The Commoditiessegment is doing wonders in the market these days and therefore attracting the attention of a lot of traders. So are you also willing to trade in the commodity segment with Kotak Securities? Then it is of utmost importance that you know the Kotak commodity brokerage charges.
All you need is a Kotak demat account and an activated commodity segment. Let us now dive into the details of Kotak commodities brokerage.
Kotak securities being a full-service brokermight leave an impression of high brokerage charges. But with the introduction of the Kotak Trade free plan, the cost has effectively reduced making it a popular choice.
Given below are the brokerage charges of trading in commodities:
Kotak Commodity Brokerage Charges
Trade Free Plan
₹20 per lot
₹75 per lot
₹75 per lot
₹20 per trade
Let’s take an example:
So here if two friends Mr. A and Mr. B traded in commodity futures with an equal turnover of ₹1,00,000. Mr.A has the standard plan and Mr.B has the trade free plan.
Thus Mr. A ended up paying the brokerage of ₹39 (0.039% of 1,00,000) while Mr. B trade at the minimal cost by paying the flat fees of ₹20.