kotak-logo
Open Demat Account
For above 30 years of age

Trade Free Plan

Take advantage of our plan with Free account opening, ₹10 per order Brokerage on all intraday and ₹0 on stock delivery trades for first 30 days of account opening.

₹10
Per order on all Intraday Trades
₹0
Account Opening Fee
₹10
Per executed order Brokerage for F&O
Open Demat Account
Submit

Account opening fee

₹0

Switching fees for existing clients

₹499+GST

Brokerage and Interest Rates
Brokerage
Equity Intraday

₹0 per order for the first 30 days from account opening. Thereafter, ₹10 order or 0.05% per executed order, whichever is lower.

Stock Delivery

₹0 delivery charges for the first 30 days. 0.20% thereafter.

Futures & Options (Intraday & Carry Forward)

₹10 per order

API Based Trading

Zero API Charges

Zero Brokerage on all Trades Routed via API

All Liquid ETFs (Delivery Trades)

0.001% of the transaction value

All other ETFs (Delivery Trades)

0.05% of the transaction value

All Government Securities (G-secs)

0.01% of the transaction value

Interest Charges
Interest on Margin Trading Facility (MTF)

14.99% p.a. (0.041% per day)

Interest on outstanding debit balance

0.049% per day

Stock used as margin for derivative trades, if 50:50 cash and collateral

0.00%

If non cash collateral margin > 50%

8.99% p.a. (0.025% per day)

View value added features
To understand words click here to learn more
TRANSPARENT AND AFFORDABLE PLANS
Unlock the best value for financial growth
Select the plan that aligns with your financial goals and enjoy affordable access to our comprehensive trading features and tools.

Still have questions?

Trade Free Plan is a simplified brokerage plan offered by Kotak Neo. Here's what you get with this plan:

  • ₹0 per order for the first 30 days from account opening. Thereafter, ₹10 per order or 0.05% per executed order, whichever is lower.

You can enjoy Rs.10 per order brokerage for intraday trades across segments - Equity Derivatives (F&O), Currency and Commodity.

  • Equity Delivery Trades

₹0 delivery charges for the first 30 days. 0.20% of the transaction value thereafter.

  • Top Stock Picks

With the Trade Free brokerage plan, you also get access to in-depth research and stock picks from our experienced team of analysts.

₹0 per order for the first 30 days from account opening for Equity Intraday. Thereafter, Rs.10 per or 0.05%, whichever is lower per order for equity intraday and Rs. 10 for all carry-forward and Intraday F&O, Commodity & Currency trades for which you provide at least the exchange-prescribed margins.

Not at all. The choice to square off the trade is at your discretion. You can convert the order from intraday to delivery (Cash segment) or carry-forward (Futures & Options segment). To do so, you need to pay just a flat brokerage of ` 10 per executed order for Futures & Options position and 0.20% of the transaction value for Cash segment position.

This is a one-time subscription plan. It will remain valid until the plan is discontinued or you choose to switch to a different plan.

No, there are NO renewal fees for this plan.

For prospective customers, trade free plan is currently available only for Resident Indians (Individuals)

All existing customers are eligible to upgrade to the Trade Free Plan, except the following:

  1. Non Resident Indian (NRI) customers
  2. Customers who belong to 'Offline' customer type
  3. Franchisee Clients
  4. Non-Individual customers

A dealer-assisted trade is one in which the trade order is placed by a Kotak Neo dealer/customer service executive/ authorised person (AP) as instructed by the client. This would incur an additional feeof maximum `49. per executed order (Subject to maximum of 2.5% regulatory allowed brokerage).

Note: This additional fee will also apply to auto square off trades (positions closed by the system in case of high exposure trades, or liquidation by our Risk Management System due to any reason).

Expiry/exercise or assignment trades will be charged ` 10 per executed order.

If a position is liquidated by the RMS in case of margin or debtors shortfall , additional brokerage of Rs.100 per executed order will be charged over and above the brokerage rate.(Subject to maximum of 2.5% regulatory allowed brokerage)

These charges are waived off w.e.f. 1st April, 2025

Any request for activaton received before 3:30 PM on a working day would be processed the same day. Requests received after 3:30 PM on a working day, would be processed on the next working day.

Enjoy ₹0 brokerage on Equity Delivery and Intraday trades for the first 30 days from account opening. The offer is applicable only for new DIY account openings. After 30 days, Equity Delivery is charged at 0.20%, and Equity Intraday at ₹10 per order or 0.05% per executed order (whichever is lower).

  1. Brokerage change GTT orders placed by users directly through the Mobile App or Website will now not be charged minimum ₹49 brokerage. Brokerage has now been reduced and will be applied as per the user’s pricing plan for GTT orders placed via mobile and website. However note that order placed by client using NEST Terminal, will attract minimum brokerage of Rs.49

  2. Dealer-placed GTT orders via Nest Terminal If a GTT order is placed by a dealer on behalf of a client using the Nest Terminal, minimum ₹49 brokerage will continue to be charged, as earlier. Hence, the preferred and recommended flow is to request clients to place GTT orders directly via Mobile or Website.