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Kotak Securities Stock Trading, Demat, Brokerage and Reviews 2022


69% 1,256,001 Clients

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets.

Kotak Securities is a subsidiary of Kotak Mahindra Bank, one of the leading private banks in India.

Kotak Securities offer its services through 153 branches and 1332 franchisees across 361 cities.

Kotak Securities USP

What makes Kotak Securities different from the competition?

  • 25+ years of experience.
  • Part of prestigious Kotak Mahindra Bank.
  • Offer 3-in-1 account (Bank + Trading + Demat Account)
  • Physical presence in 393 cities.
  • Free Technical, Fundamental, Derivatives, Macro-economic and mutual fund research.
  • Different brokerage plans to suit your needs.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Account Types

  1. Trinity Account (3-in-1 account)

    Kotak 3-in-1 account(Trinity account) is a combination of a savings bank account, trading account, and a Demat account. It offers a seamless and hassle-free trading experience to trade/invest in IPO, bonds, ETFs, ESOPs, derivatives, and equity.

  2. 2-in-1 Account

    The Kotak Securities 2-in-1 accountis a combination of a trading and Demat account. Investors can choose their external bank accounts.

  3. Private Client Group

    Private Client Group is an exclusive offering designed to cater to the needs of high net worth (HNI) individuals. It offers a comprehensive product suite, a dedicated relationship manager, and in-depth research.

  4. NRI Account

    Kotak's NRI account allows NRI investors to trade in Indian stock markets. The 3-in-1 NRI accountoffers triple benefits of savings, trading, and Demat account. With this account, NRI investors can trade in bonds, ETFs, ESOPs, equity, derivatives, etc.


Kotak Securities Charges 2022

Kotak Securities Brokerage Plans

Plan Name Trade Free Plan Trade Free Max Plan No Brokerage Plan

What it is?

ZERO brokerage on intraday trades across all segments

Upto 4x with Margin Trading Facility

Investors under the age of 30 years, pay ZERO brokerage on all trades.

Account Opening Fee

FREE

FREE

FREE

Subscription fee

FREE

Rs 2499 (Annual)

Rs 499 (Annual)

Validity

Lifetime

1 year

2 years

Intraday Brokerage

FREE (All segments)

FREE (All segments)

FREE (All segments)

Equity Delivery

0.25% or Rs 20 whichever is higher

0.25% or Rs 20 whichever is higher

FREE (All segments)

Carry forward (All applicable segments)

Rs 20 per order

Rs 20 per order

FREE

Margin Trading Facility

12.49% p.a.

8.75% p.a.

12.49% p.a.

Stock used as margin for derivative trades

16.99% p.a.

16.99% p.a

16.99% p.a.

Brokerage Cashback

NA

Upto Rs 4,128 for 90 days on all trades post 1st MTF trade

NA

Demat AMC

Rs 50 per month

Rs 50 per month

Rs 50 per month

Dealer Assisted Brokerage Plan

The dealer assisted brokerage plan gives you a dedicated dealer to discuss, plan and strategize your investments. The dealer can also act as your financial advisor and assist you in managing your portfolio.

Account opening fee

Rs 499 (One time)

Equity Delivery

0.39%

Equity Intraday

0.039%

Equity Futures

0.039%

Equity options

Rs 39 per lot

Currency futures

Rs 9 per lot

Currency options

Rs 5 per lot

Commodity futures

0.039%

Commodity Options

Rs 39 per lot

Minimum Brokerage

Rs 21 per executed order subject to ceiling of 2.5% of contract value

Visit Kotak Securities Brokerage Charges Review for more detail.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


Kotak Securities Online Account Opening

Opening a Kotak Securities Demat Account is easy. To do so:

  • Visit www.kotaksecurities.com, fill up the application form with the required details, and you are done!
  • You can also visit any of our branch offices with your documents and fill up the application form to open an account with us.

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.

 

Visit Kotak Securities Trading Software Review for more detail.

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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 offers a 3-in-1 account
  2. 25+ years of trusted service.
  3. Low-cost online discount brokerage plans are available.
  4. Zero brokerage plan for investors up to the age of 30 years.

Kotak Securities Cons (Disadvantages)

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

  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • High Equity delivery brokerage charges.
  • Very high brokerage in dealer assisted brokerage plan.

