Axis Direct vs Kotak Securities: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAxis DirectKotak Securities
Licence Score45Moderate48Moderate
Strongest licence 2 Tier 2 2 Tier 2
Licences on record11
2 SEBI India LicensedLicensed
Founded20111994
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNoNo
PlatformsProprietaryProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Axis Direct or Kotak Securities better regulated?

Kotak Securities has the higher Licence Score (48 vs 45), based on the number and tier of licences, operating history and public listing.

Which regulators license both Axis Direct and Kotak Securities?

Both are matched to licences from SEBI.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.