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Kotak Securities Stock Trading, Demat, Brokerage and Reviews 2021


Kotak Securities Logo

36.79% 1,016,653 Clients

Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

Kotak securities offers three-in-one account which allows investor to open demat, trading as well as a bank account together with Kotak Mahindra Bank Limited. One can open those account independently or at the same time under one umbrella with a single application form. Using 3 in 1 account client won't have to manually transfer money to trading account from the bank f=.account. The required funds get credited automatically. So it's easy to manage. Once your;- account open you can trade in Equity, IPO, Mutual Fund, ETF, Tax free bonds, Currency Derivatives, Gold ETF etc.

Kotak Securities Open Account

  1. Fill online Contact Us form on Kotak Securities web site. Enter your name, phone number, email address, city and submit the form. Once the form submitted, one of Kotak securities representative will contact you.
  2. Download the forms from their website, fill in the required details,  and submit it to their registered office.

Kotak Securities Account Opening Form, Name Change Request Form, Kotak Securities Account Closing Form etc. are available on their website. One can fill the form as per their requirement and submit it to their registered office.

Kotak Securities Special Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.


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 Charges 2021

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

Kotak Securities Brokerage Plans

1. Trade Free Plan

Kotak Securities Trade Free plan is for online traders who can trade by themselves with little or no assistance from the broker. This plan offers brokerage-free intraday trading across Equity (Cash), Equity Derivatives (F&O), Currency, and Commodity. Brokerage for delivery trades in Equity (Cash) and Commodity segment is charged at 0.25% of the transaction value. This brokerage is subject to a minimum brokerage of Rs 20 per executed order.

Trading Segment Brokerage Charges
Delivery (Equity, Commodity)*0.25%
Intraday (All Segments)**Free

Note:

  • * Minimum brokerage of Rs 20 per executed order will be charged for Equity Delivery transactions.
  • ** Intraday trades are trades which are squared off on the same day.
  • If you wish to carry-forward your Futures & Options position, you can do the same by paying a flat brokerage of Rs 20 per executed order.

2. Dealer Assisted Plan

Kotak Securities Dealer Assisted Plan is for the trader who needs in-person assistance. This plan offers a dedicated dealer to plan, discuss & strategize your trades & investments. This plan charges Rs. 39 per lot for Equity & Commodity options, Rs. 5 per lot for Currency options, and 0.39% for all delivery trades.

Trading Segment Brokerage Charges

Equity Delivery

0.39%

Equity Intraday

0.04%

Equity Futures

0.04%

Equity Options

Rs. 39 per lot

Currency Futures

Rs. 9 per lot

Currency Options

Rs. 5 per lot

Commodity Futures

0.04%

Commodity Options

Rs. 39 per lot

Note:

  • * Minimum brokerage of Rs. 21 per executed order will be charged subject to ceiling of 2.5% of contract value.

Kotak Securities Demat Account Charges

Sr Account Head Rate
1 Dematerialisation Rs 50 per request and Rs 3 per certificate
2 Rematerialisation Rs 10 for 100 shares (minimum Rs 15)
3 Debit Transactions 0.04% + NSDL charges (minimum Rs 20)
4 Account Maintenance Charges Rs 50 per month
5 Pledge Charges Rs 20 per ISIN
6 Invocation of Pledge Rs 20 per ISIN

Visit Kotak Securities Brokerage Charges Review for more detail.

Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Kotak Securities Online Account Opening

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.


Kotak Securities Trading Software (Kotak Securities 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.

 

Visit Kotak Securities Trading Software Review for more detail.

Contact Kotak Securities / Request Call Back

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Kotak Securities Pros and Cons


Kotak Securities Pros (Advantages)

The following are the advantages of Kotak Securities. You must read Kotak Securities advantages and disadvantages before opening an account with Kotak Securities. Kotak Securities pros and cons help you find if it suits your investment needs.

