Kotak Securities
Full Service Broker
About Broker
Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank Limited, is one of the leading stockbrokers in India. The company offers a wide range of trading and investment services, including research and advisory services, portfolio management services, wealth management, and more. As of February 2024, Kotak Securities has an active client base of 1,179,674.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
account opening
Freeaccount maintenance
₹600plan charges
₹499call trade
₹49Brokerage
equity delivery
Zeroequity intraday
Zeroequity futures
Zeroequity options
Zerocurrency futures
Zerocurrency options
Zerocommodity futures
Zerocommodity options
ZeroMargins
Equity Delivery
5x As per exchangeEquity Intraday
5x As per exchangeEquity Futures
4x As per exchangeEquity Options
1x/5x Buy 1x , Sell 5xCurrency Futures
40x As per exchangeCurrency Options
1x/40x Buy 1 x , Sell 40xCommodity Futures
8x As per exchangeCommodity Options
6x As per exchangeCharges
account opening
₹99account maintenance
₹600call trade
₹70Brokerage
equity delivery
0.25% on order valueequity intraday
Zeroequity futures
₹20 per orderequity options
₹20 per ordercurrency futures
₹20 per ordercurrency options
₹20 per ordercommodity futures
₹20 per ordercommodity options
₹20 per orderMargins
Equity Delivery
5x As per exchangeEquity Intraday
5x As per exchangeEquity Futures
4x As per exchangeEquity Options
1x/5x buy/sellCurrency Futures
30x As per exchangeCurrency Options
1x/40x buy/sellCommodity Futures
8x As per exchangeCommodity Options
6x As per exchangePlatforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
Kotak Securities offers a wide range of investment options, including equity, debt instruments, mutual funds, and derivatives.
The company provides daily alerts, market pointers, research reports, and stock recommendations to its customers.
Customers have the option to make international investments, such as investing in US stocks.
NRIs are also eligible to open an account with Kotak Securities.
Call and email support are available to address customer queries.
Disadvantages of this broker that it needs to improve upon.
Call & Trade charges vary depending on the frequency of investments.
In the online process, it supports accounts only with scheduled banks.
The offline account opening process is time-consuming and cumbersome.
It has comparatively higher charges for equity delivery.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00335%
NSE:
clearing charges
--
dp charges
0.04% of the value of securities (subject to minimum of Rs.20)
gst
18% on Brokerage + Transaction
stt
0.1%
sebi charges
Rs 10 per crore
transaction charges
BSE: 0.00375%
NSE:
clearing charges
--
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.025%- sell side
sebi charges
Rs 10 per crore
transaction charges
NSE:
clearing charges
dp charge
--
gst
--
stt
0.0125% - Sell-side
sebi charges
Rs 10 per crore
transaction charges
NSE:
clearing charges
dp charge
₹ 0
gst
--
stt
0.0625% - Sell-side
sebi charges
Rs 10 per crore
