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| Kotak High Trader Account |
| For daily traders, we have the Kotak Securities High Trader exposure - an account specially designed for intra-day traders. This is an Auto Square Off product where you can enjoy the benefits of intra-day trading. All open orders will be automatically squared off at 3.10 pm. |
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Your benefits |
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How to activate? |
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Open your account |
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Charges |
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Derivatives trading:
When stocks are delivered into your account:
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Daily Square up |
Settlement |
| < 2 crores |
0.07% both sides |
0.09% both sides |
| 2 - 5.5 crores |
0.045% both sides |
0.073% both sides |
| 5.5 - 10 crores |
0.036% both sides |
0.046% both sides |
| 10 - 25 crores |
0.027% both sides |
0.046% both sides |
| > 25 crores |
0.023% both sides |
0.032% both sides |
During Cash Squaring up:
| 25 lakhs |
0.06% both sides |
| 25 lakhs - 2 crores |
2 crores - 5 crores |
| 2 crores - 5 crores |
0.04% both sides |
| > 5 crores |
0.03% both sides |
Delivery:
| < 1 lakh |
0.59% |
| 1 - 5 lakh |
0.55% |
| 5 - 10 lakh |
0.45% |
| 10 - 20 lakh |
0.36% |
| 1 - 5 lakh |
0.55% |
| 20 - 60 lakh |
0.27% |
| 60 lakh - 2 crore |
0.23% |
| > 2 crore |
0.18% |
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Note1: The minimum brokerage that is applicable in the Kotak High trader Account is 4 paise on delivery and 4 paise in the cash segment
The minimum brokerage that is charged in the derivative segment is 3 Paise. |
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Note2: It is possible that an investor who trades in higher volumes, can move to a higher level and avail brokerages lesser than that pertaining to his particular account type.click here to know more
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Special service charges |
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Note: Service Tax of 12.24% of brokerage will be charged in addition.
The brokerages charged are as per the volumes that are achieved. Based on these volumes a client can be either debited or credited an amount which is as per the volumes he/she may achieve at the end of the month.
In accordance with the National Stock Exchange, the new revised STT rates are as mentioned below
Securities Transaction Tax (STT) @ 0.125% of turnover will be charged in addition to the brokerage on all delivery trades
STT @ 0.025% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the cash market
STT @ 0.017% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the derivative market
-Service tax, STT and other statutory charges are as per current rate and any revision in the rate then,will be applicable " |
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