Kotak Securities Review - A Full Service Broker India 2017


Kotak Securities Ltd Logo

Contact Kotak Securities

Name Phone
Email City
State
Open an account today. Get Started
Overall

Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.

Brokerage Charges
Investments Offering
Trading Platform
Customer Service

Why Kotak Securities?

  • 5 th largest Broker In India with most extensive retail distribution network of 1128 offices in 352 cities of India.
  • Comprehensive research platform covers 166 stocks in 16 sectors.
  • 3 in 1 account that integrates Savings Account, Demat Account and Trading Account into one service.
  • Most competitive NRI brokerage plan.
  • Brokerage house with the largest IPO distribution in India.
  • After Market Orders and Portfolio Management Service(PMS) available.
  • Ranked as number 1 in India's Institutional Investor rankings by weighted average in 2014.
Broker Ad
LikesLikes

  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

DislikesDislikes

  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Exclusive OfferExclusive Offer

Kotak Securities - Get Exclusive Offer
Sign up now
.


Kotak Securities Review - 2017

Kotak Securities Limited, a subsidiary of Kotak Mahindra Bank, is the stock broking and distribution arm of the Kotak Mahindra Group. The Group has business interest in commercial banking, stock broking, mutual funds, life insurance and investment banking and its customer base includes individual, NRI and institutional investors.

Kotak Securities, the popular stock broker is amongst the top five Share Brokers in India having customer base of more than 10 lac, 1128 branches and sub Brokers in 350 cities . The broker also has international presence with offices in London, New York, Dubai, Abu Dhabi, Mauritius and Singapore.

Kotak securities as a full service broker provides wide range of investment products and services such as share trading, derivatives trading, mutual funds, IPO, Exchange Traded Funds, Currency Derivatives, Tax Free bonds, portfolio management, Stock Lending and Borrowing, Interest Rate Futures and Depository Services. The Broker still doesn't have commodity trading facility.

Kotak Securities is a corporate member of NSE and BSE and depository participant (DP) with NSDL and CDSL for Demat Account. They have a research division to study the macroeconomic indicators, sectors, company-specific equity research, which regularly publishes stock market analysis. The Broker also provide in-depth daily alerts, economic reports and customizable Research Reports to its clients.

They offer a single platform for investments in equities, mutual funds and currency derivatives. Kotak provides margin against securities using shares in your demat account.Available margin can be used for any of the three segments. Super Multiple, a service offered by Kotak allows you up to 18 Times exposure on NV20 Script and 14 times exposure against your margin, on additional specified scrips.

Kotak Securities Academy is the free guidance on equities, mutual funds, futures, options and financial planning provided by Kotak to its clients.

Regular customer support through email, toll free no is available and it is consider to be average only, not beyond expectation.

Request call back from Kotak Securities
Kotak Securities with closest competitors
Broker Kotak Securities Zerodha ICICIDirect Sharekhan ProStocks
Service Type Full Service Broker Discount Broker Full Service Broker Full Service Broker Discount Broker
Brokerage .049 to .49% Rs 20 0.05 to .55% 0.1 to 0.5% Rs 15
Account Type 3 in 1 2 in 1 3 in 1 2 in 1 2 in 1
Monthly Plans No No No No Yes
Rating
Please refer unique and accurate Kotak Securities Brokerage Calculator

Kotak Securities Brokerage Charges - 2017

Brokerage and Fees:
  • Account opening fee : Rs 750
  • Annual maintenance charges : Nil
  • Demat Account opening fee : Nil
  • Demat account maintenance charges : Rs 50 per month for resident Indians, Rs 75 per month for NRIs.
There is three Brokerage plans to choose from:

1. Fixed Brokerage Plan:This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

Type Charges
Delivery 0.49%
Square off (Both Sides) 0.049%
Futures (Both Sides) 0.049%
Options Rs 300 Per Lot
Minimum Brokerage 4 paise for delivery and 3 paise for Intraday and Futures orders

Minimum Brokerage Charges:4 paise for delivery and 3 paise for Intraday and Futures orders.

