Trade Free Max
Experience our margin trading facility at low interest rates by switching to Trade Free Max.
Account opening fee
₹0
Subscription fee
₹2499+GST p.a.
Switching fees for existing clients
₹2499+ GST p.a.
₹0
0.25% or ₹20 whichever is higher
₹20 per order
0.01% of the transaction value
0.05% of the transaction value
0.028% per day
0.049% per day
0.00%
0.049% per day
₹150 per certificate + ₹50 per request (courier charges)
₹10 for 100 securities (shares, bonds, mutual funds units, etc, subject to minimum of ₹15)
NIL
0.04% of the value of securities (subject to minimum of ₹20)
₹0
₹100+GST p.a
₹50+GST per month (Account will convert to Non BSDA)
₹0
₹50+GST per month
₹20 per ISIN
₹20 per ISIN
₹20 per ISIN
0.05% of the value of securities (Subject to minimum of ₹30)
0.04% of the value of securities (subject to minimum of ₹30)
NSE: 0.00335%
BSE: 0.00375%
0.1% (on both sides)
0.015% or Rs.1500/crore
NSE: 0.00335%
BSE: 0.00375%
0.025% (sell side)
0.003% or Rs.300/crore
NSE : 0.002%
BSE: 0%
0.0125% (sell side)
0.002% or Rs.200/crore
NSE : 0.0505% on Premium
BSE : 0.005% on Premium
0.0625% (sell side)
0.003% or Rs.300/crore
NSE : 0.00095%
BSE: 0.00022%
NIL
0.0001% or Rs.10/crore
NSE : 0.037%
BSE: 0.001%
NIL
0.0001% or Rs.10/crore
MCX (For agri & non agri) : 0.0026%
NCDEX : 0.006%
0.01% (sell side)
0.002% or Rs.200/crore
MCX : 0.05%
NCDEX: 0%
0.05% (sell side)
0.003% or Rs.300/crore
FREE
FREE
₹7+GST
FREE
₹50 + GST per trading day for which contract notes have been requested
FREE
₹200 per year request
FREE
₹200 per statement per year + ₹50 courier charges
₹200 per statement per year
On actuals or ₹25 per auction (W.I.H)
₹50+ GST (for every cheque deposit or withdrawal)
Online : ₹350 + bank charges
Offline : ₹500 + bank charges
₹25
Max ₹89 + GST per executed order
Still have questions?
What is the Trade Free Max Plan?
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.
How do I subscribe to the Trade Free Max plan?
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
What are the charges to subscribe to this plan?
The charges are ₹2,499/- + GST per annum.
When would the Trade Free Max plan charges be debited?
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.
Who is eligible for the Trade Free Max offering?
The Trade Free Max plan is currently available only for Resident Indians (Individuals) except the following categories:-
- Non-Resident Indian (NRI) customers
- Customers who belong to 'Offline' customer type
- Kotak Securities employees
- Franchisee Clients
What are the charges if no MTF trade has been placed but Trade Free Max Plan is subscribed?
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
What are the charges for a dealer-assisted trade in the Trade Free Max Plan?
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.
What is Margin Trading Facility (MTF)?
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
What are the charges for deposit/withdrawal of funds through a cheque?
The charges would be Rs.50+GST for every cheque deposit/withdrawal.
What would happen in case the Risk Management System (RMS) of Kotak Securities liquidates positions due to any reason?
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)