Kotak Securities Stock Trading, Demat, Brokerage and Reviews 2021


29.98% 743,206 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 750
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): Rs 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 600 per annum

Trading Brokerages:

1. Fixed Brokerage Plan

Kotak Securities Fixed Brokerage plan is specifically created to the suit the needs of newbies or infrequent traders.

Trading Segment Brokerage Charges
Equity Cash Delivery0.49%
Equity Cash Intraday0.049%
Equity Futures (Both Sides)0.049%
Equity OptionsRs 300 Per Lot
Minimum Brokerage4 paise for delivery and 3 paise for Intraday and Futures orders

2. Dynamic Brokerage Plan

Kotak Securities Dynamic Brokerage Plan is specifically created for those Customer who are frequent traders and looking for a good bargain on their brokerage rates.

Trading Segment Brokerage Charges
Equity Cash Delivery0.59% to 0.30% (For trading amount of '< 1 lakh' to '> 50 lakhs')
Equity Cash Intraday0.06% to 0.05% both sides (For trading amount of '< 25 lakhs' to '> 25 lakhs')
Equity Futures Intraday0.07% to 0.05% both sides (For trading amount of '< 2 crores' to '> 2 crores')
Equity Futures Settlement0.09% to 0.073% both sides (For trading amount of '< 2 crores' to '> 2 crores')
Equity Options Intraday2.5% to 1.8% both sides (For premium of '< 4 lakhs' to '> 11 lakhs')
Equity Options Settlement2.5% to 2.3% both sides (For premium of '< 4 lakhs' to '> 11 lakhs')
Options Minimum (Settlement)Rs 300 to Rs 180 both sides (For premium of '< 4 lakhs' to '> 11 lakhs')
Currency Futures0.04% or Rs 20 per lot, whichever is higher to 0.015% or Rs 7.5 per lot, whichever is higher (For monthly volume of '< 3 Cr' to '> 30 Cr')
Currency Options Rs 20 per lot to Rs 7.5 per lot (For monthly volume of '< 3 Cr' to '> 30 Cr')

3. Free Intraday Trading (FIT) (Rs 999 Plan or Unlimited Trading Plan)

Kotak Securities Free Intraday Trading (FIT) offers free unlimited intra-day equity trading across segments like Equity Cash, Equity Futures & Equity Options for a yearly fee of Rs 999. This unlimited trading plan is available for Equity Intraday Trades only. Note that Equity Delivery, Currency and Commodity trading are not covered in this plan.

Rs 999 Plan Key Facts:

  • Free trading is only available in Equity (Cash and F&O) Intraday segment.
  • Customers still have to pay regular brokerage for Equity Delivery, Commodity, and Currency trading. Note that Kotak Securities regular brokerage is extremely high in comparison to discount brokers like Zerodha or ProStocks.
  • This price plan only available for online trading. Call & Trade or using trading desk or trade though dealers are not an option in this plan.
  • The price of this plan is Rs 999 per year paid up front.
  • Customers will have to provide margins as per the agreement with Kotak Securities. Unlike most brokers, Kotak doesn't provide high margins.
  • FIT cannot be used by ODIN Diet clients. The mobile trading app, TradeSmart terminal, and website based trading are available under this plan.
  • In case you rollover your position beyond the day, the trade gets converted into a delivery trade, in which case, the brokerage will be charged. This could cost a trader lot money.

Kotak Securities Minimum Brokerage:

  • Cash Delivery: 4 paise per share, OR Rs 21 per executed order, whichever is higher
  • Intraday: 4 paise per share, OR Rs 21 per executed order, whichever is higher
  • Equity Futures: 4 paise per share subject to ceiling of 2.5% of contract value

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:

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.

Name:Phone
EmailCity
State
Are you a day trader?

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 Cons (Disadvantages)

The following are the cons of Kotak Securities. Check the list of Kotak Securities drawbacks.

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

Kotak Securities Enquiry Form

Kotak Securities Margin / Exposure

Kotak Securities leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity Delivery1x (no margin)
Equity Intraday50 times
Equity Future12 to 15 times
Equity OptionsSelling: 200 times | Buying: 10 times
Currency FutureNA
Currency OptionsNA
Commodity FutureNA
Commodity Options

Visit Kotak Securities Margin Review for more detail.


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 3.3 stars 3.3/5
Customer Service Rated 2.9 stars 2.9/5
Research Capabilities Rated 2.7 stars 2.7/5

Based on 167 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 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%
NSE 2016-17 273,895 123 0.04%
BSE 2016-17 111,297 22 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.

Compare Kotak Securities with Top Brokers in India

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Kotak Securities Vs ProstocksKotak Securities Vs RMoneyKotak Securities Vs Beeline
Kotak Securities Vs Just TradeKotak Securities Vs AchiieversKotak Securities Vs Trustline
Kotak Securities Vs Choice BrokingKotak Securities Vs GCL SecuritiesKotak Securities Vs Yes Securities
Kotak Securities Vs Indira SecuritiesKotak Securities Vs Paytm Money


350 Comments

NEENA
350. NEENA  Apr 21, 2021 18:54 I Like It. | Report Abuse Reply
The kotak applications on mobile & web is the worst i have ever used with other brokers. This application on mobile & web keeps logging off frequently and to realise its already logged off we have to watch the price movement and realise its not updating. Then for log in again re enter users id, password and then wait for receival of access code in mobile. Sometimes it takes such long time that you miss your trade or turn to losses as you were not able to square off your trade. Worst application. All other faults mentioned by other users too exists so i am not repeating the same.
james
349. james  Apr 16, 2021 09:56 I Like It. | Report Abuse Reply
The most inefficient firm under mahindra group.
VASUDEVA VISWESWARA MATTIGODU
348. VASUDEVA VISWESWARA MATTIGODU  Apr 16, 2021 09:37 I Like It. | Report Abuse Reply
Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Bhupendra naran chanda
347. Bhupendra naran chanda  Apr 14, 2021 12:34 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
Nikunj Shah
346. Nikunj Shah  Apr 14, 2021 11:12 I Like It. | Report Abuse Reply
Kotak Securities used to be my fav and extremely reliable till like 5-7 years back, since then neither the product nor the experience has improved, they seem to have a big product team but the product continues to be same stagnant, they havent changed or upgraded with time, One should use IIFL, Anand rathi as full service brokers for fantastic experience.