2. Dynamic Brokerage Plan: This is the brokerage plan depending upon the volume of trade per month in particular segment. The more is your volume the lower will be the brokerage. Clients can get a good bargain on their brokerage rates. The Brokerage can go as low as .30% for equity trading.

Slabs Brokerage Applicable(Both Side)
Less then 1 lakh 0.59%
1-5 lakh 0.55%
5-10 lakh 0.50%
10-25 lakh 0.45%
25-50 lakh 0.35%
Above 50 lakh 0.30%

Cash Intraday - Brokerage Details

Slabs Brokerage Applicable(Both Side)
Less then 25 lakh 0.06%
Above 25 lakh 0.05%

Futures - Brokerage Details

Slabs Brokerage Applicable(Both Side) Brokerage Applicable(Both Side)
Less then 2 crore 0.07% 0.05%
Above 2 crore 0.09% 0.073%

Options - Brokerage Details

Monthly Premium Volume Intraday Brokerage Settlement brokerages Minimum Brokerage Per Lot (Intraday)
Upto 4 laks 2.5% 2.5% Rs 300
4-11 laks 2.25% 2.5% Rs 240
Above 11 laks 1.8% 2.3% Rs 180

Currency Derivative - Brokerage Details

Monthly Volume Slab(In Crs) Currency Futures Currency Options
0-3 0.04% or Rs 20 per lot, whichever is higher Rs 20 Per lot
3-8 0.036% or Rs 18 per lot, whichever is higher Rs 18 Per lot
8-15 0.030% or Rs 15 per lot, whichever is higher Rs 15 Per lot
15-30 0.02% or Rs 10 per, whichever is higher Rs 10 Per lot
Above 30 0.015% or Rs 7.5 per lot, whichever is higher Rs 7.5 Per lot

Minimum brokerage Charges: cash Delivery: 0.04 P (per share), Intraday: Rs. 0.04 P (per share), OR Rs. 21/- per executed order, whichever is higher, Equity Futures: 0.04 P (per share) subject to ceiling of 2.5% of contract value.

3. Advanced Brokerage Plan : This is a prepaid brokerage plan where you requires to pay a Advance fee at the beginning of a specific time period. This Advance Fee is refundable to the extent of the brokerage generated by the client during the Validity Period of the Plan. The plan duration is 12 months. The brokerage can be as low as .12% for equity and .015% for intraday and future if your trading volume is high. There is no Account opening fee with this plan.

Plan details & Charges

Particulars PLAN A PLAN B PLAN C PLAN D
Total Cheque Amount Rs 5000+ST Rs 10,000+ST Rs 50,000+ST Rs 2,00,000+ST
Validity 12 Months 12 Months 12 Months 12 Months
Delivery 0.39% 0.29% 0.19% 0.12%
Cash Intra-Day 0.040% 0.035% 0.030% 0.015%
Futures 0.040% 0.035% 0.030% 0.015%
Options Rs 225/- per lot Rs 225/- per lot Rs 150/- per lot Rs 150/- per lot
Currency Futures (Each Leg) 0.024% or Rs. 12 per lot whichever is higher 0.020% or Rs. 10 per lot whichever is higher 0.016% or Rs. 8 per lot whichever is higher 0.016% or Rs. 8 per lot whichever is higher
Currency Options (Each Leg) Rs 12 Rs 10 Rs 8 Rs 8
Types of Account:

Trinity Account: Kotak Securities Trinity Account is a 3 in 1 account that gives you the benefits of seamless investment by integrating savings account, demat Account and trading account into one great service. As part of trinity account, a savings bank account is opened with Kotak Mahindra Bank to your own preferred nearest location.

Funds can be moved between accounts directly through the Kotak Securities website, and any unutilized money in your trading account comes back to your savings account. There is no upper limit for transfer of funds from your savings account to your online trading account in a single day.

