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- Trade Free Plan is a simplified brokerage plan offered by Kotak Securities. Here's what you get with this plan: Free Intraday Trades You can enjoy zero brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity.
www.kotaksecurities.com/pricing/trade-free-plan/
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Trade Free Plan is a simplified brokerage plan offered by Kotak Securities. Here's what you get with this plan: Free Intraday Trades; You can enjoy zero brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity. Equity Delivery Trades
- No brokerage is charged for intraday trades for which you provide at least the exchange-prescribed margins. However, in order to adhere to statutor...
- Not at all. The choice to square off the trade is at your discretion. You can convert the order from intraday to delivery (Cash segment) or carry-f...
- New customer during account opening needs to pay a one-time subscription fee of Rs.99+GST. Existing customers to pay One time subscription fee of R...
- This is a one-time subscription plan. It will remain valid until the plan is discontinued or you choose to switch to a different plan.
- No, there are NO renewal fees for this plan.
- No, there is no capping. With the Trade Free Plan, you can enjoy unlimited zero brokerage intraday trades across segments.
- For prospective customers, trade free plan is currently available only for Resident Indians (Individuals), All existing customers are eligible to u...
- A dealer-assisted trade is one in which the trade order is placed by a Kotak Securities dealer/customer service executive/ authorised person (AP) a...
- No. In order to enjoy free intraday trading, both legs of an intraday trade need to be executed by the client (self-generated trades) through our o...
Trade Free Max from Kotak Securities offers lowest brokerage & zero charges on all online trades. Get unbeatable convenience, low trading rates and integrated services with Trade Free Max.
- (101.6K)
- The Trade Free Max Plan from Kotak Securities offers best interest and brokerage rates as below: Free Intraday Trades across all segments. Delivery...
- For existing customers, the steps are as follows: Visit www.kotaksecurities.com - login to trade - New products - Trade Free Max Plan – click on ‘G...
- The charges are ?2,499/- + GST per annum.
- Post availing this plan, only after the first successful Margin Trading order, a sum of ?2,499/- + GST would be debited from the client’s trading a...
- The Trade Free Max plan is currently available only for Resident Indians (Individuals) except the following categories:- Non-Resident Indian (NRI)...
- In such a case, the subscription fee of ?2,499/- plus GST will not be charged as it is charged on the first successful execution of MTF trade, but...
- A dealer assisted trade is one in which a Kotak Securities representative places a trade order on behalf of a client as per his/her instructions. T...
- MTF lets you trade even with limited funds. It lets you buy select stocks by paying only a fraction of the total amount upfront, and the rest can b...
- The charges would be Rs.50+GST for every cheque deposit/withdrawal.
- If a position is liquidated by the RMS in case of margin or debtors shortfall, additional brokerage of Rs.100 per executed order will be charged ov...
Kotak Securities offers new-age online trading plans. Investors under the age of 30 can enjoy the benefits of the Trade Free Youth Plan, which offers ZERO brokerage on all intraday trades. Meanwhile, investors above the age of 30 enjoy ZERO brokerage on all trades via the Trade Free Plan.
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- Quick Kotak Securities Trade Free Plan Review
- About Kotak Securities Limited
- Kotak Securities Trade Free Plan Review
- Brokerage and Other Charges of Kotak Securities Trade Free Plan
- Trading Platforms by Kotak Securities
- Pros and Cons of Kotak Securities Trade Free Plan
- Closing Thoughts
Before we start the detailed review, let us give you a quick review of the Kotak Securities Trade FREE Plan highlighting the Key Features for the reader. Kotak Securities Limited (KSL) is a part of Kotak Mahindra Bank Ltd.In its TRADE FREE PLAN, KSL is offering zero brokerage on intraday trades and Rs. 20 per order for all other future & options (F...
Kotak Securities Limited (KSL) is a part of Kotak Group with a legacy of over +20 Million Customers. Looking into the parent Kotak Group, they offer a wide range of financial services in the fields of commercial banking, stockbroking, mutual funds, life & general insurance, and investment banking. Kotak Group caters to the diverse financial needs o...
After the entrance of the discount brokers in the stockbroking industry, the traditional full-service brokers started getting a lot of competition from the new disruptors like Zerodhaand Upstox. They started offering cheaper brokerage charges with technically advanced technology platforms which attracted a lot of customers. To fight back with the d...
Brokerage Charges of Kotak Securities Trade FREE Plan
1. FREE : Intraday Trades — All Segments: Zero brokerage for intraday trades across Cash, Futures & Options, Currency & Commodity 2. Rs 20 Per Order: All other F&O, MIS & Super Multiple (Cover Order) — Flat fee of Rs 20 per executed order 3. 0.25% of Transaction: Equity & Commodity Delivery — Equity & Commodity Delivery at just 0.25% of transaction value. This brokerage is subject to a minimum brokerage of Rs 20 per executed order.
Account Opening Charges and AMC
1. Account Opening Charges: NIL (Rs 499 Waived Off) 2. Annual Maintenence Charges: Rs 50 per month
Is Intraday Trading actually FREE under the Trade FREE Plan?
In the Trade FREE Plan, No brokerage is charged for intraday trades for which you provide at least the exchange-prescribed margins. However, in order to adhere to statutory requirements, a nominal brokerage of only 1 paisa per scrip/underlying is charged. Further, the catch is that higher exposure intraday trades using Super Multiple will incur a flat brokerage of Rs 20 per executed order.
Kotal Securities limited offers multiple trading platforms so that the customers can choose the one that suits their requirements the best. Here are the trading platforms offered by Kotak Securities: 1. Kotak Stock Trader: It is a is a widely used mobile trading app for trading in the Indian stock market. The app allows you to trade Equities, Futur...
Pros of Kotak Securities Trade FREE Plan
Here are a few of the top advantages of Kotak Securities Trade FREE Plan: 1. Zero Brokerage on Intraday Trading 2. Flat brokerage of Rs 20/per order of F&O Trades 3. Use of Stocks as Margin (Instead of Cash Margin) 4. Full Broker Services at Discount brokerage rate offering a wide range of investment options and research reports. 5. Multiple trading platforms to fulfill almost all customer requirements. 6. In-depth market Market Research Reports
Cons of Kotak Securities Trade FREE Plan
Here are a few of the top disadvantages of Kotak Securities Trade FREE Plan: 1. Higher Brokerage Charge on Delivery trades compared to discount brokers 2. Higher AMC compared to other leading brokers
Kotak Securities is a brand of the leading private bank in India “Kotak Mahindra Bank”. The Trade FREE Plan is an added benefit for the traders and investors who want to open their demat account with a reputed bank along with enjoying lower brokerage charges. Moreover, Kotak Securities stockbroking, being a full-service broker also offers add-ons l...
Mar 10, 2021 · Kotak Securities Trade Free Plan Review – Key Features. Kotak Securities also stated that it would offer MIS and super multiple (cover order) at Rs 20 per order. Key features of the Trade Free Plan, Kotak are: It offers ZERO Brokerage on Intraday Trades; For all other F&O trades, the brokerage is charged at Rs.20 per order
Jan 24, 2024 · Kotak Securities launched a Trade Free Pro plan for its traders using the Kotak Neo and Kotak Stock Trader platforms. The plan is offered on a subscription basis and offers a Pay Later...
Kotak Securities Trade Free Plan is the simplified plan of Kotak Securities that offers free intraday trading across segments and a flat fee of Rs 20 for F&O trades across Equity, Currency, and Commodity. Features of Kotak Securities Trade Free Plan: Free Account Opening.
