Broker comparison
Kotak Neo (Kotak Securities) vs Paytm Money (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Kotak Neo (Kotak Securities) and Paytm Money from published official pricing and features — no affiliation with either broker.
| Metric | Kotak Neo (Kotak Securities) | Paytm Money |
|---|---|---|
| Delivery brokerage | Plan-based - see official pricing (Trade Free plans) | ₹20 per order - see official pricing for current schedule |
| Intraday brokerage | ₹20 per order or lower on current Trade Free plans - see official pricing | ₹20 per order (flat) |
| F&O brokerage | Plan-based - see official pricing | ₹20 per order (flat) |
| AMC | See official pricing page | ₹0 demat AMC (₹300 per year platform fee applies) |
| Account opening | Free (online) | See official pricing page |
| Trading API | Kotak Neo Trade API — See official API page | Paytm Money API — See official developer page |
| Reported execution speed | ≈ 80 ms (median) | Not Disclosed |
| Algo support | Yes - via Neo Trade API | Yes - via trading API |
| Platforms | Kotak Neo app, Kotak Neo web, NEST terminal | Paytm Money app, Paytm Money web |
| Best for (published) | Kotak Bank customers wanting integrated broking with research. | Paytm users who want investing and broking inside one ecosystem. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
What the published data shows
Kotak Neo (Kotak Securities) publishes an execution-speed figure; Paytm Money does not on verifiable sources.
Tools & profiles
- Kotak Neo (Kotak Securities) full profile
- Paytm Money full profile
- Kotak Neo (Kotak Securities) brokerage calculator
- Paytm Money brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Kotak Neo (Kotak Securities) vs Paytm Money: which has lower delivery brokerage?
At our last review, Kotak Neo (Kotak Securities) published delivery brokerage as "Plan-based - see official pricing (Trade Free plans)" and Paytm Money as "₹20 per order - see official pricing for current schedule". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Kotak Neo (Kotak Securities) or Paytm Money have a trading API?
Both have documented APIs at review time: Kotak Neo (Kotak Securities) (Kotak Neo Trade API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Kotak Neo (Kotak Securities) or Paytm Money?
Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median). Paytm Money has no verifiable execution-speed figure we could cite.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Kotak Neo (Kotak Securities) - official website - https://www.kotaksecurities.com
- Kotak Neo (Kotak Securities) - official pricing - https://www.kotaksecurities.com/pricing/
- Paytm Money - official website - https://www.paytmmoney.com
- Paytm Money - official pricing - https://www.paytmmoney.com/pricing