Suppose you are looking for the best online stock trading app that gives you access to multiple intraday trading options, delivery trades, mutual funds, and IPOs with zero brokerage charge. In that case, Kotak Securities can be the best choice for you. Basically, with Kotak Securities, you can open a free Demat account online. Opening a Demat account with Kotak Securities helps you get benefits like daily investment and trade ideas, improving your trade skills with complete courses, the buy now pay later option, and the ability to trade from any device as per your convenience.
No Brokerage Plan is a newly established brokerage plan aimed toward young traders under the age of 30. It provides no brokerage in all sectors. The following are the fees and rates: –
- Intraday brokerage charge is zero in all sectors.
- Shipping and handling (Equity & Commodity): 0
- Carry forward (Futures/Options/Currency/Commodity): 0
- MTF rate of 0 – 12.49 percent each year
- DP AMC: 0 – 12.49 percent each year
- DP costs are 0.04 percent or Rs. 20. (whichever is higher)
You can sign up for the No Brokerage Plan using the website or app. However, you have to be a client of Kotak. If you are a current client and also want to register for the NO Brokerage plan, please follow the procedures below:
- Go to www.kotaksecurities.com
- Log in to trade –
- Choose New items
- Click on NO BROKERAGE PLAN
- SUBSCRIBE NOW
- Finally, click on CONFIRM.
You can also opt-out of the plan. You have to click on (the pre-login NO Brokerage Plan link). You may also subscribe to the ‘Trade Free Plan’ or ‘Trade Free Max’ plans via the website and mobile app as an alternative. You can contact Kotak Securities’ Customer Service if you wish to subscribe to a different plan.
The Kotak Stock Trading App is a genuine trader’s app, allowing the users to continue trading in stocks, the money market, and derivatives. The simplicity of use and proficiency provided by Kotak Securities’ online trading app makes it the best online trading app. Moreover, it benefits the trader by providing intriguing features such as portfolio tracking, diverse securities, and an excellent trading experience. In addition, live streaming provides real-time market information. Kotak Securities is a well-known company that supplies stockbroking services.
If you don’t know about the safety of using this app, here are some of the facts regarding this app that will make you understand how safe this app is.
- The app is based on Kotak Securities’ current order routing system.
- Client ID and two tiers of passwords, respective website passwords, and security key codes, are used to authenticate customers.
- The specifics of the session are not saved on the mobile device. As a result, every time the user tries to use the app, he must enter his User ID and password. It increases the security level if your phone is lost.
- If no activity is performed, each session on the website lasts 15 minutes.
- The data flow between the application and the Kotak Securities Order routing system is encrypted using the business security protocol HTTPS (HTTP over SSL/TLS). AES-128 bit encryption is the greatest level of encryption offered.
- The current backend support systems are utilized here, and risk management and other customer-related problems.
You may use Kotak Stock Trader to
- View live quotations for the stock of your choosing.
- View the Sensex and Nifty levels to track live market activity.
- Look at intraday charts.
- Make your watch-lists
Furthermore, if you have a trading account with Kotak Securities, you can
- Trade stocks, derivatives, and currency derivatives.
- Look at your day’s situation.
- Examine the status of orders and trade reports.
- Monitor the performance of your portfolio in real-time.
- Examine the account’s available margin.
- Orders that are in the process of being modified or canceled can be modified or canceled.
To use the Kotak Stock Trading app on your phone, follow the three simple steps below. First, download and install the app on your device. Then, log in to the application with your user ID, password, and 6-digit security code. You are ready to trade now.
If you are not a customer of Kotak Securities, then you have to download and install the app on your device. Then, fill out a short form to register in the app and quickly get a User Id and Password. Then, log in to the app with the User Id and Password you created during registration. You can start using the app for trading now.