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 2.3 stars 2.3/5
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 2.4 stars 2.4/5

Based on 182 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 2022-23 1,267,424 138 0.01%
NSE 2021-22 1,256,001 393 0.03%
BSE 2021-22 210,315 36 0.02%
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%

* 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.

     

  2. 2. Is Kotak Securities good?

    Kotak Securities is a SEBI registered broker and a member of NSE, BSE, MCX, NCDEX, offering a wide range of investment opportunities to its investors across Equity, F&O, Currency, Commodity, IPO, Mutual Funds, NCD, Sovereign Gold Bonds, Tax- free Bonds, and Stock Lending and Borrowing.

    Kotak Securities is a full-service broker known for its research services, personalized services, online and offline support, and robust technology that offers a seamless trading experience to its users.

    The company offers a choice of brokerage plans to investors based on flat-fee and percentage price models. It also provides a Margin Trading facility and margin against shares.

     

  3. 3. How do Kotak Securities works?

    Kotak Securities is one of the largest SEBI registered full-service brokers in India. The company provides trading and research services to both retail and institutional investors.

    The company offers to open only Demat account, 2-in-1 account, or 3-in-1 account (Trinity account) as per your choice with multiple brokerage plans. Kotak Securities also provides NRI account services for people living outside India.

    Kotak Securities has a robust mobile, web and desktop trading platform for a wide range of investments and trading services like Stocks, IPOs, Mutual Funds, and Currency Derivatives. The company also offers direct investments in US stock markets and many other value-added services like Margin Trading facility, margin against shares, portfolio tracker, Capital gains tracker, API trading, and much more.

     

  4. 4. What does Kotak Securities do?

    Kotak Securities is a full-service broking firm providing trading, investment, and research services to Retail Individuals, High Net Worth Individuals, NRI, Corporate clients, and Foreign Investors.

    Kotak Securities is a one-stop-shop that offers investment opportunities across multiple asset classes like Equity, F&O, IPO, Mutual Funds, Currency, Commodities, Sovereign Bonds, US Stocks, Tax-Free Bonds, NCD, and much more. The company provides online as well offline support to its customers. It also offers many value-added services like Margin Trading Facility, Margin against Shares, BTST, Portfolio Tracker, etc.

    Research & analysis is one of the key offerings of Kotak Securities. The company has a strong research team that provides technical & fundamental analysis to its customers for an informed investment.

     

  5. 5. How to close Kotak Demat and trading account?

    Kotak Demat and trading account closure is an offline process and cannot be closed online.

    Steps to close Kotak Securities Demat & trading account:

    1. Download the Demat & trading account closure form
    2. Fill in account holder details.
    3. Mention the reason for the closure.
    4. Enter the Trading account and DP account details.
    5. Provide the contact number.
    6. Get it signed by all the account holders.
    7. Courier the form to the address on the form.

    Points to note:

    • In case you want to transfer securities from your existing account to some other account, you will have to fill the DIS (delivery instruction slip) along with the documents to the branch office.
    • Please make sure that there is no negative balance in your account before requesting account closure.
    • If you have any Mutual Funds in your account, either redeem or convert them offline.

     

  6. 6. How to activate Kotak Securities account?

    Kotak Securities account activation is an online process that can be done through mobile or web platforms.

    After registering with Kotak Securities, customers need to activate their accounts. The account-related information gets sent to the customers on their registered email id.

    Steps to activate Kotak Securities account:

    1. Go to the 'login account activation' page of Kotak Sec website or click on Activate Account in Kotak Securities Mobile App.
    2. Enter your User ID and Password.
    3. Input the account Activation Pin.
    4. Provide your 'Old Password' and your 'New Password'.
    5. Confirm the new password.
    6. Read and accept disclaimers.
    7. Answer any two security questions.
    8. Confirm your contact details.
    9. Click on 'Submit'.
    10. 'Agree' to the Terms & Conditions of the account.

    Once your account gets activated, you can log in to your account and start trading.

     

  7. 7. How to open an account in Kotak Securities?

    Kotak Securities offers fully digital account opening.

    Steps to open Kotak Securities account:

    1. Visit Kotak Securities website.
    2. Register and verify your mobile number and email id.
    3. Provide your basic and identity details.
    4. Upload KYC details
    5. E-sign the form digitally to open an account.

