Zerodha
Edelweiss
ICICI Direct
HDFC Sec
Aditya Birla
SBI Capital
Axis Direct
Kotak Sec
5Paisa
Motilal Oswal
Sharekhan
Indiabulls
SMC Global
ProStocks
Trade Smart
SASOnline
Fyers
Upstox
Alice Blue
IIFL
Angel Broking
The side-by-side comparison of IIFL and Karvy. Compare IIFL Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and IIFL review.
Find out IIFL Vs Karvy which is better and IIFL Vs Karvy which is best.
Our IIFL Securities Limited comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between IIFL and Karvy.
| IIFL | Karvy | |
|---|---|---|
| Find more info about broker | ||
 |
 |
|
| About the Broker | Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...  |
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail. Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited. Karvy Customers, |
| Type of Broker | Full Service Broker | Full Service Broker |
| Supported Exchnage | NSE, BSE, MCX | BSE, NSE, MCX |
| Account Type | Standard Account | Retail Brokerage Plan |
| Broker Enquiry |
|
|
| Year of Incorporation | 1996 | 1985 |
| Number of Branches | 900 | 575 |
| Enquire IIFL |
| IIFL | Karvy | |
|---|---|---|
| Trading Account Opening Fees | ₹750 | ₹650 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account Opening Fees | ₹555 | ₹0 |
| Demat Account AMC | ₹ 400 (One time) | ₹420 |
| Demat Account is Mandatory? | No | No |
| IIFL | Karvy | |
|---|---|---|
| Account Type | Standard Account | Retail Brokerage Plan |
| Fixed Charges | ||
| Equity Delivery Brokerage | 0.50% | 0.3% |
| Equity Intraday Brokerage | 0.05% | 0.03% |
| Equity Futures Brokerage | 0.05% | 0.03% |
| Equity Options Brokerage | 1% of Premium or ₹100 per lot whichever is high | ₹30 per lot |
| Currency Futures Trading Brokerage | ₹25 per lot | 0.03% |
| Currency Options Trading Brokerage | 1% of Premium or ₹100 per lot whichever is high | ₹30 per lot |
| Commodity Futures Trading Brokerage | 0.05% | 0.03% |
| Commodity Options Trading Brokerage | ₹30 per lot | |
| Special Offer | Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer |
| IIFL | Karvy | |
|---|---|---|
| Account Type | Standard Account | Premium Subscription Plan of 100000 |
| Fixed Charges | ₹100,000 per year | |
| Equity Delivery Brokerage | 0.50% | 0.1% |
| Equity Intraday Brokerage | 0.05% | 0.01% |
| Equity Futures Brokerage | 0.05% | 0.01% |
| Equity Options Brokerage | 1% of Premium or ₹100 per lot whichever is high | ₹10 per lot |
| Currency Futures Trading Brokerage | ₹25 per lot | 0.01% |
| Currency Options Trading Brokerage | 1% of Premium or ₹100 per lot whichever is high | ₹10 per lot |
| Commodity Futures Trading Brokerage | 0.05% | 0.01% |
| Commodity Options Trading Brokerage | ₹10 per lot |
| Minimum Brokerage Charges | ₹0.05 per share | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher |
| Other Brokerage Charges | Advisory SMS - ₹50 per month | |
| Call & Trade Charges | ₹50 per call |
| IIFL | Karvy | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Securities Transaction Tax (STT) |
|
|||||||||||||||
| Exchange Transaction Charges | Check table below | |||||||||||||||
| SEBI Charges | Rs 15 per Crore | |||||||||||||||
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | |||||||||||||||
| Stamp Duty | Charged as per the state of the client's correspondence address. | |||||||||||||||
| IIFL | Karvy | |
|---|---|---|
| Equity Delivery | 0.00325% | ₹325 |
| Equity Intraday | 0.00325% | ₹325 |
| Equity Futures | 0.0021% | ₹230 |
| Equity Options | 0.051% on premium | ₹5500 |
| Currency Futures | 0.0021% | ₹325 |
| Currency Options | 0.051% on premium | |
| Commodity | 0.0028% | ₹300 |
| IIFL | Karvy | |
|---|---|---|
| Equity Delivery | Upto 3x with 18% interest per year | Upto 5x with 24% interest per year |
| Equity Intraday | Upto 20x | Upto 20x |
| Equity Futures | Upto 3x | Upto 4x |
| Equity Options | 3x for shorting | Upto 4x for shorting |
| Currency Futures | Upto 2x | Nil |
| Currency Options | 2x for shorting | Nil |
| Commodity Futures | Upto 3x | Upto 4x |
| Commodity Options |
| IIFL | Karvy | |
|---|---|---|
| 3 in 1 Account |  |
|
| Charting |  |
|
| Automated Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding Available | |
|
| Margin Against Shares (Equity Cash) | |
|
| Margin Against Shares (Equity F&O) | |
|
| Trading Platform | TT Exe, TT Web, IIFL Markets | NEST, Karvy Web, Trade Mobile |
| Intraday Square-off Time | 3:15 | |
| Other Features | Market Mantra, Loyalty Points | Ask the expert, The Finapolis |
| Referral Program |
| IIFL | Karvy | |
|---|---|---|
108 Customer Reviews  |
24 Customer Reviews |
|
| Fees |  |
 |
| Trading Brokerage | |
 |
| Trading Platform Usability |  |
 |
| Customer Service | |
 |
| Research Capabilities |  |
|
| Overall Ratings | |
 |
| Broker Rating | IIFL is Rated 2.7 / 5 based on 108 customer reviews | Karvy is Rated 2.0 / 5 based on 24 customer reviews |
| IIFL Enquire | Karvy Enquire | |
|---|---|---|
| Contact Broker |
| IIFL | Karvy | |
|---|---|---|
| Stock / Equity | |
|
| Commodity | |
|
| Currency | |
|
| Initial Public Offers (IPO) | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| Debt | |
|
| Other Investment Options |
| IIFL | Karvy | |
|---|---|---|
| 24/7 Customer Service | |
|
| Onine Live Chat | |
|
| Through Branches | |
|
| IIFL | Karvy | |
|---|---|---|
| Bracket Order | |
|
| Cover Order | |
|
| Buy Today Sell Tomorrow (BTST) | ||
| Sell Today Buy Tomorrow (STBT) | ||
| After Market Order(AMO) | |
|
| Good Till Cancelled (GTC) |
| IIFL | Karvy | |
|---|---|---|
| Daily Market Report | |
|
| Free Tips | |
|
| Quarterly Result Analysis | |
|
| News Alerts | |
|
| IIFL | Karvy | |
|---|---|---|
| Casual Investor | |
|
| Active Investor | ||
| Trader |
| IIFL | Karvy | |
|---|---|---|
| Pros |
|
|
| Cons |
|
|
| Reviews | ||
| Promo / Offers | Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer |
WAIT! We can help you find best broker:
Zero Account Opening Fee Cheapest Brokerage Fee Excellent Customer Service FREE Software (i.e. Terminal) Hand Holding (For Beginners) FREE Tips & Reports Local Branch (In Your City) Low AMC ChargesBest of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Message Board
Stock Message BoardOptions Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc