Broker comparison
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| Attribute | Aditya Birla Money | Kotak Neo |
|---|---|---|
| Brokerage | 0.50% delivery / 0.05% intraday | ₹20 / Intraday & F&O order |
| Type | Full-service broker | Discount broker |
| Account opening | Free (₹0) | Free (₹0) |
| AMC | ₹450/yr | ₹0 (linked Kotak bank account fees may apply) |
| Equity delivery | 0.50% | ₹0 (promotional) |
| Intraday / F&O | 0.05% | ₹20 per order |
| DP charges | ₹20 + GST | ₹20 + GST |
| SEBI registration | INZ000002961 | INZ000200137 |
| Charges last verified | 20 Oct 2026 | 20 Oct 2026 |
| Our rating | Rating 3.5 | Rating 4.4 |
| Best for | Group customers consolidating financial products | Traders who want ready-made strategies with a banking relationship |
| Hidden charges to watch | Minimum brokerage per order; call & trade ₹25 | Streak and StocksBasket strategy subscriptions; 3-in-1 bank charges |
| Segments | Equity, F&O, Currency, Mutual funds | Equity, F&O, Currency, Commodity |
| F&O (all segments) | Per-contract slabs | - |
| Highlights | Group financial ecosystem, Research notes | Neo app, StocksBasket, Neo Streak, Intelligent Trading Bot |
| Open account | Aditya Birla Money | Kotak Neo |
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