Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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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?