Kotak Securities Review

Charges, Trading Platforms, Demat Account, Offers & more

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Stocks and IPO

Stocks and IPO

Futures & Options

Futures & Options

Mutual Funds & ETF

Mutual Funds & ETF

Currency & Commodity

Currency & Commodity

StockCase

StockCase

Global Investing

Global Investing

Check out Kotak Securities Review here

Kotak Securities is a subsidiary of India’s leading private-sector bank Kotak Mahindra.

The brokerage house has performed well for the last 30 years regarding trading and investment. In addition, Kotak Securities reflects positive reviews with daily based 8 Lakh trades.

The Mumbai-based firm has a nationwide presence with 1500+ branches. Kotak Securities charges zero for account opening for youths under 30. However, the charge is Rs.99 if you are above 30.

Broker Type Discount Broker
Active Clients 10 Lakh+
Account Opening Charges Free
AMC Free
Delivery Charges 0.25% or Rs.20 (whichever is higher)
Intraday Charges Free

Kotak Securities - Company Overview

Company Type

Private

Headquarters

Mumbai

Founder

Jaideep Hansraj

Establishment Year

1994

Why Trade or Invest with Kotak Securities?

First, Kotak Mahindra Bank, the leading financial group, supports and funds the brokerage house. Thus, customers get confidence, and the company provides security with stability.

Second, technical advancement is the key. Kotak Securities has a technical team of 150 professionals for daily trade.

Thirdly, research-based support added value to traders. No matter whether you are a small or large investor, lowering your risk is their primary goal.

Fourthly, the brokerage price is competitive enough. Moreover, the oldest brokerage house, Kotak Securities, offers a free account to those under 30 clients. In some segments, like F&O and stock delivery, they charge zero.

Kotak Securities Brokerage Charges

Brokerage Plan

Trade Free Plan

Subscription Charges

Zero

Equity Delivery

0.25% or Rs.20 (whichever is higher)

Equity Intraday

Free

Equity Future

Rs.20 per Trade

Equity Option

Rs.20 per Trade

Commodity Future

Rs.20 per Trade

Commodity Option

Rs.20 per Trade

Currency Future

Rs.20 per Trade

Currency Option

Rs.20 per Trade

What is a Demat Account?

A Demat account, short for Dematerialized account, is used to hold financial securities like stocks, bonds, mutual funds, etc., in electronic form. When you buy shares, they are credited to your Demat account in your name, eliminating the need for physical certificates. You can monitor the holdings in your Demat account and buy or sell securities through it when needed. Having a Demat account is essential for trading in most stock exchanges today. Leading institutions offering Demat services include NSDL, CDSL, banks, and brokers.

How to Open a Demat Account?

You can open a Demat account in just a few steps. It takes just a few minutes to open it from your smartphone or computer.

  • Go to the Kotak Securities website and click on open Demat account.
  • On your smartphone, download the Kotak Securities app and register with your mobile number & email ID.
  • Upload your Aadhaar card and PAN card.
  • Complete E-KYC verification & nominee details.
  • Upon successful verification, receive a welcome letter from Kotak Securities.

Documents Required to Open Demat Account

  • PAN Card
  • Aadhaar Card
  • Identity Proof (Passport, Voter ID, or Driving License)
  • Address Proof (e.g., electricity bill, bank statement)
  • Bank account details
  • Income proof

Why Open a Demat Account with Kotak Securities?

Opening a Demat account with Kotak Securities enhances the way you trade in the share market, offering various trading features and opportunities. Here’s why you should consider it:

Multiple Platforms for Your Trade

Kotak Securities provides access to trading via browser, desktop, mobile apps, and the start investing platform. Choose a platform that suits your needs and track live stock market movements in real-time.

Research Reports

Receive in-depth research reports, recommendations, and analyses on stocks, sectors, and the overall market from Kotak's expert research team. Trade across equities, derivatives, mutual funds, IPOs, bonds, and ETFs with daily updates and insights from Kotak Securities.

Margin Trading

Access trading facilities for futures & options and equity delivery segments. Take advantage of capital borrowing at competitive interest rates from Kotak Securities.

