Broker Comparison
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-02
Key charges and account features side by side.
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| Feature | Kotak Neo | ProStocks |
|---|---|---|
| Broker type | Bank Broker | Discount Broker |
| Account opening | ₹99 under Trade Free Youth plan | Plan/offer-dependent; verify official onboarding page |
| Annual maintenance | ₹0, For BSDA account with holding ₹4L | Plan/account-dependent; verify official tariff |
| Equity delivery | ₹0 (Free) under Trade Free Youth | Plan-dependent; verify official tariff |
| Equity intraday | Lower of ₹10 or 0.05% under Trade Free Youth | Plan-dependent; verify official tariff |
| Futures | ₹10 per executed order under Trade Free Youth | Plan-dependent; verify official tariff |
| Options | ₹10 per executed order under Trade Free Youth | Plan-dependent; verify official tariff |
| Commodity | ₹0 (Completely Free) under Trade Free Youth | Available only where enabled by the broker; verify current segment availability and tariff. |
| Currency | ₹10 per executed order under Trade Free Youth | Available only where enabled by the broker; verify current segment availability and tariff. |
| DP charges | ₹20 + GST | Charged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page. |
| Auto Square Off | ₹50 + 18% GST | Availability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms. |
| Call & trade | ₹70 + 18% GST per executed order | May attract an additional assisted-order charge; verify the current tariff. |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support; channels vary by broker. |
| Active Users | As of June 2026, Kotak Neo had approximately 1.4 million active clients. | Check official tariff |
Kotak Neo is a full-service stockbroking platform operated by Kotak Securities, which was incorporated in 1994. It is a subsidiary of Kotak Mahindra Bank and offers a convenient 3-in-1 account combining banking, trading, and Demat services.
The platform allows investors to trade and invest in equities, equity derivatives, commodities, currencies, mutual funds, and selected US stocks. It also provides research support, margin trading facilities, depository services, insurance products, and other investment solutions.
Kotak Securities has an extensive offline presence with more than 145 branches and around 1,000 franchise locations across over 310 Indian cities. Since Kotak Neo is primarily a digital-first platform, physical documentation and branch-level account support are generally handled through designated Kotak Securities branches.
ProStocks is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Kotak Neo is an online investment and trading platform operated by Kotak Securities Limited.
Yes, Kotak Securities Limited is a SEBI-registered stockbroker and depository participant.
Account opening is free under the standard Trade Free Plan. Charges may differ for other plans.
Under the Trade Free Plan, equity intraday costs ₹10 or 0.05% per executed order, whichever is lower, while F&O trades cost ₹10 per executed order.
Yes. Selected plans provide zero brokerage for the first 30 days and zero brokerage on Trade API orders. Terms depend on the chosen plan.
Yes, customers can combine a Kotak bank account with Kotak Securities trading and Demat accounts.
Kotak Neo provides access to stocks, IPOs, mutual funds, ETFs, bonds, commodities, currencies, futures and options.
Yes, the Kotak Neo app is available for mobile trading, portfolio tracking, research and order placement.
Yes, Kotak Neo offers Trade APIs for automated and algorithmic trading strategies.
Applicants generally need a PAN card, Aadhaar card, mobile number, email address, bank details and completed e-KYC verification.
ProStocks operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.
ProStocks brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.
Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.
The products field on this page lists the major investment and trading segments available through ProStocks. Availability and activation requirements may vary by user and segment.
ProStocks may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.
