3.7/ 5Kotak Securities Brokerage Charges, AMC & Calculator
Bank-backed broker with the Kotak Neo app — ₹10 flat F&O orders and free API trading. Founded 1994, Mumbai · ~14 lakh active clients.
Quick answer
Kotak Securities charges 0.20% of trade value on equity delivery, ₹10 or 0.05% (lower) on intraday and ₹10 / order (flat) on F&O options. Account opening is ₹0 (free) and demat AMC is ₹0 (Trade Free plan). Rated 3.7/5, it's best for active f&o traders and kotak bank customers wanting a bank-backed broker.
Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.
Kotak Securities Charges — Brokerage, AMC & DP
Account opening
₹0 (free)
Maintenance (AMC)
₹0 (Trade Free plan)
Equity delivery
0.20% of trade value
Equity intraday
₹10 or 0.05% (lower)
Futures
₹10 / order (flat)
Options
₹10 / order (flat)
DP charges
₹15 + GST per scrip (sell)
Margin (intraday)
Up to 5× intraday (MIS)
Charges are indicative, compiled from Kotak Securities's published rate card (reviewed July 2026), and exclude statutory taxes (STT, exchange, SEBI, stamp duty, GST). Verify current rates on Kotak Securities's website.
Kotak Securities Brokerage Calculator
- Brokerage
- ₹402.00
- STT
- ₹201.00
- Exchange txn
- ₹6.17
- GST
- ₹76.21
- SEBI
- ₹0.20
- Stamp duty
- ₹15.00
- DP charges
- ₹15.00
Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.
Kotak Securities — Pros & Cons
Pros
- ₹10 flat F&O — half the usual ₹20
- Zero brokerage on API-based orders
- Backed by Kotak Mahindra Bank
- Seamless bank + broking integration
Cons
- Delivery charged at 0.20% after the first 30 days
- App heavier than a pure discount broker
- Cross-selling of bank products
Best for: Active F&O traders and Kotak Bank customers wanting a bank-backed broker. Kotak Securities supports Equity, F&O, Currency, Commodity, Mutual Funds, IPO on Kotak Neo App, Kotak Neo Web, Neo API.
Our Take on Kotak Securities
Kotak Securities brings a bank's backing to discount-style pricing through its Kotak Neo app, and in 2025 it moved aggressively on F&O: a flat ₹10 per order — half the industry's usual ₹20 — plus zero brokerage on API-based orders. The trade-off sits on the investing side: after a 30-day introductory period, equity delivery is charged at 0.20% of trade value, which makes buy-and-hold meaningfully costlier than at the free-delivery brokers. The seamless link between a Kotak bank account and the broking account is a genuine convenience; against that, the app is heavier than a pure discount broker's and there's the usual cross-selling. For active F&O traders and existing Kotak customers, it's compelling.
Compare Kotak Securities With Other Brokers
See Kotak Securities head-to-head — charges, brokerage and a live calculator for each pairing.
FAQs
Kotak Securities Charges — FAQs
For information only — not investment advice or a recommendation. OptionX is broker-neutral. Charges are indicative; confirm current rates with Kotak Securities before opening an account.
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