Trading Tools

Now get advanced charting, technical analysis, risk management tools, and a live market depth view. Learn complex strategies to improve your trading skills in the stock market.

Customer Support

Dedicated customer support is available over the phone, email, and chat to help resolve queries. Get customer-oriented assistance from Kotak Securities.

Why do you need to Open a Demat account with Kotak Securities?

Opening your Demat account with Kotak Securities opens lots of opportunities & enhances the way you trade in the share market. With Kotak Securities, you can take advantage of different trading features some of them are as follows:

Multiple Platforms for Your Trade

Kotak Securities provides access to trading through browsers, desktops, mobile apps, and start investing platforms to suit different investor requirements. Depending on the requirement, you can choose the platform & track live moments of the stock market.

Research Reports

You get detailed research reports, recommendations, and analysis on stocks, sectors, and the overall market from its expert research team. Get daily updates, insights, and much more from Kotak Securities. You can trade equity, derivatives, mutual funds, IPOs, bonds, and ETFs among other instruments.

Margin Trading

Complete facility available for trading in futures & options and equity delivery segments by borrowing capital from Kotak Securities at competitive interest rates.

Trading Tools

Now get advanced charting, technical analysis, risk management tools, and a live market depth view for your trade. Learn complex strategies to improve your trading skills in the stock market.

Customer Support

Dedicated customer service support is available over the phone, email, and chat to help resolve queries. Get customer-oriented support from Kotak Securities.

Investing Opportunities in Stock Market

When you start trading in the share market, you get multiple options for your investments. Some of the market opportunities you can capture after owning a Demat account are as follows:

Stocks Investment

Invest in individual company stocks for potential dividend returns and capital appreciation if the stock price rises. Carefully research and select stocks with strong fundamentals & technical analysis.

IPOs Investment

Invest in new public company shares offered through Initial Public Offerings. Get alerts & all information about upcoming, recent & closed IPOs. Research the company carefully before making any decisions.

Mutual Funds or SIP

You can explore & invest in professionally managed mutual funds that pool money and invest in a diverse basket of stocks or bonds. It provides easy diversification and low investment options such as Rs. 100 to start your monthly SIP.

ETFs Investment

Exchange-traded funds track are indicators that mimic indexes such as Nifty or Sensex. It is a passively managed, diversified, and low-cost option for your investment.

Charges Associated with Demat Account

Some of the charges for the Demat account are maintenance charges, transaction charges, taxes, etc. Before opening a Demat account, you need to check the charges of your Demat account.

Account Opening Charges

It is a one-time fee charged for opening a new Demat account, usually broker charges around Rs. 300-500. However, some brokers do offer free Demat account openings.

Annual Maintenance Charges

The annual maintenance fee of your Demat account lies around Rs. 300-500 per year. This charge is for maintaining the operations of your Demat account.

Transaction Charges

It is a fee levied per transaction when buying/selling securities. Depending on your broker, the ranges start at 0.03-0.05% of transaction value, or Rs 10-25 per transaction.

Other Charges

Other charges include an optional fee per SMS alert for trade confirmation, debit/credits, etc. This charge ranges from Rs 5-15 per SMS alert.

Benefits of Demat Account

Online Demat accounts have created a safe & sound environment for trading online. You can simply explore different advantages of Demat Account.

Convenient & Secure

Your holdings are stored electronically, eliminating paperwork & physical storage problems. Get convenient and secure trading solutions than physical share certificates.

Seamless Trading

It simply enables you to do seamless buying and selling of securities on stock exchanges, which is not possible with physical share trading.

Easy Tracking

Easy to track holdings & monitor them online through the Demat account. It also provides up-to-date valuations of your investments.

Automatic Settlement

You also get an electronic settlement of trades that removes delays. Holdings are automatically credited or debited on transactions.

Better Tax Optimization

For long-term investments, Demat accounts provide better tax optimization as the holding period can be easily tracked.

Wall of Trust

You deserve nothing but the finest for your investments. We believe in quality first and a technology-led approach that makes us a reputable choice for investment advisors across the industry.

0

Years

0

Customers

0

Branches

0

Franchises

0

Cities

0

Accredited

Types of Kotak Securities App, Trading Platforms & Tools


Web Trading Platform

Kotak Securities Web Trading Link

Trading Terminal

Available

Algo Trading Platform

NA

Foreign Stocks Trading Platform

NA

Basket Trading Platform

Available

Mutual Fund Investment Platform

Available

Digital Gold Investment Platform

NA

Bonds Investment Platform

NA

Kotak Securities App and Online Trading Platforms

Transfer your device to an online trading field. The trading platforms are available as follows:

  • Mobile App in Android and Apple Store.
  • A web page or desktop version is available for trading.
  • Trading terminals help to manage risk.
  • Kotak Trade API for personalized trading experience.
  • KEAT Pro X is a downloadable trading software of Kotak — it offers real-time market data and advanced charting.

Kotak Securities App, Trading Platforms & Tools - Features

Wishlist

Yes

Real Time Updates

Yes

Portfolio Details

Yes

Online MF Buy

Yes

Research Reports

Yes

Global Indices

Yes

Customised Recommendations

Yes

Stock Tips

Yes

Interactive Charts

Yes

Live Market

Yes

Multi Profile Management

No

Robust & Secure Platform

Yes

If you want to look at Kotak Securities reviews, you can check that the satisfaction is unlimited. Customers hardly raise complaints to regulators. Kotak securities’ trading platforms of webpage, software, and Apps provide a wide range of support with tolls and unique features. So, more than 10 lakh active clients enjoy a hassle-free trading experience with the help of some stunning features. The App has 3.5 ratings in the marketplace with lakhs of downloads. Here are some details about various platforms.

Kotak Securities App

Kotak Securities Apps (known as Kotak Stock Trading or KST) of Apple and Android stores transform your tablet or mobile into a potential trade platform.

You can carry it anywhere; start trading everywhere. So, some potential features are as below—

  • Access a pre-defined watchlist to make productive decision
  • Get the latest derivative calls and fundamentals from the research team
  • Smart search option, advance charts, and secure payments without a glitch
  • Bird’s eye view of the market anytime, including live telecast
  • Instant trade reports and charting tools.
  • Fingerprint or Face login

Kotak Securities Web Trading Platform

Kodak securities desktop world is extraordinary with unique features. Moreover, the attractive dashboard has diversified products. You can check many stunning features below—

  • Control your equity, bonds, mutual funds, and currency with a single click
  • Designed for better speed
  • Adapted with desktop to mobile
  • Get a more secure experience
  • Advanced portfolio tracker a real-time positions

Kotak Securities Neo API

Whether you are a developer or just a trader, build your personalized trading platform with Kotak Neo API— yes, you need zero knowledge about tech to develop it.

  • Experience 10 orders every second without hassle
  • Live positions
  • Market recommendations
  • Real-time market data and tracking order
  • Better facility for portfolio management
  • Can customize watchlist (Unlimited watchlist, Pre-set watchlist, Portfolio watchlist)

KEAT ProX

It is additional software to make your trading experience more intelligent and faster. You can download it from Kotak’s web link. The software has some benefits —

  • Live streaming and analysis of data
  • Customizable watchlist as per requirement
  • High-speed operation
  • Execute all financial products
  • Order execution to P&L info under one tab

Kotak Securities Xtralite

If you are residing or making a tour in a remote area with poor internet access, Xtralite helps you to overcome the situation this way —

  • Get minimum access to essential information to trade
  • Work on slow internet
  • Helpful in emergencies

Kotak Securities Fastlane

If you are fed up with a slow computer or laptop system — Fastlane helps you out.

  • No need to install or download
  • Get all essential supports and information to run tradings

Thus, regular updates, multiple channels, and a strong customer support base are the major reasons for the brokerage firm to get stunning customer reviews.

