Broker comparison
Kotak Neo (Kotak Securities) vs Sahi (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Kotak Neo (Kotak Securities) and Sahi from published official pricing and features — no affiliation with either broker.
- 0 – 1Cheaper on example trades (Kotak Neo (Kotak Securities) – Sahi)
- 6 – 4Published features (of 9)
| Metric | Kotak Neo (Kotak Securities) | Sahi |
|---|---|---|
| Delivery brokerage | 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) | ₹10 or 0.05% per order (whichever is lower) |
| Intraday brokerage | ₹10 or 0.05% per order (whichever is lower) | ₹10 or 0.05% per order (whichever is lower) |
| F&O brokerage | ₹10 per order (flat) | ₹10 per order (flat) |
| AMC | Not Disclosed | ₹0 |
| Account opening | Free (online) | Free (online) |
| Trading API | Kotak Neo Trade API — Free (per official page) | Not Disclosed |
| Reported execution speed | ≈ 80 ms (median) | P95 < 6.61 ms · mean ≈ 5.9 msself-reported |
| Algo support | Yes - via Neo Trade API | Not available - no public API on the official site |
| Platforms | Kotak Neo app, Kotak Neo web, NEST terminal | Sahi app, Sahi web, Sahi desktop |
| Best for (published) | Kotak Bank customers wanting integrated broking with research. | Active F&O and intraday traders who want the lowest flat per-order fee and modern charting. |
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.
Cost face-off: what real trades cost
| Trade | Kotak Neo (Kotak Securities) | Sahi | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹59.37 | ₹59.37 | Tie |
| Delivery: ₹50,000 buy & sell | ₹379.58 | ₹155.38 | Sahi (saves ₹224.2) |
| Options: premium ₹100 × 75 | ₹42.83 | ₹42.83 | Tie |
| Futures: ₹24,000 × 75 | ₹1,043.55 | ₹1,043.55 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Kotak Neo (Kotak Securities) | Sahi |
|---|---|---|
| Free delivery | – | – |
| Zero AMC | – | ✓ |
| Free API | ✓ | – |
| TradingView | – | – |
| MCX commodity | ✓ | ✓ |
| Mutual funds | ✓ | – |
| IPO | ✓ | ✓ |
| Research desk | ✓ | – |
| Published speed | ✓ | ✓ |
What the published data shows
Kotak Neo (Kotak Securities) has a documented public API; Sahi does not (at review time). Both publish execution-speed figures (Kotak Neo (Kotak Securities): ≈ 80 ms (median); Sahi: P95 < 6.61 ms · mean ≈ 5.9 ms) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Kotak Neo (Kotak Securities) full profile
- Sahi full profile
- Kotak Neo (Kotak Securities) brokerage calculator
- Sahi brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Kotak Neo (Kotak Securities) vs Sahi: which has lower delivery brokerage?
At our last review, Kotak Neo (Kotak Securities) published delivery brokerage as "0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month)" and Sahi as "₹10 or 0.05% per order (whichever is lower)". 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 Sahi have a trading API?
Kotak Neo (Kotak Securities) has a documented API (Kotak Neo Trade API). Sahi had no verifiable public API on its official site at review time.
Which is faster — Kotak Neo (Kotak Securities) or Sahi?
Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median); Sahi publishes P95 < 6.61 ms · mean ≈ 5.9 ms. Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Is Kotak Neo (Kotak Securities) cheaper than Sahi?
On our four example trades (intraday, delivery, options and futures), Kotak Neo (Kotak Securities) is cheaper on 0, Sahi on 1, and 3 are tied. Statutory charges are identical, so any difference comes from brokerage.
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.kotakneo.com
- Kotak Neo (Kotak Securities) - official pricing - https://www.kotakneo.com/pricing/
- Sahi - official website - https://www.sahi.com
- Sahi - official pricing - https://www.sahi.com/pricing