Wave app is a mobile trading app from Kotak Securities for Offline (type)
customers who trades on ODIN OMS/RMS, which provides you with
hassle free investing and trading in equity, derivatives, currency and commodity.
Wave app is a mobile trading app for Offline (type) customers who trade on ODIN OMS/RMS. It provides you with hassle-free investing and trading in equity, derivatives, currency, and commodity. With our Kotak Wave mobile app, you can access stock markets anytime anywhere, and place your trades on the go. It’s simple and hassle-free.
Offline customers of Kotak securities (Excluding NRI).
Since this is a whole new app; you will need to enter the user id and password in the app that has been provided to you. To login to the new Kotak Wave app please follow the instructions given below.
Click on the login button and complete the one-time activation process.
Read and accept the disclaimer by entering the 6 digit OTP i.e. Alphanumeric.
The first 3-digits of the OTP will be sent to your registered mobile number.
The last 3 characters of the OTP will be sent to the registered email id.
Combine both these OTP’s and enter the 6-digit OTP. Click on submit button.
Post this, your PIN request will get captured
Once validated successfully, you will have to re-login using your username and password. Now you can follow the normal login process. Log in using your username and password. Generate and enter 4 digit OTP which will be sent on your registered mobile number and email id. Enter the 4-digit OTP to complete the login process.
Kotak Wave App is available for the IOS and Android version. You can download the app through the Google play store or app store.
Yes, you can. There are two ways to change your password through the KotakWave app:
a) Click on ‘Preference’ from the menu options to change the password.
b) Set up a new password directly from the login page.
You can set up a new password instantly by following these steps:
Click on the ‘Forgot password’ link on the login screen of the KotakWave app.
Enter your User ID and select ‘Authenticate by OTP validation’.
Enter the 4-digit OTP that is sent to your registered mobile number and email ID.
Click on the Submit button.
Upon successful OTP validation, we will send a temporary password to your registered email ID.
Use this temporary password to log in.
Set up a new password to ensure enhanced security for your account.
Yes, you can place the After Market Orders (AMO).
KotakWave allows you to trade in the NSE Cash, NSE Futures & Options, NSE Currency, Commodities, and BSE Cash segments. You can use the app to trade in both delivery and margin products. You can also place regular (limit), market, and stop loss orders through KotakWave.
Click on ‘Funds’ under the menu option and then select ‘Limits’. This will display the funds available in your trading account.
Go to ‘Funds’ under the menu options. Then click on ‘Fund Transfer’ to move funds into your account.
Yes, you can. You can create multiple watchlists of your choice by clicking on ‘View profile’ from the watchlist customisation options. Enter a name for your customised watchlist, search for your desired stocks, click on the plus sign, and then select ‘Add to watchlist’.
Yes, you can trade stocks and view quotes though the watchlist. Select the ‘Buy or Sell’ option alongside the stock you wish to trade. This will redirect you to the order placement page.
Click on ‘Net positions’ to view all your open and closed positions. You can also square off and convert positions here.
To view the quotes for a particular scrip, select the scrip from your watchlist and click on ‘Quotes’. You could also search for the scrip by clicking on the search icon at the top-right corner of the screen and entering the scrip name. A pop-up window will appear with the scrip details. You can now click on the ‘Quote’ option to buy or sell the stock, view market depth, and study market charts.
To get a comprehensive view of your portfolio, click on ‘Portfolio holdings’ from the menu options. This will display all your holdings under asset classes like equities and derivatives.
Currently, you cannot invest in equity SIPs, mutual funds, and 足球电子竞技联赛 s or trade bonds using the KotakWave app. You can only invest in and trade equities, derivatives, currencies, and commodities.
No need to issue cheques by investors while subscribing to 足球电子竞技联赛 . Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Attention Investors Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. Circular No.: NSDL/POLICY/2014/0094, NSE/INSP/27436, BSE - 20140901-21
Kindly note that as per NSE circulars dated
November 17, 2017
and BSE circulars dated
November 17, 2017
, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE.
Investors, kindly beware of unregistered Investment advisors offering assured returns and seeking trading credentials. Unsolicited messages via social media platforms like Whatsapp, Telegram , Instagram, YouTube, Facebook, SMS, calls, etc. are being sent by unregistered or unauthorised entities inducing to deal in these stocks, F&O contracts. Please refer
to report any such instance.
As per NSE circular dated
March 25, 2022
,BSE circular dated
March 25, 2022
, MCX circular dated
March 31, 2022
, NCDEX circular dated
April 1, 2022,
investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like: a) Sharing i. trading credentials – login id & passwords, ii. trading strategies, iii. position details. b) Trading in leveraged products /derivatives without proper understanding, which could lead to losses. c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks d) Dealing in unsolicited tips through like Whatsapp, Telegram , Instagram, YouTube, Facebook, SMS, calls, etc. e) Trading based on recommendations from unauthorised / unregistered investment advisors
Kindly note that relying on any such fraudulent communication received in any form or manner, which originates from any of the channels not belonging to KSL, shall be at your own risk and KSL shall not be liable for the same.
In case of any queries, request you to kindly get in touch with Customer Service on 1800 209 9191.
