Can any one Who are using Kotak securities 999 please reply on the break up charges (STT, other charges, etc) for one lot futures intraday traded

#1
Hii friends , can any on please reply on charges made by Kotak securities new 999 plan (free brokerage ) for one lot futures trading intraday . I contacted their customer care but no clear answer from them. Many of them say there are hidden charges . So pls if any one using this plan can give an example of break up charges for one lot of any future which they traded intraday
 
#2
"Other charges" are very high in Kotak.

For equities cash market, total charges = STT + 0.02 + Service tax
= STT + 0.0236

I have never used Kotak 999 plan for derivatives and so don't know the exact charges, but I think it must be same as for cash market.

Others like RKSV are much cheaper.
 
#3
"Other charges" are very high in Kotak.

For equities cash market, total charges = STT + 0.02 + Service tax
= STT + 0.0236

I have never used Kotak 999 plan for derivatives and so don't know the exact charges, but I think it must be same as for cash market.

Others like RKSV are much cheaper.
Thank you )
 
#4
i hv opened account with them for trading in options.. i choose FIT (free intraday trading)
with zerodha i was paying 50-60 rupee for buying and selling 1 lot of banknifty option ... with this plan paying only rs.10-13
i trade around 20-25 lot per day of banknifty option.. so thats directly saving of 1000 rupees approx a day

tell them to adjust stt in account on actual traded value in options..
example 1 lot banknifty(qty40) option call 25500bought @100 and sold @100... so to charge stt on 8000 that is 40x100x2=8000 and not on 40x25500x2 ... that makes hugh impact in taxes...
 

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