE, and MCX. Buy insurance plans like car insurance, health insurance, general insurance, etc. Multiple brokerage plans. Free state of the art and user-friendly TICK web, app, and desktop platform. Zero Demat Account opening fees. Zero brokerage benefits for the first 30 days. No AMC for the first year. Research reports, model portfolios, and stocks and mutual funds research recommendations. R Model Portfolio and mutual fund basket recommendations. Invest in the portfolio management services. Robo assist technology platform for goal-based investing. NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO). Place Valid Till Cancelled order for maximum validity of 45 days. Free first 20 call & trade every month. An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners. Detail Review...
Dislikes	High brokerage charges. The broker levies a minimum brokerage fee, which varies across brokerage plans. NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299. Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment. Detail Review...	Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only. High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot) Delivery trading is not free as charged with 0.25% brokerage. Detail Review...	No flat brokerage plan is offered by Reliance Securities. High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox. The full-service broker does not have a toll-free number to *provide 247 customer support**. Detail Review...
Special Offers/Promo	Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
	Enquire for ICICIDirect	Enquire for Kotak Securities	Enquire for Reliance Securities

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Transaction Charges Compare	ICICIDirect	Kotak Securities	Reliance Securities
Equity Delivery	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Intraday	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr	NSE:335 Per Cr \| BSE:375 Per Cr
Equity Futures	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE	NSE:200 Per Cr \| BSE:FREE
Equity Options	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr	NSE:5050 Per Cr \| BSE:3700 Per Cr
Currency Futures	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr	NSE:90 Per Cr \| BSE:25 Per Cr
Currency Options	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr	NSE:4000 Per Cr \| BSE:100 Per Cr
Commodity	NA	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for kotak-securities	Complete Brokerage Plans for reliance-securities