Kotak Securities Limited is the only stockbroker in India that charges Rs. 10 brokerages on intraday trades for all segments under the “Trade Free Plan”.
Kotak Securities offers 2 brokerage plans
- Trade Free Plan – having Rs. 10 intraday charges suitable for DIY traders
- Dealer Assisted Plan – with 0.39% charges for beginner investors who need hand-holding
You get advisory service only with the “dealer-assisted plan”.
The “Trade Free” plan is for intraday traders who do their own research and don’t need any advisory service.
Two variants of the “Trade Free Plan” offered by Kotak Securities are –
- Trade Free Youth – for traders under 30 years of age. Rs. 0 brokerage on stock delivery trade and Rs. 10 brokerage on all other segments with Rs. 0 account opening fee.
- Trade Free Plan – for traders over 30 years of age. Where stock delivery brokerage is 0.20% and Rs. 10 brokerage on all other segments. Account opening is free.
- Trade Free Pro – offering Margin Trading Facilities for professional traders.
Kotak Securities Demat cum Trading Account Review 2025
Founded in 1994, Kotak Securities has over 30 years of experience in the broking industry. They service 5 million+ customer accounts and have a pan India network of 155 branches and 1000+ franchises.
Their primary service offering is – Stockbroking and distribution of various financial products like mutual funds and insurance.
Kotak Securities other value-added services include –
- ETF & IPO investment
- Mutual fund investment
- Tax-free bonds and NCDs
- Soverign gold bonds and Gold ETF
- Stock basket investing (new service offering)
- US stock investing (new service offering)
- Market Research & Stock Tips
Kotak Securities offers 2 brokerage plans having the following details –
#1. Kotak Securities – Trade Free Brokerage Plan
| Trading Segment | Trade Free Youth Brokerage | Trade Free Plan Brokerage |
| Equity Intraday | Rs. 10 per order | Rs. 10 per order |
| Equity F&O (Intraday ) | Rs. 10 per order | Rs. 10 per order |
| Currency & Commodity (Intraday) | Rs. 10 per order | Rs. 10 per order |
| F&O trades (carry forward) | Rs. 10 per order | Rs. 10 per order |
| Equity Delivery | Rs. 0 | 0.20% |
Intraday traders with a large number of trades will benefit from the Rs. 10 charges under the Trade-free plan.
For example, 10 intraday trades per day at Zerodha charges Rs. 20 x 10 trades = Rs. 200.
Whereas under the Trade Free Plan at Kotak Securities, you pay Rs. 10 x 10 trades = Rs. 100 charges on 10 intraday trades.
The plan helps you save a few thousand rupees every month.
But you will still need to pay other charges like STT, SEBI, Exchange charges, and stamp charges on your intraday trade.
Only the brokerage charge on stock delivery for youth is free.
The only catch is – traders need to complete trading both legs online within the market hours without any assistance from dealers or customer service executives.
You will need to pay an additional fee of Rs. 49 per executed order in “Call & Trade” charges if you take any RMS or dealer assistance for your trades.
The plan also allows access to research and stock-picks services. Which can potentially help traders to select stocks and gauge market sentiments.
#2. Kotak Securities – Dealer-Assisted Brokerage Plan
| Trading Segment | Brokerage Charges |
| Equity Intraday | 0.039% |
| Equity & Commodity Futures | 0.039% |
| Equity & Commodity Options | Rs. 39 per lot |
| Currency Futures | Rs. 9 per lot |
| Currency Options | Rs. 5 per lot |
| Equity Delivery | 0.39% of transaction value |
Beginner traders who need hand-holding services like investment advisory and stock research to build their portfolio benefit from the dealer-assisted plans.
You get a dedicated dealer attached to your account to discuss, plan, and make strategies for investments.
The plan also suits working professionals who face time shortages in managing their investment portfolios.
If you looking for a free stock delivery Demat account then you can read Zerodha Review which charges zero brokerage on delivery trades.
Kotak Securities Trading Platforms Review 2025
#1. Kotak Stock Trader App
Allows you to “Tap and trade” from anywhere facility whether you are traveling or are in the garden. You get real-time stock prices and get live market updates.
The app consumes 56 MB (iOS) / 24MB (Andriod) of memory space and has a secured biometric login.
You can access charting tools, create watchlist, and place orders from your recent search history.
#2. Kotak TradeSmart Terminal
Trade Smart Terminal is a browser-based online trading platform for savvy traders with add-on charged services like –
- Trade Smart Derivatives
- Trade Smart Insights
- Trade Smart Trends
Allows creation of watchlists for tracking stocks (65+ data points), Futures (40+ data points), and Options with more than 45 data points.
Trade Smart Terminal can help find option trading opportunities by tracking unusual Call volume, open interest, gap up/down on high volume, and highest Put/Call OI ratio.
#3. Web-based Trading Terminal
The Web-based trading terminal is a light version of the Trade Smart Terminal. People new to trading/ investing can get hands-on here.
The platform is simple, offers an intuitive interface, and is loaded with watchlists, auto price streaming, and single-click navigation to IPO and mutual fund investment.
