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Kotak Securities Stock Trading, Demat, Brokerage and Reviews


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Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.

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 traditional broker in India providing wide range of investment options to its customers including Trading in Equity & Derivatives, Investment in IPO's, Mutual Funds, Fixed Deposits, Bonds and many more share market related investment products.

Kotak Sec is the member of BSE and NSE, the popular stock exchanges in India. Company provides stock trading facilities though many ways including trading terminal, website, mobile application, trading though branches and call & trade.

Like other tradition brokers in India, Kotak offers facility of Margin Finance, Margin against Securities, Fundamental and Technical analysis, Research Reports & Tips, SMS alerts and Portfolio Management Services (PMS).

Kotak Security is also the member of National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) and provides its own depository services to the customers.

The 3-in-1 account is the key offering of Kotak Securities. The Trinity Account [3 in 1 Account] offers the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy.

Kotak Securities Stock Broker Review Ratings

76 votes  Rate Kotak Securities

Area Rating
Overall Rating Rated 2.9 stars 2.9/5
Fees Rated 2.7 stars 2.7/5
Brokerage Rated 2.8 stars 2.8/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.2 stars 3.2/5

Kotak Securities's Trading Platforms

Kotak Securities offers multiple trading platforms to suite investor's requirement. Following are the trading platforms available by Kotak Sec:

  1. Website Based Trading - A stock treading website which can be accessed though any popular Web Browser. This is the most convenient and popular way to invest with Kotak Securities. Kotak also offers a light weight trading website 'Xtralite', which can be used by investors with slow speed internet.
  2. Trading Terminals (KEATProX and FASTLANE) - Kotak offers two different trading terminal based application which are very popular among stock traders. KEATProX is an exe based installable desktop application providing fastest trading experience. FASTLANE is a Java applet based application which gives you a trading terminal kind of experience without any installation on your computer. FASTLANE gives KEATProX like features and the benefits of website based trading as it can be access from anywhere though web browser.
  3. Mobile Stock Trading - Kotak offers high speed mobile based application to trade in Stock Market. Through this mobile app, a customer can Execute Trades, Monitor Portfolio, View Streaming Quotes and Intraday Charts.
  4. Branch Advisory and Call & Trade - Kotak also offers trading facility though its 1400+ branches and though call centers using call & trade facility.

Account Types

Kotak offers different account types according to users requirement:

  1. AutoInvest

    AutoInvest is a unique Online Trading Account which provide investment planning in Gold ETFs (Exchange Traded Funds), Equities and Mutual Funds to their customers. Gold ETFs are mutual fund schemes that will invest the money collected from their investors in standard gold bullion.

    Kotak's advisor gives the recommendation according to investor's risk capability and investment plans. Minimum investment of Rs 5000 required for AutoInvest account.

  2. Kotak Gateway

    Kotak Gateway account opens the gateway to a world of investing opportunities for beginners. Kotak Gateway user can trade anywhere, anytime using internet. Kotak also offers call and trade facility. Investor can also trade Currency Derivative using Kotal gateway account.

    Kotak Securities provide SMS alert, research report, free news and market updates to the account holders. Best feature of Kotak gateway is call and trade facility. Anybody can activate Kotak Gateway account with any amount between Rs 20,000 to 5, 00,000. This can be in form of cash deposit or the value of the shares you buy. Brokerage will be charged based on the account type. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .023% for more then 25 crores.

  3. Kotak Privilege Circle

    Kotak Privilege Circle is the premium investment account offed by Kotak Securities. Along with Kotak Gateway account benefits Kotak provides independent market expertise and support through a dedicated relationship manager and a dedicated customer service desk which provides assistance in opening accounts, handling day-to-day problems, and more. They provides KEAT premium which is an exclusive online tool that lets you monitor what is happening in the market and view your gains and losses in real-time.

    One can activate Kotak Privilege Circle account with any amount more than Rs. 10,00,000 as margin, by way of cash or stock. For intraday trading brokerage is .06% both sides for less then 25 lakhs and .03% for more then 25 crores.

  4. Kotak Freedom for Mutual Fund Investments.
  5. Kotak Super Saver, a Flat Brokerage and a Low Margin account.
  6. PMS (Portfolio Management Service), an account for people who need an expert to help to manage their investments.
  7. NRI Account, a online trading an investment account for NRI investors.
  8. Trinity Account [3-in-1 Account]

    Trinity Account is an integrated account that helps investors enjoy the benefits of a Online Trading Account, Bank Account, Demat Account on a single platform for your securities transaction. This account gives convenience of fund transfer and online trading.

    Kotak 3-in-1 Account

Kotak Securities Brokerage Charges 2015

  • Trading Account Opening Charges (One Time): Rs 750
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): -
  • Demat Account Annual Maintenance Charges (AMC): Rs 600 per annum

Trading Brokerages:

1. Kotak Gateway (Fixed Brokerage) (* All charges are on both sides)
  • Delivery Based Trades: 0.49%
  • Intra-day Trades: 0.049%
  • Futures Trades: 0.049%
  • Options Trades: Rs 100 per lot or 1% on premium which ever is higher
2. Kotak Gateway (Variable Brokerage) (* All charges are on both sides)
  • Delivery Based Trades Brokerages: 0.59% to 0.18% (For trading amount of '< 1 lakh' to '> 2 crore')
  • Intra-day Trades Brokerages: 0.06% to 0.03% both sides (For trading amount of '< 25 lakhs' to '> 5 crore')
  • F&O Trades Brokerages (Intraday): 0.07% to 0.023% both sides (For trading amount of '< 2 crores' to '> 25 crores')
  • F&O Trades Brokerages (Settlement): 0.09% to 0.032% both sides (For trading amount of '< 2 crores' to '> 25 crores')
  • Options Trades: Rs 100 per lot

Kotak Securities Demat Account Charges:

Sr Account Head Rate Minimum Payable
1 Dematerialisation Rs.50 per request and Rs.3 per certificate -
2 Rematerialisation Rs.10 for 100 shares Rs 15
3 Debit Transactions - On Market and Off Market 0.04% of the value of securities (Plus NSDL charges as applicable) Rs 27 (Plus NSDL charges as applicable)
4 Account Maintenance Charges
  • Resident Indian
  • NRI
  • Rs 50 per month
  • Rs 75 per month
--
5 Pledge Charges 0.05% of the value of securities Rs 30
6 Invocation of Pledge 0.04% of the value of securities Rs 30
7 Charge for Client Master change intimation Rs 25

Useful Articles:

How to open account with Kotak Securities Ltd?

There are 3 simple ways to open an account with Kotak Sec:

  • Call at one of the below number and ask to open an account with them.
    Toll Free No.: 1800-222-299, 1800-209-9191
  • Visit one of their nearest branches.
  • Fill online account application form on Kotak Securities website.

Contact Kotak Securities / Request Call Back

Name:Phone
EmailCity
State
Are you a day trader?

Kotak Securities Advantages

  1. Kotak Securities website provides wide range of investment options. This includes investment in equity, IPO's, Bonds, FD's, ETF's, Mutual Funds, Currency Derivatives etc.
  2. Along with the online trading facility, customer gets access to 1400+ branches for help on investment and issue resolution.
  3. Kotak Securities provide daily SMS alerts, market pointers, periodical research reports, stock recommendations etc. to help the customers.
  4. Online Chat facility is available to support customer.
  5. Kotak security offers easy integration of trading account with Citibank, HDFC Bank, UTI Bank and Kotak Mahindra Bank.

Kotak Securities Disadvantages

  1. Kotak Securities is a Full Services Broker. The brokerage charged by them is higher than the Discount Brokers.

Kotak Securities Complaints received at BSE / NSE:

Number of customer complaints lodged against share broker Kotak Securities:

Exchange Financial Year Number of Clients * Total Complaints **
BSE 2014-15 887,778 17
NSE 2014-15 253,601 110
BSE 2013-14 789,341 38
NSE 2013-14 223,280 188
BSE 2012-13 712,313 46
NSE 2012-13 674,160 197
BSE 2011-12 625,312 85
NSE 2011-12 617,855 163

