Trade Free Plan
Take advantage of our plan with Free account opening, ₹10 per order Brokerage on all intraday and 0.20% on stock delivery trades
Account opening fee
₹0
Switching fees for existing clients
₹499+GST
₹10 per order
0.20%
₹10 per order
0.001% of the transaction value
0.05% of the transaction value
0.01% of the transaction value
0.041% per day
0.049% per day
0.00%
0.025% per day (8.99% annually)
₹0
₹100 +GST p.a
₹ 50 +GST per month (Account will convert to Non BSDA)
₹0
₹50 +GST per month
₹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)
₹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: 0.00297%
BSE: 0.00375%
0.1% (on both sides)
0.015% or Rs.1500/crore
NSE: 0.00297%
BSE: 0.00375%
0.025% (sell side)
0.003% or Rs.300/crore
NSE : 0.00173%
BSE : 0%
0.02% (sell side)
0.002% or Rs.200/crore
NSE : 0.03503% on Premium
BSE : 0.0325% on Premium
0.1% (sell side)
0.003% or Rs.300/crore
NSE : 0.00035%
BSE: 0.00045%
NIL
0.0001% or Rs.10/crore
NSE : 0.0311%
BSE: 0.001%
NIL
0.0001% or Rs.10/crore
MCX : 0.0021%
NCDEX : 0.0058%
0.01% (sell side)
0.002% or Rs.200/crore
MCX : 0.0418%
NCDEX: 0.03%
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
FREE
FREE
On actuals or ₹25 per auction (W.I.H)
₹50 + GST (for every cheque deposit)
Rs. 250 inclusive of GST
Online : ₹350 + bank charges
Offline : ₹500 + bank charges
₹25
₹49 + GST per executed order
Still have questions?
What is Trade Free Plan?
Trade Free Plan is a simplified brokerage plan offered by Kotak Securities. Here's what you get with this plan:
- Rs.10 per order Intraday Trades
You can enjoy Rs.10 per order brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity.
- Equity Delivery Trades
Brokerage for delivery trades in Equity (Cash) will be charged at 0.20% of the transaction value.
- Top Stock Picks
With the Trade Free brokerage plan, you also get access to in-depth research and stock picks from our experienced team of analysts.
Is intraday trading totally free under the Trade Free Plan?
Rs.10 per order is charged for intraday trades for which you provide at least the exchange-prescribed margins.
Is it necessary to square off an intraday trade?
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 ` 10 per executed order for Futures & Options position and 0.20% of the transaction value for Cash segment position.
What is the validity of trade free plan?
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.
Are there any renewal fees for trade free plan?
No, there are NO renewal fees for this plan.
Who is eligible for trade free plan offering?
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
-
Franchisee Clients
What is a dealer-assisted trade?
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 `49. 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).
What if an intraday position is squared off through Expiry/exercise or assignment of contract?
Expiry/exercise or assignment trades will be charged ` 10 per executed order.
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)
How long will it take to activate the trade free plan on my account ?
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.