Yes. Any individual, proprietary firm, partnership firm, or company can open a commodity trading account with Kotakcommodities.com.
Yes, it is necessary that you open a bank account with one of our designated banks – HDFC Bank, Kotak Mahindra Bank and ICICI Bank. This is to ensure you have a good service experience.
Trust us, we suggest this for your benefit. You can have a smoother flow of transaction by transferring money faster online. This can help you trade easily, and not waste time.
You can start trading without any hassle too. Simply transfer funds online and start trading.
Plus, if we make a payment to you, the funds will be directly credited to your bank account. No need to transfer it manually.
That's great! You can utilize your existing bank account with our banking partner to trade through kotakcommodities.com. Please mention the account details on the Account Opening form.
Sorry! At present, you can’t utilize your bank account with any other bank to trade through kotakcommodities.com. We request you to open an account with one of our banking partners to enable smooth and fast dealings, without any delays, such as cheque clearance delays.
Yes. Kotak Commodities uses Secure Socket Layer (SSL), which is the most advanced encryption technology. SSL ensures that the information transmitted between you and us over the Internet is safe and cannot be accessed by outsiders.
SSL has been universally accepted on the World Wide Web for authenticated and encrypted communication between clients and servers. We have obtained the security certificate for our site from Verisign and the security encryption level on Kotak Commodities’ site is 128bit.
Here is how to activate your account, once you have received your welcome kit:
The system will now prompt you to set your trading password. Once you’ve done this, you will be asked to change your website password. Your account will be activated once you’ve changed the website password. You can now start trading through your Kotak Commodities account!
You can easily change password whenever you like. To reset password, please follow the following steps:
You can change password by following a simple six-step process. The steps of this process are as follows:
All our Online Trading account holders are eligible to change their product type.
You can send us a product change request if you want your product type to be changed. We will make the change, subject to management approval.
To request for change, call our Customer Care at 1800 102 6776. Or, write to us at firstname.lastname@example.org.
You can clear your outstanding debit by using the ‘Fund Transfer’ option available in your online login. Alternatively, you can transfer the funds via NEFT/RTGS/Cheque to our bank account.
Please follow these steps to update the contact number(s) in your trading profile: