IIFL Securities Vs Kotak Securities
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Kotak Securities
Kotak securities is a full service Broker. KOTAK securities Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
IIFL Securities Vs Kotak Securities - Broker Details
IIFL Securities | Kotak Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 1994 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
Branches | 2000+ | 1449 |
Brokerage | ₹20/ Order | ₹20/Order |
Broker Type | Full Service Broker | Full service Broker |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Account Opening & AMC Charges
IIFL Securities | Kotak Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | ₹500/- Yearly |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Brokerage charges & Plans
IIFL Securities | Kotak Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% |
Currency Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot |
Equity Delivery | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Other Charges
IIFL Securities | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | ₹20/ Order | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | ₹20/ Order | ₹20/Order or ₹39/Lot |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Transaction Charges
IIFL Securities | Kotak Securities | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.00095% | BSE: 0.00022% |
Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.002% |
Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.025% (On Sell Trade) |
Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% on Premium |
Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX |
Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.00095% | BSE: 0.00022% |
Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.00345% | BSE: 0.00345% |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Margin (Exposure)
IIFL Securities | Kotak Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Features
IIFL Securities | Kotak Securities | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Review & Rating
IIFL Securities | Kotak Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Request a call back from Broker
IIFL Securities | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Investment Options
IIFL Securities | Kotak Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Order Type
IIFL Securities | Kotak Securities | |
---|---|---|
Bracket Order/BO/OCO | ||
BTST | ||
Cover Order/CO | ||
Good Till Cancelled (GTC) | ||
BUY ABOVE/SELL BELOW (SL-M) | ||
After Market Order(AMO) | ||
STBT | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Research & Report
IIFL Securities | Kotak Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Daily Market Report
IIFL Securities | Kotak Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Suitable For Investor
IIFL Securities | Kotak Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Pros & Cons
IIFL Securities | Kotak Securities | |
---|---|---|
Pros | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). | 1. It facilitates its customers with the 3 in 1 demat account that helps in fluent transfer of funds within the accounts. 2. Most of the investment areas can easily be found on the same platform. 3. It has a special provision for the traders having bad or slow internet connection. 4. It has excellent trading platforms. 5. It provides excellent customer service and support by an online chat facility. |
Cons | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. | 1. No support for the commodity segment is available. 2. Very high brokerage in dealer assisted brokerage plan. 3. High Equity delivery brokerage charges. |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Background
IIFL Securities | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Compare All Brokers
IIFL Securities | Kotak Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - STT/CTT
IIFL Securities | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on Sell | 0.025% only on sell |
Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
Equity Futures | 0.01 % on Sell | 0.01% only on sell |
Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Demat transaction charges
IIFL Securities | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹ 18.5 + Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - GST
IIFL Securities | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - SEBI Charges
IIFL Securities | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Account Opening & AMC Charges
IIFL Securities Vs Kotak Securities
IIFL Securities | Kotak Securities | |
---|---|---|
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. + " Vs "+ Kotak Securities |
Kotak Securities Review 2024Kotak Securities Limited was established in the year 1994. It provides various stock broking service and distributes various financial products in India. The company is famous for its out of the box ideas over the past years. In other words, they are well-known and well-respected full-service brokerage firm. Kotak securities comp .. |
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Kotak Securities
Kotak securities is a full service Broker. KOTAK securities Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
IIFL Securities Vs Kotak Securities - Brokerage charges & Plans
IIFL Securities | Kotak Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- 0.039% |
Currency Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- ₹9/Lot |
Equity Delivery | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% |
Equity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Commodity Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Equity Futures | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% |
Currency Options | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/- Carry Forward:- ₹20/Order | Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹5/Lot |
Fixed Charges | ₹20/ Order | ₹20/Order |
Equity Intraday | ₹20/ Order | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Margin (Exposure)
IIFL Securities | Kotak Securities | |
---|---|---|
Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Kotak Securities - Other Charges
IIFL Securities | Kotak Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call |
Other Brokerage Charges | ₹20/ Order | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot |
Minimum Brokerage | ₹20/ Order | ₹20/Order or ₹39/Lot |
Call Back Open Account |
IIFL Securities Vs Kotak Securities - STT/CTT
IIFL Securities | Kotak Securities | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on Sell | 0.025% only on sell |
Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
Equity Futures | 0.01 % on Sell | 0.01% only on sell |
Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Call Back Open Account |
IIFL Securities Vs Kotak Securities - Demat transaction charges
IIFL Securities | Kotak Securities | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹ 18.5 + Gst per scrip per day only on sell |
Call Back Open Account |
IIFL Securities Vs Kotak Securities - GST
IIFL Securities | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs Kotak Securities - SEBI Charges
IIFL Securities | Kotak Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Kotak Securities - Features
IIFL Securities | Kotak Securities | |
---|---|---|
Online Portfolio | ||
Algo Trading | ||
Margin Trading Facility | ||
Call & Trade Facility | ||
Referral Program | ||
Collateral Margin | ||
Online Demo | ||
3 in 1 Account | ||
Charting | ||
Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |