Discount brokerBest for Traders who want ready-made strategies with a banking relationship

Kotak Neo

₹20 / Intraday & F&O order

★ 4.4

Our rating

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Account opening

Free (₹0)

AMC

₹0 (linked Kotak bank account fees may apply)

Brokerage

₹20 / Intraday & F&O order

Delivery

₹0 (promotional)

Intraday

₹20 per order

DP Charges

₹20 + GST

SEBI registered broker · Reg. no. INZ000200137 — verified from the NSE/BSE member list and SEBI records.

Why 4.4 out of 5

Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.

Cost (brokerage + hidden charges) (40%)4.6
Charge transparency (20%)4.4
Support & platform (20%)4.2
Our account-opening experience (20%)4.3

Our five-point check

Account opening chargesFree - Verified₹0 opening for the 3-in-1 account; bank KYC adds a step.
AMC (annual maintenance)₹0 - VerifiedNo demat AMC, though the linked Kotak bank account has its own rules.
Equity delivery₹0 (promotional) - VerifiedDelivery brokerage is free under the current promo.
Intraday & F&O₹20 per order - VerifiedFlat ₹20 for intraday and F&O.
Hidden chargesStrategy subscriptionsStreak and StocksBasket bots are paid add-ons.

How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.

Features

Neo appStocksBasketNeo StreakIntelligent Trading Bot

Pros

+Bank-backed 3-in-1 account, strong strategy tools and research from Kotak's desk.

Cons

−Some strategy tools need a separate subscription.

Charge list

Equity delivery	₹0 (promotional)
Intraday & F&O	₹20 per order

Markets & segments

Equity · F&O · Currency · Commodity

Full review

Kotak Neo is the discount arm of Kotak Mahindra Bank.

Verification & Data Sources:

Source: https://www.kotakneo.com/pricing/

Last Verified: 20 Oct 2026 | Verified from kotakneo.com official tariff