Kotak Securities App, Trading Platforms & Tools - Features

Free Account Opening

No

Free AMC

No

Free Brokerage

Limited

Flat Brokerage

Limited

Flexible Brokerage Plans

Yes

Happy Trading Hours

No

Free Delivery Trading

No

Free Intraday Trading

Yes

Free F&O Trading

No

Free Research Reports

Yes

Free Trading Calls

Yes

Referral Offers

10% + Upto Rs.500 per Client

Margin Funding / Pledging

Yes

Brokerage Cashback

No

Zero Brokerage for Loss Making Trades

No

  • Kotak Securities, the winner of the best broker by Finance Asia Country Awards in 2019, has diversified financial products.
  • Moreover, Kotak Securities offers various account types like:
    • Trinity accounts
    • NRI accounts
    • 3-in-1 account
    • Private Client Groups
  • It offers the following investment options:
    • Mutual Funds
    • F&O
    • ETF
    • Equity
    • Sovereign Gold Bonds
  • Trade-free youth accounts provide free account opening and intraday trading with a 1-year subscription of Rs. 299.
  • Trade-free plans charge Rs. 99 for account opening and Rs. 20 for each completed order.

Kotak Securities App

Kotak Securities Apps (known as Kotak Stock Trading or KST) of Apple and Android stores transform your tablet or mobile into a potential trade platform.

You can carry it anywhere; start trading everywhere. So, some potential features are as below—

  • Access a pre-defined watchlist to make productive decisions
  • Get the latest derivative calls and fundamentals from the research team
  • Smart search option, advance charts, and secure payments without a glitch
  • Bird’s eye view of the market anytime, including live telecast
  • Instant trade reports and charting tools
  • Fingerprint or Face login

Kotak Securities Web Trading Platform

Kotak Securities' desktop world is extraordinary with unique features. Moreover, the attractive dashboard has diversified products. You can check many stunning features below—

  • Control your equity, bonds, mutual funds, and currency with a single click
  • Designed for better speed
  • Adapted with desktop to mobile
  • Get a more secure experience
  • Advanced portfolio tracker and real-time positions

Kotak Securities Neo API

Whether you are a developer or just a trader, build your personalized trading platform with Kotak Neo API— yes, you need zero knowledge about tech to develop it.

  • Experience 10 orders every second without hassle
  • Live positions
  • Market recommendations
  • Real-time market data and tracking order
  • Better facility for portfolio management
  • Can customize watchlist (Unlimited watchlist, Pre-set watchlist, Portfolio watchlist)

KEAT ProX

It is additional software to make your trading experience more intelligent and faster. You can download it from Kotak’s web link. The software has some benefits —

  • Live streaming and analysis of data
  • Customizable watchlist as per requirement
  • High-speed operation
  • Execute all financial products
  • Order execution to P&L info under one tab

Kotak Securities Xtralite

If you are residing or making a tour in a remote area with poor internet access, Xtralite helps you to overcome the situation this way —

  • Get minimum access to essential information to trade
  • Work on slow internet
  • Helpful in emergencies

Kotak Securities Fastlane

If you are fed up with a slow computer or laptop system — Fastlane helps you out.

  • No need to install or download
  • Get all essential supports and information to run trading

Thus, regular updates, multiple channels, and a strong customer support base are the major reasons for the brokerage firm to get stunning customer reviews.

Kotak Securities SWOT Analysis

Check out the SWOT Analysis of Kotak Securities below, which can help if you are looking to invest or trade with them:

Strengths

  • The parent company is India’s leading banking service provider
  • Strong offline presence with 1500+ branches
  • Powerful tech support with a team of 150 experts
  • Cash-rich company with other strong financials
  • Diversified product portfolio and essential stock recommendations

Weaknesses

  • Limited global presence
  • Higher brokerage fees compared to some rivals
  • Volatile market and high operating costs

Opportunities

  • India’s expanding capital markets
  • Technological adoption for better trading solutions
  • Potential expansion into investment banking and wealth management

Threats

  • Highly competitive market with multiple new players
  • Regulatory body’s changing norms
  • Lack of innovation in certain areas

