IIFL Securities Vs Karvy (Compare IIFL Securities and Karvy)

The side-by-side comparison of IIFL Securities and Karvy. Compare IIFL Securities Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best IIFL Securities vs Karvy?


IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial pr... Know more about IIFL Securities Ltd


Karvy

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,

Need Help Moving to Another Broker?

Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd

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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 Investor Plan (Online Plus) Retail Brokerage Plan
Year of Incorporation 1996 1985
Number of Branches 900 575
Broker Enquiry Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
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IIFL Securities Vs Karvy Charges & AMC

IIFL Securities trading account opening charges is ₹250 (Currently waived off) while Karvy account opening changes is ₹650. IIFL Securities Demat Account AMC Charges is ₹250 (Free for first year) and Karvy Demat Account AMC Charges is ₹420.

  IIFL Securities Karvy
Trading Account Opening Charges ₹250 (Currently waived off) ₹650
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹250 (Free for first year) ₹420
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IIFL Securities Vs Karvy Brokerage Charges & Plans

IIFL Securities Vs Karvy Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

  IIFL Securities Karvy
Account Type Investor Plan (Online Plus) Retail Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.25% 0.3%
Equity Intraday Brokerage 0.025% 0.03%
Equity Futures Brokerage 0.025% 0.03%
Equity Options Brokerage ₹25 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.025% or ₹20 per lot 0.03%
Currency Options Trading Brokerage ₹8 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.025% 0.03%
Commodity Options Trading Brokerage Gold ₹125 | Silver ₹80 | Crude Oil ₹80 ₹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 Premium Plan (Dedicated RM) Premium Subscription Plan of 100000
Fixed Charges NA ₹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 ₹50 per lot ₹10 per lot
Currency Futures Trading Brokerage 0.05% or ₹20 per lot 0.01%
Currency Options Trading Brokerage ₹10 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.05% 0.01%
Commodity Options Trading Brokerage Gold ₹150 | Silver ₹100 | Crude Oil ₹100 ₹10 per lot

IIFL Securities Vs Karvy Brokerage Plan 3

  IIFL Securities Karvy
Account Type Super Trader Plan (Pro Traders) Retail Brokerage Plan
Fixed Charges ₹999
Equity Delivery Brokerage 0.10% 0.3%
Equity Intraday Brokerage 0.01% 0.03%
Equity Futures Brokerage 0.01% 0.03%
Equity Options Brokerage flat ₹10 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.015% or ₹15 per lot 0.03%
Currency Options Trading Brokerage flat ₹5 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.015% 0.03%
Commodity Options Trading Brokerage Gold ₹80 | Silver ₹50 | Crude Oil ₹50 ₹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
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IIFL Securities Vs Karvy Transaction Charges

IIFL Securities transaction charges for options is ₹5100 per Cr (0.051%) (on premium) while Karvy exchange transaction charges for options is ₹5500.

  IIFL Securities Karvy
Equity Delivery ₹325 per Cr (0.00325%) ₹325
Equity Intraday ₹325 per Cr (0.00325%) ₹325
Equity Futures ₹210 per Cr (0.0021%) ₹230
Equity Options ₹5100 per Cr (0.051%) (on premium) ₹5500
Currency Futures ₹210 per Cr (0.0021%) ₹325
Currency Options ₹5100 per Cr (0.051%) (on premium)
Commodity Group A - ₹280 per Cr (0.0028%) ₹300
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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 Upto 3x
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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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
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
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IIFL Securities Vs Karvy Review

IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

  IIFL Securities Karvy
  112 Customer Reviews    Rate IIFL Securities 24 Customer Reviews    Rate Karvy
Fees 2.9 2.6
Trading Brokerage 2.6 2.4
Trading Platform Usability 3.3 2.7
Customer Service 2.8 2.2
Research Capabilities 3.6
Overall Ratings Rated 2.7 stars Rated 2.0 stars
Broker Rating IIFL Securities is rated 2.7 of 5 based on 112 customer reviews Karvy is rated 2.0 of 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  IIFL Securities Enquire Karvy Enquire
Contact Broker

Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

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IIFL Securities Vs Karvy Investment Options

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

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

  IIFL Securities Karvy
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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IIFL Securities Vs Karvy Suitable For Investor Type

  IIFL Securities Karvy
Casual Investor Yes
Active Investor
Trader Yes
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IIFL Securities Vs Karvy - Pros and Cons

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

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