    Alternatively, you can visit the nearest Kotak Securities branch, or initiate a live chat with the Kotak Securities Customer Support desk and click on Open an account or drop a message on WhatsApp No. 77389 88888 to seek assistance and guidance on account opening.

    You need to keep the following documents ready to open your account quickly:

    • Pan Card
    • Address Proof
    • Bank Statement
    • Aadhar Number

     

  8. 8. How to activate derivatives in Kotak Securities?

    You can activate derivatives in Kotak Securities online or offline by submitting the segment activation form.

    Steps to activate derivatives in Kotak Securities online:

    • Log in to your Kotak Securities mobile app.
    • Click on More at the bottom of the screen.
    • Click on Service & Support.
    • Select Service Request.
    • Click on Proceed under Segment Activation.
    • Enter your annual income range and frequency for settlement of the account.
    • Upload income proof.
    • Click on the button against Equity Derivatives and Confirm.

    Alternatively, you can download the Segment Activation Form from the Kotak Securities website and submit the duly filled form along with income proof at the nearest branch.

     

  9. 9. What is Kotak Securities brokerage charges?

    Kotak Securities offers free intraday trading across all segments. The brokerage charges of Kotak Securities differ based on the chosen plan.

    Kotak Securities Brokerage Charges

    Segment Trade Free Plan (Brokerage) Trade Free Max (Brokerage) Dealer Assisted Plan (Brokerage)

    Account Opening Charges

    Free

    Free

    Rs 499

    Subscription Fees

    NA

    Rs 2499

    NA

    Equity Delivery

    0.25% or Rs 20 whichever is higher

    0.25% or Rs 20 whichever is higher

    0.39%

    Equity Intraday

    Free

    Free

    0.039%

    Equity Futures

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    0.039%

    Equity Options

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    Rs 39 per lot

    Currency Futures

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    Rs 9 per lot

    Currency Options

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    Rs 5 per lot

    Commodity Futures

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    0.039%

    Commodity Options

    C/F: Rs 20 per order; Intraday: Free

    C/F: Rs 20 per order; Intraday: Free

    Rs 39 per lot

    Note : C/F is Carry Forward Positions

     

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


426 Comments

426. Pradeep   I Like It. | Report Abuse |   Link | Sep 29, 2022 4:56:48 PM Reply
Worst service and platform

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
425. JM   I Like It. | Report Abuse |   Link | Sep 23, 2022 3:31:55 PM Reply
KOTAK sercurities is worthless, bad services, manipulate data and order type during trading.
424. Ankit   I Like It. | Report Abuse |   Link | Sep 20, 2022 1:36:41 PM Reply
Very High brokerage charges.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Average
Overall Experience - Below Average
423. RSN Murthy   I Like It. | Report Abuse |   Link | Sep 8, 2022 11:09:51 AM Reply
Friends don't open AC with kotak. They will make you bankrupt

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
422. Mudit Johari   I Like It. | Report Abuse |   Link | Aug 23, 2022 7:30:38 PM Reply
I would recommend to NOT open account with Kotak securities. It is an expensive account, all charges are highest in the categories. One feature which is the worst / not present is that if there is lock-in on your shares, it is not shown on Kotak Securities. If you sell them by chance, you will incur penalties. New platforms like Zerodha will not show those shares as available for trade. On top of that when I wrote to customer care, they sai d it was my fault that I did not know that Yes Bank shares have lock-in. I had to open this account as a company requirement and this penalty was the last nail in the coffin. I would close my account after almost 10 years.
421. AJ Trdaer   I Like It. | Report Abuse |   Link | Aug 19, 2022 3:52:42 PM Reply
Look no further than Kotak Securities if you are planning to start your trading journey. The best in the market in terms of Research, Service, Technology, Brokerage payment, offers ..... and what not!!

