Kotak Securities Stock Trading, Demat, Brokerage and Reviews 2021


5.99% 787,723 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 margin for intraday trading is up to 6x 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.

SegmentMargin
Equity Delivery1x (no margin)
Equity IntradayUp to 6x (based on the stock)
Equity Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures & OptionsIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity FuturesIntraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Note: As per the new margin policy by SEBI, the margin for trading will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 20x in any segment at BSE, NSE, and MCX. All full-service and discount brokers will provide the same margin exposure to customers.


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 2.8 stars 2.8/5
Research Capabilities Rated 2.6 stars 2.6/5

Based on 170 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 2021-22 787,723 86 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%
NSE 2016-17 273,895 123 0.04%

* 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

Kotak Securities Vs ZerodhaKotak Securities Vs ICICI DirectKotak Securities Vs HDFC Securities
Kotak Securities Vs SharekhanKotak Securities Vs AxisDirectKotak Securities Vs Angel Broking
Kotak Securities Vs Motilal OswalKotak Securities Vs StoxkartKotak Securities Vs Groww
Kotak Securities Vs Dhani StocksKotak Securities Vs IIFL SecuritiesKotak Securities Vs SBI Securities
Kotak Securities Vs GeojitKotak Securities Vs ReligareKotak Securities Vs Edelweiss
Kotak Securities Vs SMC GlobalKotak Securities Vs Nirmal BangKotak Securities Vs 5paisa
Kotak Securities Vs VenturaKotak Securities Vs UpstoxKotak Securities Vs Anand Rathi
Kotak Securities Vs Master TrustKotak Securities Vs IndiabullsKotak Securities Vs Aditya Birla Money
Kotak Securities Vs BonanzaKotak Securities Vs SAMCOKotak Securities Vs TradingBells
Kotak Securities Vs IDBI CapitalKotak Securities Vs TradeSmartKotak Securities Vs SAS Online
Kotak Securities Vs iTradeOnlineKotak Securities Vs RK GlobalKotak Securities Vs Tradeplus
Kotak Securities Vs TradejiniKotak Securities Vs Alice BlueKotak Securities Vs Wisdom Capital
Kotak Securities Vs FyersKotak Securities Vs FinvasiaKotak Securities Vs Prostocks
Kotak Securities Vs RMoneyKotak Securities Vs BeelineKotak Securities Vs Just Trade
Kotak Securities Vs AchiieversKotak Securities Vs TrustlineKotak Securities Vs Choice Broking
Kotak Securities Vs GCL SecuritiesKotak Securities Vs Yes SecuritiesKotak Securities Vs Indira Securities
Kotak Securities Vs Paytm Money


369 Comments

fgdfgdf
369. fgdfgdf  Jul 29, 2021 22:22 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
Gayatri
368. Gayatri  Jul 28, 2021 08:54 I Like It. | Report Abuse Reply
Worst techanical issue service...they just want to
eat customers money without any service...
Gayatri
367. Gayatri  Jul 28, 2021 08:53 I Like It. | Report Abuse Reply
Worst techanical issue service...they just want to customers money
hitsur
366. hitsur  Jul 16, 2021 18:25 I Like It. | Report Abuse Reply
Hello.
I have an query regarding MINOR DEMATE A/c.
I have a Minor (son) Demate account in Kotak securities.
While applying an IPO through KOTAK NET BANKING ASBA(MINOR BANK A/C), the pan number reflects in ASBA is FATHER PAN and not the MINOR PAN,where else in KOTAK SECURITIES (CLIENT MASTER LIST of MINOR) there the PAN Number is correct.
Now my query is,
If i apply an IPO for my self and for my minor son through asba(with different bank account), same PAN shows in ASBA. Is it both application will accepted.

Hope you have understood my query.
Thanks in advance.
kamlesh
365. kamlesh  Jul 13, 2021 09:54 I Like It. | Report Abuse Reply
today i am going to open account but after reading all review i will never open account in kotak thank you all of you ,, because of your review i know about kotak
ROMABEN SHAH
364. ROMABEN SHAH  Jun 27, 2021 16:30 I Like It. | Report Abuse Reply
Account clsore ka from bej hee lekin close karte nahi charges extra lagate hee ke apko malum nahi hota most bogas service tool free service ma 30 minit tak phon nahi riciv karte .delar ka proper answer nahi ata uska personal mobile no milta nahi hee
KrishnaKishore
363. KrishnaKishore  Jun 24, 2021 17:49 I Like It. | Report Abuse Reply
There are a lot of hidden by Kotak Really its a fraud Company. None of the customer care will help.
Na
362. Na  Jun 21, 2021 18:21 I Like It. | Report Abuse Reply
They charge higher. RM , backend staff , customer care officer are full crap. They even charge without trade.

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
Dibya
361. Dibya  Jun 19, 2021 05:28 I Like It. | Report Abuse Reply
Frud broker frud broker frud broker nsdl action in kotak security .do not open account kotak security furd be careful
Dibya
360. Dibya  Jun 19, 2021 05:26 I Like It. | Report Abuse Reply
Fraud don't open account kotak security
Dibya
359. Dibya  Jun 19, 2021 05:22 I Like It. | Report Abuse Reply
Kotak security is frud frud frud very denger frud nsdl please stop kotak security . please not open account kotak security frud broker
darshan rathod
358. darshan rathod  Jun 15, 2021 13:14 I Like It. | Report Abuse Reply
No transperency in kotak security....Too bad

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor
Bharat Bushan Bhat
357. Bharat Bushan Bhat  Jun 13, 2021 23:16 I Like It. | Report Abuse Reply
Charges are high requested to reduce it.
Kushal
356. Kushal  Jun 11, 2021 11:41 I Like It. | Report Abuse Reply
Leaverage is too much less..any intraday trader wants more leaverage on their trade.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Alex Mathew
355. Alex Mathew  Jun 10, 2021 06:53 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
Nan
354. Nan  Jun 7, 2021 17:41 I Like It. | Report Abuse Reply
KOTAK IS WORST IN TRADING FLATFORM

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
Nitesh
353. Nitesh  May 29, 2021 13:46 I Like It. | Report Abuse Reply
This company not let u earn profit. The charges are very high. Don't get fooled by opening the account in 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
Rahul Marne
352. Rahul Marne  May 24, 2021 11:58 I Like It. | Report Abuse Reply
Kotak securities services are now third class now . They charge heavy charges. Didnt response to customers from franchise end and customer care end immediately ,
Gunit Kaur
351. Gunit Kaur  May 10, 2021 15:46 I Like It. | Report Abuse Reply
Very bad dealers,unprofessional team of dealers who take leave now & then ,no follow up they say we are getting salaries no need for customers follow up,very poor escalation team,0 rating out of 10 plz don’t waste your money as brokerage rates are also high,unprofessional staff

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
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.

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