Kaynet Finance Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 01, 2022Kaynet Finance is one of the finest companies in the market with over two decades of experience.
This article is about Kaynet Finance review, we will discuss all the important factors which are important to be known for people who are interested in trading.
Kaynet Finance Ratings & Review by Top10StockBroker
| Experience | 2.5/5 |
| Products & Services | 3.4/5 |
| Brokerage Charges & Fees | 3.3/5 |
| Stock Research & Advisory | 2.6/5 |
| Trading Platforms | 2.4/5 |
| Overall Ratings | 2.7/5 |
| Star Ratings | ★★★☆☆ |
About Kaynet Finance
| Company Type | Public |
| Broker Type | Full Service Broker |
| Headquarters | Pune, Maharashtra |
| Founder | Sangramkumar Das |
| Established Year | 1994 |
Sangram Kumar Das is the founder of Kaynet Finance. It is a public company established in the year 1994.
It is a full-service broker company with its headquarters located in Pune, Maharashtra.
Open Demat Account with Kaynet Finance
Kaynet Finance Brokerage Charges
| Equity Delivery Trading | 0.1% – 0.2% |
| Equity Intraday Trading | 0.01% – 0.02% |
| Commodity Options Trading | 0.01% – 0.02% |
| Equity Futures Trading | 0.01% – 0.02% |
| Equity Options Trading | Rs.10 – Rs.20 per Lot |
| Currency Futures Trading | 0.01% – 0.02% |
| Currency Options Trading | Rs.10 – Rs.20 per Lot |
| Minimum Brokerage | Percentage of Transaction |
| Demat AMC Charges | Free |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.3,000 |
| Brokerage Calculator | Kaynet Finance Brokerage Calculator |
Kaynet Finance Brokerage charges are as follows. The company charges 0.1% to 0.2% for equity delivery trading, 0.01% to 0.02% for equity intraday trading and Commodity options trading.
They charge 0.01% to 0.02% for equity futures trading and currency futures trading. Users are free to open a Demat AMC account, but the company charges Rs.250 per annum for trading AMC account.
The company offers Rs. 10 to Rs. 20 per lot for equity options trading and currency options trading. Minimum margin money required to deposit is around Rs.3000.
Find Brokerage Charges of other Brokers
| IDBI Direct | KIFS Trade Capital | Nirmal Bang | Prabhudas Lilladher |
| Jhaveri Securities | Mastertrust Capital | Groww | Profitmart |
| JM Financial | Monarch Networth Capital | Paytm Money | Reliance Securities |
Kaynet Finance Other Charges
| Transaction Charges | 0.00325% |
| STT | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) |
Kaynet Finance charges 0.00325% per each transaction. They charge around 0.0126% of total turnover for STT charges and 0.0002% of total turnover for SEBI turnover charges.
Stamp duty charges vary with the state but still, it’s minimal. GST charges are 18% after combining the Brokerage and transaction charges.
Kaynet Finance Demat Account Opening Fees
| Depository Source | CDSL & NSDL |
| Account Opening Charges | Rs.300 |
| Demat AMC Charges | Free |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.3,000 |
| Offline to Online | Yes |
CDSL and NSDL are two depository sources available to deposit money by users.
The company charges Rs.300 for opening a new account. While Demat AMC account is free, they charge around Rs.250 for a year for trading AMC account.
After opening the account, users need at least Rs.3,000 in their account as margin money to start trading.
Kaynet Finance Offers
| Free Demat Account | Yes |
| Free Trading Account | No |
| Discount on Brokerage | No |
| Trading Happy Hours | No |
| Flexible Brokerage Plans | Yes |
| 1 Month Brokerage Free | No |
| Holiday Offers | Yes |
| Referral Offers | Yes |
| Zero Brokerage for Loss Making Trades | No |
Kaynet Finance offers towards their clients and customers are as follows.
- Free Demat Account
- Flexible brokerage plans
- Referral offers
- Holiday offers
To know about offers of other stock brokers check below
| Dealmoney Securities | Farsight Securities | GEPL Capital | HEM Securities |
| Elite Wealth | Fast Capital Markets | Globe Capital | HSE Securities |
| Emkay Global | Findoc Investmart | Gogia Capital | IFCI Financial |
How to Open a Demat Account with Kaynet Finance?
There is not a lot of paperwork included in opening a Demat Account. Follow these simple steps to get the work done.
- Just fill up the form by clicking on the below Open Demat Account button.
- Now it will ask for uploading documents for KYC like Aadhar card, PAN, photograph, documents for identity, address proof and so on.
- Submit the documents which are required and finish the process.
- Within no time, the agents of the company will be in touch for in-person verification.
- Now all steps are done and users can start using their Demat accounts.
Why Open Kaynet Finance Trading Account?
These are the reasons why opening a trading account with Kaynet Finance is suggested.
- Lots of experience in this industry
- Updates are real-time
- Brokerage plans are flexible
- Good customer support
Get a Call back from Kaynet Finance
Kaynet Finance Products & Services:
Here are the list of Products & Services provided by the broking house –
Products Offered by Kaynet Finance:
| Equity Trading | Yes |
| Commodity Trading | Yes |
| Currency Trading | Yes |
| Options | Yes |
| Futures | Yes |
| Mutual Funds | No |
| Forex | No |
| Banking | No |
| SIP | No |
| Insurance | No |
This company provides a wide range of products and services to its customers. Kaynet Finance products are equity trading, commodity trading, options, futures, and currency trading.
