Kotak Neo

Tech-first low-cost broking platform

Overview

Established in 1994, Kotak Securities Ltd is a comprehensive stock broker providing a 3-in-1 account (Bank + Trading + Demat Account) to individual investors in India. The company facilitates investment in equities, derivatives (equities, commodities, currency) and mutual funds. Additionally, it offers features such as Research SMS, margin trading, depository services, and third-party products like insurance. The firm also provides direct access to the US markets. As a subsidiary of Kotak Mahindra Bank, one of India's prominent private banks, Kotak Securities operates with a strong foundation.

Kotak Securities delivers its services through an extensive network of 150+ branches and 1300+ franchisees spanning 360+ cities.

Kotak Securities Registration & Details

Metric	Value
SEBI Registration	INZ000200137
NSE Member Code	08081
Net Worth (₹ Crore)	8375.27

Kotak Securities Unique Selling Points (USP)

What sets Kotak Securities apart from its competitors?

25+ years of industry expertise
Backed by the renowned Kotak Mahindra Bank
Provides a convenient 3-in-1 account (Bank + Trading + Demat Account)
Extensive physical presence in 393 cities
Offers complimentary Technical, Fundamental, Derivatives, Macro-economic and mutual fund research
Features diverse brokerage plans tailored to individual needs

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

By opening a 3-in-1 account, you can benefit from:

Brokerage – Rs 10 for intraday trades (Equity and F&O)
Flat Rs 10 per trade brokerage in F&O
Zero API charges with zero brokerage on API-routed trades
Margin Trading Facility (MTF) with interest starting from 0.041% per day

Account Types

1. Trinity Account (3-in-1 Account)

The Kotak Trinity account, also known as a 3-in-1 account, combines a savings bank account, a trading account, and a Demat account, providing a streamlined and convenient trading experience for investing in IPOs, bonds, ETFs, ESOPs, derivatives, and equities.

2. 2-in-1 Account

The Kotak Securities 2-in-1 account is a combined trading and Demat account, allowing investors to link their existing external bank accounts.

3. Private Client Group

The Private Client Group is a specialized service designed to meet the needs of high net worth individuals, offering a broad range of products, a dedicated relationship manager, and in-depth market research.

4. NRI Account

Kotak's NRI account enables non-resident Indian investors to participate in the Indian stock market. The 3-in-1 NRI account provides the benefits of a savings account, a trading account, and a Demat account, allowing NRI investors to trade in bonds, ETFs, ESOPs, equities, derivatives, and more.

Feature	Trade Free Plan	Trade Free Youth Plan	Trade Free Pro
Description	Brokerage of Rs 10 per order on intraday trades and 0.20% on stock delivery trades	Investors or traders under 30 years of age pay zero brokerage on stock investments	Up to 4x leverage with our Margin Trading Facility (MTF) at a low interest rate of 9.75% Interest p.a. for MTF
Account Opening Charge	FREE	Rs 99	Rs 0
Plan Charges	Rs 499 + GST (one-time) - switching fees apply for existing holders	Rs 499 + GST (one-time) - switching fees apply for existing holders	Rs 249 + GST monthly - subscription fee
Intraday Brokerage Rate	Rs 10 per order or 0.05%, whichever is lower	Rs 10 per order or 0.05%, whichever is lower	Rs 10 per order or 0.05%, whichever is lower
Equity Delivery Charge	0.20%	FREE (all segments)	0.10%
Carry Forward Fee (all applicable segments)	Rs 10 per order	Rs 0 per order	Rs 10 per order
Interest on Margin Trading Facility	0.049% per day	0.041% per day	9.75% p.a for MTF; 0.049% per day on outstanding debit balance
Interest on Stock Used as Margin for Derivative Trades	0.00% - if 50:50 cash and collateral; 0.025% per day (8.99% annually) - if non-cash collateral margin > 50%	0.00% - if 50:50 cash and collateral; 0.025% per day (8.99% annually) - if non-cash collateral margin > 50%	0.00% - if 50:50 cash and collateral; 0.025% per day (8.99% annually) - if non-cash collateral margin > 50%
Demat AMC Charges	BSDA Client: Rs 100 +GST p.a (if Rs 4-10 lakhs); Rs 50 +GST per month (if > Rs 10 lakhs). Non BSDA Client: Rs 0 (if ≤ Rs 1000); Rs 50 +GST per month (if > Rs 1000)	Rs 0	BSDA Client: Rs 100 +GST p.a (if Rs 4-10 lakhs); Rs 50 +GST per month (if > Rs 10 lakhs). Non BSDA Client: Rs 0 (if ≤ Rs 1000); Rs 50 +GST per month (if > Rs 1000)

