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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

94 votes  Rate Kotak Securities

Overall Rating Fees Brokerage Usability Customer Service
Rated 2.9 stars Rated 2.6 stars Rated 2.7 stars Rated 3.4 stars Rated 3.2 stars
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151. gurumurthy  Jan 9, 2015 11:43:22 AM IST Reply
Kotak charges very high brokerages.very very poor
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150. Suresh  Jan 5, 2015 1:30:26 PM IST Reply
How to convert my demat account to BSDA account??
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149. Dipankar  Jan 3, 2015 2:06:22 PM IST Reply
Hi
At time a/c open they have nt say the hidden brokerage..now they are taking 2% brokerage per unit extra 21/-. Strange..
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148. Dipankar chakraborty  Jan 3, 2015 1:36:52 PM IST Reply
I am a During trading 2% brokerage is applied. Bt website is nt showing thst. I am operating thru an authorised kotak advisor. Pls help
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147. Samirr  Jan 3, 2015 12:40:42 AM IST Reply
hi,

it is strange that they don''t have simple intraday.
its horrible.
even their FAQs are not clear. also, I don''t see any my current brokerage anywhere in my account. strange.
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146. yash  Jan 1, 2015 11:06:04 AM IST Reply
Can I open Basic Service Demat account??
Please send me downlink if possible
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145. Namdeo shinde  Dec 30, 2014 7:05:00 PM IST Reply
hi,

kotak securities is relay very bad. they initially told mi brokerage rate 2/intraday and 20/delivery paise per 100. but when i trade it is not reality they charge more.


why they not cleared initially minimum 21/- clause.
at the time of account opening.

i am moving to another brokerage firm
please do not open account with kotak.
very high brokerage rate.


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144. mayur pandey  Dec 18, 2014 9:46:44 AM IST Reply
worst company sab charges hidden hai pehle apko trading k liye securities ko pay karne hoge aur fir kotak bank ko yani agar aap 1000 rs ka value share lete ho to buy k liye 27+27 dene honge aur sell k 27+27 yani total 108 rs means aap 10.8 percent pay kar rahw ho
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143. GA  Nov 22, 2014 12:55:04 AM IST Reply
Kotak charges very high brokerages. When you contact customer care, they say visit your branch for brokerage details. They have also reduced prepaid brokerage plans! Too expensive...thinking of closing account
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142. dheeraj  Nov 16, 2014 9:31:21 AM IST Reply
Kotak will make you fool if you directly go to them and ask for opening demat account and there customer support is very poor they will not tell you clear reply. They always reply that you have to go to branch for any thing you ask for.
Ultimate bakwas.
I am closing my account with them.
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142.1. Sindhu  Jan 27, 2015 11:22:40 PM IST
Even I have same problem. The worst customer support I have ever seen. No one is responding. Not even helping in the deactivation of this WASTE Demat account.
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141. nks  Nov 12, 2014 1:40:18 PM IST Reply
Dear Friends,
Kotak minimum brokerage charge is Rs.21/- either it is delivery or intraday. I suggest management of kotak securites ltd. to remove this minimum charges of Rs.21/- immediately.
nks
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140. prashanth  Nov 11, 2014 5:37:13 PM IST Reply
customer support is poor,BROKERAGES are high. need to move to a different broker, been with them for 9 years now

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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139. prashanth  Nov 11, 2014 5:35:05 PM IST Reply
I am with kotak for the last 9 years, overall very disappointed with the service. Looking to move to ventura as the brokerages are reasonable and reaserach sms are provided.
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138. VISHWAS  Nov 6, 2014 2:55:02 PM IST Reply
Dear Sir,

I opened Offline Demat Account instead of online account.so i cant place
an order.. the requested to agent convert to offline to online.. than he told i have close offline account than i have open fresh online account with account opening fees 750.00.. and he told if want to make an transaction online i should i have balance of 100000.00 or shares of this much amount...please suggest me
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137. Rakesh  Oct 29, 2014 4:32:56 PM IST Reply
hi

Lack of brokers trading knowledge, profitability very very low, I am not happy with this. I used this passed 4yrs my overall profitability ration is 5% out of 100%. very poor.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Very Poor
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136. Venkat  Oct 25, 2014 11:50:43 AM IST Reply
Very very high brokerage for retail investors with the 21/- minimum brokerage of one executed order.

If you invest 1000/-, buy brokarage sell brokarage and DP account ITS SEVEN VERY VERY HIGH).

Then how can you earn profit.
If you want to invest 1lack rupees in stock market you won''t invest on only one stock on one day so brokerage is very very high.

Even though you got 10% profit you need to pay 7% brokerage so waste of using it.



Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Very Poor
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135. VIV  Oct 20, 2014 2:46:21 PM IST Reply
THE WORST COMPANY . I EVER VISITED . THEY ARE TOTALLY FRAUD . KAHENGE KUCH KARENGE KUCH . I BET AAP JO BHI MARJIN INHE DOGE YAKEENAN YE PEE JAYENGE . DACOIT HAI SALE . CHOR
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134. rakesh  Oct 11, 2014 2:21:26 PM IST Reply
Hi sir
I m really very with the services of kotak, however the look of your online trading portal is really very bad.it look like a student of 10th standard has designed it. At least look some other site what website at least you can learn from them. Please improve it if you really wanna customer to be with you.
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134.1. kotak securities  Oct 14, 2014 12:04:12 PM IST
Hi Rakesh,

Thank you for writing to us. Your feedback has been noted.

Regards,
Team Kotak Securities
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133. Sachin  Oct 4, 2014 12:21:17 AM IST Reply
I am going to close my 1 year old account with Kotak, they are charging 4 times more brokerage on small scrips below 10rs.
Its better to open account with discount brokers.
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132. Pink Moni Bordoloi  Oct 3, 2014 5:46:23 PM IST Reply
hi, i want to know about a 3 in 1 trading accont plz guide

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