What is the Trade Free Max Plan and what are the charges?

Trade free Max is a brokerage plan that gives you 2 key benefits:

  1. Competitive Margin Trading Facility interest rates which helps you increase your buying power through Margin Trading Facility*
  2. A brokerage cashback that will give you more than what you’ve paid for!

*Margin Trading Facility lets you buy select stocks by paying only a fraction of the total amount; the rest being paid by Kotak Securities at a very nominal rate of interest.

The charges are as follows:-

  • Account opening fee – ZERO

  • Plan subscription fee - Rs. 2499 + GST

  • Brokerage cashback benefit - Rs. 3499 for upto 90 days

  • Plan Validity – 1 year

  • All Intraday trades - ZERO brokerage

  • All the carry forward Futures & Options, Currency and Commodity transactions - Rs.20 flat per executed order.

  • Equity delivery - 0.25% or Rs.20 (whichever is higher) of the transaction value.

To know about the all charges and Interest rates on outstanding balance, please click here