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Is Kotak intraday really free?
The plan is also known as FIT (Free Intraday Trading). It offers ZERO Brokerage on Intraday Trades. For all other F&O trades, the brokerage is charged at Rs. 20 per order.
Is Option Trading Free in Kotak Securities?
A futures contract is executed on the date agreed upon in the contract. On this date, the buyer purchases the underlying asset. Meanwhile, the buyer in an options contract can execute the contract anytime before the date of expiry. So, you are free to buy the asset whenever you feel the conditions are right.
What are the hidden charges in Kotak Securities?
They Charges 0.049 \% in terms of brokerage on the total Equity Delivery Trading value, Rs. 100 per lot in terms of brokerage on the total Equity Options, Rs. 70 per lot in terms of brokerage on the total Currency Options Trading value.
What is option intraday trading?
Intraday trading: Intraday dealing is where you buy and sell stocks within a single day. Before the market shuts, intraday dealers square out all of their bets. Options: Options are contracts that grant you the right to purchase or sell a stock on or before a specific date.
What is margin intraday?
Margin trading also refers to intraday trading in India and various stock brokers provide this service. Margin trading involves buying and selling of securities in one single session. This requires you to pay a certain amount of money upfront to the broker in cash, which is called the minimum margin.
What are the brokerage charges for intraday trading in Kotak Securities?
However, if you sign up for Trade Free Plan with Kotak Securities, forgo all brokerage charges for intraday transactions. All you have to pay is an annual fee of Rs. 499 and keep all the profits you make on your trades to yourself. With Kotak, you also get an option to convert to delivery at very nominal charges.
What is free intraday trading plan?
The plan name is FIT (Free Intraday Trading). It is also known as Rs 999 Unlimited Trading Plan. The plan offers unlimited intraday equity trading in segments like Equity Cash and F&O for a yearly fee of Rs 999. Segments which are not included in this plan are Equity Delivery, Currency, and Commodity trading.
What is Kotak Securities Unlimited trading plan?
Here are key facts about Kotak Securities Unlimited Trading Plan: The plan name is FIT (Free Intraday Trading). It is also known as Rs 999 Unlimited Trading Plan.
Which broker offers free brokerage in intraday trading in India?
Kotak Securities is a full-service broker which offers free brokerage in intraday trading after you pay Rs 999 every year. They have a plan called FIT i.e. Free intra day trading under which you can do day trading brokerage free at the above mentioned cost.