Kotak Securities launches commerce plan with free brokerage for intraday buying and selling Kotak Securities additionally said that it might supply MIS and tremendous a number of (cowl order) at Rs 20 per order. It mentioned that it might permit shoppers to make use of shares as margin as a substitute of money margin.Kotak Securities on Thursday mentioned that it might cost zero brokerage to shoppers for intraday trades. For all different futures and choices trades, the brokerage said that it might cost Rs 20 per order throughout all derivatives segments which consists of equities, commodities and currencies.Kotak Securities additionally said that it might supply MIS and tremendous a number of (cowl order) at Rs 20 per order. It mentioned that it might permit shoppers to make use of shares as margin as a substitute of money margin. Additionally, it might present buyer satisfaction assure underneath the Commerce Free Plan, which signifies that if the client shouldn’t be happy with the companies then they will inside one month of account opening ask for refund of charges and brokerage.With this new plan, the inventory dealer has allowed clients to open a broking account in simply 60 minutes and begin buying and selling on the identical day. The Commerce Free plan can be supplied to potential clients at a one-time account opening charge of Rs 499 excluding GST. The brokerage said that present clients may go for the plan with the identical charge.Jaideep Hansraj, managing director and CEO, Kotak Securities, mentioned, “We provide a number of customised brokerage plans with various options to go well with the buying and selling and investing wants of various clients.“For instance, one in every of our fashionable merchandise referred to as ‘Money Again’ which has a price of 0.49% for supply and Intraday is 0.049% moreover choices which is at Rs 300 per lot.“As you may see, the Commerce Free Plan is considerably completely different from Money Again and different Kotak Securities choices.”Going ahead, the brokerage additionally disclosed its plans to supply companies that might allow its shoppers to spend money on worldwide markets which it might announce within the subsequent ten days.Kotak Securities said that it might present these companies in partnership with one other agency.Get stay Inventory Costs from BSE, NSE, US Market and newest NAV, portfolio of Mutual Funds, calculate your tax by Revenue Tax Calculator, know market’s High Gainers, High Losers & Greatest Fairness Funds. Like us on Fb and observe us on Twitter.Monetary Categorical is now on Telegram. Click on right here to hitch our channel and keep up to date with the newest Biz information and updates. By bhagat|2020-11-20T03:52:48+05:30November 20th, 2020|Categories: Latest News|Tags: intraday trading, Kotak securities, kotak securities free trading, kotak securities trade plan|0 CommentsShare This Story, Choose Your Platform!FacebookTwitterRedditWhatsappTumblrEmail Related Posts Recruitment examination racket busted, 2 Delhi cops amongst 9 held Gallery Centre might purchase over 300 million Covishield doses by July 2021: Adar Poonawalla Gallery When will India get coronavirus vaccine? PM Modi seems to be for reply in whirlwind evaluate; particulars right here Gallery ‘Prepared to speak’: As offended farmers camp at Delhi borders, Dwelling Minister Amit Shah reaches out Gallery Protests over safety invoice deliberate throughout France Gallery Leave A Comment Cancel replyYou must be logged in to post a comment.