Which is a Better Stock Broker in 2023, Zerodha or Kotak Securities?
It is Zerodha which is better and Best in India at this moment.
Kotak Securities charges 0.49% in delivery, which means if you trade 1 lakh rupees then your charges would be 490Rs. If your buy and sale sum of the money reached 10 lakh rupees then it is 5000Rs which is very huge. Suppose, if you use Zerodha instead then it is completely free.
Look at all options trading charges, Zerodha charges 20Rs and Kotak charges 100Rs per lot. suppose you do 10 trades than in Zerodha 200Rs is charges and the same will be 2000Rs in Kotak. Do you still want Kotak as a broker?
Above all, 21Rs for your every trade is charged as transaction fees, in Zerodha there is no such type of charges. Even for canceled orders, you have to pay in Kotak. think about it.
It is best if you choose Zerodha, it is a discount brokerage firm and provides zero brokerage charges for delivery trades.
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