Kotak Securities
Kotak Securities, founded in 1994 and headquartered in Mumbai, Maharashtra, is a large financial services company specializing in equity investment, online stock trading, and sector-specific research studies. The company serves over 4.8 million customer accounts and offers a wide range of trading tools, investment products, and specialized plans for different age groups.
Company Overview
Kotak Securities operates in the Financial Services industry and was founded in 1994. With a team size of 6,761 employees, it is classified as a very large enterprise. The company is headquartered in Mumbai, Maharashtra, India, and serves over 4.8 million customer accounts. It has a presence in over 310 cities across India, providing a wide range of financial services and products.
Services Offered
Kotak Securities specializes in equity investment and online stock trading. It offers a comprehensive suite of trading tools and platforms, including KEAT Pro X and TradeSmart Terminal. The company provides various plans such as the 'Trade Free Plan' for individuals over 30 and the 'Trade Free Youth' plan for those under 30. Additional services include margin trading, portfolio management for high net worth individuals, and retail asset services like IPO financing and ESOP financing.
Research and Education
Kotak Securities has a dedicated in-house research division that publishes sector and company-specific studies to assist investors in making informed decisions. The company conducts webinars and podcasts aimed at enhancing financial knowledge and providing market insights. This commitment to education helps clients navigate the complexities of trading and investing.
Investment Products
The company offers a wide array of investment products, including direct equity, equity mutual funds, and structured products like Nifty Linked Debenture. It also provides debt products such as debt mutual funds, bonds, and fixed maturity plans. Additionally, Kotak Securities offers insurance products, including ULIP and term plans, catering to diverse investment needs.
Trading Features
Kotak Securities provides a currency trading platform with features like order slicing and basket orders. It offers zero transaction costs for unlimited intraday trading in currency derivatives and margin trading with leverage up to 4x. The company also provides cash-settled contracts for currency futures and options, enhancing trading flexibility for its clients.