Brokerage Charges, Margin, Trading & Demat Account (2024)

Pros

Advantages and Strengths of this broker.

1. Kotak Securities provides a wide range of investment options from equity to debt instruments, mutual funds, derivatives etc.
2. Provides daily alerts, market pointers, research reports, stock recommendations, etc. to the customers.
3. You can make international investments like investing in US stocks etc.
4. NRIs can also open an account with Kotak Securities.
5. Call and email support is available for solving the customer’s queries.

Cons

Disadvantages of this broker that it needs to improve upon.

1. Call & Trade charges vary depending on the frequency of investing.
2. In the online process, it supports accounts only with scheduled banks.
3. The offline account opening process is time-consuming and cumbersome.
4. It has comparatively higher equity delivery charges.

Charges

(3)

Usability

(2.8)

Customer Service

(3.5)

Verdict

Being an extended arm of Kotak Mahindra Bank operating as its subsidiary, Kotak Securitiesenjoys a reputation and trust among traders and investors. Itcomes with a dedicated relationship manager for their customers to enhance customer support services.Further, if you don’t want to engage in stock market trading actively, then you can use additional services offered by themsuch as Portfolio Management Services.

If you are a trader, the broker provides you with

• Separate research section for issuing calls on intra-day and short-term trading,

• A separate section for Derivative market updates on their website which includes put-call ratio, most active contracts traded, calls & puts having the highest premium etc.,

• Get the benefit of zero brokerage across all the segments in intraday positions,

• Trading platforms are easy to navigate and user-friendly,

• Avail of benefit from various trading tools to make informed trading decisions.

If you are an investor, the broker providesyou with

• ‘Knowledge Bank’ that provides information relevant to both beginners and traders,

• A single platform for investing in multiple assets like SGBs, derivatives, equities, debt instruments etc.,

• Get recommendations on stocks and mutual funds,

• Get free research reports,

• No transaction charges for mutual fund investments.

Trading Tools

Kotak Securities comes with some of the most exciting and useful trading tools to ensure that userstrade seamlessly. The following are some trading tools and their features:

KEAT Pro X

KEAT Pro X is a free installable web-based platform with auser-friendly interface for traders. It is compatible with low-speed internet as well and works on both desktops and laptops. An active trader can use this for order placing at multiple exchanges by using shortcut keys. It also provides stock recommendations by experts and comes with charting tools, technical indicators, and historical data which help the traders in better decision-making. The followingare the features of KEAT ProX:

• It is simple, free, and high-speed that allows live tracking of markets and investments on a real-time basis,

• Obtain stock recommendations from expert research analyst,

• Benefit from charting tools for past and future projected performance,

• Create your personalized watchlist to track the stocks. In each watchlist, you can add up to 100 stocks.

Kotak Stock Trader

Kotak Stock Trader is a mobile trading app that even Guest Users (who don't have an account in Kotak Securities) can download. Customers can monitor the markets and get live quotes with chart tracking. It provides margin details, available fund details & limits, notifications, and alerts setting, and also, pledging of shares can be done with the help of this application. The followingare the features it provides:

• You can seamlessly place orders for equity, and derivatives through the platform,

• Login using the face ID or fingerprint that acts as a great security feature,

• Basket order feature to invest in multiple stocks and contracts in one go.

Kotak Securities website

This is the foremost and primary trading platform of Kotak Securities. Login to the website to trade as well as access a gamut of other trading services provided by it.

• It allows trading across multiple exchanges from a single platform including NSE, BSE, MCX, etc.,

• Get access to daily trading and investment ideas from the website,

• Get access to information about the market with the course on the e-learn market available on the website,

• You can easily switch platforms for different investments like bonds, ETFs, mutual funds, etc.

Kotak Neo

Kotak Neo is a brand-new trading platform by Kotak Securities. Its mobile app is available on both iOS and Android. Customers can access it on laptops/PCs via its official website. Itaims to make investment and trading seamless by employing the best technology and customer-centric prowess. Brimming with potential, Kotak Securities is consistently incorporating more services in this app to create a holistic financial ecosystem. Some of its features are:

• Zero Brokerage on Intraday Trades,

• Stock Recommendations curated by Kotak’s Research Team,

• UI/UX focusing on minimalism and utility,

• Option to create a customized watchlist,

• Advanced Charts for Trading andLive News,

• Options for Commodity Trading.

Charges Details

For Equity

For Commodity

For Currency

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