IIFL Securities Vs Karvy (Compare IIFL Securities and Karvy)

IIFL Securities Vs Karvy

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

	IIFL Securities	Karvy
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX	BSE, NSE, MCX
Account Type	Flat Brokerage Plan (FBP)	Retail Brokerage Plan
Year of Incorporation	1996	1985
Number of Branches	900	575
Broker Enquiry

IIFL Securities Vs Karvy Charges & AMC

IIFL Securities trading account opening charges is ₹750 while Karvy account opening changes is ₹650. IIFL Securities Demat Account AMC Charges is ₹400 per year and Karvy Demat Account AMC Charges is ₹420.

	IIFL Securities	Karvy
Trading Account Opening Charges	₹750	₹650
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹400 per year	₹420

IIFL Securities Vs Karvy Brokerage

IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

	IIFL Securities	Karvy
Account Type	Flat Brokerage Plan (FBP)	Retail Brokerage Plan
Fixed Charges	NA
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	0.05%	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	1% of Premium or ₹100 per lot, whichever is high	₹30 per lot
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

IIFL Securities Vs Karvy Brokerage Plan 2

	IIFL Securities	Karvy
Account Type	Variable Brokerage Plan (VBP)	Premium Subscription Plan of 100000
Fixed Charges	NA	₹100,000 per year
Equity Delivery Brokerage	0.15% to 0.60%	0.1%
Equity Intraday Brokerage	0.02% to 0.05%	0.01%
Equity Futures Brokerage	0.02% to 0.05%	0.01%
Equity Options Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever is higher	₹10 per lot
Currency Futures Trading Brokerage	0.02% to 0.05%	0.01%
Currency Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i	₹10 per lot
Commodity Futures Trading Brokerage	0.02% to 0.05%	0.01%
Commodity Options Trading Brokerage	1% to 2.5% of premium or ₹100 per lot, whichever i	₹10 per lot

IIFL Securities Vs Karvy Brokerage Plan 3

	IIFL Securities	Karvy
Account Type	Advance Brokerage Plan (Prepaid)	Retail Brokerage Plan
Fixed Charges	₹5,000 to ₹1,00,000
Equity Delivery Brokerage	0.35% to 0.05%	0.3%
Equity Intraday Brokerage	0.04% to 0.01%	0.03%
Equity Futures Brokerage	0.04% to 0.01%	0.03%
Equity Options Brokerage	1% of premium to flat ₹20 per lot	₹30 per lot
Currency Futures Trading Brokerage	0.04% to 0.01%	0.03%
Currency Options Trading Brokerage	1% of premium to flat ₹20 per lot	₹30 per lot
Commodity Futures Trading Brokerage	0.04% to 0.01%	0.03%
Commodity Options Trading Brokerage	1% of premium to flat ₹20 per lot	₹30 per lot

IIFL Securities Charges Vs Karvy

Minimum Brokerage Charges	₹0.05 per share (₹25 Min)	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 Securities Vs Karvy Transaction Charges

IIFL Securities transaction charges for options is 0.051% on premium while Karvy exchange transaction charges for options is ₹5500.

	IIFL Securities	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 Securities Vs Karvy Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

	IIFL Securities	Karvy
Equity Delivery	Upto 3x (18% Annual Interest)	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

Compare IIFL Securities and Karvy Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

	IIFL Securities	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	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	NEST, Karvy Web, Trade Mobile
Intraday Square-off Time		3:15
Other Features		Ask the expert, The Finapolis
Referral Program

IIFL Securities Vs Karvy Review

IIFL Securities is rated 2.7 of 5 based on 111 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

	IIFL Securities	Karvy
	111 Customer Reviews	24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 111 customer reviews	Karvy is rated 2.0 of 5 based on 24 customer reviews

IIFL Securities Vs Karvy Investment Options

	IIFL Securities	Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Karvy Order Type Offered

	IIFL Securities	Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

IIFL Securities Vs Karvy Research Report

	IIFL Securities	Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Karvy Suitable For Investor Type

	IIFL Securities	Karvy
Casual Investor
Active Investor
Trader

IIFL Securities Vs Karvy - Pros and Cons

	IIFL Securities	Karvy
Pros	4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd is a publicly traded company listed at BSE and NSE.	Pay ₹1200 one time and get life time free AMC demat account Offers investment in IPO and Mutual funds Free research reports Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons	SMS alerts at additional ₹249 per month Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.	Doesn't offer 3 in 1 account Brokerage rates are negotiable Higher brokerage compare to discount brokers
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