KOTAK WAVE mobile app

KOTAK WAVE mobile app

What is Kotak Wave ?

Wave app is a mobile trading app from Kotak Securities for Offline (type)
customers who trades on ODIN OMS/RMS, which provides you with
hassle free investing and trading in equity, derivatives, currency and commodity.

Smart Features

Monitor the markets with Watch-list

Place orders in a jiffy

Simplify how you track scrips

Transfer funds without a glitch

Track your order book

Portfolio Holdings

Kotak Wave Video

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Frequently Asked Questions

Wave app is a mobile trading app for Offline (type) customers who trade on ODIN OMS/RMS. It provides you with hassle-free investing and trading in equity, derivatives, currency, and commodity. With our Kotak Wave mobile app, you can access stock markets anytime anywhere, and place your trades on the go. It’s simple and hassle-free.

Offline customers of Kotak securities (Excluding NRI).

Since this is a whole new app; you will need to enter the user id and password in the app that has been provided to you. To login to the new Kotak Wave app please follow the instructions given below.

  • Click on the login button and complete the one-time activation process.
  • Read and accept the disclaimer by entering the 6 digit OTP i.e. Alphanumeric.
  • The first 3-digits of the OTP will be sent to your registered mobile number.
  • The last 3 characters of the OTP will be sent to the registered email id.
  • Combine both these OTP’s and enter the 6-digit OTP. Click on submit button.
  • Post this, your PIN request will get captured

Once validated successfully, you will have to re-login using your username and password. Now you can follow the normal login process. Log in using your username and password. Generate and enter 4 digit OTP which will be sent on your registered mobile number and email id. Enter the 4-digit OTP to complete the login process.

Kotak Wave App is available for the IOS and Android version. You can download the app through the Google play store or app store.

Yes, you can. There are two ways to change your password through the KotakWave app:

a)Click on ‘Preference’ from the menu options to change the password.
b)Set up a new password directly from the login page.

You can set up a new password instantly by following these steps:

  • Click on the ‘Forgot password’ link on the login screen of the KotakWave app.
  • Enter your User ID and select ‘Authenticate by OTP validation’.
  • Enter the 4-digit OTP that is sent to your registered mobile number and email ID.
  • Click on the Submit button.
  • Upon successful OTP validation, we will send a temporary password to your registered email ID.
  • Use this temporary password to log in.
  • Set up a new password to ensure enhanced security for your account.

Yes, you can place the After Market Orders (AMO).

KotakWave allows you to trade in the NSE Cash, NSE Futures & Options, NSE Currency, Commodities, and BSE Cash segments. You can use the app to trade in both delivery and margin products. You can also place regular (limit), market, and stop loss orders through KotakWave.

Click on ‘Funds’ under the menu option and then select ‘Limits’. This will display the funds available in your trading account.

Go to ‘Funds’ under the menu options. Then click on ‘Fund Transfer’ to move funds into your account.

Yes, you can. You can create multiple watchlists of your choice by clicking on ‘View profile’ from the watchlist customisation options. Enter a name for your customised watchlist, search for your desired stocks, click on the plus sign, and then select ‘Add to watchlist’.

Yes, you can trade stocks and view quotes though the watchlist. Select the ‘Buy or Sell’ option alongside the stock you wish to trade. This will redirect you to the order placement page.

Click on ‘Net positions’ to view all your open and closed positions. You can also square off and convert positions here.

To view the quotes for a particular scrip, select the scrip from your watchlist and click on ‘Quotes’. You could also search for the scrip by clicking on the search icon at the top-right corner of the screen and entering the scrip name. A pop-up window will appear with the scrip details. You can now click on the ‘Quote’ option to buy or sell the stock, view market depth, and study market charts.

To get a comprehensive view of your portfolio, click on ‘Portfolio holdings’ from the menu options. This will display all your holdings under asset classes like equities and derivatives.

Currently, you cannot invest in equity SIPs, mutual funds, and IPOs or trade bonds using the KotakWave app. You can only invest in and trade equities, derivatives, currencies, and commodities.

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