Segment	Margin	Leverage
Equity Delivery	100% of trade value for T+5 days	1x
Equity Intraday	Up to 20% of trade value	5x
F&O (Equity, Currency and Commodities)	100% of NRML margin (Span + Exposure + Delivery margin)	1x

Segment	Margin/Leverage
Currency Futures Margin	Trade Value = Upto 40x
Currency Options Margin	Buy - Premium = 1x; Sell - Notional Value = Upto 40x
Commodity Futures Margin	Trade Value = Upto 8x
Commodity Options Margins	Buy - Premium = 1x; Sell - Notional Value = Upto 6x

Rating Category	Score
Overall Rating	2.4/5
Fees	2.4/5
Brokerage	2.3/5
Usability	3.2/5
Customer Service	2.8/5
Research Capabilities	2.7/5

Exchange	Financial Year	Number of Clients	Complaints	%
BSE	2025-26	487,785	23	0.0047%
NSE	2025-26	1,368,501	644	0.0471%
BSE	2024-25	653,573	73	0.0112%
NSE	2024-25	1,484,038	1,065	0.07%
BSE	2023-24	435,352	54	0.01%
NSE	2023-24	1,248,531	610	0.04%
BSE	2022-23	243,331	25	0.01%
NSE	2022-23	923,785	605	0.06%
BSE	2021-22	210,315	36	0%
NSE	2021-22	1,256,001	393	0.03%

Frequently Asked Questions

1. How to close Kotak Securities account?

Kotak Securities account can only be closed through the offline process by following the below steps:

Visit Kotak Securities website
Go to Help Section and click on forms
Click on Common Ac Closing -Individual-Resident
Fill the account closure form with the account holder's name, address, DP ID, Trading Code and Contact No.
Submit the form, unused Delivery Instruction slips (DIS), along with KYC documents (ID and address proof) to the nearest branch

It takes around 7-10 working days to close Kotak Securities account after form submission.

Before initiating the account closure, ensure the below points are taken care of:

Settle all the payments before closing the account
The Demat account must not have any holdings. If you have any shares in your account, you need to transfer them to another Demat account. In such cases, you need to submit a filled DIS and the original stamped and signed client master list (CML) of the target DP along with the account closure form
In the case of a joint account, all account holders must sign the closure form

2. Is Kotak Securities good?

Kotak Securities is a SEBI registered broker and a member of NSE, BSE, MCX, NCDEX, offering a wide range of investment opportunities to its investors across Equity, F&O, Currency, Commodity, IPO, Mutual Funds, NCD, Sovereign Gold Bonds, Tax-free Bonds, and Stock Lending and Borrowing.

Kotak Securities is a full-service broker known for its research services, personalized services, online and offline support, and robust technology that offers a seamless trading experience to its users.

The company offers a choice of brokerage plans to investors based on flat-fee and percentage price models. It also provides a Margin Trading facility and margin against shares.

3. How do Kotak Securities works?

Kotak Securities is one of the largest SEBI registered full-service brokers in India. The company provides trading and research services to both retail and institutional investors.

The company offers to open only Demat account, 2-in-1 account, or 3-in-1 account (Trinity account) as per your choice with multiple brokerage plans. Kotak Securities also provides NRI account services for people living outside India.

Kotak Securities has a robust mobile, web and desktop trading platform for a wide range of investments and trading services like Stocks, IPOs, Mutual Funds, and Currency Derivatives. The company also offers direct investments in US stock markets and many other value-added services like Margin Trading facility, margin against shares, portfolio tracker, Capital gains tracker, API trading, and much more.

4. What does Kotak Securities do?

Kotak Securities is a full-service broking firm providing trading, investment, and research services to Retail Individuals, High Net Worth Individuals, NRI, Corporate clients, and Foreign Investors.

Kotak Securities is a one-stop-shop that offers investment opportunities across multiple asset classes like Equity, F&O, IPO, Mutual Funds, Currency, Commodities, Sovereign Bonds, US Stocks, Tax-Free Bonds, NCD, and much more. The company provides online as well offline support to its customers. It also offers many value-added services like Margin Trading Facility, Margin against Shares, BTST, Portfolio Tracker, etc.

Research & analysis is one of the key offerings of Kotak Securities. The company has a strong research team that provides technical & fundamental analysis to its customers for an informed investment.

5. How to close Kotak Demat and trading account?

Kotak Demat and trading account closure is an offline process and cannot be closed online.

Steps to close Kotak Securities Demat & trading account:

Download the Demat & trading account closure form
Fill in account holder details
Mention the reason for the closure
Enter the Trading account and DP account details
Provide the contact number
Get it signed by all the account holders
Courier the form to the address on the form

Points to note:

In case you want to transfer securities from your existing account to some other account, you will have to fill the DIS (delivery instruction slip) along with the documents to the branch office
Please make sure that there is no negative balance in your account before requesting account closure
If you have any Mutual Funds in your account, either redeem or convert them offline

6. How to activate Kotak Securities account?

Kotak Securities account activation is an online process that can be done through mobile or web platforms.

After registering with Kotak Securities, customers need to activate their accounts. The account-related information gets sent to the customers on their registered email id.

Steps to activate Kotak Securities account:

Go to the 'login account activation' page of Kotak Sec website or click on Activate Account in Kotak Securities Mobile App
Enter your User ID and Password
Input the account Activation Pin
Provide your 'Old Password' and your 'New Password'
Confirm the new password
Read and accept disclaimers
Answer any two security questions
Confirm your contact details
Click on 'Submit'
'Agree' to the Terms & Conditions of the account

Once your account gets activated, you can log in to your account and start trading.

7. How to open an account in Kotak Securities?

Kotak Securities offers fully digital account opening.

Steps to open Kotak Securities account:

Visit Kotak Securities website
Register and verify your mobile number and email id
Provide your basic and identity details
Upload KYC details
E-sign the form digitally to open an account

Alternatively, you can visit the nearest Kotak Securities branch, or initiate a live chat with the Kotak Securities Customer Support desk and click on Open an account or drop a message on WhatsApp No. 77389 88888 to seek assistance and guidance on account opening.

You need to keep the following documents ready to open your account quickly:

Pan Card
Address Proof
Bank Statement
Aadhar Number

8. How to activate derivatives in Kotak Securities?

You can activate derivatives in Kotak Securities online or offline by submitting the segment activation form.

Steps to activate derivatives in Kotak Securities online:

Log in to your Kotak Securities mobile app
Click on More at the bottom of the screen
Click on Service & Support
Select Service Request
Click on Proceed under Segment Activation
Enter your annual income range and frequency for settlement of the account
Upload income proof
Click on the button against Equity Derivatives and Confirm

Alternatively, you can download the Segment Activation Form from the Kotak Securities website and submit the duly filled form along with income proof at the nearest branch.

9. What is Kotak Securities brokerage charges?

The brokerage charges of Kotak Securities differ based on the chosen plan. Refer to the brokerage plans table above for detailed information on all three plans: Trade Free Plan, Trade Free Youth Plan, and Trade Free Pro.

All charges are inclusive of GST and subject to change. Please refer to the official Kotak Securities website for the latest and most accurate information.

Kotak Neo

Overview

Kotak Securities Registration & Details

Kotak Securities Unique Selling Points (USP)

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Account Types

1. Trinity Account (3-in-1 Account)

2. 2-in-1 Account

3. Private Client Group

4. NRI Account

Kotak Securities Brokerage Plans

Kotak Securities Online Account Opening

Kotak Securities Trading Platforms

1. Website Based Trading

2. Mobile Stock Trading

3. Trade API

4. Desktop

Promotional Offer

🚀 Open Your Kotak Securities Account Today!

Kotak Securities Pros and Cons

Pros (Advantages)

Cons (Disadvantages)

Kotak Securities Margin Exposure

Currency and Commodity F&O Margins

Kotak Securities Ratings

Kotak Securities Complaints