Kaynet Finance Service Offerings:
| Demat Services | Yes |
| Trading Services | Yes |
| 3 in 1 Acount | No |
| Intraday Services | Yes |
| IPO Services | Yes |
| Stock Recommendations | No |
| Robo Advisory | No |
| PMS | No |
| Trading Institution | No |
| Trading Exposure | Upto 10X |
Kaynet Finance services are Demat services, trading services, IPO services, Intraday services and trading exposure up to 10X.
Kaynet Finance Research, Advisory and Stock Tips
| Fundamental Reports | No |
| Research Reports | No |
| Company Reports | No |
| Annual Reports | No |
| Company Stock Review | No |
| Free Stock Tips | Yes |
| IPO Reports | Yes |
| Top Picks | Yes |
| Daily Market Review | Yes |
| Monthly Reports | Yes |
| Weekly Reports | Yes |
| Offline Advisory | Yes |
| Relationship Manager | Yes |
The features provided by the company for the benefits of users are as follows.
- Free stock tips
- Top picks
- IPO reports
- Monthly reports
- Weekly reports
- Offline advisory
- Daily market review
- Availability of relationship manager
Kaynet Finance Exposure or Leverage
| Equity Delivery | Upto 2X |
| Equity Intraday | Upto 10X |
| Equity Futures | Upto 2X |
| Equity Options | Upto 4X |
| Currency Futures | Upto 2X |
| Currency Options | Upto 3X |
| Commodities | Upto 3X |
| Margin Calculator | Kaynet Finance Margin Calculator |
Exposure of products differ with each other. Details about them are as follows.
- Equity delivery up to 2X
- Equity futures up to 2X
- Currency futures up to 2X
- Currency options up to 3X
- Commodities up to 3X
- Equity intraday up to 10X
Find Exposure or Margin of other Stock Brokers
Kaynet Finance Trading Platforms
As discussed above, People need to first register through the site where they will undergo the process of submitting documents.
After all those tasks, finally, now users will have username/email and password to log-in and start trading.
| Desktop Platform – Windows | Yes |
| Desktop Platform – Mac | Yes |
| Desktop Browser Platform | No |
| Mobile Site Platform | No |
| Android App Platform | Yes |
| iOS App Platform | Yes |
| Windows App Platform | No |
| Other Mobile OS Platform | No |
| Real time Updates | Yes |
| Portfolio Details | Yes |
| Online MF Buy | No |
| News Flash | Yes |
| Research Reports | No |
| Easy Installation | No |
| Global Indices | Yes |
| Stock Tips | Yes |
| Personalized Advisory | No |
| Interactive Charts | No |
| Live Markets | Yes |
| SMS Alerts | No |
| Email Alerts | Yes |
| Multi Account Management | No |
Here are the platforms provided by Kaynet Finance Company for trading:
Kaynet Finance Trading terminal
The software is available on both platforms Windows and Mac. These are the most used OS across the world. Users can download from the official website.
It is essential to choose the compatible versions before starting to download. Upon downloading, you can install it just like any other software. Now open the software and enter the credentials.
This is it, and you have everything on your screen from tips, real-time updates and basically all options.
Some of the benefits are as follows:
- Email alerts
- News flash
- Stock tips
- Live markets
Email alerts will basically alert the users about trending stocks or depreciating stocks. This will help users to track their investments and take necessary actions.
Kaynet Finance Mobile Trading App
The application is available in both platforms which are Android and IOS. The UI changes and is more user-friendly for mobile users.
The design is made as minimal as possible so that users will not get frustrated watching so many options.
Kaynet Finance Customer Care
| Dedicated Dealer | No |
| Offline Trading | Yes |
| Online Trading | Yes |
| 24*7 Support | No |
| Support Number | NA |
| Email Support | Yes |
| Chat Support | No |
| Toll Free Number | No |
| Branches | 28 |
Around 28 branches of Kaynet Finance company are located throughout the world. Both offline and online trading are supported. Email support is also available.
During the working days, queries from users get replied within a few hours.
Kaynet Finance Complaints and Feedback
Find the list of complaint against Kaynet Finance –
| Lodged in BSE | 3 |
| Resolved in BSE | 3 |
| Lodged in NSE | 13 |
| Resolved in NSE | 13 |
By observing last year, 3 complaints were lodged and also resolved in BSE. Along with this, 13 complaints were lodged and also resolved in NSE.
Kaynet Finance Advantages and Disadvantages:
There are several options that Kaynet Finance can’t provide to its users which is considered as disadvantages. They are as follows.
- No discount on brokerage
- SIP and mutual funds products are not available
- No stock recommendations
- Research and annual reports are not provided
- Non availability on mobile platform
- No live chat support
Kaynet Finance Conclusion
Although there are disadvantages and complaints, one cannot deny the fact that Kaynet Finance has been in this industry since 1994.
There are many advantages, and the company’s offers are also attractive. Relationship manager work is to guide customers towards the right path of trading.
They are also accommodating, and you should join the company if you are interested in trading.
Open Demat Account with Kaynet Finance
Find Reviews of other Stock Brokers
| Ezwealth | Fyers | Grovalue Securities | Indira Securities |
| Fair Intermediate | Ganpati Securities | Guiness Securities | Inditrade Capital |
| Fairwealth Securities | GCL Securities | Hedge Equities | Indus Portfolio |
Featured Topics:
Top 10 Discount Brokers in India
Top 10 Full Service Brokers in India
Best Intraday Trading Brokers in India
Top 10 Sub Broker Partner in India