Kotak Securities Review - Products Offered

Equity Delivery

Yes

Equity Intraday

Yes

Equity Option

Yes

Equity Future

Yes

Commodity Option

Yes

Commodity Future

Yes

Currency Option

Yes

Currency Future

Yes

Foreign Stocks

No

Mutual Funds

Yes

Banking

Yes

Insurance

Yes

Corporate Bonds

Yes

Govt. Bonds

Yes

Digital Gold

No

Kotak Securities Review - Services Provided

Demat Services

Yes

Trading Services

Yes

Intraday Services

Yes

F&O Services

Yes

IPO Services

Yes

3 in 1 Account

Yes

Stock Research

Yes

Stock Recommendations

Yes

Trading Institution

No

Share Pledging

Yes

PMS or PCG

Yes

NRI Services

Yes

Kotak Securities Research & Advisory

Fundamental Reports

Yes

Research Reports

Yes

Company Reports

Yes

Annual Reports

Yes

IPO Reports

Yes

Technical Reports

Yes

Stock Tips

Yes

Daily Top Stock Picks

Yes

Daily Market Review

Yes

Monthly Review

Yes

Weekly Review

Yes

Relationship Manager

Yes

Robo Advisory

No

Boost Your Trading Confidence with Kotak Securities

Kotak has the robust support of the research team to boost the traders’ confidence.

Automated Tools/API:

Traders get equity research reports online and via email — automated tools, equity scanners, neo trader API, and market charts assist traders.

Market Insights:

They provide Forex insights with depth research & currency derivatives-related reports.

Recommendations and Updates:

You will get daily reports of trading recommendations. Moreover, the reports include buy or sell recommendations directly.

Kotak Securities Margin, Exposure, and Leverage

Equity Delivery
1x
Equity Intraday
Upto 5x (Depends on Stocks)
Equity F&O Carry Forward
1x
Equity F&O Intraday
1.3x
Commodity F&O Carry Forward
1x
Commodity F&O Intraday
1.3x
Currency F&O
1x

Kotak Securities Margin and Charges

Kotak Securities margin is fixed by the plan you choose. As we discussed, under 30 traders have more free opportunities.

Trader Benefits:

However, the rest of the investors also have lucrative opportunities due to the lower margin of the house.

Charges and Benefits:

  • Zero brokerage charges for all intraday trades.
  • 0.28% interest for daily based MTF transactions.
  • 20% is deducted for the successful completion of currency trading and F&O trading.
  • A 0.25% transaction charge is applicable for each equity delivery.
  • For orders made by dealers or the internal authorities of Kotak, an additional charge of Rs.89 is applicable.

Kotak Securities Review - Programs

Sub Broker Program

Sub Broker Program

Yes

Partner Program

Partner Program

Yes

Referral Program

Referral Program

Yes

Kotak Securities Review & Rating by Investornetwork.in

Overall Rating

9.39 / 10

Customer Support

9.35 / 10

Technology

9.50 / 10

Charges

9.42 / 10

Products & Service

9.33 / 10

Experience

9.31 / 10

Kotak Securities Customer Support

Trading Support

Available, Chargeable

Dedicated Dealer

Available, Chargeable

Call Support

1800-209-9393

Email Support

ks.escalation@kotak.com

Whatsapp Support

7738988888

Website Support

Website Link

Facebook Support

Facebook Support Link

Twitter Support

Twitter Support Link

Telegram Support

Telegram Support Link

Branches / Offices

Available

Kotak Securities customer care has a channel to support traders. The client-based business supports email, chat, social media, and calls. Moreover, you can visit the branch for the best face-to-face experience. Relationship managers across 1,500 branches are waiting for you. If you want to talk, dial 1800 209 9191, or you can write an email to kscustomer.communications@kotak.com. They also have WhatsApp chat support at 77389 88888; say ‘Hi’ to start a conversation.

Kotak Securities Complaints & Feedback

Total Complaints Lodged

437

Total Complaints Resolved

366

of Resolved Complaints

83.75%

Non Actionable Complaints

21

of Non Actionable Complaints

4.81%

Being an established and reputed financial house, Kotak has less than a fraction of complaints in SEBI, NSE, and BSE. However, Kotak Securities also encourages filing complaints if it remains unsolved by the broking house.

In the BSE market, only 25 traders filed complaints out of 2,43,331 clients in FY23; the exchange bodies solved 23. So, the accuracy level is more than 99%. The company has the same reputation in NSE in the same financial year. Only 605 complaints were registered there out of a solid client base of 9,23,785; the exchange body solved 549.

Kotak Securities Charges

Understanding the charges of Kotak Securities is essential to make a prudent investment decision. If you are under 30 as an investor, you have comprehensive free services from the firm. The brokerage house always wants to encourage youths to invest.

