Indiabulls Securities Vs Kotak Securities Vs 5paisa: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Indiabulls Securities Vs Kotak Securities Vs 5paisa: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare indiabulls securities vs kotak securities vs 5paisa on service, account opening charges and amc, compare indiabulls securities vs kotak securities vs 5paisa on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Service
- Account Opening Charges and AMC
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Transaction Charges
- Account Features
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Account Features
- Trading Platform
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Trading Platform
- Broker Ratings by Users
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on User Rating
- Investment Offerings
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Investment Offerings
- Margin Trading Facility
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on MTF
- API
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on API Details
- Customer Service Offered
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Customer Service
- Tips/Research/Reports Published
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Research Reports, Tips
- Demat Account
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Indiabulls Securities vs Kotak Securities vs 5paisa on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- No 3-in-1 account opening services.
- No 24/7 customer support.
- 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.
- 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency
- 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O
- 💰 Flat ₹20 Brokerage per Trade
- Last Updated on Sat, May 9, 2026
Data Tables
| Segment | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 25 + GST per month from 1st month | Rs 600 PA | Rs 300 PA |
| Provide DP Service | Yes | Yes | Yes |
| Plan Types | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| Multiple Plans | No | Yes | No |
| Monthly Plans | Yes | No | No |
| Yearly Plans | No | No | No |
| Indiabulls Securities | Kotak Securities | 5paisa | |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account |
| Transaction Charges Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for indiabulls-securities | Complete Brokerage Plans for kotak-securities | Complete Brokerage Plans for 5paisa |
| Account Features Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| 3 in 1 Account | No | Yes | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | No | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | No | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | No | Yes |
| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
| NRI Trading | Yes | Yes | No |
| Other Features | NIL |
| Trading Platform Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Power Indiabulls Web | https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat | https://login.5paisa.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Indiabulls Securities App | Kotak Neo | 5paisa Mobile App |
| Mobile Trading App Demo | Indiabulls Securities App | Kotak Neo | 5paisa Mobile App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Android Indiabulls Securities App Download | Android Kotak Neo Download | Android 5paisa Mobile App Download |
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | iOS Indiabulls Securities App Download | iOS Kotak Neo Download | iOS 5paisa Mobile App Download |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (IOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Indiabulls Securities | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities | Equity Intraday and Delivery Brokerage Calculator for 5paisa |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Indiabulls Securities | Futures Brokerage Calculator for Kotak Securities | Futures Brokerage Calculator for 5paisa |
| Options Brokerage Calculator | Option Brokerage Calculator for Indiabulls Securities | Option Brokerage Calculator for Kotak Securities | Option Brokerage Calculator for 5paisa |
| Detail | Detail on Trading Platforms for Indiabulls Securities | Detail on Trading Platforms for Kotak Securities | Detail on Trading Platforms for 5paisa |
| Indiabulls Securities | Kotak Securities | 5paisa | |
|---|---|---|---|
| 34 Customer reviews Rate | 83 Customer reviews Rate | 28 Customer reviews Rate | |
| Fees Ratings | 3.6 | 2.6 | 3.2 |
| Trading Brokerage Rating | 3.5 | 2.7 | 3.9 |
| Trading Platform Usability | 3.9 | 3.2 | 3.4 |
| Customer Service Ratings | 3.4 | 3.1 | 2.8 |
| Overall Rating | 3.6 | 2.8 | 3.2 |
| Broker Rating | Indiabulls Securities is Rated 3.6 / 5 based on 34 customer reviews | Kotak Securities is Rated 2.8 / 5 based on 83 customer reviews | 5paisa is Rated 3.21 / 5 based on 28 customer reviews |
| Investment Offerings Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | Yes | No |
