Kotak Securities Vs India Infoline (IIFL) (Compare Kotak Securities and India Infoline (IIFL))
The side-by-side comparison of Kotak Securities and India Infoline (IIFL). Compare Kotak Securities Vs India Infoline (IIFL) brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) and Kotak Securities review.
Find out Kotak Securities Vs India Infoline (IIFL) which is better and Kotak Securities Vs India Infoline (IIFL) which is best.
Our Kotak Securities Ltd comparison with India Infoline Limited highlights the major differences between two brokers. Find the best between Kotak Securities and India Infoline (IIFL).
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
Kotak Securities Vs India Infoline (IIFL) Charges
Kotak Securities Ltd
India Infoline Limited
Trading Account Opening Fees
₹750
₹750
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹555
Demat Account AMC
₹600
₹ 555 (One time)
Demat Account is Mandatory?
No
No
Kotak Securities Vs India Infoline (IIFL) Brokerage
Brokerage Plan 1
Kotak Securities Ltd
India Infoline Limited
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
Rs 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
Brokerage Plan 2
Kotak Securities Ltd
India Infoline Limited
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 Rs 20 per lot
Rs 25 per lot
Currency Options Trading Brokerage
Rs 20 to Rs 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
Rs 0.05 per share
Other Brokerage Charges
SMS Alerts at ₹50 per month
Advisory SMS - Rs 50 per month
Call & Trade Charges
₹20 per call after first 20 free calls in a month
Rs 50 per call
Kotak Securities Vs India Infoline (IIFL) Taxes
Kotak Securities Ltd
India Infoline Limited
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Kotak Securities Vs India Infoline (IIFL) Transaction Charges
Kotak Securities Ltd
India Infoline Limited
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 India Infoline (IIFL) Exposure Margin
Kotak Securities Ltd
India Infoline Limited
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 India Infoline (IIFL) Feature Comparison
Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews
India Infoline (IIFL) is Rated 2.7 / 5 based on 104 customer reviews
Contact Broker / Request A Call Back
Kotak Securities Ltd
India Infoline Limited
Contact / Request Call Back
Kotak Securities Vs India Infoline (IIFL) Investment Options
Kotak Securities Ltd
India Infoline Limited
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Kotak Securities Vs India Infoline (IIFL) Customer Service
Kotak Securities Ltd
India Infoline Limited
24/7 Customer Service
Onine Live Chat
Through Branches
Kotak Securities Vs India Infoline (IIFL) Order Type Offered
Kotak Securities Ltd
India Infoline Limited
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 India Infoline (IIFL) Research Report
Kotak Securities Ltd
India Infoline Limited
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Kotak Securities Vs India Infoline (IIFL) Suitable For Investor Type
Kotak Securities Ltd
India Infoline Limited
Casual Investor
Active Investor
Trader
Kotak Securities Vs India Infoline (IIFL) - Advantages and Disadvantages
Kotak Securities Ltd
India Infoline Limited
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.
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
Zerodha
Zero Account Opening Fee