Trade Free Pro
Get upto 4x leverage with our Margin Trading Facility (MTF) at a low interest rate.
Account opening fee
₹0
Subscription fee
₹249+ GST monthly
₹10 per order
0.10%
₹10 per order
0.001% of the transaction value
0.05% of the transaction value
0.01% of the transaction value
9.75% p.a.
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 the Trade Free Pro Plan?
The Trade Free Pro plan is best suited for traders as well as investors for the following reasons:-
- Rs.10 per order intraday trades across all segments
- Stock delivery trades at just 0.1%
- All carry-forward F&O, Commodity & Currency trades : Rs.10 flat per order
With lower interest rate in Margin Trading Facility, You can boost your buying power by getting leverage upto 4x on select stocks.
Who is eligible for the Trade Free Pro offering?
The Trade Free Pro plan is currently available for Resident Indians (Individuals) and Non - Individuals except the following categories:-
- Non-Resident Indian (NRI) customers
- Franchisee Clients
How do I subscribe to the Trade Free Pro Plan?
For existing customers, the steps are as follows:-
-
Through Neo app and Website : Login > Visit Profile section > Account details > Explore brokerage plans> Select Trade Free Pro > Click on Proceed with Trade Free Pro > Click on Subscribe now> Click on confirm for successful Subscription
-
Through Kotak Stock trader app or through our website Login > Visit ‘More’ section > Click on ‘Plans & Subscriptions” > Click on “Trade Free Pro Plan” > Click on Subscribe Now > Click on confirm for successful subscription In case of any concerns, you can reach out to our customer service desk at 1800-209-9191.
What are the charges to subscribe to this plan?
The charges are ₹249 + GST per month.
When would the Trade Free Pro Plan subscription charges be debited?
The subscription charges will be debited on a monthly basis from your trading account ledger post successful subscription of the plan.
Will the subscription be auto renewed on a monthly basis?
Yes. The subscription will be auto renewed on a monthly basis.
How do I unsubscribe from Trade Free Pro Plan?
In order to unsubscribe, we request you to reach out to our Customer service desk at 1800-209-9191. If you wish to subscribe to any other digital brokerage plans i.e. Trade Free or Trade Free Youth, you may subscribe to any of these and on successful subscription, your Trade Free Pro plan shall be automatically de-activated/unsubscribed.
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 are the charges for a dealer-assisted trade in the Trade Free Pro 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 side (either buy or sell) of an Intraday trade is placed by a client and 2nd through a dealer : Rs.59 will be charged on the order placed by a dealer
- If both side (buy and sell) of Intraday trades placed by a dealer : Rs.98 will be charged (i.e. Rs. 49 on each leg)
- If one side or both side delivery trades placed by a dealer : Rs.49 on each transaction (i.e. buy or sell)
Please note the charges will not exceed the 2.5% maximum regulatory/ exchange allowed capping.
What is Margin Trading Facility?
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 would happen in case of 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 (Equity F&O only), additional charge of Rs.100 per executed order will be charged over and above the brokerage and the system square off charges (Subject to maximum of 2.5% regulatory allowed brokerage).
- For liquidation of stock delivery positions – 0.1% or Rs.70 whichever is higher will be charged.
- For liquidation of other positions – Rs.70 per executed order will be charged over and above brokerage
How long will it take to activate Trade Free Pro in my account?
The Plan will be activated within 2 working days after successful subscription.
When will be my next billing date if I subscribe to the plan in the middle of the month?
Subscription fee are charged on a monthly basis from the date you subscribe to Trade Free Pro. Let’s say, you subscribed to Trade Free Pro on 15th of Nov , your next billing will be after 30 days i.e. 15th of December.
Can I claim refund of the subscription fee if I unsubscribe from Trade Free Pro Plan?
We are sorry but no refund will be processed against unsubscription of the plan. In case of any query, please reach out to our Customer Service desk at 1800-209-9191.