| Insurance | No | Yes | Yes |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | No | Yes | No |
| Other Investment Options | Research & Advisory | NIL | Smallcase, US stocks |
| MTF Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| MTF Leverage | Up to about 4x leverage | 4-5x leverage on 1500+ stocks | Up to 4x leverage on 1500+ stocks |
| MTF Interest Rate | 14% p.a. | 9.69% p.a. | 0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates |
| MTF Segment | Equity Delivery | Equity Delivery | Equity Delivery (NSE and BSE) |
| MTF Pledge Charges | ₹20 per ISIN per pledge | ₹20 per ISIN | ₹25 per scrip |
| MTF Unpledged Charges | ₹20 per ISIN per unpledge | ₹20 per ISIN | ₹25 per scrip |
| Maximum MTF Funding | – | ₹20 crore per account | NA |
| API Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| API Type | Portfolio API Order API WebSocket API Report API Basket API ScripMaster API | Neo Trade API (Quote, order, positions, reports, etc.) WebSocket API ( real-time data) | Trading API (Order management, Market Data, and portfolio API) Market Data API |
| API Charges | Free | Free | Free |
| Customer Service Compare | Indiabulls Securities | Kotak Securities | 5paisa |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | No | Yes | No |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | Yes | No |
| Through Branches | Yes | Yes | No |
| Customer Care Number | 022-61446300 | 1800 209 9191 | +91 89766 89766 |
| Account Opening Process | Online paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.ibullssecurities.com/blogs-page | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank | https://www.5paisa.com/knowledge-centre |
| Head Office Address | Indiabulls Securities HeadofficePlot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase – I, Gurugram – 122016 | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 | 5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 |
| Website | https://www.ibullssecurities.com/ | https://www.kotaksecurities.com | https://www.5paisa.com/ |
| Indiabulls Securities | Kotak Securities | 5paisa | |
|---|---|---|---|
| Research Mutual Funds | No | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | No | Yes | No |
| Daily Market Report | No | Yes | Yes |
| Free Tips | No | Yes | Yes |
| Quarterly Result Analysis | No | Yes | No |
| News Alerts | Yes | Yes | Yes |
| Indiabulls Securities | Kotak Securities | 5paisa | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 29900 | 25100 | 82500 |
| Demat Account Annual Maintenance Charges(AMC) | Rs 25/month AMC + GST | ₹780 pa | ₹300 pa |
| Advance Deposit | Nil | NA | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever | 0.04% (Min ₹27) + CDSL charges | ₹12.50 per ISIN |
| Demat | ₹5 per certificate (Min ₹50 per request) | ₹3 per certificate + ₹50 courier charges | ₹15 per certificate |
| Remat | ₹35/- for every 100 securities/MF units or part thereof | ₹10 for every hundred securities (Min ₹15) | ₹15 for every hundred securities or ₹15 per certificate whichever is higher |
| Pledge Creation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | ₹12.50 per script |
| Pledge Creation Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | NIL |
| Pledge Closure | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | ₹12.50 per script |
| Pledge Closure Confirmation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | NIL |
| Pledge Invocation | ₹35 or .02% of the transaction value (whichever is higher) | 0.05% of transaction value (Min ₹30) | NIL |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
| Indiabulls Securities | Kotak Securities | 5paisa | |
|---|---|---|---|
| Likes | Investment Product Suite with access to stocks, derivatives, currencies, commodities, IPOs, mutual funds, and other products. Quick and hassle-free onboarding process via Indiabulls Securities app or website Comprehensive trading platforms with mobile app, web portal, and PIB desktop terminal Offers advanced orders like basket order, bracket order, cover order. Free API Access and IB Algo for algo trading NRI trading is available with Indiabulls Securities. 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… | Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. Detail Review… |
| Dislikes | No 3-in-1 account opening services. No 24/7 customer support. 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… | Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… |
| Special Offers/Promo | Current Promotion offer from Indiabulls for InvestorGain Visitors 🆓 Free Account Opening 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency 💰 Free Mutual Funds & IPO Investment ⚡ Trade up to 4x Margin on MTF 🚀 Open Instant Indiabulls Account Now! | 💼 Kotak Securities Trade Free Plan 🆓 Free Account Opening 💹 Flat ₹10 per Trade Brokerage on Intraday & F&O Open Instant Account Now | 🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! |
| Open Kotak Securities Account Now | Open 5paisa Account Now |
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