Kotak securities Ltd. having composite licence no.CA0268 is a Corporate Agent of Kotak Mahindra Life Insurance Company Limited and Kotak Mahindra General Insurance Company Limited. We have taken reasonable measures to protect security and confidentiality of the Customer information.
The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
Please do not share your online trading password with anyone as this could weaken the security of your account and lead to unauthorized trades or losses. This cautionary note is as per Exchange circular dated 15th May, 2020.
Note: With a view to providing visibility of client-wise collateral as per SEBI regulations, respective clearing corporations have provided a web portal facility to allow clients to view their disaggregated collateral placed with Member and as reported by Trading Member/Clearing Member. For further information refer circulars:
NSDL and CDSL have mapped Unique Client Codes (UCC) to demat accounts based on PAN, refer
circulars. Format for linking/delinking the UCC: NSDL:
Clients are required to keep all their account related information up-to-date including details like email id, mobile number, address, bank details, demat details, income details etc. which will help the client to timely receive any information and to avail the various facilities relating to the Trading and Demat account. To update the details, client may get in touch with our designated customer service desk or approach the branch for assistance.
Important update: Mandatory 6 KYC Attributes and Pan Aadhaar linking.
Clients are required to ensure the following 6 KYC attributes are updated for their Demat and Trading account: Name, Address, PAN, Valid Mobile
Number, Valid E-mail ID, and Income Range
. Any non-compliant account for the above requirement will be liable to be made
. The last date to update these details is
In case PAN is not seeded with AADHAAR before 31st March, 2023 or any other date as notified by Government, it will not be considered as a valid PAN. Kindly get in touch with our designated customer service desk or approach the branch for assistance.
to link it now.
Introduction of Legal Entity Identifier(LEI) for Large Value Transactions:
LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide. RBI has now decided to introduce the LEI system for all payment transactions of value Rs. 50 crore and above undertaken by entities (non-individuals) using Centralised Payment Systems viz. Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Such clients are required to provide the LEI number to us for updating it at KSL to avoid any disruptions in future payment when the threshold reaches to 50 crore and above. You may refer to the circular
. In case of any queries, get in touch with our designated customer service desk..
Investors please note that as per the
, in the event of a delayed start due to unwarranted or unavoidable circumstances or market disruption, during trading hours or special session, the Exchange shall cancel all type of pending orders once system is restored and no separate time would be given to clients for cancellation of orders. Clients will be required to place fresh orders on resumption of trading. The Exchange and KSL shall not be responsible or held liable for any incidental, special or consequential damages including but not limited to loss of profit. Please be updated and guided by the circulars, rules, bye-laws and regulations of the Exchanges as amended from time to time on the website of Exchanges.
Investor Awareness regarding the revised guidelines on margin collection:-
Attention Investors :
1. Stock Brokers can accept securities as margin from clients only
by way of pledge in the depository system w.e.f. September 1, 2020.
Update your mobile number & email Id
with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
Pay 20% upfront margin
of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's
Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, notice no. 20200731-7 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020, notice no. 20200831-45 dated August 31, 2020
and other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Issued in the interest of Investors
Clients are cautioned and advised to refrain from placing any order at unrealistic prices i.e. at prices which do not reflect the current market price and are far away from the LTP / reference price / theoretical price or which are at extreme end of the operating range and have no economic rationale when compared with LTP / reference price / theoretical price / underlying price movement. Please note that trades arising from such orders at unrealistic prices leads to aberrations in the price discovery process. Clients are advised to desist from entering orders or executing transactions which, prima facie, appear to be non - genuine and refrain from indulging in such practice leading to aberrations in the order book. You can read the Exchange circulars
Covid-19 impact to clients:-
1. Applicable to clients on whose email id contract notes and other statements get bounced or who have opted for Physical contract notes/ other statements or Digital and Physical contract notes/ other statements :Due to the nationwide lockdown, we are unable send physical contract notes and other statements. To view them, log into
2. Kindly update your email id with us to receive contract notes/various statements electronically to avoid any further inconvenience.
3. We are unable to issue the running account settlement payouts through cheque due to the lockdown. We request you to update your Bank account details to facilitate direct transfer to your linked bank account. You may approach our designated customer service desk or your branch to know the Bank details updation procedure.
4. Exchange advisory: Investors are advised to exercise caution while taking investment decisions in these unpredictable times. Clients are also encouraged to keep track of the underlying physical as well as international commodity markets. Clients are advised to undertake transactions after understanding the nature of the contractual relationship into which they are entering and the extent of its exposure to risk. Clients are further advised to follow sound risk management practices and not to be carried away by unfounded rumors, tips etc.
Under Interoperability, Kotak Securities has selected NSE Clearing Limited (NCL) as its designated clearing corporation for Cashand equity derivatives segment transactions and Indian Clearing Corporation Limited (ICCL) as its designated clearing corporation for currency derivatives segment transactions.
Filling complaints on SCORES- Easy & Quick
a. Register on SCORES portal | b. Mandatory details for filling complaints on SCORES i. Name, PAN, Address, Mobile Number, E-mail ID | c. Benefits: i. Effective Communication ii. Speedy redressal of the grievances