Dhan 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.

AttributeDhanKotak Securities
Licence Score40Weak48Moderate
Strongest licence 2 Tier 2 2 Tier 2
Licences on record11
2 SEBI India LicensedLicensed
Founded20211994
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNoNo
PlatformsProprietary, TradingViewProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Dhan or Kotak Securities better regulated?

Kotak Securities has the higher Licence Score (48 vs 40), based on the number and tier of licences, operating history and public listing.

Which regulators license both Dhan 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.