Kotak Securities

 

Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one of the leading private banks in India.

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Kotak Securities offer its services through 150+branches and 1300+franchisees across 360+cities.

Kotak Securities USP

What makes Kotak Securities different from the competition?

• 25+ years of experience.
• Part of prestigious Kotak Mahindra Bank.
• Offer 3-in-1 account (Bank + Trading + Demat Account)
• Physical presence in 393 cities.
• Free Technical, Fundamental, Derivatives, Macro-economic and mutual fund research.
• Different brokerage plans to suit your needs.

Account Types

1. Trinity Account (3-in-1 account)

   Kotak 3-in-1 account(Trinity account) is a combination of a savings bank account, trading account, and a Demat account. It offers a seamless and hassle-free trading experience to trade/invest in IPO, bonds, ETFs, ESOPs, derivatives, and equity.

2. 2-in-1 Account

   The Kotak Securities 2-in-1 accountis a combination of a trading and Demat account. Investors can choose their external bank accounts.

3. Private Client Group

   Private Client Group is an exclusive offering designed to cater to the needs of high net worth (HNI) individuals. It offers a comprehensive product suite, a dedicated relationship manager, and in-depth research.

4. NRI Account

   Kotak's NRI account allows NRI investors to trade in Indian stock markets. The 3-in-1 NRI accountoffers triple benefits of savings, trading, and Demat account. With this account, NRI investors can trade in bonds, ETFs, ESOPs, equity, derivatives, etc.

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Kotak Securities Charges 2023

Kotak Securities Brokerage Plans

Plan Name	Trade Free Plan	Trade Free Youth Plan
What it is?	ZERO brokerage on intraday trades across all segments	Investors or traders under 30 years of age, Pay ZERO brokerage on all trades
Account Opening Fee	FREE	FREE
Plan fee	Rs 99 Incl. of GST	Rs 499 incl. of GST (Annual) Rs.299 incl. of GST for 1st year during account opening.
Validity	Lifetime	2 years
Intraday Brokerage	FREE (All segments)	FREE (All segments)
Equity Delivery	0.25% or Rs 20 whichever is higher	FREE (All segments)
Carry forward (All applicable segments)	Rs 20 per order	FREE
Interest on Margin Trading Facility	0.049% per day	0.049% per day
Interest on Stock used as margin for derivative trades	0.049% per day (applicable only if the non-cash collateral limit is above 50% of the total margin required).	0.049% per day (applicable only if the non-cash collateral limit is above 50% of the total margin required).
Brokerage Cashback	NA	Upto Rs 4,128 for 90 days on all trades post 1st MTF trade
Demat AMC	Rs 50 per month	Rs 50 per month

Note: To avail for lower interest rate benefit at in Margin Trading Facility, a customer can subscribe to the Trade Free Max plan with an annual subscription fee of Rs 2499 + GST.

Dealer Assisted Brokerage Plan

The dealer-assisted brokerage plan gives you a dedicated dealer to discuss, plan and strategize your investments. The dealer can also act as your financial advisor and assist you in managing your portfolio.

Account opening fee	Rs 499 (One time)
Equity Delivery	0.39%
Equity Intraday	0.039%
Equity Futures	0.039%
Equity options	Rs 39 per lot
Currency futures	Rs 9 per lot
Currency options	Rs 5 per lot
Commodity futures	0.039%
Commodity Options	Rs 39 per lot
Minimum Brokerage	Rs 21 per executed order subject to ceiling of 2.5% of contract value
Margin Trading Facility Interest rate	0.025 % per day
Interest on stock used as margin for derivative trades	0.042 % per day