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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 online with Zerodha and start trading today.

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.
Kotak Securities Account Opening & AMC Charges

Kotak Securities charges Rs 0 (Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Rs 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 Rs 0 (Free)
Demat Account Opening Fee Rs 0 (Free)
Demat Account AMC Rs 600
Trading Account AMC Rs 0
Kotak Securities Brokerage Charges

Please find below Kotak Securities Brokerage charges in their basic Plan. Kotak Securities provides delivery trade at 0.25% or Rs 20 whichever is higher, Intraday Trade at Free, Equity Future Trade at Delivery: Rs 20 per trade | Intraday: Free, and Equity Option Trade at Delivery: Rs 20 per trade | Intraday: Free.

Plan Name Trade Free Plan Dealer Assisted Plan
Equity Delivery 0.25% or Rs 20 whichever is higher 0.39%
Equity Intraday Free 0.039%
Equity Future Delivery: Rs 20 per trade | Intraday: Free 0.039%
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 39 per lot
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 9 per lot
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 5 per lot
Monthly Fee - Rs 499 (One Time)
Margin Trading - -
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free 0.039%
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 39 per lot
Kotak Securities Exchange Transaction Charges

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 Rs 21 per executed order
Call & Trade Rs 50 per call
Stamp Duty * -
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 20)
Other Miscellaneous Charges -
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
Account Opening Fee

Nil

Advance Deposit

Nil

AMC Rs 600 per year
Dematerialisation Charges Rs. 150 per certificate + Rs. 50 per request courier charges
Rematerialisation Charges Rs.10 for 100 securities (Minimum payable Rs.15)
Transaction Charges (Credit) -
Transaction Charges (debit) 0.04% + NSDL charges (minimum Rs 20)
Pledge Creation Charges Rs 20 per ISIN
Pledge Creation Confirmation Charges Rs 20 per ISIN
Pledge Invocation Charges Rs 20 per ISIN
Failed Instruction Charges -
Other Charges -

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)
Zerodha Special Offer:

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Frequently Asked Questions:

Kotak Securities User Reviews

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