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Full Service Broker Depository: CDSL & NSDL
58

Kotak Securities Limited is a subsidiary of Kotak Mahindra Bank Limited and one of the leading stockbrokers in India. It offers a wide range of trading and investment services, including Research and advisory services, Portfolio management services, Wealth management and more. Kotak Securities has an active client base of 12,08,948 as of March 2024.

Product Basket

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

Equity
Commodity
Currency
Futures
Options
Brokerage Plans:

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 Charges

Free

Account Maintenance Charges

₹ 600

Plan Charges

₹ 499

Call & Trade Charges

₹ 49
Brokerage

Equity Delivery Brokerage

Zero

Equity Intraday Brokerage

Zero

Equity Futures Brokerage

Zero

Equity Options Brokerage

Zero

Currency Futures Brokerage

Zero

Currency Options Brokerage

Zero

Commodity Futures Brokerage

Zero

Commodity Options Brokerage

Zero
Margins

Equity Delivery Margin

5x

Equity Intraday Margin

5x

Equity Futures Margin

4x

Equity Options Margin

1x/5x

Currency Futures Margin

40x

Currency Options Margin

1x/40x

Commodity Futures Margin

8x

Commodity Options Margin

6x
Charges

Account Opening Charges

₹ 99

Account Maintenance Charges

₹ 600

Plan Charges

Zero

Call & Trade Charges

₹ 70
Brokerage

Equity Delivery Brokerage

0.25%

Equity Intraday Brokerage

Zero

Equity Futures Brokerage

₹ 20

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

₹ 20

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

₹ 20

Commodity Options Brokerage

₹ 20
Margins

Equity Delivery Margin

5x

Equity Intraday Margin

5x

Equity Futures Margin

4x

Equity Options Margin

1x/5x

Currency Futures Margin

30x

Currency Options Margin

1x/40x

Commodity Futures Margin

8x

Commodity Options Margin

6x
Trading Platforms Learn More

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 X Kotak Stock Trader Kotak Securities website Kotak Neo
Pros

Advantages and Strengths of this broker.

  1. Kotak Securities provides a wide range of investment options from equity to debt instruments, mutual funds, derivatives etc.
  2. Provides daily alerts, market pointers, research reports, stock recommendations, etc. to the customers.
  3. You can make international investments like investing in US stocks etc.
  4. NRIs can also open an account with Kotak Securities.
  5. Call and email support is available for solving the customer’s queries.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Call & Trade charges vary depending on the frequency of investing.
  2. In the online process, it supports accounts only with scheduled banks.
  3. The offline account opening process is time-consuming and cumbersome.
  4. It has comparatively higher equity delivery charges.
Additional Features

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

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Kotak Securities

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3)

Usability

(2.8)

Customer Service

(3.5)

Charges Review

  • Kotak Securities offers low brokerage charges for traders as intraday trading is free.
  • Equity delivery charges are higher as compared to others.
  • They have different brokerage plans & margin plans for which are chargeable.
  • They provide various tools and services such as portfolio analyzers, monitoring service, etc. with their premium plans.

Customer Service Review

  • Kotak Securities provides support over call & email.
  • As per customer reviews, the support is prompt.
  • Automated chat support is also available, and they offer an option to raise a ticket as well.
  • They have physical branches present in most of the cities.

Ease of Use Review

  • The trading platforms are user friendly and easy to navigate.
  • Kotak Securities provides free trading calls & research reports over mail and website.
  • Their software with terminal experience is quite advanced and user friendly.
  • They provide various tools and services such as portfolio analyzers, monitoring service, etc. for better decision making.

Account Opening Procedure Review

  • The online account opening process is easy for individual accounts.
  • The offline process is cumbersome and time consuming.
  • They support NRI accounts as well.
  • They offer numerous options within their plans which make the account opening process confusing.
  • Kotak Securities supports accounts from only a limited number of banks in the online process.

Why Choose Kotak Securities? Know Everything about Kotak Securities here.

Verdict

Being an extended arm of Kotak Mahindra Bank operating as its subsidiary, Kotak Securities enjoys a reputation and trust among traders and investors. It comes with a dedicated relationship manager for their customers to enhance customer support services. Further, if you don’t want to engage in stock market trading actively, then you can use additional services offered by them such as Portfolio Management Services.

If you are a trader, the broker provides you with

  • Separate research section for issuing calls on intra-day and short-term trading,

  • A separate section for Derivative market updates on their website which includes put-call ratio, most active contracts traded, calls & puts having the highest premium etc.,

  • Get the benefit of zero brokerage across all the segments in intraday positions,

  • Trading platforms are easy to navigate and user-friendly,

  • Avail of benefit from various trading tools to make informed trading decisions.

If you are an investor, the broker provides you with

  • ‘Knowledge Bank’ that provides information relevant to both beginners and traders,

  • A single platform for investing in multiple assets like SGBs, derivatives, equities, debt instruments etc.,

  • Get recommendations on stocks and mutual funds,

  • Get free research reports,

  • No transaction charges for mutual fund investments.

