KOTAK SEC

 Year of incorporation: 1994

Type: Full service broker

Complaints:

No. of clients:

Brokerage charges:

As the name suggests, the Fixed account has a simple and straightforward brokerage fee structure. Here’s a look:

BROKERAGE STRUCTURE
Delivery 0.49%
Square off (Both Sides) 0.049%
Futures (Both Sides) 0.049%
Options Rs 300 Per Lot
Minimum Brokerage 4 paise for delivery and 3 paise for Intraday and Futures orders

Dynamic brokerage plan:

Brokerage Details:

Cash Delivery: Brokerage Details

Slabs Brokerage Applicable(Both Side)
< 1lakh 0.59%
1 – 5 lakh 0.55%
5 – 10 lakh 0.50%
10 – 25 lakh 0.45%
25 – 50 lakh 0.35%
>50 lakh 0.30%

Cash Intraday: Brokerage Details

Slabs Brokerage Application(Both Side)
< 25lakh 0.06%
> 25lakh 0.05%

Futures: Brokerage Details

Slabs Brokerage Application(Both Side) Brokerage Application(Both Side)
< 2 crore 0.07% 0.09%
> 2 crore 0.05% 0.073%

Options: Brokerage applicable both sides

Monthly Premium Volume Intraday Brokerage Settlement brokerages Minimum Brokerage Per Lot (Intraday)
Upto 4 lakh 2.5% 2.5% Rs 300
4-11 lakh 2.25% 2.5% Rs 240
>11 lakh 1.8% 2.3% Rs 180

Advance Brokerage

Plan details & Charges:

Particulars PLAN A PLAN B PLAN C PLAN D
Advance Fees Rs.5000 Rs.10,000 Rs.50,000 Rs.2,00,000
+ Service Tax ( As applicable) ( As applicable) ( As applicable) ( As applicable)
Total Cheque Amount Rs.5000 + ST Rs.10,000 + ST Rs.50,000 + ST Rs.2,00,000 + ST
Validity 12 Months 12 Months 12 Months 12 Months
BROKERAGE DETAILS
Delivery’ 0.39% 0.29% 0.19% 0.12%
Cash Intra-Day’ 0.040% 0.035% 0.030% 0.015%
Futures’ 0.040% 0.035% 0.030% 0.015%
Options’ Rs 225/- per lot Rs 225/- per lot Rs 150/- per lot Rs 150/- per lot
Currency Futures (Each Leg) 0.024% or Rs. 12 per lot whichever is higher 0.020% or Rs. 10 per lot whichever is higher 0.016% or Rs. 8 per lot whichever is higher 0.016% or Rs. 8 per lot whichever is higher
Currency Options (Each Leg) Rs.12 Rs.10 Rs.8 Rs.8

Minimum Brokerage:

Cash Delivery: 0.04 P (per share) Or Rs.21/- per executed order, whichever is higher.

Intraday: Rs.0.03 P (per share) Or Rs.21/- per executed order, whichever is higher. Equity Futures: 0.03 P (per share) subject to ceiling of 2.5% of contract value.

 Trading account opening charges: Rs. 750

Demat account opening charges: nil

Account closure charges: nil

Trading Annual Maintenance Charges (AMC): nil

Demat Annual Maintenance Charges (AMC): Rs. 50 per month or 600 per year

No maintenance fees will be charged on demat accounts if there are no transactions and no securities in the account for the respective year.

Special service charges:

RESEARCH REPORTS MONTHLY ANNUALLY
Fundamental Rs.50 Rs.500
Technical Rs.50 Rs.500
Both Rs.75 Rs.750

Minimum balance requirement:  Rs. 1000 for trading account

Other charges:

Call & Trade facility free for first 20 calls. From the 21st call, you pay Rs. 20 per call.

After market hours:

4.15 p.m. to 9.30 p.m.

10.30 p.m. to 7.30 a.m.

8.30 a.m. to 9.00 a.m.

Software: KEAT Pro X

App: Kotak stock trader