+ Expand AllCurrency Derivative FAQs
-
QI am an existing client of Kotak Securities. Do I have to get a new client code for trading in Currency Derivatives?A
No, your existing client code will be mapped for the segment, once we receive all the required documentation from your end. -
QI am an online client of Kotak Securities. Can I avail trading facility for the Currency Derivative segment?A
Yes, you can avail this facility. -
QWhat are the charges for trading Currency Derivatives?A
Kindly get in touch with your Relationship Manager or visit our nearest branch to know the charges. You can also call us on 1800 209 9191 for the same. -
QCan a Resident Indian, who does not have any exposure in currency trading, trade in this segment?A
Yes, the same is permitted. -
QCan I settle the Currency Derivative contract by taking delivery in the foreign currency?A
No, the settlement is done in INR only. -
QCan I trade in any currency through this segment in the exchange?A
No, you can trade in following currencies through the segment.
- USD
- EUR
- GBP
- JPY
-
QWhat is the size of the contract?A
Lot size of each contract is as below.
- USD / INR - USD 1,000
- EUR / INR - EUR 1,000
- GBP / INR - GBP 1,000
- JPY / INR - JPY 1,00,000
-
QFrom which all modes can I place order of currency derivatives?A
You can place order for currency derivatives through website, KEAT Pro, Fastlane and Call & Trade.
- Mandatory by SEBI
- Easy Portfolio Management
- Security of Equity Investments.