What is Trade Free Plan?
Trade Free plan is a brokerage plan launched by Kotak Neo to cater to intraday traders so that they can enjoy Rs.10 per order brokerage on all intraday trades and investors can take advantage of a 0.20% brokerage rate on delivery trades. If you're a trader looking to take advantage of market opportunities at competitive brokerage rates, the trade free plan may be the brokerage plan just for you.
Here are the benefits of the Trade Free Plan:
- Account opening fee – Rs.0
- Plan Validity – Lifetime
- All Cash Intraday - ₹0 per order for the first 30 days from account opening. Thereafter, ₹10 per order or 0.05% per executed order, whichever is lower.
- All the carry forward and intraday Futures & Options, Currency and Commodity transactions - Rs.10 per order.
- Equity delivery - ₹0 delivery charges for the first 30 days. 0.20% thereafter.
To know more about the plan, please click here
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?