Broker comparison
Kotak Neo (Kotak Securities) vs Pocketful (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Kotak Neo (Kotak Securities) and Pocketful from published official pricing and features — no affiliation with either broker.
| Metric | Kotak Neo (Kotak Securities) | Pocketful |
|---|---|---|
| Delivery brokerage | Plan-based - see official pricing (Trade Free plans) | ₹0 (free; ₹0.01 minimum per order) |
| Intraday brokerage | ₹20 per order or lower on current Trade Free plans - see official pricing | ₹20 or 0.03% per order (whichever is lower) |
| F&O brokerage | Plan-based - see official pricing | ₹20 per order (flat) |
| AMC | See official pricing page | ₹0 |
| Account opening | Free (online) | Free (₹0 online) |
| Trading API | Kotak Neo Trade API — See official API page | Pocketful API — Free (₹0 for all trading APIs, per official site) |
| Reported execution speed | ≈ 80 ms (median) | < 50 ms (self-reported)self-reported |
| Algo support | Yes - via Neo Trade API | Yes - free API |
| Platforms | Kotak Neo app, Kotak Neo web, NEST terminal | Pocketful app, Pocketful web |
| Best for (published) | Kotak Bank customers wanting integrated broking with research. | Algo-curious traders willing to try a newer platform. |
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
Pocketful publishes free equity delivery; Kotak Neo (Kotak Securities) does not (per official pricing at review). Both publish execution-speed figures (Kotak Neo (Kotak Securities): ≈ 80 ms (median); Pocketful: < 50 ms (self-reported)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Kotak Neo (Kotak Securities) full profile
- Pocketful full profile
- Kotak Neo (Kotak Securities) brokerage calculator
- Pocketful brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Kotak Neo (Kotak Securities) vs Pocketful: 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 Pocketful as "₹0 (free; ₹0.01 minimum per order)". 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 Pocketful have a trading API?
Both have documented APIs at review time: Kotak Neo (Kotak Securities) (Kotak Neo Trade API), Pocketful (Pocketful API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Kotak Neo (Kotak Securities) or Pocketful?
Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median); Pocketful publishes < 50 ms (self-reported). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
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/
- Pocketful - official website - https://www.pocketful.in
- Pocketful - official pricing - https://www.pocketful.in/pricing