Kotak Securities
About Kotak Securities
Kotak Securities, part of the Kotak Mahindra Group, offers free trading through its Neo plan. The Kotak Neo platform provides a modern interface with advanced charting, making it competitive with discount brokers while maintaining full-service capabilities.
Brokerage Charges
Equity Delivery
Free*
Equity Intraday
Free*
Account Opening
INR 0
Account Maintenance
INR 600/yr
Key Details
| Broker Type | Full Service |
| Founded | 1994 |
| Headquarters | Mumbai, India |
| Trading Platforms | Kotak Neo, Web |
| Segments | Equity, F and O, Currency, MF |
| User Rating | 4.4 / 5.0 |
Pros & Cons
Pros
- Free trading with Neo plan
- 3-in-1 Kotak Bank account
- Advanced Kotak Neo platform
- Strong research and advisory
- Free mutual fund investments
Cons
- Free plan has conditions
- Legacy plans are expensive
- Limited commodity segments
- Annual maintenance charges
- Some features behind paywall