Take a look at various prices, including the free offers:

  • Kotak Securities Account Opening Charge is free under 30, but after that, the charge is Rs.99
  • Intraday trading is free. However, the Trade Free Max plan charges Rs.20 for the execution of each order.
  • There is no AMC of net holding value Rs.10,000. But above Rs.10,000, a fee of Rs.65 applies to up to 10 monthly debit transactions.
  • The pledge charge is 0.05% of the value of securities.
  • For Invocations of Pledge, the charge is 0.04% of the value of securities.
  • 20 is applicable Forward F&O of clients above 30. However, it’s free for those under 30.

It is good to observe the fee structure carefully. However, the company is popular for its ethical practices. So, Kotak Securities has no hidden charges to manipulate traders with a distorted fee structure.

Kotak Securities Complaints & Feedback

Being an established and reputed financial house, Kotak has less than a fraction of complaints in SEBI, NSE, and BSE.

However, Kotak Securities also encourages filing complaints if it remains unsolved by the broking house.

In the BSE market, only 25 traders file complaints out of 2,43,331 clients in FY23; the exchange bodies solve 23. So, the accuracy level is more than 99%.

The company has the same reputation in NSE in the same financial year. Only 605 complaints were registered there out of a solid client base of 9,23,785; the exchange body solved 549.

Kotak Securities Charges

Understanding the charges of Kotak Securities is essential to make a prudent investment decision.

If you are under 30 as an investor, you have comprehensive free services from the firm. The brokerage house always wants to encourage youths to invest.

Take a look at various prices, including the free offers:

  • Kotak Securities Account Opening Charge is free under 30, but after that, the charge is Rs.99
  • Intraday trading is free. However, the Trade Free Max plan charges Rs.20 for the execution of each order.
  • There is no AMC of net holding value Rs.10,000. But above Rs.10,000, a fee of Rs.65 applies to up to 10 monthly debit transactions.
  • The pledge charge is 0.05% of the value of securities.
  • For Invocations of Pledge, the charge is 0.04% of the value of securities.
  • 20 is applicable Forward F&O of clients above 30. However, it’s free for those under 30.

It is good to observe the fee structure carefully. However, the company is popular for its ethical practices.

So, Kotak Securities has no hidden charges to manipulate traders with a distorted fee structure.

Open Free Demat Account

Frequently Asked Questions (FAQs) - Kotak Securities

Yes, it is Safe. Kotak Security is backed and supported by India’s leading private-sector bank Kotak Mahindra. The firm has been serving customers since 1994. Moreover, it has a rigid physical presence with 1500+ branches nationwide.

Yes, beginners can start with some product videos of the brokerage firm. They can also check other constructive instructions from the advisor of the security firm.

Kotak securities have 10 Lakh active clients with daily-based 8 Lakh transactions. The firm has served 33 Lakh traders since its inception.

Uday Kotak started the parent company in 1994. Mr. Jaideep Hansraj is the current CEO and MD. During the early days, Kotak Capital Management Finance (KCMF) operates the brokerage firm.

Some brokerage firms provide customer awareness and free delivery trading. As it is not very clear from the available information, you can visit a branch or call the company personnel for a coherent answer.

Intraday trading is free in Kotak securities for both plans, ‘Trade Free Youth’ and ‘Trade Free Plan.’ ‘Trade Free Max’ comes with a plan of Rs.20 after the completion of each order.

Under the ‘Trade Free Youth’ plan, forward F&O is free, but if investors are above 30 and join the ‘Trade Free Plan,’ they have to pay Rs.20 for each order.

For commodity Futures & Options delivery, the charge is 0.25%. Kotak charges zero brokerage for F&O intraday transactions.

If you choose the ‘Trade Free Plan,’ currency trading is FREE. Moreover, you can trade unlimited currency contracts free of cost.

Yes, Kotak Securities provides research-based reports, stock recommendations, and tips to support traders. They provide in-depth analysis of microeconomic functions, derivatives trading, and more.

Kotak Securities has a strong customer support team for instant solutions. Traders can dial 1800 209 9191. In addition, traders can chat on WhatsApp number 77389 88888, or they can email kscustomer.communications@kotak.com.