kotak-stock-trading-account-features

Kotak Securities is one of the oldest names in the share broking business in India. This 100% subsidiary of the Kotak Mahindra group has made its presence felt in the share broking community, with over 870 offices spread across the length and breadth of the country. The company provides investment advice, based on the information provided by their research team, who burn the proverbial midnight oil, gleaning information from Macro Economic trends, equity data and company specific data. Other services include Company Fixed Deposits, Mutual Funds, Initial Public Offerings, Secondary Debt and Equity and Small Saving Schemes.

Kotak Securities provides a bouquet of stock trading accounts, which include online stock trading, Advance Fee Account, NRI Account along with customized Portfolio Management Services (PMS).

Advance Fee Account

The Advance Fee Account has been designed for the consistent investor, who can choose from plans starting Rs 1000 with 6 months validity to Rs 4000 with 6 months validity. The plan awards consistent investors, with extremely low charges, during the validity period.

Kotak Securities is one of the oldest names in the share broking business in India. This 100% subsidiary of the Kotak Mahindra group has made its presence felt in the share broking community, with over 870 offices spread across the length and breadth of the country. The company provides investment advice, based on the information provided by their research team, who burn the proverbial midnight oil, gleaning information from Macro Economic trends, equity data and company specific data. Other services include Company Fixed Deposits, Mutual Funds, Initial Public Offerings, Secondary Debt and Equity and Small Saving Schemes.

Kotak Securities provides a bouquet of stock trading accounts, which include online stock trading, Advance Fee Account, NRI Account along with customized Portfolio Management Services (PMS).

Advance Fee Account

The Advance Fee Account has been designed for the consistent investor, who can choose from plans starting Rs 1000 with 6 months validity to Rs 4000 with 6 months validity. The plan awards consistent investors, with extremely low charges, during the validity period.

Benefits of this plan

The Advance Fee Account has several benefits including zero account opening charges, low brokerage rates, news and market updates, call and trade facility, trading in currency derivatives, access to research reports, SMS Alerts and after market orders.

Additionally, this account has an inbuilt feature that allows the investor to continue trading even after exhausting the advance fee. The account also allows for the reversing of the Advance fee up-to the plan value. For example if the investor generates a brokerage of Rs 600, this amount will be reversed to the account, if the plan value is Rs 1000. However, if the brokerage generated is Rs 2000 and the plan value is Rs 1000 then only Rs 1000 will be reversed.

Fee Structure

There are no charges for opening the account. However the brokerage structure varies from plan to plan. Depending upon their requirements the investor can go for plan A with an Advance Fee of Rs 1000 or Plan B with a fee of Rs 2500, for high volume investors Plan B with an Advance fee of Rs 4000 is just perfect.