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About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ...
About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider 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 products as Stocks, Derivatives, Commodities, Insurance, FD...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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 |
Exchnage Membership | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX |
Year of Incorporation | 1994 | 1996 |
Number of Branches | 153 | 900 |
Open Kotak Securities Account | Open IIFL Securities Account |
Kotak Securities trading account opening charges is Rs 99 while IIFL Securities account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).
Kotak Securities | IIFL Securities | |
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Trading Account Opening Charges | Rs 99 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
Demat Account AMC Charges | Rs 600 | Rs 250 (Free for 1st year) |
Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) and intraday is Free whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.
Account Type | Kotak Securities Trade Free Plan | IIFL Securities iServe |
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Fixed Charges | NA | |
Equity Delivery | 0.25% (Minimum Rs 20 per trade) | Rs 20 per order |
Equity Intraday | Free | Rs 20 per order |
Equity Futures | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Equity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Currency Futures | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Currency Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Commodity Futures | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Commodity Options | Delivery: Rs 20 per trade | Intraday: Free | Rs 20 per order |
Special Offer | Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Kotak Securities | IIFL Securities | |
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Account Type | Dealer Assisted Plan | iServe |
Fixed Charges | Rs 499 (One Time) | NA |
Equity Delivery | 0.39% | Rs 20 per order |
Equity Intraday | 0.039% | Rs 20 per order |
Equity Futures | 0.039% | Rs 20 per order |
Equity Options | Rs 39 per lot | Rs 20 per order |
Currency Futures | Rs 9 per lot | Rs 20 per order |
Currency Options | Rs 5 per lot | Rs 20 per order |
Commodity Futures | 0.039% | Rs 20 per order |
Commodity Options | Rs 39 per lot | Rs 20 per order |
Open Kotak Securities Account | Open IIFL Securities Account |
Minimum Brokerage | Rs 21 per executed order | |
Other Charges | Advisory SMS - Rs 50 per month | |
Call & Trade Charges | Rs 50 per call | Rs 50 per call |
Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while IIFL Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Kotak Securities | IIFL Securities | |
---|---|---|
Equity Delivery | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% | Commodity Options: MCX : 0.05% & 0 for NCDEX | Group A - Rs 280 per Cr (0.0028%) |
Open Kotak Securities Account | Open IIFL Securities Account |
Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Kotak Securities | IIFL Securities | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open Kotak Securities Account | Open IIFL Securities Account |
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 | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
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 | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
Intraday Square-off Time | ||
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | 3-in-1 account | |
Open Kotak Securities Account | Open IIFL Securities Account |
Kotak Securities is rated 2.4 of 5 based on 197 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 130 customer reviews.
Kotak Securities Enquire | IIFL Securities Enquire | |
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Contact Broker | Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now | Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today. |
Kotak Securities | IIFL Securities | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Insurance |
Kotak Securities | IIFL Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Kotak Securities Account | Open IIFL Securities Account |
Kotak Securities | IIFL Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Kotak Securities | IIFL Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
Kotak Securities | IIFL Securities | |
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Promo / Offers | Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
IIFL Securities Special OfferFlat Rs 20 Per Trade Brokerage + Free Account Opening
This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today. |
Open Kotak Securities Account | Open IIFL Securities Account |
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FREE Intraday Trading (Eq, F&O)
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