Kotak Securities Review, Rating and Brokerage Charges

Some Important Key Points about this Broker:

Broker Name Kotak Securities
Official Website Link kotak
Incorporated | Membership Details ........
Registered Head Office Address ........
Customer Care Number and Email ........
Supported Exchanges ........
CEO & Founders ........
Instant online A/C Opening ? ........
Account Opening Charge ........
Annual Maintenance Charge ........
Equity Delivery Brokerage ........
Equity Options Brokerage ........
Equity & Future Intraday Brokerage Regular Broker
Important Brokerage Plans ...........
Leverage | Exposure Details .........
Commodity Brokerage ...........
Free Equity Investment No
Allow Mutual Fund Investment ? Yes
DP Transaction Charge .............
Digital Contract Notes by Email Yes
Available on Platforms ...........
Research Reports | Intraday Tips Yes
Other Services Offered by Broker ...........
Stock Market Education Tutotials ............
Currency Future Brokerage ..............
Currency Option Brokerage ............
Daily Online Trades Reports .............
Branch Offices ...........
Call & Trade Charge ...............
Other Charges Details (if any) ..............
3-in-1 Account ..............
Average Number of Active Clients ..........
Latest Info. on Complaints % at NSE ..........
Stock Market No
NRI Investing and trading Yes
IPO Facility Yes
Overall Score ...........

Pros

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Cons

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Kotak Securities Review(2020)

Kotak Securities Ltd, a well know broker house is a  subsidiary of Kotak Mahindra Bank was set up in 1994. They offer stock broking services and distributes financial products in India. They have 1200+ branches, franchisees and satellite offices offers services to 12 Lakh customers. They are associated with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL)..

 

 

Broker's Rating by Users
[Total: 69 Average: 2.6]
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  • Very bad brokerage services
    This form deduct amount automatically for my account without anyone trade really very bad service
    5paisa is very good

  • Very bad & disgusting consumer services in all forms.They will not solve any of the problems of any sort.Only focuses on higher brokerage & keep clients under there foot

  • Kotak Security has Extremely terrible service
    No support from customer care at all
    They will drop your call when they have no answer and more importantly their branch manager doesn’t have landline number which is ridiculous

  • They have a pathetic service, initially they told me low brokage but charged very high when I started trading and received transaction statement. Now since last 2 days I made 10 calls to them and everytime they keep saying Sir will call you in 30 minutes.
    Please don’t open demat account with them.

    • Thank so much for warning. Till now i got around 10calls from them but unfortunately I couldn’t take their calls.

  • 1-The brokerage is high.
    2-amc are not uniform. the investor who has low no of tradings they charge the highest tariff
    3-on and above they charge the NSDL CLEARING CHARGES

  • KOTAK securities personal contact is poor.Phone goes on ringing .One is kept waiting for long periods.

  • Worst experience of trading.
    Execution of sell when you don’t have share quantity in account & no intimation of same.

  • Worst experience with kotak securities.high brokerage charges. Just for 3 transactions from 1 year they put -1900₹ charges. even after I sale my shares it showing -1900₹ don’t use it.

  • kotak securities sabse gatiya hai kbhi sarwar down kbhi fund gayab customers caer sarvies bhi gatya👎👎

  • Very poor service and there are unwanted and several hidden charges for which no response is given by customer care centre in addition charges in option trading is too high I have made a profit rs1400 but more than 30% was deducted from this profit since than no trade was made by me

  • I agree with people who have worst experience. They have all support level like contact no email chatbot escalation. but they are only for show. You will not be redressed anyway. i have not done single transaction since nearly 2 years. Now thinking of moving to another broker with the understanding that i would get best service. Suggest me a good broker who is simple and straight forward ,

  • Horrible request never to go for kotak securities.Highest charges will charge interest and zero service you will find it difficult to close

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