Kotak Securities Stock Trading, Demat, Brokerage and Reviews
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 offers multiple trading platforms to suite investor's requirement. Following are the trading platforms available by Kotak Sec:
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.
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.
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.
Branch Advisory and Call & Trade – Kotak also offers trading facility though its 1400+ branches and though call centers using call & trade facility.
Kotak offers different account types according to users requirement:
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.
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.
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.
Kotak Freedom for Mutual Fund Investments.
Kotak Super Saver, a Flat Brokerage and a Low Margin account.
PMS (Portfolio Management Service), an account for people who need an expert to help to manage their investments.
NRI Account, a online trading an investment account for NRI investors.
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.
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
Kotak Securities Advantages
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.
Along with the online trading facility, customer gets access to 1400+ branches for help on investment and issue resolution.
Kotak Securities provide daily SMS alerts, market pointers, periodical research reports, stock recommendations etc. to help the customers.
Online Chat facility is available to support customer.
Kotak security offers easy integration of trading account with Citibank, HDFC Bank, UTI Bank and Kotak Mahindra Bank.
Kotak Securities Disadvantages
Kotak Securities is a Full Services Broker. The brokerage charged by them is higher than the Discount Brokers.
Kotak Securities Complaints Recieved at BSE / NSE:
Number of customer complaints lodged against share broker Kotak Securities:
Number of Clients *
Total Complaints **
* 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.
158. MANISH NAWAB Jan 30, 2015 4:34:36 PM IST | Reply
IN FUTCHER I PROMISE I CANT SUGESS ANYONE TO DO WORK WITH KOTAKSECURITY AND KOTAKBANK THEY BOTH ARE CHOOSSING CUSTEMERS HARD WORK MONEY I AM HANDICAP PERSON
157. MANISH NAWAB Jan 30, 2015 4:17:09 PM IST | Reply
KOTAKBANK ANAD KOTAK SECURITY BOTH ARE TOTALLY FROUD IN THE CUSTEMER RILATIONSHIP THEIR MANAGER AND ALL TEAM ARE HAVING A TARGET SO THEY FULL FILL FOR THEIR TARGET THEY ARE FRODING WITH CUSTOMER THEY ARE TOTALLY WRONG PROMISE AND MISGUIDE AND YOUR COSTMER CARE OFFICERS ARE ANSWERING LIKYOU JOIN WITH KOTAK FIRST YOU READ FULL FORM AGAR YOUR MONEY IS HARDWORK I AM CLOSING MY ACCOUNT ON MONDAY
156. prashanth Jan 21, 2015 6:00:07 PM IST | Reply
Avoid if you want to your hard earned money. I already opened a account with zerodha, currently selling my holdings one by one and transferring them to zerodha.
156.1. kotak securities Jan 22, 2015 1:43:51 PM IST |
We would like to connect with you to address the concerns you have highlighted in the post. Request you to share your client ID and contact details with us at Email for us to get in touch with you.
Regards, Team Kotak Securities
155. k mohanan Jan 15, 2015 7:28:08 PM IST | Reply
By reading all these, I decided not to join kotak.
154. gurumurthy Jan 9, 2015 11:43:22 AM IST | Reply
Kotak charges very high brokerages.very very poor
154.1. kotak securities Jan 9, 2015 5:18:24 PM IST |
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.
Can I open Basic Service Demat account?? Please send me downlink if possible
149.1. kotak securities Jan 2, 2015 12:57:40 PM IST |
We would like to guide you through the process of getting started in the share market. Please share your contact details with us at Email so we can get in touch soon. Alternately, you can also submit your details here: http://bit.ly/CHiDematQKSO.
Regards, Team Kotak Securities
148. Namdeo shinde Dec 30, 2014 7:05:00 PM IST | Reply
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.
148.1. kotak securities Dec 31, 2014 1:03:16 PM IST |
We request you to share your client ID and contact details at Email so that we can connect with you and address your concerns as soon as possible.
Regards, Team Kotak Securities
147. 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
147.1. kotak securities Dec 19, 2014 9:30:23 AM IST |
Request you share your client ID and contact details with us at Email for our customer service team to connect with you and resolve your matter at the earliest.
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
146.1. kotak securities Nov 24, 2014 3:04:55 PM IST |
We regret the inconvenience caused. Please share your client ID and contact details with us at Email for our team to connect with you and address your concerns at the earliest.
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.
145.1. kotak securities Nov 17, 2014 10:59:38 AM IST |
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
145.2. 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.
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
141.1. kotak securities Nov 7, 2014 9:27:27 AM IST |
We would like to assist you with your query. Kindly email us your client ID and contact details at Email so we can get in touch soon.