A dealer aided trade is one in which a Kotak Securities representative places a trading order on behalf of a client based on his or her instructions. Through the call and trade desk which is a service that allows customers to place orders through a dedicated crew by dialing 1860-266-9191 one can place an order. This would result in an additional fee (in addition to the brokerage), which is as follows in case of the Trade Free Max plan:
If a client places one leg of an intraday trade and the second leg through a dealer, a fee of Rs.20 on self-trade and Rs.69 on dealer-assisted trade would be imposed.
If a dealer places both leg intraday/delivery trades: Rs.138 would be charged (i.e. Rs. 69 on each leg)
If a dealer places a single leg delivery trade, he or she will be charged Rs.69 in addition to brokerage.
If a position is liquidated by the risk team, an additional fee of Rs.69 will be paid on each trade in addition to brokerage.
In case you wish to use our Call and Trade facility, you can call this number -1800 209 9191 from anywhere in India (Monday to Friday 8:00am to 6pm/11:30pm/11:55pm depending on the segment).
You will contact our Call & Trade desk, where you will be assigned a dealer.
You will be required to validate your identity and account information.
Your order will be placed by the team.
Your online account will be updated and the order will be visible.
The charges to trade from the call and trade desk are the same as stated above, in addition to the brokerage in the case of the Trade Free Max Plan.