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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.

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Kotak Securities Vs IIFL

  Kotak Securities IIFL
Find more info about broker
Kotak Securities Ltd Logo IIFL Securities Limited Logo
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... Know more about Kotak Securities Ltd 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... Know more about IIFL Securities Limited
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 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. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 1996
Number of Branches 1209 900
Enquire Kotak Securities Enquire IIFL
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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
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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
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Kotak Securities Vs IIFL Taxes

  Kotak Securities IIFL
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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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%
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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
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Kotak Securities and IIFL Feature Comparison

  Kotak Securities IIFL
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
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
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Kotak Securities Vs IIFL Review

  Kotak Securities IIFL
  139 Customer Reviews    Rate Kotak Securities 108 Customer Reviews    Rate IIFL
Fees 2.5 2.9
Trading Brokerage 2.4 2.6
Trading Platform Usability 3.3 3.3
Customer Service 3.0 2.7
Research Capabilities 3.0 3.0
Overall Ratings Rated 2.6 stars Rated 2.7 stars
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
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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.

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

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Kotak Securities Vs IIFL Investment Options

  Kotak Securities IIFL
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes
Debt No Yes
Other Investment Options
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Kotak Securities Vs IIFL Customer Service

  Kotak Securities IIFL
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
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Kotak Securities Vs IIFL Order Type Offered

  Kotak Securities IIFL
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes
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Kotak Securities Vs IIFL Research Report

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

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

  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.

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...

  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.

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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