One must try Kotak Trading platforms for real feel of a pro-trader.
I'm enjoying trading with Kotak Securities, do you?
A simple way to open the account and get started!!
420. Ashish   I Like It. | Report Abuse |   Link | Aug 10, 2022 4:39:05 PM Reply
Kotak Securities surely offers impressive benefits! I am especially enjoying zero brokerage with no brokerage plan and the margin trading facility. I highly suggest everyone to get the Kotak trading experience!
419. Ashish   I Like It. | Report Abuse |   Link | Aug 10, 2022 4:37:00 PM Reply
Kotak Securities made trading easier for me! There are no account opening charges, and they also offer zero brokerage on intraday trades. If you ask me, it’s a win-win experience!
418. Ashish   I Like It. | Report Abuse |   Link | Aug 10, 2022 4:29:39 PM Reply
Honestly, it's super easy to trade with Kotak Securities. It's the best trading partner one can ask for! You can open your account online with no hassles or hidden charges. Highly recommended!
417. Ashish   I Like It. | Report Abuse |   Link | Aug 10, 2022 4:25:29 PM Reply
I opened my first ever Demat account with Kotak Securities and am super happy! The app is easy, breezy and just makes it so much easier to trade. Besides, I am also getting zero brokerage on intraday trades.
416. Sneha Patra   I Like It. | Report Abuse |   Link | Aug 10, 2022 3:55:45 PM Reply
Excellent service in terms of different plans suited to different customers, technologically adapted platforms, offers, etc. I will definitely recommend it to others.
415. Arunita   I Like It. | Report Abuse |   Link | Jul 30, 2022 2:20:30 PM Reply
Worst experience. Kehne k liye to zero brokerage bolte hain, but jitna profit hua hain us se v jayda brokerage dena parta hain.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
414. Hariharan   I Like It. | Report Abuse |   Link | Jul 17, 2022 4:59:44 PM Reply
Kotak securities - worst ever service seen so far
413. Narendrasinh   I Like It. | Report Abuse |   Link | Jul 15, 2022 9:39:42 PM Reply
As I had opened from Kotak bank I am unable to use free trade plan.. So I am paying so much more than reqd... I find it now..
Kotak has to allow customer like me to shift in free trade plan.
It's not possible now as per kotak help line person.
But for new Trader and below 30yrs. This is only pure Free plan available in Market

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Average
Overall Experience - Average
412. ASHOK CHAUDHARY   I Like It. | Report Abuse |   Link | May 4, 2022 10:46:36 AM Reply
Third class, officially India's worst stock broker, ghatiya service, pathetic research, faaltuu product and 0 customer service
All time server down.. don't use this for trading.. because he made big loses.

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
411. Nikhil Chheda   I Like It. | Report Abuse |   Link | May 1, 2022 10:21:56 PM Reply
Started my account 6 months back because I already had a kotak savings so thought it would be okay to have broking with same broker, otherwise I have been trading with IIFL group for last 2 decades, my experience has been beyond words, it's pathetic, their app is smooth but their miscellaneous charges are so random, their delivery charges are high and WORST WORST WORST research calls i lost money in every trade and when i spoke to customer service they know nothing about anything, i finally decided to shut my account last week, sent documents to their goregaon office and now back with IIFL. My sincere advice, please dont use Kotak securities. It's bad.

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
410. Channin Tatum   I Like It. | Report Abuse |   Link | Apr 20, 2022 9:38:25 AM Reply
Third class, officially India's worst stock broker, ghatiya service, pathetic research, faaltuu product and 0 customer service

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
409. niranjan   I Like It. | Report Abuse |   Link | Nov 19, 2021 2:24:11 PM 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.
409.2. Nilaykumar   I Like It. | Report Abuse |   Link | Feb 22, 2022 9:15:19 AM
@niranjan
How's your experience right now?
Nest or kotak app is good?
Are Charges high in trade free plan?
409.3. niranjan   I Like It. | Report Abuse |   Link | Apr 16, 2022 3:13:35 PM
It's been more than 7 months now. I still do not know why ppl are negative like hell about this broker. It's the only bank based broker which is offering something which is even cheaper than discount broker (free intraday). My experience has been awesome with nest. I had used kotak mobile app and website, they are not that good, I am proficient with nest, hence have been using it since opening account here. Just see other bank based brokers, they will literally loot you and they dont shy away showing their rate list.
408. Nilaykumar   I Like It. | Report Abuse |   Link | Apr 12, 2022 4:02:33 PM Reply
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.
407. Mehul Jain   I Like It. | Report Abuse |   Link | Apr 11, 2022 2:03:10 PM Reply
Worst broker of India, their research and advisory is appalling, product bhi ek dum ghatiya hai... Aur customer support toh hai he nahi..

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

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