Saturday, November 26, 2022

Kotak Securities

Kotak Securities is a full service broker. It is a subsidiary of Kotak Mahindra Bank. Kotak Securities distribute financial products and services across the country.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity     

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

KEAT Pro X

Kotak Stock Trader

Kotak Securities Web Portal

 

Charges

Account Opening Charges – Free

Account Maintenance Charges – ₹600

Plan Charges – ₹499

Call and Trade – ₹50

Brokerage Charges

Equity Delivery  – 0.25%

Equity Intraday – Zero

Equity Futures – ₹20

Equity Options – ₹20

Currency Futures – ₹20

Currency Options – ₹20

Commodity Futures – ₹20

Commodity Options – ₹20

Margins

Equity Delivery  – 2x

Equity Intraday – 2x

Equity Futures – 2x

Equity Options – 1x/50x

Currency Futures – 2x

Currency Options – 1x/50x

Commodity Futures – 2x

Commodity Options – 2x

Pros

  • Kotak Securities provides vide range of products to their consumers.
  • Kotak Securities provides daily alerts, market pointers, research reports, stock recommendations, etc. to the customers.
  • PMS services & foreign investment options are also available.
  • NRI Services are also available with Kotak Securities.

Cons

  • Call and Trade charges are very High as compare to peers and depends on the frequency of trade.
  • Minimum account balance deposit is mandatory after account opening.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance