Take advantage of our Trade Free Plan, offering ZERO brokerage on all your Intraday trades
Unlock the power of ZERO brokerage with our Trade Free Youth Plan, designed exclusively for traders
Trade Free Plan is a simplified brokerage plan offered by Kotak Securities. Here's what you get with this plan:
You can enjoy zero brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity.
Brokerage for delivery trades in Equity (Cash) will be charged at 0.25% of the transaction value. This brokerage is subject to a minimum brokerage of ` 20 per executed order.
With the Trade Free brokerage plan, you also get access to in-depth research and stock picks from our experienced team of analysts.
No brokerage is charged for intraday trades for which you provide at least the exchange-prescribed margins. However, in order to adhere to statutory requirements, a nominal brokerage of only 1 paisa per scrip/underlying would be charged.
Not at all. The choice to square off the trade is at your discretion. You can convert the order from intraday to delivery (Cash segment) or carry-forward (Futures & Options segment). To do so, you need to pay just a flat brokerage of ` 20 per executed order for Futures & Options position and 0.25% of the transaction value for Cash segment position.
New customer during account opening needs to pay a one-time subscription fee of Rs.99+GST.
Existing customers to pay One time subscription fee of Rs.499+ GST.
Path to subscribe to the plan : https://www.kotaksecurities.com/trade/login > More > Plans & Subscriptions > Trade Free Plan > Subscribe now
Click on the button below and login:-
This is a one-time subscription plan. It will remain valid until the plan is discontinued or you choose to switch to a different plan.
No, there are NO renewal fees for this plan.
No, there is no capping. With the Trade Free Plan, you can enjoy unlimited zero brokerage intraday trades across segments.
For prospective customers, trade free plan is currently available only for Resident Indians (Individuals)
All existing customers are eligible to upgrade to the Trade Free Plan, except the following:
Non Resident Indian (NRI) customers
Customers who belong to 'Offline' customer type
Kotak Securities employees
A dealer-assisted trade is one in which the trade order is placed by a Kotak Securities dealer/customer service executive/ authorised person (AP) as instructed by the client. This would incur an additional feeof maximum `90. per executed order (Subject to maximum of 2.5% regulatory allowed brokerage).
Note: This additional fee will also apply to auto square off trades (positions closed by the system in case of high exposure trades, or liquidation by our Risk Management System due to any reason).
No. In order to enjoy free intraday trading, both legs of an intraday trade need to be executed by the client (self-generated trades) through our online trading platforms only.
In this scenario, the free intraday trading benefit would not be applicable. A flat brokerage of
20 per executed order would be charged for orders placed online (leg one). And 70 would be charged for the order placed through the dealer/customer care executive (leg two) (Subject to maximum of 2.5% regulatory allowed brokerage).
No, it won't qualify for zero brokerage. In this case, each leg of the trade will be charged
20 per executed order. Any modification done by the dealer/customer care executive will incur an additional charge of 50 per executed order.(Subject to maximum of 2.5% regulatory allowed brokerage)
Expiry/exercise or assignment trades will be charged ` 20 per executed order..
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)
Any request for activaton received before 3:30 PM on a working day would be processed the same day. Requests received after 3:30 PM on a working day, would be processed on the next working day.