Year of incorporation: 1994
Type: Full service broker
No. of clients:
As the name suggests, the Fixed account has a simple and straightforward brokerage fee structure. Here’s a look:
|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:
Cash Delivery: Brokerage Details
|Slabs||Brokerage Applicable(Both Side)|
|1 – 5 lakh||0.55%|
|5 – 10 lakh||0.50%|
|10 – 25 lakh||0.45%|
|25 – 50 lakh||0.35%|
Cash Intraday: Brokerage Details
|Slabs||Brokerage Application(Both Side)|
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|
Plan details & Charges:
|Particulars||PLAN A||PLAN B||PLAN C||PLAN D|
|+ 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|
|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|
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:
Minimum balance requirement: Rs. 1000 for trading account
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