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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
- 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-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.
- 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.
- 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.
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 |
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