Kotak Securities Vs IIFL Securities (Compare Kotak Securities and IIFL Securities)

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


Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak Securities Ltd


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

Expand

Kotak Securities Vs IIFL Securities

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

  Kotak Securities IIFL Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Account Type Fixed Brokerage Plan Flat Brokerage Plan (FBP)
Year of Incorporation 1994 1996
Number of Branches 1209 900
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
Enquire Kotak SecuritiesEnquire IIFL Securities
Expand

Kotak Securities Vs IIFL Securities Charges & AMC

Kotak Securities trading account opening charges is ₹750 while IIFL Securities account opening changes is ₹750. Kotak Securities Demat Account AMC Charges is ₹600 and IIFL Securities Demat Account AMC Charges is ₹400 per year.

  Kotak Securities IIFL Securities
Trading Account Opening Charges ₹750 ₹750
Trading Account AMC Charges ₹0 ₹0
Demat Account Opening Charges ₹0 ₹0
Demat Account AMC Charges ₹600 ₹400 per year
Expand

Kotak Securities Vs IIFL Securities Brokerage Charges & Plans

Kotak Securities Vs IIFL Securities Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas IIFL Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

  Kotak Securities IIFL Securities
Account Type Fixed Brokerage Plan Flat Brokerage Plan (FBP)
Fixed Charges
Equity Delivery Brokerage 0.49% 0.50%
Equity Intraday Brokerage 0.049% (both side) 0.05%
Equity Futures Brokerage 0.049% (both side) 0.05%
Equity Options Brokerage ₹300 per lot 1% of Premium or ₹100 per lot, whichever is high
Currency Futures Trading Brokerage 0.05%
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high
Commodity Futures Trading Brokerage 0.070% 0.05%
Commodity Options Trading Brokerage 1% of Premium or ₹100 per lot, whichever is high
Special Offer
Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
Special Offer: Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer

Kotak Securities Vs IIFL Securities Brokerage Plan 2

  Kotak Securities IIFL Securities
Account Type Dynamic Brokerage Plan Variable Brokerage Plan (VBP)
Fixed Charges NA
Equity Delivery Brokerage 0.59% to 0.30% 0.15% to 0.60%
Equity Intraday Brokerage 0.06% to 0.05% 0.02% to 0.05%
Equity Futures Brokerage 0.07% to 0.05% 0.02% to 0.05%
Equity Options Brokerage 2.5% to 1.8% 1% to 2.5% of premium or ₹100 per lot, whichever is higher
Currency Futures Trading Brokerage 0.04% or ₹20 per lot 0.02% to 0.05%
Currency Options Trading Brokerage ₹20 to ₹7.5 per lot 1% to 2.5% of premium or ₹100 per lot, whichever i
Commodity Futures Trading Brokerage 0.02% to 0.05%
Commodity Options Trading Brokerage 1% to 2.5% of premium or ₹100 per lot, whichever i
Enquire Kotak SecuritiesEnquire IIFL Securities

Kotak Securities Vs IIFL Securities Brokerage Plan 3

  Kotak Securities IIFL Securities
Account Type Fixed Brokerage Plan Advance Brokerage Plan (Prepaid)
Fixed Charges ₹5,000 to ₹1,00,000
Equity Delivery Brokerage 0.49% 0.35% to 0.05%
Equity Intraday Brokerage 0.049% (both side) 0.04% to 0.01%
Equity Futures Brokerage 0.049% (both side) 0.04% to 0.01%
Equity Options Brokerage ₹300 per lot 1% of premium to flat ₹20 per lot
Currency Futures Trading Brokerage 0.04% to 0.01%
Currency Options Trading Brokerage 1% of premium to flat ₹20 per lot
Commodity Futures Trading Brokerage 0.070% 0.04% to 0.01%
Commodity Options Trading Brokerage 1% of premium to flat ₹20 per lot
Enquire Kotak SecuritiesEnquire IIFL Securities

Kotak Securities Charges Vs IIFL Securities

Minimum Brokerage Charges ₹21 per executed order ₹0.05 per share (₹25 Min)
Other Brokerage Charges SMS Alerts at ₹50 per month Advisory SMS - ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month ₹50 per call
Expand

Kotak Securities Vs IIFL Securities Transaction Charges

Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while IIFL Securities exchange transaction charges for options is 0.051% on premium.

  Kotak Securities IIFL Securities
Equity Delivery 0.1% (Buy and Sell) 0.00325%
Equity Intraday 0.025% (on Sell trade) 0.00325%
Equity Futures 0.01% (on Sell trade) 0.0021%
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) 0.051% on premium
Currency Futures NA 0.0021%
Currency Options NA 0.051% on premium
Commodity 0.01% on sell side 0.0028%
Enquire Kotak SecuritiesEnquire IIFL Securities
Expand

Kotak Securities Vs IIFL Securities Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.

  Kotak Securities IIFL Securities
Equity Delivery 1x (no margin) Upto 3x (18% Annual Interest)
Equity Intraday 50 times Upto 20x
Equity Futures 12 to 15 times Upto 3x
Equity Options Selling: 200 times | Buying: 10 times 3x for shorting
Currency Futures NA Upto 2x
Currency Options NA 2x for shorting
Commodity Futures NA Upto 3x
Commodity Options
Enquire Kotak SecuritiesEnquire IIFL Securities
Expand

Compare Kotak Securities and IIFL Securities Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

  Kotak Securities IIFL Securities
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time
Other Features 3-in-1 account
Referral Program
Enquire Kotak SecuritiesEnquire IIFL Securities
Expand

Kotak Securities Vs IIFL Securities Review

Kotak Securities is rated 2.5 of 5 based on 158 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 112 customer reviews.

  Kotak Securities IIFL Securities
  158 Customer Reviews    Rate Kotak Securities 112 Customer Reviews    Rate IIFL Securities
Fees 2.4 2.9
Trading Brokerage 2.3 2.6
Trading Platform Usability 3.3 3.3
Customer Service 2.9 2.8
Research Capabilities 2.6 3.6
Overall Ratings Rated 2.5 stars Rated 2.7 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 158 customer reviews IIFL Securities is rated 2.7 of 5 based on 112 customer reviews
Expand

Contact Broker / Request A Call Back

  Kotak Securities Enquire IIFL Securities Enquire
Contact Broker

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

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

Expand

Kotak Securities Vs IIFL Securities Investment Options

  Kotak Securities IIFL Securities
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 No Yes
Other Investment Options Insurance
Expand

Kotak Securities Vs IIFL Securities Order Type Offered

  Kotak Securities IIFL Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Enquire Kotak SecuritiesEnquire IIFL Securities
Expand

Kotak Securities Vs IIFL Securities Research Report

  Kotak Securities IIFL Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Kotak Securities Vs IIFL Securities Suitable For Investor Type

  Kotak Securities IIFL Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

Kotak Securities Vs IIFL Securities - Pros and Cons

  Kotak Securities IIFL Securities
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
  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.
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  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.
Reviews
Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Enquire Kotak SecuritiesEnquire IIFL Securities

Compare More Brokers...

Kotak Securities IIFL Securities
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App