Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ...
Kotak Securities USP
What makes Kotak Securities different from the competition?
Can''t even get contract notes online for previous years. kotak charges Rs49 per contract note. website very slow. cash transferred on T+3 basis.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Below Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
I got a reply stating that the rates have been hiked on the basis of Company''s sole discretion,,,, how bad sole discretion without consideration for this investors.. very bady
Please see the Link http://www.kotaksecurities.com/landingpage/Minimum-Brokerage-FAQs.htm that i received from kotak. Brokerage costs would grow exponentially if this is implemented. It would kill small traders and investor population with Kotak. This kind of brokerage structure was the very reason why I had shifted few years ago from Angel Broking to Kotak. This brokerage structure would hurt sentiments of Small Investors and traders like me. See the increase in brokerage in terms of %.. This is bad news. Every trade has to be equal or more than Rs 7000 for a person whose brokerage is 30 Paise in Delivery to be able to skip this bad scheme.
What are the latest charges for following, I am planning to open a new account: 1. Account opening Trading/Demat/Savings) 2. Delivery/Intraday transaction charges 3. Yearly maintenance charges 4. Monthly maintenance charges 5. Any other charges?
We apologize that currently our Stock Trader mobile app isn''t available for Windows phones. However, we are constantly upgrading our software as per our customer needs. We thank you for showing interest in our services and we confirm that our technical team has been notified the same.
i am with kotak security with about 8 months. And my experience is a disaster from few days. pensioner attending calls are fools.do not have any experience, if u ask them to do some thing they will do some thing else. I don''t know why is the option of call and trade with those fools. And keat pro is a useless tool....really slow and defective many times.
Charges in comparison to others like ICICI Direct reasonable. Online connectivity reasonably reliable though few instances of internet connectivity failure between the server and the exchange observed. Customer service both offline and online is very good.
Ratings:
Brokerage - Above Average Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Excellent Overall Experience - Above Average
Brokerage - Above Average Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Above Average Overall Experience - Above Average
Kotak securites ltd service very good service becobrokrage pripaid plan and free toll free no is trading very esey but demat to bank money transfer very slow
Funds transfer from bank to kotak sec. and vice-versa is a big hassle. KS has introduced a new mechanism of code generator which we have to every time we put in a trade. We cannot be carrying this dongle wherever we go. The trade lines are always busy. The site is not user friendly. Finding the correct stock code itself is nerve cracking.
Ratings:
Brokerage - Below Average Account Maintenance Fees - Average Website Usability - Below Average Customer Service - Very Poor Overall Experience - Very Poor
Overall experience in Kotak securities is much better than ICICI securities. Only aspect which is not good is instant net worth stmt, instant ledger like stmt with both equity and mutual fund segments. currently they need to be accessed seperately. if it is integrated, one can instantly know how much he has invested in what form (equity, MF, cash etc), which is not available now.
Ratings:
Brokerage - Above Average Account Maintenance Fees - Average Website Usability - Above Average Customer Service - Above Average Overall Experience - Above Average
64. Pramod R. Waray|| Link|February 9, 2013 7:42:05 PMReply
DEAR,Sir mai ye jaan naa chahta hu ki put option ya phir call option ki sell & purchese ke liye A/C kinte rupee ki marzin honaa chahiye sir. kotak securities is best service good..
Hi All, Today I contacted a Kotak Securities agent to open a 3 in one account for my HUF. The representative sent by them advised me to open the 3 in account in my name and then get that converted to HUF. His logic is that doing this way the paperwork will be easy. Is this right way and what he is saying is possible
62. pramod R waray|| Link|January 12, 2013 12:39:44 AMReply
dear, mai apna a/c dekhna chahta hu ki wo kaisa dekhta hai ...Es ke liye kya karna hoga ..?
61. pramod R waray|| Link|January 12, 2013 12:35:21 AMReply
Hallo dosto maine new frish kotak mai demat a/c khola phele to waaha ke loog sir sir jaada english zhadte hai phir a/c open hone ke baad phone tak nahi lagaate ...phale to ye loog phone lagaa lagaa kar dimaak ka dahii banaa dete hai ..demat a/c open hone ke baad garib loogo ki khaber tak nahi lete bhai aur ulti siddi salaah dete hai .ye samjo bhai kul milakar ye bakwaas lagta hai aur mahga bhi hai yaar wahi waali baat ho gayi nagga naahayga kya nichoode kya waali thanks demat a/c baba