fbpx

Kaynet Finance Review, Brokerage Charges, Demat Account & more

Kaynet 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 offers


Kaynet Finance Customer Ratings & Review

Experience2.5/5
Products & Services3.4/5
Brokerage Charges & Fees3.3/5
Stock Research & Advisory2.6/5
Trading Platforms2.4/5
Overall Ratings2.7/5
Star Ratings★★★☆☆
Total Client Reviews117

 


About Kaynet Finance

Company TypePublic
Broker TypeFull Service Broker
HeadquartersPune, Maharashtra
FounderSangramkumar Das
Established Year1994

Kaynet Finance 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

Fill Your Details Here
  1. Open Demat Account

Kaynet Finance Brokerage Charges

Equity Delivery Trading0.1% – 0.2%
Equity Intraday Trading0.01% – 0.02%
Commodity Options Trading0.01% – 0.02%
Equity Futures Trading0.01% – 0.02%
Equity Options TradingRs.10 – Rs.20 per Lot
Currency Futures Trading0.01% – 0.02%
Currency Options TradingRs.10 – Rs.20 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000
Brokerage CalculatorKaynet 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 DirectKIFS Trade CapitalNirmal BangPrabhudas Lilladher
Jhaveri SecuritiesMastertrust CapitalNJ WealthProfitmart
JM FinancialMonarch Networth CapitalPaytm MoneyReliance Securities

Kaynet Finance Other Charges

Transaction Charges0.00325%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% 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 SourceCDSL & NSDL
Account Opening ChargesRs.300
Demat AMC ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000
Offline to OnlineYes

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 AccountYes
Free Trading AccountNo
Discount on BrokerageNo
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo

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 SecuritiesFarsight SecuritiesGEPL CapitalHEM Securities
Elite WealthFast Capital MarketsGlobe CapitalHSE Securities
Emkay GlobalFindoc InvestmartGogia CapitalIFCI 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

Fill Your Details Here
  1. Open Demat Account

Kaynet Finance Products & Services:

Here are the list of Products & Services provided by the broking house –

Products Offered by Kaynet Finance:

Equity TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsNo
ForexNo
BankingNo
SIPNo
InsuranceNo

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 ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsNo
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUpto 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 ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

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 DeliveryUpto 2X
Equity IntradayUpto 10X
Equity FuturesUpto 2X
Equity OptionsUpto 4X
Currency FuturesUpto 2X
Currency OptionsUpto 3X
CommoditiesUpto 3X
Margin CalculatorKaynet 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

Escorts SecuritiesFinvasiaGoldmine StocksIndbank Online
Eureka SecuritiesFortune TradingGoodwill WealthIndia Advantage
Exclusive SecuritiesFRR SharesGreenbucks SecuritiesIndianivesh Securities

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 – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformNo
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyNo
News FlashYes
Research ReportsNo
Easy InstallationNo
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsNo
Live MarketsYes
SMS AlertsNo
Email AlertsYes
Multi Account ManagementNo

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 DealerNo
Offline TradingYes
Online TradingYes
24*7 SupportNo
Support NumberNA
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches28

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 BSE3
Resolved in BSE3
Lodged in NSE13
Resolved in NSE13

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

Fill Your Details Here
  1. Open Demat Account

Find Reviews of other Stock Brokers

EzwealthFyersGrovalue SecuritiesIndira Securities
Fair IntermediateGanpati SecuritiesGuiness SecuritiesInditrade Capital
Fairwealth SecuritiesGCL SecuritiesHedge EquitiesIndus 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

Best Stock Broker in India

Best Demat Account in India

90% Brokerage Discount Offer

Leave a Reply

Your email address will not be published. Required fields are marked *

Get 90% Discount on Brokerage Now! Open Demat Account
×

Share your details & Become Sub Broker Now!

  1. Become Sub Broker

Offer valid for limited time.

×

Share your details & Open Demat A/C Now!

  1. Open Demat Account

Offer valid for limited time.

×

Share your details & Get IPO Allotment Now!

  1. Invest in IPO

Offer valid for limited time.

×

Share your details & Invest in PMS Now!

  1. Invest in PMS

Offer valid for limited time.