#4. Keat ProX Trading Platform
Keat ProX is a downloadable .exe software that creates a powerful local trading environment on your PC (desktop), tablet, or laptop.
You can customize the user interface suited to your trading style. Have an integrated screen for watchlist, and funds status, can view trading positions, and get access to research reports and stock charting tools.
Kotak Trade APIs
Advanced traders who want to implement their own strategies can use Kotak Trade APIs to customize and develop their own trading algorithms.
What I Like
- Rs. 10 charges on intraday trading under the Trade Free plans
- Flat Rs. 0 charges on stock delivery under the – Trade Free Youth plan
- Option to open online demat, 2-in-1, and 3-in-1 accounts
- Access to value-added services like IPO, smallcase, and US stock investment
What Can Be Improved
On the Google Play store, there are reviews of the Kotak Trader App having login issues, system hangs, and average customer support.
Kotak has recently updated its app fixing login issues and bug fixes.
Online people have left reviews of Kotak securities including other charges along with the brokerage fees. Kotak Securities team needs to look into the grievances.
Kotak Securities Account Opening Charges 2025
| Particulars | Trade Free Plan Charges | Dealer Assisted Plan Charges |
| Account Opening | Rs. 0 ( Free now) | Rs. 499 (one time) |
| AMC charges – Holding value of securities <= Rs. 1,000 Holding value of securities > Rs. 1,000 | Rs. 0 Rs. 0 (Trade Free Youth) Rs. 50 pm (Trade Free Plan) | Rs. 0 Rs. 50 pm |
Kotak Securities Online Account Opening Process
Step 1 – Visit Kotak Securities account opening page
Step 2 – Enter your name, mobile number, and email ID for verification. Also, fill in the city details.
Step 3 – Verify your mobile number and email ID with OTP received.
Step 4 – Fill PAN number and date of birth as proof of identity
Step 5 – Provide personal information like marital status, annual income, and trading experience.
Step 6 – Fill in your bank account details as shown below –
Note – If you provide your Kotak Bank account details, the 3-in-1 “Trinity” account will be opened.
If you provide your other bank account details, Kotak Securities will open a 2-in-1 account.
Step 7 – For address verification, you have three options –
Option 1 – If you have a copy of address proof stored in Digi Locker. Then you can log in to your Digi locker account and verify your address.
Digi Locker is a government-backed wallet to keep all your documents safe online.
Option 2 – If you don’t have a Digi locker account then you can use Aadhar as an address poof.
Click the “Aadhar Offline KYC” link at the bottom. You need to log in to UIDAI using Aadhar OTP and download the zip file containing the Aadhar details.
After that upload the zip file by clicking the tab below and providing the code to open the zip files.
Option 3 – Choose the “Request physical assistance for account opening” method. Your application will be forwarded to an RM who will conduct an address verification process.
Step 8 – Upload your PAN and signature once your online address verification is complete.
Finally, you need to review the account opening application before submission to Kotak Securities Limited.
The whole online process takes 20 -25 minutes.
Before completing the application I got a call from the Kotak Securities support team for briefing and assistance during the account opening process.
Once done, the Kotak Securities personnel go through the application.
If he finds all the things complete your login ID and password are created and communicated to you over your email address. This may take another 20 minutes of time.
Overall the new online account opening process can be completed hassle-free within 40 to 50 minutes of time.
Conclusion
Kotak Securities offers a good option for both Intraday traders and long-term investors (under 30 years of age) to fulfill their financial needs.
Cost-conscious, frequent intraday traders with a large number of trades can save trading costs using the Rs. 10 intraday charges.
If you are still confused or looking for an alternative then you can check out our list of best Demat trading accounts in India.
FAQ
Is Kotak securities safe?
Kotak Securities is a subsidiary of Kotak Mahindra Bank and is a SEBI-registered stockbroking company with 30+ years of industry presence.
Is Kotak securities good for intraday?
Kotak Securities charges Rs. 10 for intraday trades on all segments. If you place a large number of intraday trades then definitely you can save a few hundred rupees.
For example, 10 intraday trades at Zerodha costs Rs. 20 x 10 trades = Rs. 200.
Whereas under the Trade Free Plan at Kotak Securities, you incur Rs. 100 charges on 10 intraday trades.
Is Kotak securities registered with SEBI?
Yes, under the SEBI Registration No: INZ000200137
What are the annual charges for Kotak securities?
AMC charges under both the plans are under –
Rs. 0 in case of securities holding is up to Rs. 1,000.
If securities holding is more than Rs. 1,000, then AMC charges are – Rs 0 for the Trade Free Youth plan. Rs. 50 per month for the Trade Free Plan and Dealer Assisted Plan.
Is intraday brokerage free in Kotak Securities?
Intraday brokerage is NOT free.
Intraday trades are charged at Rs. 10 under the Trade Free Youth & Trade Free Plan with no capping on the number of trades.
Is DigiLocker safe?
DigiLocker is a government of India-sponsored wallet to keep your documents safe online. Kotak Securities only access the KYC-related documents for account opening.
Pl avoid kotak. I am harrased by them and no service or queries are replied