Kotak Securities brokerage charges

Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank. They are corporate members with the Bombay Stock Exchange and the National Stock Exchange. Kotak are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak Securities have 1209 branches, franchisees and satellite offices and covers around 400 cities across India. They have 11.95 Lakh customer accounts  and Over 5 Lakh trades per kotak_securities_reviewday. They are able to provide 3-1 account as you can have all a bank account, Trading account and Demat account with HDFC.

Account opening fees:

  • Trading Account Opening Charges (One Time): Rs 750
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): – Ro 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 600 per annum

Kotak Brokerage Charges:-

Below you will find the latest Brokerage rate of Kotak security.

BROKERAGE CHARGES 2016-17
TRADE TYPES BROKERAGE
Equity Delivery 0.50%
Equity Intraday 0.05%
Equity Futures 0.05%
Equity Options Rs 300 per lot
Currency Futures 0.04%
Currency Options Rs.20 per lot

Services:-

  • Stock Broking services:- Trade in the Stock Market, invest in IPOs, Mutual Funds or Currency Derivatives using whichever mode that suits you best. Online, offline or even on  stock trading app.
  • Portfolio Management services:- Portfolio Management Service with expert advice
  • Dual benefit: Stock Brokers + Depository Participants:- Kotak Securities is not just a stock broking firm. They are also participants with depositories like the NSDL and the CSDL. That means you can now execute transactions using their stock broking services and settle your trades using their depository services.
  • Research Expertise:- Benefit from in-depth stock market analysis.
  • Updated Market Data:- you benefit from the street smart tips, up-to-the-minute market information and inside news that their sales teams deliver on a daily basis.
  • International Reach

Kotak Securities’s Trading Platforms

Trading platform of Kotak Securities are as follows:-

  1. Website Based Trading– Kotak also offers a light weight trading website ‘Xtralite’, which can be used by investors if they have low bandwidth connection. This does not provide charting and some other data heavy functionality but you should be able to buy and sell easily using this platform. It is good for trading on 2G.
  2. Trading Terminals (KEATProX)– Kotak offers two different trading terminal based application which are very popular among stock traders.
  • KEATProX is an exe based installable desktop application providing fastest trading experience. It can be used by advanced traders for doing technical analysis etc
  • FASTLANE is a Java applet based application which gives you a trading terminal kind of experience without any installation on your computer.

keat-kotak

  1. Kotak Stock trader– This is the app based trading platform provided by HDFC sec. On this app, you can trade online, track your portfolio, get live streaming quotes and much more. This is free with any account and you can use this for trading on the go.

kotak_stock_trader

Kotak security is good for someone who is looking for 3-1 account but there brokerage is on a higher side. To read more about the best stock brokers in India, read our review on Top 10 stock brokers in India.

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Summary
Review Date
Reviewed Item
Kotak Securities Brokerage charges and review
Author Rating
3

Comments

  1. Hello friends avoid kotak securities they says brokerage less but they charge other charges 0.02 percent it means it because buying and selling intraday .06 p for going this we can trade in angel brokering very reasonable rate .01 intraday and just 0.01 other charges i am using both but angel rocks

    • I want to open an account with Kotak securities.
      I am an investor o I want to know on delivery buying what other charhes they charge you and also heard they charge on selling delivery .04% of delivery volume other than their brokerage and govt and seci necessary charges

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