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...
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...
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 | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX |
Account Type | Fixed Brokerage Plan | Investor Plan (Online Plus) |
Year of Incorporation | 1994 | 1996 |
Number of Branches | 1209 | 900 |
Broker Enquiry |
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Kotak Securities trading account opening charges is Rs 750 while IIFL Securities account opening changes is Rs 250 (Currently waived off). Kotak Securities Demat Account AMC Charges is Rs 600 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year).
Kotak Securities | IIFL Securities | |
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Trading Account Opening Charges | Rs 750 | Rs 250 (Currently waived off) |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 600 | Rs 250 (Free for first year) |
Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025%.
Kotak Securities | IIFL Securities | |
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Account Type | Fixed Brokerage Plan | Investor Plan (Online Plus) |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.49% | 0.25% |
Equity Intraday Brokerage | 0.049% (both side) | 0.025% |
Equity Futures Brokerage | 0.049% (both side) | 0.025% |
Equity Options Brokerage | Rs 300 per lot | Rs 25 per lot |
Currency Futures Trading Brokerage | 0.025% or Rs 20 per lot | |
Currency Options Trading Brokerage | Rs 8 per lot | |
Commodity Futures Trading Brokerage | 0.070% | 0.025% |
Commodity Options Trading Brokerage | Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80 | |
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 Rs 1150). Get the exclusive offer |
Kotak Securities | IIFL Securities | |
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Account Type | Dynamic Brokerage Plan | Premium Plan (Dedicated RM) |
Fixed Charges | NA | |
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% | Rs 50 per lot |
Currency Futures Trading Brokerage | 0.04% or Rs 20 per lot | 0.05% or Rs 20 per lot |
Currency Options Trading Brokerage | Rs 20 to Rs 7.5 per lot | Rs 10 per lot |
Commodity Futures Trading Brokerage | 0.05% | |
Commodity Options Trading Brokerage | Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100 | |
Enquire Kotak Securities | Enquire IIFL Securities |
Kotak Securities | IIFL Securities | |
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Account Type | Fixed Brokerage Plan | Super Trader Plan (Pro Traders) |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | 0.49% | 0.10% |
Equity Intraday Brokerage | 0.049% (both side) | 0.01% |
Equity Futures Brokerage | 0.049% (both side) | 0.01% |
Equity Options Brokerage | Rs 300 per lot | flat Rs 10 per lot |
Currency Futures Trading Brokerage | 0.015% or Rs 15 per lot | |
Currency Options Trading Brokerage | flat Rs 5 per lot | |
Commodity Futures Trading Brokerage | 0.070% | 0.015% |
Commodity Options Trading Brokerage | Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50 | |
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Minimum Brokerage Charges | Rs 21 per executed order | Rs 0.05 per share (Rs 25 Min) |
Other Brokerage Charges | SMS Alerts at Rs 50 per month | Advisory SMS - Rs 50 per month |
Call & Trade Charges | Rs 20 per call after first 20 free calls in a month | Rs 50 per call |
Kotak Securities transaction charges for options is NSE: 0.05% on Premium while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).
Kotak Securities | IIFL Securities | |
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Equity Delivery | NSE: 0.00325%, BSE: 0.00325% | Rs 325 per Cr (0.00325%) |
Equity Intraday | NSE: 0.00325%, BSE: 0.00325% | Rs 325 per Cr (0.00325%) |
Equity Futures | NSE: 0.0019% | Rs 210 per Cr (0.0021%) |
Equity Options | NSE: 0.05% on Premium | Rs 5100 per Cr (0.051%) (on premium) |
Currency Futures | NSE: 0.0009%, BSE: 0.00022% | Rs 210 per Cr (0.0021%) |
Currency Options | NSE: 0.035%, BSE: 0.001% | Rs 5100 per Cr (0.051%) (on premium) |
Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Group A - Rs 280 per Cr (0.0028%) |
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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 | |
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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 | Upto 3x | |
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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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 Securities | Enquire IIFL Securities |
Kotak Securities is rated 2.5 of 5 based on 166 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 112 customer reviews.
Kotak Securities Enquire | IIFL Securities Enquire | |
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Contact Broker |
Kotak Securities | IIFL Securities | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Kotak Securities | IIFL Securities | |
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Promo / Offers | Kotak 3-in-1 AccountKotak 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 Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer |
Enquire Kotak Securities | Enquire IIFL Securities |
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