Kotak Securities Spreads, leverage, minimum deposit Revealed

Kotak Securities Information

　　Kotak Securities is an unregulated Securities company registered in India that provides 4 major markets with various investment suites covering Equities, Indices, Mutual Funds, and IPOs. The broker also provides a Demat account, Kotak Neo App & Web, Nest Trading Terminal, and NEO Trade APls. Kotak Securities is still risky due to its unregulated status.

Is Kotak Securities Legit?

　　Kotak Securities is not regulated, making it less safe than regulated brokers.

What markets do Kotak Securities provide?

　　Kotak Securities offers four popular markets: Equities, Indices, Mutual Funds, and IPOs. The investment suite segment includes mutual funds, futures and options, IPO, exchange-traded funds, commodities, stockcases (Stock Baskets), currency, non-convertible debentures, and sovereign gold bonds.

Kotak Securities Fees

　　Kotak Securities charges the same fee which is ₹10 for per-order brokerage on all Intraday Trades and all carry-forward F&O trades and account openings fee-free. The Securities company roll outing Trade Free Pro plan with a stock delivery transaction fee of 0.1% is suited for traders who prefer lower interest rates in the Margin Trading Facility and leverage up to 4x on select stocks.

Platform

　　Kotak Securities supports platforms including 3 major product suites such as Kotak Neo App & Web, Nest Trading Terminal, and NEO Trade APls. API users place product types including Normal/Delivery, Cash and Carry (CNC), MIS, Intraday, and Cover Order (CO).