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
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Kotak Securities provides vide range of products to their consumers.
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Kotak Securities provides daily alerts, market pointers, research reports, stock recommendations, etc. to the customers.
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PMS services & foreign investment options are also available.
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NRI Services are also available with Kotak Securities.
Cons
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Call and Trade charges are very High as compare to peers and depends on the frequency of trade.
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Minimum account balance deposit is mandatory after account opening.