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Broker complaints in India - Year wise complaints received by exchange

Useful links about Kotak Securities

  1. Website: http://www.kotaksecurities.com

Enquiry Form


Kotak Securities Ltd Reviews

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181. shafi  Aug 19, 2015 4:41:36 PM IST Reply
DONT OPEN ACCOUNT WITH KOTAK SECURITIES<
very worst broker services and they have unknown hidden RM) don''t now how to behave with customers and for any updation they will take couple of months to do. very poor response from managers also. Customer care will take complaints but they wont resolve it. instead of that they give such a nice explanations to satisfy customers.
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180. Md khaja  Jul 26, 2015 6:07:28 PM IST Reply
It''''s one of the worst brokerage co. I mean (kotak securities ) I was opened the A/C on 8,7,2015 but still not activate , I think it is one of very very slow service provide
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179. Prabhjyot Singh Bagga  Jul 25, 2015 6:10:11 PM IST Reply
very worst broker in Indian share market . i suggest you all , who ever reads my Comments, it is advicealbe that dont go behind the fem, this broker has too much hidden chargers i had an account with kotak securities the dealer was always forcing me to buy or sell according to him, and 2-3 times he did it by his own and made a huge loss in my account, his name is Rajesh Chinchmalatpure In Amravati Branch. They even dont know how to talk to client. they wont give you respect.
they have hidden charges like when any securities is debited from your demat account, there are charges like on 500 shares of axis bank of value 280000 laks has charges of 300 rupees and they will give you discount in brokerage but they will level there money here while debiting the securities
Finally i closed my account.
i suggest you plz dont go behind fem its a big fraud (Kotak Securities)
Prabhjyot Singh Bagga
Contact NO 8805297197
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178. rahul  Jun 27, 2015 1:21:47 PM IST Reply
very bad broker. hidden charges are high. i have loss my 5000 rupee in 2 month without doing ant trade. they cut my all money in different-different charges.

i request all never ever open account with kotak security
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177. Manjunatha  Jun 25, 2015 8:35:25 AM IST Reply
Am also using account...its worst...brokerage is very high..customer care also not good..
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176. Maneesh Jain  May 28, 2015 10:59:31 AM IST Reply
I was thinking of opening account with Kotak but after reading all such negative comments about their services, I think ICICI is better.
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176.1. kotak securities  May 29, 2015 10:02:00 AM IST
Hi Maneesh,

We are keen on connecting with you to address the concerns you have highlighted in the post. Please share your contact number at Email for us to connect with you soon.

Regards,
Team Kotak Securities
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175. Abdullah  May 25, 2015 1:01:01 PM IST Reply
One of the worst service provider ever i lost my 30k just in three month only becaof his broker mis communication they never ever inform and also when i contact they give false information and after lauching complain they said its your falult even after dealer said its my fault bt i get rply from esclation tht its ur fault and we are not going to give any revert and said if you opened account its your fault .Cheater cheated from day 1 to till and still dont wanna accept .
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174. Honey  May 20, 2015 6:37:09 AM IST Reply
Very third class service provider firm. The kotak securties many hidden charges. All the accounts holder of this firm my please be close. Very very big hidden charges charged by the firm.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
174.1. kotak securities  May 21, 2015 2:29:40 PM IST
Hi Honey,

We would like to connect with you to understand the concerns you have highlighted in the post. Please share with us your client ID and contact number at Email for us to get in touch with you.

Regards,
Team Kotak Securities
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173. Murugan  May 6, 2015 7:39:08 PM IST Reply

Instead of wasting the time in replying through the site with simple copy + pasting the same response, please improve the customer concerns through your internal process til he satisfies. None will post any adverse comments about your service. I am sure with your parroting response you can''t improve service image.

Hi XXX,

We would like to understand the matter and address your concerns. Kindly share your client ID and contact details at Email so that our customer service team can get in touch with you.

Regards,
Team Kotak Securities

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173.1. kotak securities  May 7, 2015 1:58:23 PM IST
Hi Murugan,

We regret the inconvenience caused. However, in order to resolve your concern, we''d require your details. Request you to share your contact details along with your client ID at Email for us to assist you.

Regards,
Team Kotak Securities
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172. S.M.Joshi  Apr 27, 2015 10:01:09 AM IST Reply
Dear Sir,
I had applied vide ASBA on 16Apr2015 for 975 shares @ cut off price (Max Rs.205) through my Kotak Securities Demat Account linked to my Kotak Mahindra Bank account. The amount blocked by Kotak Bank was Rs. 1,99,875, On other sites like ICICI Direct, HDFC etc allotment or rejection inputs are available to retail investors. I have tried to get inputs from Kotak Bank & Kotak Securities through my Demat acct or Bank Acct & even through telephone. However no input positive or negative is forthcoming. Hence am approaching you as advised on the e-mail.
Kindly let me know the outcome. As the ratio to Retail Investors is 2:9, I know only two persons out of nine will get 65 shares. Other''''''''s money will be UNBLOCKED! Whatever the result, WHY your sites are so poor/ late/ useless compared to other sites?
I regret greatly shifting my Demat account from ICICI Direct to Kotak Securities in Sep2013. My experience with ICICI Direct of twelve years, from 2001 to 2013, was FAR FAR SUPERIOR compared to the INCOMPETENT, INDIFFERENT attitude of Kotak Securities & Kotak Bank from Sep2013 till date. Almost every issue is mishandled, your attendees on Toll-free numbers are morons or imbeciles at best.
Kindly ensure better response, henceforth, at least. I was told SEBI, NSE & BSE norms were that at least one lot MINIMUM should be given to Retail Investors so as to encourage Retail participation & discourage cartelisation. With Kotak Securities almost every OFS/ IPO/ FPO I have only drawn a BIG ZERO!
I am supposed to be a privy league customer of Kotak Bank. My Relationship Manager is known to me only by his name appearing in the monthly statements. The statement at the end of a month reaches me by 26th of the NEXT MONTH. 31Mar2015, reached me on 26Apr2015!
Someone please IMPROVE? Do not make a MOCKERY of ''''''''PRIVY LEAGUE''''''''! It has become a bad JOKE! In USA ''''''''PRIVY'''''''' stands for a LATRINE!
Is that what I am in a ''''''''LATRINE LEAGUE'''''''' of Kotak Bank?
A very, very UNHAPPY, FRUSTRATED customer,
Brigadier Sadanand Mahadev Joshi, VSM (Retd), M.Tech., MSc(Defence Studies), MBA
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171. Robin  Apr 20, 2015 12:01:19 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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170. Bala  Mar 30, 2015 3:56:02 PM IST Reply
I am thinking to open demat account in kotak securities Ltd. Give me suggestion about Kotak services....
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169. Karthik Kumar  Mar 21, 2015 5:13:00 PM IST Reply
Hi All,
Those who are wanting open with Kotak, read this post as I am a former client of Kotak, with whom I closed my account recently after I couldn''t take their unfair outright cheating brokrage practices.

#1 If you are an options trader, then Kotak is a nightmare come true. Before closing my account I did a BankNifty option trade with them. The total cost of the option was 10,000. I sold it for a profit of 750. When I got the contract note to my shock the total brokrage was 250+250 (Buy+Sell)!!!!!! When I contact Kotak, they said the brokrage will always be "Whichever is higher"!! I opened my account with Reliance, now paying a brokrage of 55 Flat per lot, but will soon open account with RKSV, they are flat 20 per trade.

Go for Kotak if you want to fund their thousands of offices accross India. If you want to keep 99%+ of your total profits go for RKSV/Zerodha.

PS:Did I also mention a minimum brokrage of 21 for equity?
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168. Ajit  Mar 14, 2015 9:44:48 PM IST Reply
Sir, I want to open only trading account with Kotak Securities as I trade only in F&O. Can I get KeatPro for this??
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167. venkstesh  Mar 14, 2015 5:40:39 PM IST Reply
I am using the services of kotak securities. They are fraud,charge high brokerage, never get in touch with you once your trading account is opened and never respond to your phone calls. Dont waste your hard earned money by going for their services.
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167.1. kotak securities  Mar 17, 2015 11:59:28 AM IST
Hi Venkstesh,

We would like to understand the matter and address your concerns. Request you to share your client ID and contact details at Email for our customer service team can get in touch with you soon.

