Kotak Securities Stock Trading, Demat, Brokerage and Reviews


Kotak Securities Logo

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
avatar
100. K Agarwal  Jan 16, 2014 11:09:07 PM IST Reply
All of sudden started to charge 21/- per transaction. It is too much for investor doing trasaction of small lot. If doing 10 transactions of 10 shares each then charges are 210/-. It is too much if transaction value is less than 5000/-.
avatar
99. Manju  Jan 4, 2014 10:29:13 AM IST Reply
Hi Team,

I brought 166666 Shares for the price of 0.09 per share Total value of the shares is RS 15000 and they are charged more brokerage charges then my share which is not at all acceptable
(166666 * 0.04=6666.64)
avatar
99.1. Manju  Jan 4, 2014 10:34:42 AM IST
When RM came that time they said only on total value of the shares now they were says on Qty as well be care full with Kotak security. Really if you are decided to have trading account, please go for alternative
avatar
98. Vikash  Dec 29, 2013 8:40:51 AM IST Reply
high brokerage, most of my profit goes out in brokerage ....going to move to some other broker
avatar
97. Pitchai Devarajan  Dec 27, 2013 9:13:35 AM IST Reply
The Brokerage charges of Kotak Securities is very high. I have been with them for 8 years and I strubbled upon this website, and to my suprise I have been paying higher brokerage for my Option Trading. I seriously do not know how they are suviving.
avatar
97.1. Manju  Jan 4, 2014 10:36:59 AM IST
Yes I agree
avatar
96. KVR  Dec 18, 2013 7:19:44 AM IST Reply
Kotak Demat does not work on mobile phone with windows OS. The brokerage charges are very high and many hidden charges. Kotak DEMAT a/c not advisable for small investors. they will eat into investors profits. The only merit with kotak is the trading platform is easy.
avatar
96.1. Sid  May 18, 2014 3:39:47 PM IST
I recently opened my account in Kotak Securities .My demat and trading account is not yet activated. was reading these reviews :

My relationship manager told to me that for corporate users , the brokerage value is low , like , Rs 0.20 per 100 Rs. Therefore If I''m buying shares worth of rupees 1000 total , then I have to pay (1000/100)*0.20 = 2 Rs as brokerage value.

After reading this comments tried to reach out to my relationship manager. If these comments are true , then it will be very bad for me.
avatar
95. nk  Dec 13, 2013 12:14:50 PM IST Reply
I wanted to open online trading.what are the records must be given?what are the brokerage charges?is it apply for one side or to side
avatar
94. Malik ullah  Dec 4, 2013 4:44:09 PM IST Reply
I have opened demat account.. and i had been promised to get an offer of 1000 rs free share of any blue chip company.... i used to call kotak security team but every time they promised to give that offer ASAP..its been 2 months i have been following up..and there is no follow up from there side nor even they care to answer the queries..

i have a very bad experience and i am going to close it ASAP...
avatar
93. A Gupta  Nov 20, 2013 5:44:12 PM IST Reply
I have been offered a "Advance Plan", which offers to refund full brokerage along with Service Tax. The plans are for Rs.7500, Rs.10,000, Rs.25,000, Rs.50,000, And Rs.1,00,000 Valid for one year. Suppose I chose a plan of Rs.7500 for 12 months and generate a brokerage of Rs.6000 then fee of Rs6000 would be reversed to my account. if the brokerage generated is Rs.10000.00 then only fee of Rs.7500 is reversible as the maximum amount reversible is the advance fee. The reversible will be done on monthly basis till the end of tenure.I am also told that I can pay additional advance brokerage in between to avail the reversible. Is this true?A.Gupta
avatar
92. umar  Nov 12, 2013 8:35:37 PM IST Reply
that is very bad service
i ask to d office that when u r going to deposit my cheque they told me that it is not possible before deiwali u can cash
bt they deposit my cheque before diwali and it is bounce
atleast confirm once before deposting realy irritating
avatar
92.1. umar  Nov 14, 2013 4:13:15 PM IST
what is procedure to deactive demat account of kotak
avatar
92.2. kotak securities  Nov 18, 2013 10:52:35 AM IST
Hi Umar,

We would like to get in touch with you to understand your concerns. Request you to share your client id here for us to progress matters further.

Regards,
Team Kotak Securities.
avatar
91. RRitesh  Nov 9, 2013 10:43:42 PM IST Reply
On 8 august I jobbing of rs 150000 and paid 450 as brokerage other charges how can survive with such high brokerage of kotak securities
avatar
91.1. uday  Nov 10, 2013 9:19:18 PM IST
kotak Brokerage charge too high such as other brokerage......
I have 2 demat a/c... SBI & KOTAK...
and i will close my kotak demat a/c.....
avatar
90. UDAY  Nov 5, 2013 9:58:36 PM IST Reply
when i open demat a/c in kotak sec. they told me a/c oppening charge 750. but when i open my new a/c in kotak sec. charge from me rs 1500. a/c opening charge + check bouncing 1200+350.

so my opinion don''t open demat a/c in kotak sec. bcoz many hidden charge in kotak sec....
avatar
89. Shabeer  Nov 4, 2013 12:51:55 PM IST Reply
Trading Platform is not upto the standard and no pop up share tips. Everytime, we need to open the tips tab by that time stock might have gone up or down.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Average
Overall Experience - Average
avatar
88. deb  Oct 30, 2013 11:44:12 PM IST Reply
hi iam a sub broker of kotak my rm often tells lies to me please do not provide such rm beackotak is unique
avatar
87. uday  Oct 23, 2013 8:07:49 PM IST Reply
I have 2 account, SBICAP & KOTAK..
AS MY OPINION SBI IS BEST FOR ME
BCOZ- BROKERAGE CHARGE,,,, KOTAK MINIMUM CHARGE RS 21 & SBICAP MINIMUM CHARGE 5 PAISA .........
avatar
86. bbkk  Oct 18, 2013 3:06:28 AM IST Reply
is there any margin loan facility ? if yes whst int.rate?
avatar
85. uday  Oct 16, 2013 7:53:08 AM IST Reply
brokerage charge the hole day or per order ?
avatar
84. UDAY  Oct 16, 2013 7:50:05 AM IST Reply
sir,
what is the kotak brokerage charged?
avatar
83. Sameer W  Oct 3, 2013 7:35:21 PM IST Reply
Hi,
I am a really frustrated Kotak customer.
I had an account with Kotak, and I usually trade less. I have a good Mutual fund portfolio. I decided to trade more this year and I found a great chance when the markets dipped. I wanted to buy my favorite sector "Banking". When I went to buy , I got to know my account is blocked as there was a fire at Kotak''s office in Mumbai. They didn''t care to inform me via phone. They said they had sent me an email, but in the pile of emails, I would have lost it. I will have to visit the branch and submit all the documents. Next I tried to close the account and open another in Kotak Bank DP. They rejected my request and again didn''t inform me, despite of sending all the docs. This is going for last 2 months, and I have lost a chance to make profits. At this point of time, I still have my trading account in an Inactive state. To reopen it, their executive had promised to visit, which never happened. I am now seriously thinking of moving out of Kotak and breaking 9 year old relationship. Enough is enough.


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
82. Arivazhahan  Sep 23, 2013 10:03:53 AM IST Reply
The Keat pro x has a lot of defects like ..,,I cannot open more than 3 charts or the fact that there is no friendly.. Please do rectify it
avatar
81. shekhar singh  Sep 17, 2013 7:07:11 PM IST Reply
Can''t even get contract notes online for previous years. kotak charges Rs49 per contract note. website very slow. cash transferred on T+3 basis.

Ratings:

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

Enquire Kotak Securities Trading Account:

Name:Phone:
Email:City:
State:
Are you a day trader?
special_offers
By Popular Stock Brokers

UpStocks, The Flat Rate Discount Stock Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Currency
or Rs 15/Trade

Lowest Transaction Charges
Lowest Call & Trade Fee
Lowest Stamp Duty

Get FREE Trading + Demat Acct

Zerodha  Zerodha

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

Enquire Now
(* on online account opening)

Ventura

Brokerage: Intraday @ 0.02%, Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back



More About Brokers

Special Offers Broker Reports

Message Board

Discussion Forum


Search Chittorgarh.com:

Translate Chittorgarh.com: