Kotak Securities review
Independent review of Kotak Securities — brokerage, app, account opening, customer support and the kind of investor it actually fits. Kotak Securities (broking arm of Kotak Mahindra Bank) operates on the Kotak Neo platform with four plans: Trade Free (0.20% delivery, ₹10 per order intraday and F&O), Trade Free Youth for under-30s (free delivery), Trade Free Pro (₹249/month, 0.10% delivery), and Dealer-Assisted (0.20% delivery, 0.02% intraday/futures, ₹35 per lot options).
Brokerage at a glance
Headline brokerage on the default Kotak Securities trade free plan plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Kotak Securities
Kotak Securities (broking arm of Kotak Mahindra Bank) operates on the Kotak Neo platform with four plans: Trade Free (0.20% delivery, ₹10 per order intraday and F&O), Trade Free Youth for under-30s (free delivery), Trade Free Pro (₹249/month, 0.10% delivery), and Dealer-Assisted (0.20% delivery, 0.02% intraday/futures, ₹35 per lot options). Trade Free plans charge F&O per executed order, not per lot.
Opening a Kotak Securities account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at www.kotaksecurities.com.
Alternatives to Kotak Securities
See the full ranked list of every retail broker in India on the stock brokers in India page. To compare exact landed cost on a typical trade, use the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Kotak Securities.
Kotak Securities is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Compare the live brokerage and statutory charges on the Kotak Securities brokerage calculator before deciding.
Equity delivery is 0.2%. Equity intraday is ₹10 / 0.05%. Equity options is Flat ₹10. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Kotak Securities is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
The app covers order placement, watchlists, holdings and statements.. For a full feature list and download links see the Kotak Securities app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://www.kotaksecurities.com.
Discount brokers comparable to Kotak Securities include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.