Regards,
Team Kotak Securities
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166. AYUSH AGARWAL  Mar 10, 2015 10:11:06 PM IST Reply
I am seriously thinking of changing my broker.

0.59% + tax brokerage on delivery and 675 + tax annual charges despite being a privy account holder. Poor android app. Half of my profits are eaten up by brokerage.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Above Average
Overall Experience - Very Poor
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166.1. kotak securities  Mar 11, 2015 3:45:59 PM IST
Hi Ayush,

We regret the inconvenience caused and we would like to connect with you regarding your post. Request you to share your client ID and contact details at Email for us to get in touch with you at the earliest.

Regards,
Team Kotak Securities
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165. Sunny Sapra  Mar 4, 2015 6:00:19 PM IST Reply
I have account with kotak

one problem is very much high with them.............they change their margin percentage.........in future trade, scrip to scrip..........in between the trade settlement

which leads sometimes unnecssary losses.......due to lack of margin for overbought/sell postions

otherwise my experince is quite satasafactory with them.
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164. Manik  Feb 16, 2015 11:08:20 AM IST Reply
I agree with teh comments below.. After read the comments i still went ahead and open the acocunt with Kotak as I bank with them and being one of premium customer for Kotak I thought they will provide teh brokerage promised.. But to my horror even after the changes deing done on the account opening pages they didn''t up that brokerage / minimum charge but the standard.. Queries to the account opening agent and customer service have not been responded in last 2 weeks... If they do this to teh existing premium customer I can''t beleive what they will do with only securities customer.. Avoid them.. I have been doing broking with sharekhan for 10 years without issue so will continue with them
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164.1. kotak securities  Feb 16, 2015 6:15:48 PM IST
Hi Manik,

We regret the inconvenience caused. Request you to please share your client ID & contact details with us at Email for our customer service team to get in touch with you and address your concerns at the earliest.

Regards,
Team Kotak Securities
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164.2. manik  Feb 18, 2015 12:06:28 PM IST
Kotak Securities,

I wrote this message after contacting you on the email id given in teh message as that is teh escalation id.. Your first levcel support atleast acknoledged the complaint.. but I never ever received a response form this email id.. Not sure if escalation works if there is no response.. The query id for first level is 9846072

Manik
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164.3. kotak securities  Feb 24, 2015 9:33:09 AM IST
Hi Manik,

We believe our concerned team has got in touch with you regarding your concerns and the issue has been resolved to your satisfaction. Please do let us know if you require any further assistance.

Regards,
Team Kotak Securities
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164.4. Manik  Feb 24, 2015 11:57:31 AM IST
Kotak Securities,

No one got in touch with me nor called to ask the issue. I do acknoledge I received a email with chnages done to my account, I am not debating if it is to my satisfaction or not as it seems I am banging my head to a wall since last 2 months to get what i signed up an easier to move on than get it resolved.I beleive you have a right to price your product at any level and its my choice to take it or not. Problem is Kotak should have never opened account in first place with a commitment they are not going to fulfill.

But just wanted to put a word saying that yes I did get a response at last.
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163. varun  Feb 12, 2015 1:59:04 PM IST Reply
Why is the. Do charges of Rs 404debited from my account..
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163.1. kotak securities  Feb 13, 2015 12:38:49 PM IST
Hi Varun,

We are keen on connecting with you to address the concerns you have highlighted in the post. Please share your client ID and contact details at Email so we can get in touch soon.

Regards,
Team Kotak Securities
avatar
162. randeria  Feb 4, 2015 10:57:19 AM IST Reply
looks like every one has poor experience here ,abt to open new acount here but now i dnt think after so many issue i cn open here..21 cla,poor customer care ,poor information.hidden charges n all
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162.1. kotak securities  Feb 5, 2015 10:50:44 AM IST
Hi Randeria,

Please share your contact details with us at Email so we can connect with you to address your concerns.

Regards,
Team Kotak Securities

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