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Kotak Trade Free Brokerage Plan:

Kotak securities have recently launched a new plan called Trade Free plan where you can do unlimited intraday trading without worrying about brokerage. In this plan, Kotak offers unlimited equity intra-day across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity at zero brokerage charges, Brokerage for delivery trades in Equity (Cash) and Commodity segment will be charged at 0.25% of the transaction value and all other F&O, MIS & Super Multiple (Cover Order) at Flat fee of ₹20 per executed order. The clients also get access to in-depth research and stock picks from an experienced team of analysts.

Key Features of Kotak Trade Free brokerage Plan

  • Free Intraday Trades: You can enjoy zero brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency, and Commodity.
  • Equity and Commodity Delivery Trades: Brokerage for delivery trades in Equity (Cash) and Commodity segment will be charged at 0.25% of the transaction value. This brokerage is subject to a minimum brokerage of ₹20 per executed order.
  • The brokerage of Rupee 0.01 shall be charged for Self-generated intraday orders in:
    • Cash segment at a scrip level
    • Futures & Options Segment at the underlying-Expiry contract level.
    • In addition, all statutory & other charges shall be charged as applicable.
    • Cash segment at a scrip level
  • High Exposure Trades - Super Multiple & Margin Intraday Square off (MIS): Intraday trades that offer higher exposure on select stocks and contracts will be charged a flat brokerage of ₹20 per executed order.
  • Top Stock Picks: With the Trade Free brokerage plan, you also get access to in-depth research and stock picks from an experienced team of analysts.
  • Currently, there are Zero account opening charges. this Offer is only valid for a limited period
  • Dealer-assisted trade: Additional brokerage of ₹50 per executed order will be charged for orders placed through dealers/ customer service executives and trades squared off by Kotak Securities.
Special Offer: Free Account opening + Free Intraday Trades -All Segments + Flat fee of ₹20 per executed order all for other F&O, MIS & Super Multiple (Cover Order) + Equity & Commodity Delivery at just 0.25% of the transaction value.Get th e offer
Kotak Securities Account Opening & AMC Charges

Kotak Securities charges ₹499 (Now Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹600 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Kotak Securities to maintain your account.

Name Details
Trading Account Opening Fee ₹499 (Now Free)
Demat Account Opening Fee ₹0
Demat Account AMC ₹600
Trading Account AMC ₹0
Kotak Securities Brokerage Charges

Please find below Kotak Securities Brokerage charges in their basic Plan. Kotak Securities provides delivery trade at 0.49%, Intraday Trade at 0.049%, Equity Future Trade at 0.049%, and Equity Option Trade at ₹300.

Plan Name Fixed Brokerage Plan
Equity Delivery 0.49%
Equity Intraday 0.049%
Equity Future 0.049%
Equity Options ₹300
Currency Futures -
Currency Options -
Monthly Fee NA
Margin Trading -
Commodity Futures 0.07%
Commodity Options -
Kotak Securities Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Kotak Securities Transaction charges are as per the below table:

Name Details
Equity Delivery NSE: 0.00325% BSE: 0.00325%
Equity Intraday NSE: 0.00325% BSE: 0.00325%
Equity Future * NSE: 0.0019%
Equity Options * NSE: 0.05% on Premium
Currency Futures * NSE: 0.0009%, BSE: 0.00022%
Currency Options NSE: 0.035%, BSE: 0.001%
Commodity MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006%
Kotak Securities Other Charges

A lot of other Charges are getting levied other than brokerage by Kotak Securities like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage ₹20 per executed order
Call & Trade ₹20 per call
Stamp Duty * Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 20)
Other Miscellaneous Charges CB charges ₹350 + Bank Chg, ₹9 Payment Gateway Ch
Kotak Securities Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Kotak Securities demat account charges 2020.

Name Details
Depository Service Provider CDSL & CDSL
Account Opening Fee

Nil

Advance Deposit

Nil

AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Dematerialisation Charges

₹3 per certificate plus ₹50 per request

Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Transaction Charges (Credit) -
Transaction Charges (debit)

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

Pledge Invocation Charges

0.04% of the value of securities Minimum ₹30

Failed Instruction Charges

Nil

Other Charges Charge for Client Master change intimation: ₹25/-

Charges Explained

  • Securities / Commodities Transaction Tax: Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on the selling side when trading intraday or on F&O. When trading at TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE, MCX) and clearing member.
  • Call & trade: Additional charges of ₹25 per executed order:
  • Stamp charges: Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%.
  • GST: Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
Special Offer: Free Account opening + Free Intraday Trades -All Segments + Flat fee of ₹20 per executed order all for other F&O, MIS & Super Multiple (Cover Order) + Equity & Commodity Delivery at just 0.25% of the transaction value.Get th e offer

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Kotak Securities User Reviews

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