Trade Free Max

The Trade Free Max Plan from Kotak Securities offers best interest and brokerage rates as below:

• Free Intraday Trades across all segments.
• Delivery Trades:Equity (Cash) - 0.25% of the transaction value, subject to a minimum brokerage of ₹20/- per executed order.
• All carry forward F&O, Commodity and Currency trades at ₹20/- per executed order
• Margin Trading Facility (MTF)* with interest rates at 0.028% interest per day.

For existing customers, the steps are as follows: Visit www.kotaksecurities.com - login to trade - New products - Trade Free Max Plan – click on ‘Get Trade Free Max Plan now’ – click on confirm to subscribe or on

The charges are ₹2,499/- + GST per annum.

Post availing this plan, only after the first successful Margin Trading order, a sum of ₹2,499/- + GST would be debited from the client’s trading account.

The Trade Free Max plan is currently available only for Resident Indians (Individuals) except the following categories:-

1. Non-Resident Indian (NRI) customers
2. Customers who belong to 'Offline' customer type
3. Kotak Securities employees
4. Franchisee Clients

In such a case, the subscription fee of ₹2,499/- plus GST will not be charged as it is charged on the first successful execution of MTF trade, but brokerage charges will be levied as follows:

• Free Intraday Trades across all segments
• Delivery Trades: Equity (Cash) - 0.25% of the transaction value, subject to a minimum brokerage of ₹20/- per executed order.
• All carry forward F&O,Commodity and Currency trades at ₹20/- per executed order

A dealer assisted trade is one in which a Kotak Securities representative places a trade order on behalf of a client as per his/her instructions. This would incur an additional fee as follows:-

• If one leg Intraday trade placed by a client and 2nd leg through a dealer : Rs.20 on self-trade on Rs.69 on dealer assisted trade will be charged
• If both leg intraday trades placed by a dealer : Rs.138 will be charged (i.e. Rs. 69 on each leg)
• If one leg or both leg delivery trades placed by a dealer : Rs.69 on each leg will be charged in addition.
• If position liquidated by risk team : Rs.69 per order will be charged in addition.

MTF lets you trade even with limited funds. It lets you buy select stocks by paying only a fraction of the total amount upfront, and the rest can be borrowed from us. To know more, kindly Click here

The charges would be Rs.50+GST for every cheque deposit/withdrawal.

If a position is liquidated by the RMS in case of margin or debtors shortfall, additional brokerage of Rs.100 per executed order will be charged over and above the brokerage rate. (Subject to maximum of 2.5% regulatory allowed brokerage)