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Kotak Securities Vs IIFL (Compare Kotak Securities and IIFL)

The side-by-side comparison of Kotak Securities and IIFL. Compare Kotak Securities Vs IIFL brokerage, charges, exposure margin, demat account. Read IIFL and Kotak Securities review.

Find out Kotak Securities Vs IIFL which is better and Kotak Securities Vs IIFL which is best.

Our Kotak Securities Ltd comparison with IIFL Securities Limited highlights the major differences between two brokers. Find the best between Kotak Securities and IIFL.

Kotak Securities Vs IIFL

	Kotak Securities	IIFL
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	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 cu...	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...
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnage	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX
Account Type	Fixed Brokerage Plan	Standard Account
Broker Enquiry
Year of Incorporation	1994	1996
Number of Branches	1209	900
	Enquire Kotak Securities	Enquire IIFL

Kotak Securities Vs IIFL Charges

	Kotak Securities	IIFL
Trading Account Opening Fees	₹750	₹750
Trading Account AMC	₹0	₹0
Demat Account Opening Fees	₹0	₹555
Demat Account AMC	₹600	₹ 400 (One time)
Demat Account is Mandatory?	No	No

Kotak Securities Vs IIFL Brokerage

Brokerage Plan 1

	Kotak Securities	IIFL
Account Type	Fixed Brokerage Plan	Standard Account
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		₹25 per lot
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
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

Brokerage Plan 2

	Kotak Securities	IIFL
Account Type	Dynamic Brokerage Plan	Standard Account
Fixed Charges
Equity Delivery Brokerage	0.59% to 0.30%	0.50%
Equity Intraday Brokerage	0.06% to 0.05%	0.05%
Equity Futures Brokerage	0.07% to 0.05%	0.05%
Equity Options Brokerage	2.5% to 1.8%	1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage	0.04% or ₹20 per lot	₹25 per lot
Currency Options Trading Brokerage	₹20 to ₹7.5 per lot	1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage		0.05%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	₹21 per executed order	₹0.05 per share
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

Kotak Securities Vs IIFL Taxes

Kotak Securities

IIFL

Securities Transaction Tax (STT)

Equity Intraday	0.025% (on Sell trade)
Equity Delivery	0.1% (on Buy and Sell)
Equity Futures	0.01% (on Sell trade)
Equity Options	0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures	Nil
Currency Options	Nil
Commodities	0.01% on sell side (Non-Agri)

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.

Kotak Securities Vs IIFL Transaction Charges

	Kotak Securities	IIFL
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%

Kotak Securities Vs IIFL Exposure Margin

	Kotak Securities	IIFL
Equity Delivery	1x (no margin)	Upto 3x with 18% interest per year
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

Kotak Securities and IIFL Feature Comparison

	Kotak Securities	IIFL
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	Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite	TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
Other Features	3-in-1 account	Market Mantra, Loyalty Points
Referral Program

Kotak Securities Vs IIFL Review

	Kotak Securities	IIFL
	139 Customer Reviews	108 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is Rated 2.6 / 5 based on 139 customer reviews	IIFL is Rated 2.7 / 5 based on 108 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities Enquire	IIFL 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. Name Phone # Email City Name State Are you a day trader?	Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer Name Phone # Email City Name State Are you a day trader?

Kotak Securities Vs IIFL Investment Options

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

Kotak Securities Vs IIFL Customer Service

	Kotak Securities	IIFL
24/7 Customer Service
Onine Live Chat
Through Branches

Kotak Securities Vs IIFL Order Type Offered

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

Kotak Securities Vs IIFL Research Report

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

Kotak Securities Vs IIFL Suitable For Investor Type

	Kotak Securities	IIFL
Casual Investor
Active Investor
Trader

Kotak Securities Vs IIFL - Advantages and Disadvantages

	Kotak Securities	IIFL
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. More Advantages...	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. More Advantages...
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'. More Disadvantages...	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. More Disadvantages...
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

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Kotak Securities Vs IIFL (Compare Kotak Securities and IIFL)

Kotak Securities Vs IIFL

Kotak Securities Vs IIFL Charges

Kotak Securities Vs IIFL Brokerage

Brokerage Plan 1

Brokerage Plan 2

Other Charges

Kotak Securities Vs IIFL Taxes

Kotak Securities Vs IIFL Transaction Charges

Kotak Securities Vs IIFL Exposure Margin

Kotak Securities and IIFL Feature Comparison

Kotak Securities Vs IIFL Review

Contact Broker / Request A Call Back

Kotak Securities Vs IIFL Investment Options

Kotak Securities Vs IIFL Customer Service

Kotak Securities Vs IIFL Order Type Offered

Kotak Securities Vs IIFL Research Report

Kotak Securities Vs IIFL Suitable For Investor Type

Kotak Securities Vs IIFL - Advantages and Disadvantages

Kotak 3-in-1 Account

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