2 in 1 Account : This is a normal Trading and Demat Account with Kotak Securities and any saving Bank Account can be linked to it. The banks that can be linked are Axis Bank, CitiBank, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Federal Bank and State Bank of India (SBI).

Kotak Pearl Account: This account is specially designed for women to invest in Indian share market. It allow women investors to enjoy the regular offerings of Kotak Securities such as online trading platform KEAT ProX, mobile trading application Kotak Stock Trader, expert research recommendations.

It comes with features like 50% cash back on brokerage on Cash market trades for a period of 90 days. Account opening fee is Rs 500.

For complete brokerage charges and trading plans detail please visit Kotak Securities Brokerage Charges.
Kotak Securities Brokerage Charges - Fixed Brokerage Plan
Brokerage Plan Fixed Brokerage Plan
Flat Fee
Equity Delivery 0.49%
Equity Intraday 0.049%
Equity Futures 0.049%
Equity Options Rs 100
Currency Futures
Currency Options
Commodity 0.070%

Account Opening with Kotak Securities Ltd

There are 3 simple ways to open an account with Kotak Sec:

  • Call at one of the below number and ask to open an account with them.
    Toll Free No.: 1800-222-299, 1800-209-9191
  • Visit one of their nearest branches.
  • Fill online account application form on Kotak Securities website.

Contact Kotak Securities

NamePhone
EmailCity
State
Are you a day trader?

Kotak Securities Web, Mobile app and Desktop base trading platform - 2017

Kotak Securities offers web based, terminal based and mobile app based trading platform on Trinity Account.

Kotaksecurities.com:This is the online Broking Site by Kotak Securities launched in year 2000.

Xtralite:Kotak Securities introduces Xtralite, an extra-light, super-fast trading website specially designed for trading using slow internet connections. Now, you can use your existing internet connections to trade in the equity and derivative markets.

KEAT Pro X:This is a free, simple and high-speed online trading software that gives you control over your stock portfolio and allows you to track the markets live as well as buy and sell securities online in real time. KEAT Pro X deals with online trading on BSE, NSE and NSE currency markets on single platform.

Key Features are:Charting Tools, multiple watch-list, live streaming quotes, stock recommendations, up-to-date market information etc.

The Kotak Stock Trader:This a Mobile Stock Trading app that allows you to trade in equity, derivatives, currency derivatives, track your portfolio, get live streaming market updates and stock quotes, and much more while you are on the go.

Fastlane:This is light and fast Java based trading application. With Fastlane, you can track the markets live, make trades, create watch-lists and more without installing full-fledged trading software on your computer.

For detail review of mobile app and download please visit Kotak Securities Mobile App.

Kotak Securities Membership Information

  • Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. Telephone No.: +22 43360000, Fax No.: +22 67132430
  • Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 42856825
  • CIN: U99999MH1994PLC134051
  • SEBI Registration No: NSE INB/INF/INE 230808130
  • BSE INB 010808153/INF 011133230
  • MSEI INE 260808130/INB 260808135/INF 260808135
  • AMFI ARN 0164, PMS INP000000258 and Research Analyst INH000000586
  • NSDL/CDSL: IN-DP-NSDL-23-9
  • NSDL/CDSL: IN-DP-NSDL-23-9
  • Kotak securities customer care no:18002099191/1800222299/18002099292

Product and Services

3 in 1 Accounthelp
Yes
Multiple Plans help
No
Monthly Plan help
No
Yearly Plan help
No
Portfolio help
Yes
Charting help
Yes
Automated Trading help
No
AMO Order help
Yes
Allow GTC Order help
Yes
SMS Alerts help
Yes
Margin Trade Funding help
No
Combined Ledger for Equity and Commodityhelp
No
NRI Trading help
Yes

