What are the charges while trading from Call & Trade Desk /Dealer in the Trade Free Plan?
A dealer assisted trade is one in which a Kotak Neo representative places a trade on your behalf as per your instructions.
This would incur an additional fee (over and above brokerage) which is as follows in case of Trade free plan:-
- If one leg Intraday trade placed by a client and 2nd leg through a dealer : Rs.20 on self-trade and Rs.70 on dealer assisted trade will be charged
- If both leg intraday/delivery trades placed by a dealer : Rs.140 will be charged (i.e. Rs. 70 on each leg)
- If one leg delivery trade is placed by a dealer : Rs.70 will be charged in addition to brokerage.
- If position is liquidated by the risk team : Rs.70 will be charged on each trade in addition to brokerage.
A call & trade desk is a facility where a client can get his/her orders placed through a dedicated team by calling on 1860-266-9191.
A client can even get his/her orders placed through the dealer as well.
Using the Call & Trade is very simple.
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Call our Call & Trade number on 1800 209 9191(Monday to Friday 8:00am to 6 pm/and for commodities segments till 11:30pm) from anywhere in India
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Once connected, you will be allotted a dealer.
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You will have to verify your identity and account details.
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Our team will place your order.
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Your online account will be updated and show the order.
The charges to trade from call & trade desk is same as above in addition to the brokerage in case of Trade Free Plan.
Or if you are already in touch with your dealer - You can even get orders placed through directly your dealer.
Or you can email Customer Service on: service.securities@kotak.com to find your dealer details.
Why is brokerage charged multiple times under the Trade Free plan when a single F&O order is executed in multiple trades?
What are the charges for availing call & trade facility?
Is Trade Free Plan available for customers who switch to Neo?
What is the Interest rate in case of ‘Stock used as margin for derivative trades’ in the Trade Free Plan?