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
Sanjhot Singh Bhasin
345. Sanjhot Singh Bhasin  Apr 7, 2021 03:40 I Like It. | Report Abuse Reply
Used to be amazing years back, sadly as other brokers moved with time Kotak stayed behind the rest, it doesn't offer much 3rd party offerings either, don't know if they have a product team who actually uses other services in the market to see what's happening with time, their inhouse research is bad and so is that pathetic MarketsMojo offering. I'm happy with IIFL, they're superb would recommend everyone to try IIFL.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Very Poor
kishore
344. kishore  Feb 24, 2021 09:18 I Like It. | Report Abuse Reply
They say open your account and trade in 60 mins. Their staff member girl committed big blunders while opg account as a result it tool 6 days to open my account plus she by mistake took some other route which charged Rs.589/- instead of sero chg.

Tried logging first time, I am waiting for 5 mins the screen to appear which other competitor systems take few seconds.

In Short, BULLLLLSHIT...
Vivek
344.1. Vivek  Mar 28, 2021 00:02 I Like It. | Report Abuse
Pls explain what is Rs 589 charges .. Bcoz they are charging Rs 589 from me also ? Pls explain it ..
Pradnya Shanbhag
343. Pradnya Shanbhag  Mar 20, 2021 04:33 I Like It. | Report Abuse Reply
The worse experience i had with these people. Over a period of 6 yrs i invested 4 L with this so called Securities. In total i received only 46000. Their office staff tells me that it was due to market fallen during Corona effect. There is no response to the emails. I feel like being cheated. Very disappointing service.
Anand
342. Anand  Feb 27, 2021 10:12 I Like It. | Report Abuse Reply
brokerage fee.
irrelevant messages and emails 24*7.
Relationship manager never bothers to talk on regular interval.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
GK
341. GK  Feb 4, 2021 09:14 I Like It. | Report Abuse Reply
Customer Support is awful. i have opened account in 20days back and it still not activated. sent more than 25 mails so far.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
datta
340. datta  Feb 2, 2021 17:09 I Like It. | Report Abuse Reply
worst trading app and terminal... no system , web terminal also dont work many times ..

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Pooja
339. Pooja  Jul 6, 2020 17:57 I Like It. | Report Abuse Reply
High brokerage charges

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Average
Ajay Gupta
339.1. Ajay Gupta  Jan 16, 2021 20:05 I Like It. 1 | Report Abuse
Right my client code ZRIOZ so UPL share lose not sell by delaer. High brokege
Shweta Sharma
338. Shweta Sharma  Jan 13, 2021 13:44 I Like It. | Report Abuse Reply
I am satisfied with their services . Happy with there research team.. thank you

Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Above Average
Overall Experience - Excellent
shaikh mohd anwar
337. shaikh mohd anwar  Dec 28, 2020 11:27 I Like It. 1 | Report Abuse Reply
dont fall into their free intraday plan they r no. 1 thief they will loot you.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Manish Thakkar
336. Manish Thakkar  Nov 20, 2020 13:52 I Like It. | Report Abuse Reply
High brokerage, bad response

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Haresh Kumar Shukla
335. Haresh Kumar Shukla  Oct 22, 2020 17:00 I Like It. | Report Abuse Reply
Third class BROKERAGE house. login issues are not solved in 10 days. Every time new person comes and asks for PAN, ADDRESS ETC.
BUT RESULTS. TIRED OF THIS BOOLSHIT COMPANY.
B
334. B  Oct 6, 2020 14:59 I Like It. | Report Abuse Reply
The most horrible service ever. They have no understanding of how even a few days affects their customer because hello it's the market ?? Very unprofessional approach . Horrible horrible ! Really bad service . I think I'll run out of space to say bad stuff about their service. DO NOT OPEN AN ACCOUNT HERE EVER!!

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
Prakash Khushalani
333. Prakash Khushalani  Oct 5, 2020 13:05 I Like It. | Report Abuse Reply
One of the worst brokerage firms in India. Charges very high brokerage & one of the worst customer care support. Do not open account over here.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Research Capabilities - Above Average
Customer Service - Very Poor
Overall Experience - Very Poor
TS
332. TS  Sep 21, 2020 13:36 I Like It. | Report Abuse Reply
Very high other and hidden charges. You may end up paying more brokerage than you will earn in the trade.

Ratings: NEVER GO FOR KOTAK SEC. IF YOU HAVE THEN SWITCH TO PAYTM MONEY GROWW OR KUVERA

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
ganesh
331. ganesh  Sep 20, 2020 17:37 I Like It. | Report Abuse Reply
Hidden charges are very high. In my transaction statement lot of charges which was not reasonable.
I'm getting profit in stocks but getting loss in their too much charges


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Very Poor

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