Offering of Investments

Equity Cash and F&O help
Yes
Currency F&O help
Yes
Commodity Trading help
Yes
Mutual Funds help
Yes
ETF help
Yes
IPO Investment help
Yes
Bonds Investment help
Yes
Debt Investment help
Yes
Banking Service help
No
Insurance Service help
Yes
SIP Investment help
Yes

Trading Platforms & Tools

Desktop Platform (Windows) help
Yes
Desktop Platform (Mac) help
No
Web Platform help
Yes
Stock Alerts Delivery - Email help
Yes
Stock Alerts Delivery - Text SMS help
Yes
Virtual Trading help
No
Watch-lists, streaming real-time quotes help
Yes
Mobile Trading help
Yes
Android Tablet App help
Yes
Android App help
Yes
iPhone App help
Yes
iPad App help
Yes
Mobile Trading Site help
No

Customer Service

Phone Support help
Yes
Toll Free Number help
Yes
Email Support help
Yes
Branch Offices help
Yes
Live Chat (Current Clients) help
Yes
24/7 Support help
No

Research and Market Reports

Daily Market Report help
Yes
Free Tips help
Yes
Quarterly Results help
Yes
New Alerts help
Yes
Mutual Funds Research help
Yes
Research Equity Reports help
Yes
ETF Research help
Yes

Final thought about Kotak Securities

Kotak Securities earned a respectful position in share broker services through its fast trading platforms (KEAT Pro X, Xtralite, Fastlane), vast network of 1255 branches, franchisees and offices across India and abroad and dedicated research division. The services are endless but comes at a cost.There are lots of hidden charges and fees associated with the services. Customers usually have complaints about extra charges and fees.

Customer Care is another area where broker can improve and come out as a better broker.In terms of Brokerage, the Broker is quite open but brokerage is not so cheap. There is fixed and variable Brokerage plans available as per the type of trader you are.

If you like what you have read and want to choose Kotak Securities or any other broker, leave your contact information with us and we will guide you.

Compare Kotak Securities

Find out how Kotak Securities stacks up against other brokers

Tags:

Kotak securites, Kotak securities, kodak security, Kotak 3 in 1 account, Kotak demat, Kotak demat account, Kotak demat account charges, online Trading finance, Kotak group, Kotak life insurance, Kotak mahindra demat account, Kotak mahindra securities, Kotak sec, Kotak securities account activation, Kotak securities activate account, Kotak securities activate an account, Kotak securities branches, Kotak securities brokerage, Kotak securities brokerage charges, Kotak securities brokerage plans, Kotak securities charges, Kotak securities com, Kotak securities complaints, Kotak securities customer care, Kotak securities customer care no, Kotak securities customer care number, Kotak securities ltd, Kotak securities online, Kotak securities online login, Kotak securities online trading, Kotak securities review, Kotak securities trading, Kotak security, Kotak securties, Kotak stock trader, Kotak stock trader app, Kotak trading, Kotak trading account, Kotaksec, Kotaksecurites, Kotaksecurity, Kotak mobile stock trader, Kotak online trading, Kotak sec login, Kotak securities app, Kotak demat account login, Kotak demat login, Kotak securities demat account login, Kotak securities login, Kotak securities login page, Kotak securities login to trade, Kotak securities mobile app, Kotak securities online trading demo, Kotak securities online trading login, Kotak security login, Kotak security trade login, Kotak trade login, Kotak trading login, Kotaksecurities com login, Kotaksecurities com trade login, www kotak securities com, www kotak securities com login, www kotaksecurities, www kotaksecurities com, www kotaksecurities com customer service, www kotaksecurities com home, www kotaksecurities com login, www kotaksecurities com login to trade, Kotak Securities SEBI Turnover Charges, Kotak Securities service tax, Kotak Securities STT/CTT Charges, Kotak Securities transaction Charges, Kotak Securities Equity Currency Futures Trading Charges, Kotak Securities Equity Options Trading Charges, Kotak Securities Equity Futures Trading Charges, Kotak Securities Equity Delivery Trading Charges, Kotak Securities Equity Intraday Trading Charges, Kotak Securities plans, Kotak Securities Trading Charges, Kotak Securities demat AMC, Kotak Securities Faq, Kotak Securities Margin, Kotak Securities Brokerge Calculator, Kotak securities Brokerage calc, Kotak securities Brokerage Comparision Calculator, Kotak Securities Mutual Fund, Kotak Securities IPO Investment, Kotak Securities Mutual Funds, Kotak Securities Mutual Funds SIP

