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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Kotak Securities — India

Key facts (8)

Who actually onboards you
Kotak Securities Ltd
Licence number
not stated
Established
1994group
Min deposit, USD
not stated
Platforms
Kotak Neo app · Kotak Neo web · KEAT ProX terminal · Fastlane
Local funding
UPI, net-banking (Kotak and other banks).
Max leverage
not stated
EURUSD
not priced

This broker against the India middle (52 of 91)

Kotak SecuritiesIndia median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, hno data48.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established1994group2008.0
Platforms43

Accepts residents of India

Yes

Score (3/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Kotak Securities Ltd

Entity not established

Kotak Securities Ltd (Kotak Neo), subsidiary of Kotak Mahindra Bank, Mumbai.

Public rating and its base

Reviews
no data

Round turn against the local middle (52 of 91)

Round turn, USD
not priced
Median
6.0 USD

Getting money out

Withdrawal, h
not stated

From the entry account upwards

Demat+Trading; Trade Free Plan, Trade Free Max, Trade Free Youth, Advantage/dealer-assisted plans.

Terminals, markets, instrument counts (4)

Kotak Neo app · Kotak Neo web · KEAT ProX terminal · Fastlane

Equity delivery/intraday, F&O, currency, commodity, mutual funds, IPO, bonds.

What works and what to watch

Pros (1)

  • Licensed locally: register entry

Cons (3)

  • Withdrawal time not published
  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

Profits, and what India takes

Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (3)

Does Kotak Securities accept residents of India?

Yes.

Which entity onboards a India client of Kotak Securities?

Kotak Securities Ltd

What licence does Kotak Securities hold for India?

No licence number is published for this country.