Home
Account Login
Not Logged In
☰
  • Trade Now
  • About Us
    • Why Choose Us
    • About Kotak Securities
    • About Kotak Group
    • Service
    • Media
    • Careers
    • Current Openings
  • Product
    • Asset Classes
      • Tax Free Bonds
      • Gold ETF
      • Stock Lending & Borrowing (SLBM)
    • Trading Tools
      • Website
      • KEAT PRO X
      • Kotak Stock Trader
      • Call and Trade
    • Account Types
      • Demat Account
      • Private Client Group (PCG)
      • 2 in 1 Account
      • Trinity Account
      • NRI Account
      • Foreign Investors (QFI)
    • Value Added Features
      • Margin Intraday Square off (MIS)
      • Stock Basket (smallcase)
      • Margin Trading Facility
      • Super Multiple
      • BNST
      • Portfolio Tracker
      • Capital gain report
      • Use Stocks as Margin
      • Knowledge Bank
      • Refer and Earn
  • Pricing
  • Research
    • Live Research Calls
      • Fundamental Call
      • Technical Call
      • Derivatives Call
      • SIP Call
      • Top Monthly Picks
      • Pick of the Week
    • Kotak Research Centre
    • Latest Research Reports
      • Stock Recommendations
      • Research webinars
    • Sample Research Reports
  • Help
    • Contact Us
    • Get Your Account Statements
    • Open an account
    • Demos
    • Forms
  • More
    • Startup Engagement
    • Kotak University
    • Franchisee
Home » Faqs » Free Intraday Trading
HELP: Customer Queries
  • Demos
  • Forms
  • Chat
  • AC Details
  • Currency Derivatives
  • Derivatives Basics

+ Expand AllFree Intraday Trading FAQs

  • QWhat is Free Intraday Trading?
    A

    Free Intraday Trading is a unique product for online clients who wish to opt for “Free Intraday Brokerage” on all self-traded intraday orders. Both side orders need to be self-traded.

    A Self Traded order is one in which both the buy and sell leg of the order is placed by the client directly on the online trading platform provided by Kotak Securities Ltd.

  • QWhat is the fee for the Free Intraday Trading offering?
    A

    Rs. 999/- + taxes for opening a new a/c under this offering applicable both for a new customers opening a/c under this offering or existing customers opting for this offering.

  • QWhat all is included in Free Intraday Trading offering?
    A
    • Free Intraday Trading for all self-generated Intraday trades i.e. all intraday trades placed online (both Buy and Sell side) in Cash and Eq. Derivative segments
    • Access to Research on trading platforms
  • QWhat is self-generated Intraday trades?
    A

    Intraday Trades (both leg) placed on below platforms only

    • Kotak Stock Trader App
    • Website
    • Fastlane
    • KEAT
    • Trade Smart Terminal
  • QFor whom is Free Intraday Trading facility available?
    A

    Free Intraday Trading product is valid only for self-generated intraday order in Cash & Equity Derivative segments. A Self-generated intraday order is one in which both the buy and sell leg order are placed by the client directly on the online trading platform provided by Kotak Securities Ltd.

  • QHow can I activate Free Intraday Trading facility?
    A
    • Activation process for New Clients: New Client can activate the service while signing the physical AOF & opening account through Digital process.
    • Activation process for Existing Clients: To activate the service client can login to www.kotaksecurities.com and click on trading platform -> Menu -> New Products -> Free Intraday Trading (FIT) -> Start Now for Rs. 999/Year.
  • QIs Free Intraday Trading available to all customers?
    A

    Free Intraday Trading offering is only for Resident Online customers only. This facility is not available for offline clients

  • QWhich trades do not qualify under Free Intraday Trading?
    A

    Following trades do not qualify:

    • Super Multiple orders (Cash, Future & Options), Derivative plus & Option plus orders
    • Currency derivatives & Commodity trades
  • QWhat is the validity of Free Intraday Trading offering?
    A

    Free Intraday Trading offer is valid for 365 days from the day of subscription.

  • QIs there any capping on volume for the year?
    A

    No, client can place unlimited trades for the year

  • QIs Intraday trading completely free or there is any brokerage?
    A

    Only Nominal brokerage of 1 paisa per scrip/ underlying expiry contract level would be levied

  • QWhat would be the statutory and other charges?
    A

    Statutory and other charges would be as applicable as mentioned in the a/c opening form.

  • QWhat is the standard brokerage rate applicable for dealer assisted trades on non-Intraday trades
    A

    Standard Brokerage rate is as per below:

    Delivery Intraday Eq. Future Eq. Option Currency Future Currency option
    0.39 % 0.039% 0.039% Rs 75 per lot 0.03% or Rs 15 per lot whichever is higher Rs 15/- Per Lot
  • QWhat if one leg of the trade is placed online while another leg is executed by dealer/ customer care?
    A

    In this scenario Free Intraday Trading would not be applicable and brokerage as per customer’s brokerage slab would be applicable

  • QWhat if customer has placed a self-intraday trade but it has been modified by dealer or customer service agent, will it qualify under free intraday trade?
    A

    No, benefit of Free Intraday Trading would not be given

  • QWhat if the position are squared off through expiry/ exercise or assignment of contracts on the same day?
    A

    Such trades would be considered as eligible client self-traded orders and would be considered under Free Intraday Trading provided first leg of order was placed online

  • QWhat would happen for cases where KS has liquidated positions for meeting margin deficiencies?
    A

    Such trades would not be eligible as self-trade by client and would apply brokerage as per customer’s brokerage slab

  • QWill the volume generated under Free Intraday Trading qualify for calculation of volume under differential brokerage plans such as Green channel, KPS plan etc.?
    A

    No

  • QHow would the renewal happen post 1 year?
    A

    This is an auto-renewal product and customers would be informed 15 days prior to expiry in case if customer wants to unsubscribe from the offer.

    In case customers do not unsubscribe before expiry offer would be auto renewed

  • QWhat is the process of de-activation?
    A

    To deactivate the product clients can login to the trading platform -> Menu -> New Products -> Free Intraday Trading (FIT) -> Unsubscribe

  • QWhat refund amount would be processed if there is a deactivation before 1 year?
    A

    In case of discontinuation/ transfer of plan/ change in brokerage charges/ closure (by the clients)/suspension/ termination, the product fees plus applicable taxes will NOT be reversed in full or part.

    However, if the product is withdrawn by Kotak Securities on immediate effective eligible amount will be credited to the clients OR the product will be active till the last eligible date for existing client.

    Note: During this period no fresh request will be allowed for New & existing clients.

  • QWhat is the TAT for Activation/ Deactivation of the Free Intraday Trading service?
    A

    Any activation /deactivation request marked before 3.00 PM on a working day the service will be actioned in the same day.

    Any activation /deactivation request marked after 3.00 PM on a working day the service will be actioned by the end of the next working day.

  • QCan a customer re-activate after de-activation?
    A

    Yes by following the same process of activation. Again customer has to pay Rs. 999/- + taxes

2014661830565536055253
Open an Account now
Why Demat Account?
  • Mandatory by SEBI
  • Easy Portfolio Management
  • Security of Equity Investments.
Reach Us
Read about the risks and returns while investing in the stock markets

Read More >


Stock Market Sectors :        A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | R | S | T | V | W |

About Us

  • • Branch Locator
  • • About Kotak Securities
  • • Awards and Accolades
  • • About Kotak Group
  • • Technology
  • • Strong Research
  • • Customer Support Chat
  • • Brokerage Charges

Asset Classes

  • • Equity Trading
  • • Derivative Trading
  • • Mutual Fund Investment
  • • IPO
  • • Gold Funds
  • • Currency Derivatives
  • • Fixed Deposits & Tax Free Bonds
  • • Debentures

Derivatives Market

  • • Most Active Contracts
  • • Gainers
  • • Losers
  • • Top Volume Traded
  • • Top Value Traded
  • • Most Active Put
  • • Most Active Call
  • • Open Interest
  • • Highest in Premium
  • • Put Call Ratio

Investment Knowledge Bank

  • • Share Market Basics
  • • What is Demat Account
  • • What are Derivatives?
  • • What are Futures?
  • • What are Options?
  • • What are Mutual Funds?
  • • Basics of Financial Planning
  • • Calculators
  • • Videos
  • • Meaningful Minutes

Trading Tools & Research Reports

  • • KEAT PRO X
  • • Kotak Stock Trader APP
  • • Fastlane
  • • Xtralite
  • • Dealer assisted trading
  • • Call and Trade
  • • Investors Research
  • • Trader Research
  • • Mutual Fund Research
  • • Fundamental Analysis Reports
  • • Technical Analysis Reports
  • • Derivative Reports
  • • Currency Derivative Reports

Account Types & Value Added Services

  • • Demat Account
  • • 2 in 1 Account
  • • Trinity Account (3-in-1 Account)
  • • Linked Account
  • • NRI Account
  • • PMS
  • • Margin Trading
  • • BNST
  • • TradeSmart Store
  • • SMS Alerts
  • • AMO

Equity Market

  • • Share Market Live
  • • Gainer
  • • Loser
  • • Most Active Stocks
  • • Volume Buzzer
  • • 52Wk High
  • • 52Wk Low
  • • All Market News
  • • Bullion News
  • • Economy General
  • • Corporate Actions
  • • Other News
CUSTOMER CARE Chat with us
77389 88888WhatsApp Chat
(Add city STD code while calling from Mobile)

TIME:
Customer Service:- Mon to Fri – 9.00 AM TO 6.00 PM
Call and Trade:- Mon to Fri – 8.30 AM TO 5.30 PM

For Call & Trade, dial 080 4725 3255
Write to us at service.securities@kotak.com for Trading Account-related queries and ks.demat@kotak.com for Demat Account-related queries

Connect with us

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Attention Investors Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. Circular No.: NSDL/POLICY/2014/0094, NSE/INSP/27436, BSE - 20140901-21

Kindly note that as per NSE circulars nos: NSE/INVG/36333 dated November 17, 2017, NSE/INVG/37765 dated May 15.2018 and BSE circular nos: 20171117-18 dated November 17, 2017, 20180515-39 dated May 15.2018, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE. In case of any queries, request you to kindly get in touch with Customer Service on 18002099191/9292

Kotak securities Ltd. having composite licence no.CA0268 is a Corporate Agent of Kotak Mahindra Life Insurance Company Limited and Kotak Mahindra General Insurance Company Limited. We have taken reasonable measures to protect security and confidentiality of the Customer information.

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.
The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Please do not share your online trading password with anyone as this could weaken the security of your account and lead to unauthorized trades or losses. This cautionary note is as per Exchange circular dated 15th May, 2020.

Note: NSDL and CDSL have mapped Unique Client Codes (UCC) to demat accounts based on PAN, refer NSDL and CDSL circulars. Format for linking/delinking the UCC: NSDL: link | CDSL: link.

Clients are required to keep all their account related information up-to-date including details like email id, mobile number, address, bank details, demat details, income details etc. which will help the client to timely receive any information and to avail the various facilities relating to the Trading and Demat account. To update the details, client may get in touch with our designated customer service desk or approach the branch for assistance.

Investor Awareness regarding the revised guidelines on margin collection:-
Attention Investors :

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, notice no. 20200731-7 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020, notice no. 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors

Clients are hereby cautioned not to rely on unsolicited stock tips / investment advice circulated through bulk SMS, websites and social media platforms. Kindly exercise appropriate due diligence before dealing in the securities market.

Requirement of obtaining consent through OTP has been waived for off market transfer reason code “Implementation of Government / Regulatory Direction / Orders” Consent through OTP would continue to be required for all other reasons for any off-market transfers. Refer NSDL circular.

Covid-19 impact to clients:-
1. Applicable to clients on whose email id contract notes and other statements get bounced or who have opted for Physical contract notes/ other statements or Digital and Physical contract notes/ other statements :Due to the nationwide lockdown, we are unable send physical contract notes and other statements. To view them, log into www.kotaksecurities.com
2. Kindly update your email id with us to receive contract notes/various statements electronically to avoid any further inconvenience.
3. We are unable to issue the running account settlement payouts through cheque due to the lockdown. We request you to update your Bank account details to facilitate direct transfer to your linked bank account. You may approach our designated customer service desk or your branch to know the Bank details updation procedure.
4. Exchange advisory: Investors are advised to exercise caution while taking investment decisions in these unpredictable times. Clients are also encouraged to keep track of the underlying physical as well as international commodity markets. Clients are advised to undertake transactions after understanding the nature of the contractual relationship into which they are entering and the extent of its exposure to risk. Clients are further advised to follow sound risk management practices and not to be carried away by unfounded rumors, tips etc.

Filling complaints on SCORES- Easy & Quick
a. Register on SCORES portal  |  b. Mandatory details for filling complaints on SCORES  i. Name, PAN, Address, Mobile Number, E-mail ID  |  c. Benefits:  i. Effective Communication  ii. Speedy redressal of the grievances

Charges for Other Services  |  Disclaimer  |  Sitemap  |  Privacy & Security  |  256 Bit Encryption  |  BSE  |  NSE  |  MSE  |  MCX  |  SEBI  |  SCORES  |  Anti Money Laundering Measures  |  Important Policies  |  Dos & Donts  |  National Pension System  |  List of GST Registration Number

© 2005 Kotak Securities Limited.

Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. Telephone No.: +22 43360000, Fax No.: +22 67132430.
Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 42856825.

CIN: U99999MH1994PLC134051. SEBI Registration No: INZ000200137(Member of NSE, BSE, MSE, MCX & NCDEX), AMFI ARN 0164, PMS INP000000258 and Research Analyst INH000000586.

NSDL/CDSL: IN-DP-NSDL-23-97

New To share Market?

Open Your Account Today!

New Customer?

Hurry! Sign up for Free Intraday Trading now

BROKERAGE FREE

on intraday trades

AVAIL THE OFFER NOW

NO ACCOUNT OPENING CHARGES



Submit

Please Note

That by submitting the above mentioned details, you are authorising Kotak Securities & its sub-brokers & agents to call you and send promotional communication even though you may be registered under DNC.

Open An Account