  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 Enquiry Form

Kotak Securities Margin Exposure

Kotak Securities margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Kotak Securities F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Kotak Securities F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Kotak Securities Ratings

Overall Rating Rated 2.4 stars 2.4/5
Fees Rated 2.4 stars 2.4/5
Brokerage Rated 2.3 stars 2.3/5
Usability Rated 3.2 stars 3.2/5
Customer Service Rated 2.8 stars 2.8/5
Research Capabilities Rated 2.6 stars 2.6/5

Based on 172 Votes by Kotak Securities Customers

Do you trade with Kotak Securities? Rate Kotak Securities


Kotak Securities Complaint

The number of Kotak Securities customer complaint received by the exchanges. The Kotak Securities consumer complaint report helps understanding the Kotak Securities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2021-22 1,016,653 241 0.02%
BSE 2021-22 210,315 28 0.01%
NSE 2020-21 743,206 365 0.05%
BSE 2020-21 141,971 5 0%
NSE 2019-20 571,806 151 0.03%
BSE 2019-20 141,565 21 0.01%
NSE 2018-19 435,201 178 0.04%
BSE 2018-19 97,102 21 0.02%
NSE 2017-18 368,638 200 0.05%
BSE 2017-18 167,450 35 0.02%

* The number of active customers reported by the broker.

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

Visit Kotak Securities Complaints at BSE, NSE and MCX for detail report.

Frequently Asked Questions

  1. 1. How to close Kotak securities account?

    Kotak securities account can only be closed through the offline process by following the below steps:

    1. Visit Kotak securities website.
    2. Go to Help Section and click on forms.
    3. Click on Common Ac Closing -Individual-Resident.
    4. Fill the account closure form with the account holder's name, address, DP ID, Trading Code and Contact No.
    5. Submit the form, unused Delivery Instruction slips (DIS), along with KYC documents (ID and address proof) to the nearest branch.

    It takes around 7-10 working days to close Kotak securities account after form submission.

    Before initiating the account closure, ensure the below points are taken care of:

    • Settle all the payments before closing the account.
    • The Demat account must not have any holdings. If you have any shares in your account, you need to transfer them to another Demat account. In such cases, you need to submit a filled DIS and the original stamped and signed client master list (CML) of the target DP along with the account closure form.
    • In the case of a joint account, all account holders must sign the closure form.

     

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395 Comments

395. Murali J  Nov 29, 2021 9:00:45 AM I Like It. | Report Abuse Reply
It's one of the worst platform for Demat account, they have many hidden charges, I lost money not in trade , in der hidden charges. My ID MJ20041987, so far I have lost 20 k , just cos of some hidden charges, when u contact them , each one will tell different reasons. Better don't use this platform, you will loose your hard earned money

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
394. niranjan  Nov 19, 2021 3:24:11 PM I Like It. | Report Abuse Reply
I have been a zerodha user since last 3 years. I wanted to shift to a 3-in-1 account, since the full time brokers have reduced their rates and there is no advantage of staying with discount brokers, since all the margin benefits are gone. Hence, I selected Kotak securities. I was much afraid of looking at the reviews here, but in my research I found only Kotak had all the feartures that I needed and was offering best cost. I honestly say that I am surprised. It has been 3 months and I am amazed that I faced none of the issues ppl are sharing here. I use Nest trading platform, orders are super fast, bills are clear, statements are transparent. Give it a try with free trade plan and switch to nest trader. Best experience.
393. chaitanya  Nov 12, 2021 12:37:05 PM I Like It. | Report Abuse Reply
Kotak Securities Ltd is a worst platform for trading. rating 0.1/10. You will loose money while trading.
AMC charges
Buying charges
Selling Charges
GST charges
DP Charges
other charges
392. Govind Talreja  Nov 12, 2021 12:24:04 PM I Like It. | Report Abuse Reply
Possibly the worst research team in India, how are they even surviving? do they read these comments here, everyone whom I have met with Kotak securities account says the same thing, one company can have one or two issues, they can have bad product or poor customer experience, or maybe high broking costs, but with Kotak you have all the above issues along with worst research calls in the industry. Extremely poor, NOT expected from a respected brand like Kotak.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
391. Prabhat  Oct 28, 2021 10:52:06 PM I Like It. | Report Abuse Reply
Fraud company , cheaters
390. Prakash Malhotra  Oct 28, 2021 10:46:51 PM I Like It. | Report Abuse Reply
fraud company

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
389. fgdfgdf  Jul 29, 2021 11:22:14 PM I Like It. | Report Abuse Reply
useless

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
388. Chaitanya  Oct 22, 2021 1:14:27 PM I Like It. | Report Abuse Reply
Kotak Securities never responded, my issues are still pending, no support from bank. Very Very poor services. "Don't prefer this bank"
387. MANISH  Oct 13, 2021 11:43:07 AM I Like It. | Report Abuse Reply
THEIR STAFF DONT KNOW THE BASIC OF SHAREMAKRKET . EVEN THE DIFFEERNCE BETWEEN NSDL AND CDSL . CAN YOU IMAGINE
386. Dr. Mohit  Oct 12, 2021 5:03:23 AM I Like It. | Report Abuse Reply
They haven't reinvented themselves for the last 10 years, horrible research, their calls have simply gone downhill over last few years, compare their research and product to any full service broker and you'll know the difference, honestly, sack your research and get third party offerings which are much better than your team, also the product is bad, and most comments here make so much sense, I'm not even complaining about their brokerage, hope someone from their team reads these comments and some sanity prevails.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
385. Rajat  Oct 2, 2021 11:45:24 AM I Like It. | Report Abuse Reply
If you are reading this message, immediately leave the thought of opening Demat in Kotak Security. You will gain 200rs somehow, and you will pay charges of 1200rs a month!!
Desi bhasha mein, bhaag ja bhai is gali mein mat ana, mein bhugat chuka bohot jada
384. Bhupendra naran chanda  Apr 14, 2021 1:34:57 PM I Like It. | Report Abuse Reply
I have Kotak Mahindra saving account land I want to transfer money from saving account to my Kotak Mahindra Demat account for trading so plz advices
Note - my saving account is link with demate account
384.1. Rajat  Oct 2, 2021 11:43:10 AM I Like It. | Report Abuse
Mat kar bhai, bhaag ja Kotak security se, DP charges dede kar k maar denge tuje, mein close kar raha hoo apna account after two years. Mar jaega sach bata raha hoon, Zerodha, upstox, grow wagera mein khulwa le
383. Murty  Sep 30, 2021 11:35:13 PM I Like It. | Report Abuse Reply
Bekar bank

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
382. Murthy  Sep 30, 2021 11:33:18 PM I Like It. | Report Abuse Reply
Bekar bank they will loot your money. For God sake don't open account with kotak

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
381. Naman  Sep 27, 2021 5:13:36 PM I Like It. | Report Abuse Reply
*I don't care of brokerage charges (Max should be 20rs)
*customers service ok good
*Yearly AMC chargers is higher price
*Website, unless you r experienced in stock market your won't understand, kotak should improve its Website (atlest it should provide good graphics data to understandthe market/ stock )
*My overall experience, I had to always enter my password to enter , its good that I could remember it , but app interface I feel to exit at that very moment


Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Below Average
380. Bangmesh  Sep 25, 2021 10:07:43 PM I Like It. | Report Abuse Reply
Worst Fraud Cheater

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
379. Kanhaiya  Sep 25, 2021 10:03:40 PM I Like It. | Report Abuse Reply
worst services ,lots of hidden charges , cheater
378. Chatur S  Sep 9, 2021 6:47:03 PM I Like It. | Report Abuse Reply
ekdam third class company. their employees are the worst. CEO and head of marketing are even worse including support. no decency at all they just spam you with calls and messages and eat a lot of brokerages.
377. Laxman chothwani  Sep 8, 2021 5:20:52 PM I Like It. | Report Abuse Reply
I have an account in kotak security very poor services very high charge .fully false company.avoid it.no response
376. shaju  Sep 7, 2021 11:42:34 AM I Like It. | Report Abuse Reply
Nice to see their new app, but some days and some times not working, not a trust worthy platform

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