Kotak Securities
Kotak Securities
Discount Broker

About Broker

Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank Limited, is among the top stockbrokers in India. The firm provides a comprehensive range of trading and investment services, including research and advisory services, portfolio management, wealth management, and more. As of February 2024, Kotak Securities boasts an active client base of 1,179,674.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.

EquityCommodityCurrencyFuturesOptions

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening

Free

Account Maintenance

₹600

Plan Charges

₹499

Call Trade

₹49

Brokerage

Equity Delivery

Zero

Equity Intraday

Zero

Equity Futures

Zero

Equity Options

Zero

Currency Futures

Zero

Currency Options

Zero

Commodity Futures

Zero

Commodity Options

Zero

Margins

Equity Delivery

5x As per exchange

Equity Intraday

5x As per exchange

Equity Futures

4x As per exchange

Equity Options

1x/5x Buy 1x, Sell 5x

Currency Futures

40x As per exchange

Currency Options

1x/40x Buy 1x, Sell 40x

Commodity Futures

8x As per exchange

Commodity Options

6x As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

KEAT Pro XKotak Stock TraderKotak Securities websiteKotak Neo

Other Details

Pros

Advantages and Strengths of this broker.

  • Kotak Securities provides a diverse array of investment options, including equity, debt instruments, mutual funds, and derivatives.
  • The company delivers daily alerts, market insights, research reports, and stock recommendations to its clients.
  • Clients can explore international investment opportunities, such as investing in US stocks.
  • NRIs are also permitted to open accounts with Kotak Securities.
  • Customer queries are addressed through call and email support.

Cons

Disadvantages of this broker that it needs to improve upon.

  • Call & Trade fees vary based on the frequency of investments.
  • The online process supports accounts linked only with scheduled banks.
  • The offline account opening procedure is lengthy and inconvenient.
  • It has relatively higher fees for equity delivery trades.

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

3-in-1 AccountComplimentary Trading CallsFree Market ResearchSMS NotificationsMargin FundingMargin Against Shares

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

Mutual FundsIPO ServicesDebt BondsExchange-Traded Funds (ETFs)Insurance Coverage