Trading Tools

Kotak Securities comes with some of the most exciting and useful trading tools to ensure that users trade seamlessly. The following are some trading tools and their features:

KEAT Pro X 

KEAT Pro X is a free installable web-based platform with a user-friendly interface for traders. It is compatible with low-speed internet as well and works on both desktops and laptops. An active trader can use this for order placing at multiple exchanges by using shortcut keys. It also provides stock recommendations by experts and comes with charting tools, technical indicators, and historical data which help the traders in better decision-making. The following are the features of KEAT ProX:

  • It is simple, free, and high-speed that allows live tracking of markets and investments on a real-time basis,

  • Obtain stock recommendations from expert research analyst,

  • Benefit from charting tools for past and future projected performance,

  • Create your personalized watchlist to track the stocks. In each watchlist, you can add up to 100 stocks.

Kotak Stock Trader 

Kotak Stock Trader is a mobile trading app that even Guest Users (who don't have an account in Kotak Securities) can download. Customers can monitor the markets and get live quotes with chart tracking. It provides margin details, available fund details & limits, notifications, and alerts setting, and also, pledging of shares can be done with the help of this application. The following are the features it provides:

  • You can seamlessly place orders for equity, and derivatives through the platform,

  • Login using the face ID or fingerprint that acts as a great security feature,

  • Basket order feature to invest in multiple stocks and contracts in one go.

Kotak Securities website 

This is the foremost and primary trading platform of Kotak Securities. Login to the website to trade as well as access a gamut of other trading services provided by it.

  • It allows trading across multiple exchanges from a single platform including NSE, BSE, MCX, etc.,

  • Get access to daily trading and investment ideas from the website,

  • Get access to information about the market with the course on the e-learn market available on the website,

  • You can easily switch platforms for different investments like bonds, ETFs, mutual funds, etc.

Kotak Neo

Kotak Neo is a brand-new trading platform by Kotak Securities. Its mobile app is available on both iOS and Android. Customers can access it on laptops/PCs via its official website. It aims to make investment and trading seamless by employing the best technology and customer-centric prowess. Brimming with potential, Kotak Securities is consistently incorporating more services in this app to create a holistic financial ecosystem. Some of its features are:

  • Zero Brokerage on Intraday Trades,

  • Stock Recommendations curated by Kotak’s Research Team,

  • UI/UX focusing on minimalism and utility,

  • Option to create a customized watchlist,

  • Advanced Charts for Trading and Live News,

  • Options for Commodity Trading.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00335% - NSE
0.00375% - BSE

0.00335% - NSE
0.00375% - BSE

0.002% - NSE

0.0505% - NSE

Demat Transaction Charges 

0.04% of the value of
securities (subject to
minimum of Rs.20)

-

-

-

STT

0.1% (both sides)

0.025%- sell side

0.0125% - Sell-side

0.0625% - Sell-side

SEBI Charges

Rs 10 per crore

Rs 10 per crore Rs 10 per crore Rs 10 per crore

For Commodity

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0026% - MCX; 0.006%
- NCDEX
0.05% for MCX; 0 for NCDEX

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

CTT

0.01% - Sell side

0.05% - Sell-side

SEBI Charges

₹ 10 per crore (for non agri commodities)

₹ 10 per crore (for non agri commodities)

For Currency 

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.00095% - NSE
0.00022% - BSE

0.037% - NSE
0.001% - BSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

-

-

SEBI Charges

Rs 10 per crore

Rs 10 per crore

Kotak Securities Complaints & Stats

Company name:

Kotak Securities Limited

Contact:

77389 88888

Email:

ks.demat@kotak.com

Active Users:

12,08,948
Kotak Securities Customer Reviews

Overall Rating

4

Based on 6 reviews

Rating Summary

5
66%
4
0%
3
16%
2
0%
1
16%

Review Analytics

Platform 1 votes

Charges 1 votes

Transparency 0 votes

Features 2 votes

Customer Support 1 votes

a j

(5)

Posted on 13 Jul 2022

Kotak Securities is the current best broker in market. With their fast and excellent trading platform, I can trade seamlessly and they also don't charge any brokerage as I am under 30 years of age. I highly recommend kotak securities if you are planning to start your trading journey.

narottam bag

(5)

Posted on 27 Jan 2022

Good but improve technology

k. ritika

(5)

Posted on 23 Apr 2021

Great experience

farid khan

(3)

Posted on 30 Dec 2020

1. Online Trinity facility activation not available in 3in1 account. 2. Delivery zero brokerage not available

jitendrabhai

(5)

Posted on 22 Dec 2020

good

ashutosh wadhwani

(1)

Posted on 21 Dec 2020

I have an account with Kotak but since I was inactive for sometime, they have made my account dormant, which is understandable. But When I tried making it active, they asked me Documents, which I gave them by email. Then they asked me to come to the branch, which i think is not fair. If I can open an account at home why cant I make a dormant account active from home. Anyways I went to the branch did the formatlities but my account did not become active, this was before lock down. I opened account in Zerodha in the lockdown and started trading there. After the lockdown last month I tried call center and got same response to go to branch, but when I went to the branch in Marol they asked me to go Worli which is 30 Kms from my home. According to me this not justified, I have certain shares in this demat otherwise I would not have bothered making my account active. I tried mail, call center and Kotak's Insta page also but issues dont get solved. Kotak team if you are reading do think that I am trying to tarnish your image this is a genuine feedback and I have screenshots and mails to prove.