Experience our margin trading facility at low interest rates by switching to Trade Free Max.
Account opening fee
Subscription fee
Switching fees for existing clients
₹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
The Trade Free Max Plan from Kotak Securities offers best interest and brokerage rates as below:
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:-
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:-
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)