Kotak Securities Stock Trading, Demat, Brokerage and Reviews


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Kotak Securities Ltd

Incorporated in 1994, Kotak Securities is a full services broker part of popular India based Kotak Mahindra Bank. The bank has over 1400 branches across India servicing more than 8 lakh customers. Kotak Securities Limited is among the largest trad... Know more about Kotak Securities Ltd

Kotak Securities Stock Broker Review Ratings

98 votes  Rate Kotak Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 2.8 stars Rated 2.6 stars Rated 2.6 stars Rated 3.4 stars Rated 3.2 stars
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200. Swapna Gokhale  Mar 23, 2016 1:00:40 PM IST Reply
Before few days I filed up the form in order to open Demat with Kotak. Unfortunately they entered wrong e-mail id due to which I couldn''t get the half part of the password required for activation. However after I filed up new form with correct e-mail id, just before 4-5 days....till date my e-mail id is not yet updated....most interestingly branch person is confirming me that it''s already updated....
Lot of miscommunication....
Not able to activate my demat yet....
I don''t know how long I will have to wait...
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199. ANANT KAME  Mar 15, 2016 10:50:11 AM IST Reply
i have an kotak security account I had relized that there are charges are from security side but also from demat side also, single transaction 31 rupees owwwwh. I had shocked ,I had free demat plus treading account but later on charging the demat fee 31 per single transaction . so I also had icici demat plus treading account it is also worst incase means kotak and icici are brothers but kotak security experience is very poor,so for this I am closing this account ASAP.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Below Average
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199.1. Ankit Jain  May 28, 2016 12:59:32 PM IST
All review are right dont open an account in kotak securities nd dont open account in kotak bank. This bank is begger nd chor bank which customer care is also chargeble nd the charges are too high as compared to other securitie nd there customer care I dont ever express their service mind blowing u speak but they not listen nd hold ur phone nd cut ur phone after 15 min nd u also loss ur phone balance such a bank which frustrate custome salute the person who develop such a chor bank in india for lotto indian customer rupees
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199.2. Ankit Jain  May 28, 2016 1:05:51 PM IST
Today I call customer care 3 times nd they put on hold for seprately 15 min each nd dont know my question answer nd cut phone after hold nd my 60 rs balance cut from my account I dont express my frustration about kotak bank nd secuities nd I shout on me for the time when I open an Account in such a f**k off banking.
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198. tushar jagtap  Feb 23, 2016 10:17:32 PM IST Reply
Kotak is best then sbi cap

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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198.1. kotak securities  Feb 24, 2016 4:34:22 PM IST
Hi Tushar,

Thanks for your kind words. Your feedback is noted and shared with the concerned team.

Regards,
Team Kotak Securities
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197. rashid  Feb 13, 2016 1:59:30 AM IST Reply
Hi ... My client code for kotak account is 9c1a9
The company as a whole has many hidden charges to name few .. They will charge scipt charge rs1 .. Apart from the various charges which has been paid upon trading include the buying and selling both .
They gave wrong Info as well as offer which they don''t itself dream of providing to the customers .. These companies should be handle strictly by the nse or sensex. As we the trader belong to one of the few segment of the business which pays tax as it is without any negotiations.. My suggestion to the investor are to record or get an affidavit done by the representative So that he cannot bully u
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197.1. kotak securities  Feb 15, 2016 2:32:22 PM IST
Hi Rashid,

We regret the inconvenience caused. Please be assured that we will look into the matter and address your concerns at the earliest.

Regards,
Team Kotak Securities
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197.2. kotak securities  Feb 18, 2016 11:36:38 AM IST
Hi Rashid,

Our team tried to get in touch with you, but could not reach you. Request you to provide us your preferred time to call.

Regards,
Team Kotak Securities
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196. Abhijit Dutta  Feb 12, 2016 10:56:05 PM IST Reply
exactly very poor service from kotak security demay ac. many hidden charges r there. the employee wont tell u all the thing at the time of opening this ac. very high charges.
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195. kish  Feb 8, 2016 10:41:13 PM IST Reply
waste of time and money . better option discount brokers.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Below Average
Overall Experience - Very Poor
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194. Dhruv Sen  Jan 31, 2016 9:58:58 PM IST Reply
i want to know brokrage charges .............
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193. Bhaskar  Jan 23, 2016 4:06:25 PM IST Reply
Kotak securities is very bad, too much brokerage and hidden charges

I would have read this blog before to open my account

I would like to change my broker
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192. Minakshi Chakraborty  Jan 8, 2016 5:46:49 PM IST Reply
Hi,

In addition to ALL Brokerage, STT, Service Tax etc) there is an ''unknown'' "Other Charges" that is being charged for the last 7 months. Kindly explain this ambiguous "Other Charges" that u guys are charging.

This is not charged by any other brokerage therefore I am strongly thinking about switching over and advise at least 5 of my friends to do the same.
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191. Murugs  Jan 8, 2016 8:39:12 AM IST Reply
To much hidden charges and brokerage percentage changes without any notifications and not at all user friendly with customers.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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190. Ruchita Sanghvi  Jan 7, 2016 10:53:11 AM IST Reply
The customer service to the dealing deck of kotak securities have very little know how of their clients. ot was only on the goodwill of the kotak bank thati opened an trading account with them and very disappointed

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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189. Akash  Dec 31, 2015 11:32:49 AM IST Reply
Good Website.
Good Features.

Rates can be competitive.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Average
Overall Experience - Excellent
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189.1. kotak securities  Dec 31, 2015 1:54:18 PM IST
Hi Akash,

We are glad to have received your appreciation. Happy Trading!

Regards,
Team Kotak Securities
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188. Mani  Dec 29, 2015 5:52:03 PM IST Reply
Brokerage charges very high.I Don''''t even know/Unable to findout what all charges they charged.Hence i decided to close this KS account.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Average
Overall Experience - Very Poor
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187. VJ  Dec 24, 2015 11:02:08 PM IST Reply
Dear Team, Please let me know if you have any online brokerage calculator which will
include all the tax details along with the your brokerage calculator.


Thanks in advance.
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187.1. VJ  Dec 30, 2015 8:12:30 AM IST
Hi,

Can you please update whether you will be able to provide online brokerage calculator.
I am an existing customer of Kotak Security.

Will really appreciate if someone reply to this post.


Regards,

VJ
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187.2. kotak securities  Dec 31, 2015 1:36:24 PM IST
Hi VJ,

We do not provide online brokerage calculator. However, you can access the link - LinkExternal Link for details regarding brokerage charges.

Regards,
Team Kotak Securities
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186. smit  Dec 22, 2015 1:49:42 PM IST Reply
I Want Close My Account,Help Me Out.And For New Customer Never Go With Kotak
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185. binoy kr sharma  Dec 16, 2015 3:52:59 AM IST Reply
i was totally confused abt the brokerage charges charged.... n next thing is that i was unable to trade for the last 3 days as my account was locked... i called customer care but no result.. i want to change my RMN n email id online... but not able to go to the website as the page doesnt appear... so m thinking of changing the BROKER.. binoy.....
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184. sushil  Dec 2, 2015 10:06:16 PM IST Reply
very poor service in terms of brokerage.
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183. b.ramchandra  Nov 28, 2015 4:19:53 PM IST Reply
Kotak ki brokerage bahot hi mahange hai.....inke saath to chote traders to trading kar hi nahi sakte......agar hum log kisi stock pe 10 se 20 profit lekar bahar aa bhi jaate hai to hume kuch profit nhi hota hai......ye tumhare hi level brokerage chargescki vajah se......
barbaad kr diya hai inhone chote traders ko......
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182. Nanda Kumar  Oct 9, 2015 2:31:40 AM IST Reply
Very worst care. I Don''t even know what all charges they are taking and i lost almost 5k due to broker miscommunication. Please don''t go with kotak securities.
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181. Anup Kumar  Sep 8, 2015 4:40:54 PM IST Reply
I am thinking to chang my broker.
beca0.59% + tax brokerage on delivery, 0.06% + tax in intraday and 600 + tax annual total monthly charges excluding brokerage DP+other approx 100 to 150 pm). In this compititive market where other broker charged 0.01 & 0.10 for intraday & delivery and no other charges Kotak charged unknown/ hidden charged to the customer.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Above Average
Overall Experience - Very Poor

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