Promoted by Kotak Group, Kotak Commodity Services Limited (KCSL) is engaged in the business of commodity trading. KCSL offers Commodities Broking Services, Hedging Solutions and Arbitrage Desk to meet the requirements of the market. KCSL is a trading member of MCX, NCDEX & ACE. It is also a member of NCDEX Spot Exchange.
KCSL is also connected with All India Cottonseed Crushers Association, Cotton Association of India and The Solvent Extractors Association of India. They provide commodity specific research to their investors..
Kotak Commodity offers online commodity trading to their individual investors through Individual Trading platform. This platform allows their investor to trade in any commodity futures listed on the national commodity exchanges. This platform offers daily, weekly and special research reports on commodities and SMS services for intra-day technical calls.
This platform is mainly suitable for corporate clients. The Kotak Commodity Corporate Desk offers trading and hedging solutions to their investors. This only works on their clients independent decision. KCSL helps them in their hedging process, including implementation and continuous monitoring of their positions. Clients mainly comes in Corporate Desk are Proprietary Firms, Partnership Firms, Public and Private Limited Companies and HUFs. This platform offers In-depth research on commodities of individual interest, direct access to the research team and products and dedicated relationship manager.
Through Arbitrage Desk Kotak Commodity offers a range of limited risk products. These products offers fixed source of returns. The Arbitrage Desk keeps track of price movement of commodities across markets and spots arbitrage opportunities on real time basis. The desk then, based on the clients' instructions / orders helps them from the stage of procuring the commodity, storage and selling, till making delivery of the same. Kotak Commodity's Arbitrage Desk has a reach in all major mandis across the country.
Kotak provides two online commodities trading products for different types of customers. Following are the products available from Kotak group for commodity traders in India
This is best online trading account for beginners. This account provides access to all the research and trading facilities that are needed to help investor to execute the trades. One can activate Kotak Commodity Gateway Account with initial margin between Rs 30,000 to Rs 5,00,000. This has to be in form of cash margin only.
This is the best online commodity trading account for seasoned trader. It is an internet based trading account. One activate Kotak Commodity Privilege Circle Account with initial margin of Rs. 5,00,000/- and above. This has to be in the form of cash deposits only.
Advantage:It has all the features which Gateway account provides. Other than that this account also has
|Brokerage Slab for Derivative Segment|
|Avg Monthly volumes (Assuming 22 working days)||Intraday brokerages (Each Side)||Settlement (Each Side)||Account Types|
|< 2 cr||0.07||0.09||Gateway A/C|
|2 - 5.5 cr||0.045||0.073|
|5.5 - 10 cr||0.036||0.046|
|10 - 25 cr||0.027||0.046||Privilege Circle A/C|
|25 cr and above||0.023||0.032|
For online trading with Kotak Commodities, investor has to open an account. Following are the ways to open an account with Kotak Commodities:
Kotak Commodity Services Ltd
1st Flr, Nirlon House, Near Old Passport Office,
Dr. A. B. Road, Worli, Mumbai 400025,
Phone: +91 22 66528989 / 66528800
Fax: +91 22 24924696
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Rs 899 Unlimited Equity
Rs 499 Unlimited Currencyor Rs 15/Trade
Lowest Transaction Charges
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Rs 0 account opening fee
(Rs 400 waived)