Kotak Securities Launches Trade Free Plan
Kotak Securities Limited (KSL) today announced the launch of Trade Free Plan- a first of its kind plan, which offers both, zero brokerage on intraday trades and Rs. 20 per order for all other Future & Options (F&O) trades. This fixed brokerage plan is available for F&O across all segmentsEquity, Commodity and Currency. Customer research initiated by KSL revealed the need for a competitive brokerage plan from a wellcapitalised and reputed stock broker in the Indian capital market. KSL’s Trade free plan bridges this gap. Kotak Securities Limited – a subsidiary of Kotak Mahindra Bank Limited, is in the broking business for more than 25 years and has a net worth of close to Rs. 5,000 crore, which is the highest in the Indian broking industry.
Trade Free plan comes with many first time unique features:
- Zero brokerage on intraday trades and Rs 20. per order for all other F&O trades, which is one of the most competitive brokerage plan in the Indian broking industry. Open an online broking account in just 60 minutes and start trading the same day.
- Customer Satisfaction Guarantee – If the customer is not satisfied, they can, within one month, ask for refund of fees and brokerage with no questions asked!
- Customers can also give stock instead of cash as margin for trading.
About Kotak Securities Limited
Kotak Securities Limited (KSL) is a subsidiary of Kotak Mahindra Bank Limited and the stock broking arm of the Kotak Mahindra Group. As on 18th November, 2020, Kotak Mahindra Bank Limited’s market capitalisation was more than Rs. 3.50 lakh crore. Further, with a net worth of Rs. 4,897 crore as on 30th September, 2020 makes KSL the brokerage company with highest net worth in the Indian broking industry. Backed by top-of-the line research analyst team – fundamental as well as technical, large branch network, vast franchisee network and referral coordinators spread across Kona Kona of India, and its robust digital trading platform – Internet and App, and centralized personal dealer services, KSL processes several lakhs of secondary market trades every day. Furthermore, KSL offers a wide range of financial products including Equity, Derivatives, Currency Derivatives, IPOs, Mutual Funds and Insurance.
