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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

122 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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243. Jayant Barve  Aug 27, 2017 3:03:29 PM IST Reply
Opened on-line account. No word about collection and activation of account despite many mails. Conflicting claims. On one hand they collected Rs 500/- for opening account on the other they say this particular month they have the scheme for Rs 0 account opening charges. No word on refund of Rs 500/- since a month. No counselling of customers ! Total absence of on-line support !

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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242. Peaceful broker singh  Aug 23, 2017 12:22:20 PM IST Reply
While it site works well it is very elsborate and thus not very simple. There are no guidelines for its use.
The brokerage and Demat charges are high from market standards.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Average
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241. Nitin maggo  Aug 21, 2017 4:56:48 PM IST Reply
Brokerage-very poor total kotak securities you are very very poor other changes very high not for mutual funds are you very very poor that you are interested in (F D) yes I have a permanent 6.5 interest par years
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240. KAMESHWAR SINGH  Aug 21, 2017 11:48:20 AM IST Reply
Never open dmat account in Kotak securities

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
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239. Sagar Patel  Aug 16, 2017 11:36:28 AM IST Reply
They service is good when we want to ooen account afterwards they even don''t help the customer resolveing query.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
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238. Vishnu Aggarwal  Jul 29, 2017 1:22:11 PM IST Reply
The Other charges are very high , and we talk to agent than the other charges become lower and only genuine charges are applicable now
1. Securities Transaction Tax (STT) (.1 for delivery and .025 for intraday only for (sale+purchase)/2 value)
2. Exchange Transaction i.e. Rs 325 per Crore for equity intraday/delivery at NSE)
3. SEBI Rs 15 per Crore)
4. GST (18% on Brokerage + Exchange Transaction Charges)
5. Stamp Duty (State wise ) , In Delhi (.01 for delivery and .002 for intraday)
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237. Onkar  Jul 13, 2017 4:11:05 PM IST Reply
This is very expensive.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Average
Overall Experience - Below Average
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236. Prashanth.Ch  Jun 30, 2017 8:38:46 PM IST Reply
Brokerage charges are quite expensive.
Usability and customer service is good.
Need to improve further to become more user friendly by reducing brokerage and helping its traders and investors(users).

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Average
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235. Chandra Bhanu  Jun 29, 2017 11:10:57 AM IST Reply
hidden charge and no service

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
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234. manohar  Jun 15, 2017 1:18:33 PM IST Reply
ridiculous brokerage policy! there is not upper limit. you may ended up apying in huindres as brokerage! avoid this.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Average
Overall Experience - Below Average
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233. Gaurav  Jun 2, 2017 10:16:42 PM IST Reply
The main objective of Kotak securities are making its incomes at any point of way and the overall experience are to bad

I would strongly not recommend to use the "KOTAK SECURITIES"

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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232. Sadia Ishaque Daruesh  May 9, 2017 11:49:05 PM IST Reply
Terrible service and arrogant people to deal with. I have been trying to close my 3 in 1 account with Kotak Securities and Kotak Bank since last 4 1/2 months with no success. They simply do not respond and are extremely reluctant to close the accounts. I will never recommend anyone to open accounts with them.

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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231. Rakshith  Apr 1, 2017 2:42:39 PM IST Reply
Brokerage charge is too high

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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230. ANKIT  Mar 26, 2017 11:40:04 PM IST Reply
BCOZ IT CHARGE TOO MUCH

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Average
Overall Experience - Below Average
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229. Tanuj Baru  Mar 23, 2017 4:50:40 PM IST Reply
The app is pretty easy to use and neat. Fees are on the higher side.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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228. amit  Mar 15, 2017 8:42:31 AM IST Reply
worst customer service

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
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228.1. Dalip Singh  Mar 16, 2017 8:30:26 AM IST
I totally agree with you.Worst customer service as the agents lack product knowledge and One has to repeatedly be after them to email you the las year''s financial statements in order to file your IT returns.Brokerage too is high.
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227. Prem Gupta  Feb 23, 2017 7:14:17 PM IST Reply
If you want to make money and new in stock market Kotak securities is right place for you.

If you want to open a trading account with my reference you will get benefited zero account opening charges and brokerage discount.

http://www.kotaksecurities.com/landing-page/RefereeLP/index.html?uniqueReferrerCode=FB3I0GFC

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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226. Vikas  Feb 8, 2017 8:34:37 PM IST Reply
No other word suits to them. As it is a unfaithful company. who only know how to eat up your money.
Company have no ethics towards their customers poor customer care department and most poor branches.
Totally unfaithful company.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Very Poor
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225. Niraj Shukla  Feb 7, 2017 7:43:06 AM IST Reply
VERY BAD IN BROKERAGE OTHERWISE VERY GOOD.
IN SHORT FOR EVERY THING THEY NEED MONEY WHICH MAKES ITS POOR

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Below Average
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224. Avinashsahani  Jan 29, 2017 5:41:04 PM IST Reply
Very high brokerage and not satisfied I will not tell even my enemy to go with loyal simply playing with your hard money

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