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