Kotak Securities Ltd Broker Review and Discussion

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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
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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.
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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
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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
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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.
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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?
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1. Vijay  Mar 4, 2016 1:50:35 AM IST Reply
Can is get margin against share with Kotak?

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