Kotak Securities Ltd User Reviews

avatar
7. pratibha chatne  Dec 11, 2017 9:46:10 AM IST Reply
These ppl are not transferring money properly from treading account to bank account and the money are not either in treading account or in bank for days thern they are saying that this is the governments order. the Service is very poor. if u are high value treader then avoid this ppl
avatar
6. RJ  Nov 2, 2017 2:33:20 PM IST Reply
Worst trading/investing experience. Horrible tips from dealer- like gambling, in which you lose money. Very high A/c opening charge Rs 750.
Misrepresentation of brokerage details. While opening a/c they tell client that it is 39 paise a trade ( which is actually for intra-day, not delivery) after initial deposit of 1 lac, so one thinks it is for all trades. Confusing for beginners. Also, contracts are in WinZip format which is not compatible with all browsers, so if physical copies are requested ,they should be free becafault lies from their end)
Delayed customer service responses.
Closed a/c after 2 months of operation, & frustration.
avatar
5. RJ  Nov 2, 2017 1:57:46 PM IST Reply
Horrible staff. Had a dealer who made me gamble with wrong tip, & lose money . Also called at 9pm to advise me not to buy stocks directly from platform but through her. Also, their contract notes are in WINZIP format which is not compatible with Apple Safari browser-Macbook , so Kotak So basically one should buy an Internet Explorer laptop/computer-sic) Just DID NOT know any mail being sent becaI couldn''''t open the files. DISTURBING !!
Also, Kotak tips) offering of Kotak''''s which one is given at the time of opening the a/c.
Overall extremely high prices & thoroughly HORRIBLE experience.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Average
Overall Experience - Very Poor
avatar
4. hema  Apr 28, 2017 7:03:26 PM IST Reply
Donot open offline account in KOTAK Securities, they are traded more inintraday and delivery on behalf of you to generate there brokerage totally they are focus on there target revenue, there agent research is very worst,
In total it is a bad deal.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
3. ROHIT  Jun 20, 2016 5:26:47 PM IST Reply
Worst n MOst EXPENSIVE BROKER.
on RS 135000 EQUITY DELIVERY I PAID RS. 500 BROKERAGE n other CHARGES on one side n the same amount on selling.
In FUTURES. RS. 200 n in option RS. 150
Never ever open account in KOTAK.
avatar
2. Rohit Kumar  Apr 3, 2016 5:44:44 AM IST Reply
Does Kotak Securities provide any margin facility? If yes how much interest they charge?
avatar
1. Vijay  Mar 4, 2016 1:50:35 AM IST Reply
Can is get margin against share with Kotak?

Enquire Kotak Securities Trading Account:

Name:Phone:
Email:City:
State:
Are you a day trader?

Guaranteed Save 60% to 90% Brokerage + Taxes

ProStocks, The Flat Rate Discount Stock Broker

Paperless account opening*


Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Currency Derivatives

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
*Except PoA and Nomination form

Get FREE Trading + Demat Acct

Zerodha  Zerodha

e-Aadhar base account opening

Free Delivery trading

Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity

zerodha

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

sharekhan

angel-broking  Angel Broking

Free Equity Delivery Trades
Flat 20% discount on online transaction

angel-broking



Sub brokers by name

Hyderabad Rajkot Chennai Jaipur

Sub brokers by name

Indore Lucknow Nagpur Ludhiana

Sub brokers by name

Allahabad Kanpur Patna Ernakulam



Search topsharebrokers.com:

Translate topsharebrokers.com: