Broker comparison

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AttributeHDFC SecuritiesKotak Neo
Brokerage0.50% delivery / 0.05% intraday₹20 / Intraday & F&O order
TypeFull-service brokerDiscount broker
Account opening₹999Free (₹0)
AMC₹750/yr₹0 (linked Kotak bank account fees may apply)
Equity delivery0.50%₹0 (promotional)
Intraday / F&O0.05%₹20 per order
DP charges₹25.5 + GST₹20 + GST
SEBI registrationINZ000186937INZ000200137
Charges last verified20 Oct 202620 Oct 2026
Our ratingRating 3.8Rating 4.4
Best forHDFC Bank customers wanting branch supportTraders who want ready-made strategies with a banking relationship
Hidden charges to watchCall & trade ₹50 per order; high AMC; account opening feeStreak and StocksBasket strategy subscriptions; 3-in-1 bank charges
SegmentsEquity, F&O, Currency, Debt, Mutual fundsEquity, F&O, Currency, Commodity
Account opening₹999-
Highlights3-in-1 with HDFC Bank, Research & advisory, Branch networkNeo app, StocksBasket, Neo Streak, Intelligent Trading Bot
Open accountHDFC SecuritiesKotak Neo

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