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1. Nilaykumar   I Like It. |Report Abuse|  Link|April 12, 2022 4:02:33 PMReply
Every person who thought to open acc. with kotak securities, don't do this at all.
I trapped in because of free brokerage on all segments for only 500 rs a year

But only after 1.5 months of use , they charged me 10,000 rs extra charges , penalties and hidden charges without asking me.

They cut from your balance without knowing you.

And application is super bad. They always show wrong price for every options

Your fund will show 50lac or in some crore falsely and if you use it , you will be charged thousands of penalty so beware.

And their customers support doesn't know anything, if you call them they don't know about why charges cutted and you couldn't do anything except crying.

This is the worst mistake of my life and I didn't know about other free brokers like finvasia they are free but I haven't tried yet so going to open account their.

and now I come to know about this and I'm closing my kotak account and also filling case in sebi and nse for charges.

Please please please Don't fall in trap. They are demons and rob your fund without knowing you.