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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80. farooque  Sep 12, 2013 6:07:07 PM IST Reply
plz develop app for windows mobile as early as possible i realy need it
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80.1. Nitin Verma  Sep 19, 2013 7:26:31 PM IST
I got a reply stating that the rates have been hiked on the basis of Company''s sole discretion,,,, how bad sole discretion without consideration for this investors.. very bady
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79. Nitin  Sep 9, 2013 8:11:06 PM IST Reply
Please see the Link LinkExternal Link that i received from kotak.
Brokerage costs would grow exponentially if this is implemented.
It would kill small traders and investor population with Kotak.
This kind of brokerage structure was the very reason why I had shifted few years ago from Angel Broking to Kotak.
This brokerage structure would hurt sentiments of Small Investors and traders like me. See the increase in brokerage in terms of %.. This is bad news. Every trade has to be equal or more than Rs 7000 for a person whose brokerage is 30 Paise in Delivery to be able to skip this bad scheme.

Amount       Current      Revised %Increase
100      0.3      2.5      733
250      0.75      6.25      733
350      1.05      8.75      733
400      1.2      10      733
500      1.5      12.5      733
750      2.25      18.75      733
1000      3      21      600
1250      3.75      21      460
2000      6      21      250
3000      9      21      133
4000      12      21      75
5500      16.5      21      27
6500      19.5      21      8
7000      21      21      0

This is not good..I am not happy and I certainly don''t want this structure of brokerage. Please do something about it.
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78. RJ  Sep 4, 2013 3:42:59 PM IST Reply
What are the latest charges for following, I am planning to open a new account:
1. Account opening Trading/Demat/Savings)
2. Delivery/Intraday transaction charges
3. Yearly maintenance charges
4. Monthly maintenance charges
5. Any other charges?
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77. shamsher  Sep 2, 2013 6:16:42 PM IST Reply
Very bad bank i m not satisfied kotak bank.
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76. umar  Aug 29, 2013 1:59:15 PM IST Reply
is the mobile application avilable for windows phonne like lumia 720
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76.1. kotak securities  Aug 30, 2013 10:35:13 AM IST
Hi Umar,

We apologize that currently our Stock Trader mobile app isn''t available for Windows phones. However, we are constantly upgrading our software as per our customer needs. We thank you for showing interest in our services and we confirm that our technical team has been notified the same.

Regards,
Team Kotak Securities
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75. rajasekar  Aug 26, 2013 11:39:51 AM IST Reply
Executives says everything is fake, u know hidden charges and worst performers after opened the ac.

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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74. SAMBIT KUMAR ROUT  Aug 13, 2013 12:43:57 PM IST Reply
i am with kotak security with about 8 months. And my experience is a disaster from few days. pensioner attending calls are fools.do not have any experience, if u ask them to do some thing they will do some thing else. I don''t know why is the option of call and trade with those fools. And keat pro is a useless tool....really slow and defective many times.
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73. vijayashankar  Aug 9, 2013 9:33:26 AM IST Reply
Charges in comparison to others like ICICI Direct reasonable. Online connectivity reasonably reliable though few instances of internet connectivity failure between the server and the exchange observed. Customer service both offline and online is very good.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Above Average
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72. sanjay jani  Jul 26, 2013 12:35:02 AM IST Reply
Hello Sir,
I have question,I have online trading account ,Can i do trading in option, If ye sHow can I
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71. v.srinivasarao  Jun 24, 2013 7:43:34 PM IST Reply
from last five years i am not trading, what about my holdings status after five years?
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70. Ritesh Monani  May 22, 2013 4:32:06 AM IST Reply
Very Good service. I changed from ICICI direct.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
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69. dinesh jaiswal  May 3, 2013 1:00:07 AM IST Reply
Kotak securites ltd service very good service becobrokrage pripaid plan and free toll free no is trading very esey but demat to bank money transfer very slow
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68. N.Ramesh  Apr 5, 2013 8:02:50 PM IST Reply
Funds transfer from bank to kotak sec. and vice-versa is a big hassle. KS has introduced a new mechanism of code generator which we have to every time we put in a trade. We cannot be carrying this dongle wherever we go. The trade lines are always busy. The site is not user friendly. Finding the correct stock code itself is nerve cracking.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
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67. vishnu  Feb 26, 2013 3:38:57 PM IST Reply
Overall experience in Kotak securities is much better than ICICI securities. Only aspect which is not good is instant net worth stmt, instant ledger like stmt with both equity and mutual fund segments. currently they need to be accessed seperately. if it is integrated, one can instantly know how much he has invested in what form (equity, MF, cash etc), which is not available now.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
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66. Pramod R. Waray  Feb 9, 2013 7:42:05 PM IST Reply
DEAR,Sir mai ye jaan naa chahta hu ki put option ya phir call option ki sell & purchese ke liye A/C kinte rupee ki marzin honaa chahiye sir.
kotak securities is best service good..
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65. manish singh  Feb 6, 2013 12:18:46 AM IST Reply
Hi All,
Today I contacted a Kotak Securities agent to open a 3 in one account for my HUF. The representative sent by them advised me to open the 3 in account in my name and then get that converted to HUF. His logic is that doing this way the paperwork will be easy.
Is this right way and what he is saying is possible
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64. pramod R waray  Jan 12, 2013 12:39:44 AM IST Reply
dear, mai apna a/c dekhna chahta hu ki wo kaisa dekhta hai ...Es ke liye kya karna hoga ..?
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63. pramod R waray  Jan 12, 2013 12:35:21 AM IST Reply
Hallo dosto maine new frish kotak mai demat a/c khola phele to waaha ke loog sir sir jaada english zhadte hai phir a/c open hone ke baad phone tak nahi lagaate ...phale to ye loog phone lagaa lagaa kar dimaak ka dahii banaa dete hai ..demat a/c open hone ke baad garib loogo ki khaber tak nahi lete bhai aur ulti siddi salaah dete hai .ye samjo bhai kul milakar ye bakwaas lagta hai aur mahga bhi hai yaar wahi waali baat ho gayi nagga naahayga kya nichoode kya waali thanks demat a/c baba
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62. PRAMOD R. WARAY.  Jan 11, 2013 8:01:29 PM IST Reply
iam new demat a/c opened done but i which sheare purches . and how any year for sheare purchese i want to by sheare from profit arrnind
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61. Ram Nalawade  Jan 11, 2013 4:21:17 PM IST Reply
Kotak Agent had promised me Brokerage of 0.03, but has not told me that it will be calculated on share instead of amount. Which is very unfair. Is anyone there in kotak, who can give me a good offer for Brokerage????

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