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Kotak Securities Stock Trading, Demat, Brokerage and Reviews


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Kotak Securities Ltd

Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu... Know more about Kotak Securities Ltd

Kotak Securities Stock Broker Review Ratings

109 votes  Rate Kotak Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 2.7 stars Rated 2.5 stars Rated 2.5 stars Rated 3.4 stars Rated 3.1 stars
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211. M.Chandrashekhar  Jul 15, 2016 9:27:21 AM IST Reply
Brokerage is very high.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Average
Overall Experience - Below Average
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211.1. Jayant baid  Aug 22, 2016 11:23:05 PM IST
call ys chandrasekhar
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210. Ruchika  Jul 10, 2016 11:48:22 AM IST Reply
I trade through their Mobile Application which is extremely user friendly. Even the Laptop Application KEAT is very good. They allow stock margin for F&O whereas discount brokers do not allow that, so I do not have to pay in cash.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Excellent
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209. abcdef  May 12, 2016 1:44:59 PM IST Reply
Worst broker service ever in the history of trading. Wish I had some -ve stars rating since it deserved that. they took 15+ days to open my account. The site is confusing and when you will call customer care, The representative seems that they are from other world. Few times they took 20+ minutes to help me out.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
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208. Pranay  May 5, 2016 11:23:16 PM IST Reply
Never go with Kotak Securities... Poor service as compare with other Securities...
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208.1. Jayant baid  Aug 22, 2016 10:56:19 PM IST
u can see our service we provide online trading and we provide delivery scrips for investment....
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208.2. Jayant baid  Aug 22, 2016 11:18:37 PM IST
call us fr online trading best services
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207. Pranay  Apr 29, 2016 8:37:19 PM IST Reply
Very slow service....I am a account holder in Kotak securities for nearby last four year... My client I''d is 2RGY6...LAST SATURDAY I REQUEST TO KOTAK SECURITIES my account transfer from offline to online.. But after 7 days they will not transfer my account .. And they provide not any information related to this...
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206. prakash  Apr 25, 2016 11:06:31 AM IST Reply
i thought of opening trading&demat account with kotak, but seeing all these negative reviews by the kotak customers I changed my mind and don''''t want to waste my hard earned money and now I have to look for another broking
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206.1. Jayant baid  Aug 22, 2016 11:21:35 PM IST
prakash ji see our services give us the chance to make u satisfy with our services...
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205. Jalpesh Kamdar  Apr 22, 2016 7:01:15 PM IST Reply
Dear all friends...
Never ever go with Kotak Securities....Too much Hidden charges and indirectly they are eating your invested money....Be careful....If u are doing bulk buying or selling....Be careful....Making all customers fulish.....I lost too much money....I suddenly check all statements and be alert and stop doing stock dealing.....They are playing with your valuable money....
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204. HARI  Apr 16, 2016 8:25:46 AM IST Reply
I AM KOTAK SECURITES TRADING ACCOUNT HOLDER .. I SELL MY SHARES ON MONDAY... AND GIVEN REQUEST FOR MONEY TRANSFER ON WEDNESDAY....
BUT TILL NOW 4 DAYS GONE MONEY NOT TRANFERED.. I CONTACT THE CUSTOMER CARE THEY SAYING AFTER HOLDIAYS EXAMPLE IF 10 DAYS HOLIDAYS I WILL GET MY MONEY AFTER 10 DAYS ONLY .... VERY POOR TREATMENT...
MONET TRANSFER FOR KOTAK SECURITIES FROM BANK TO EQUITY IMMEDIATELY DOING BUT FROM EQUITY TO BANK POOR RESPONSE.. POOR TREATMENT... BE AWARE ....
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203. Rahul Gautam  Apr 5, 2016 9:56:14 PM IST Reply
It''s not for trading. Brokerage + taxes will surely make you cry.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Average
Overall Experience - Average
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202. praveen  Mar 23, 2016 8:22:24 PM IST Reply
I HAVE A KOTAK SECURITIES ACCOUNT LINKED TO INDUSIND BANK. brokerage before levies is rs 201.65 .how can i sell this rate in intraday .plz solve my problem
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201. SMIT  Mar 23, 2016 3:00:37 PM IST Reply
My Clint id at Kotak is SM_NA_1994.as of my experience as customer i just want to say "Kotak is injurious for your financial health"

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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201.1. kotak securities  Mar 28, 2016 11:33:06 AM IST
Hi Smit,

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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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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