Kotak Securities Vs IIFL Securities
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
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 Vs IIFL Securities - Broker Details
Kotak Securities | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1994 | 1995 |
Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
Branches | 1449 | 2000+ |
Brokerage | ₹20/Order | ₹20/ Order |
Broker Type | Full service Broker | Full Service Broker |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Account Opening & AMC Charges
Kotak Securities | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹500/- Yearly | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Brokerage charges & Plans
Kotak Securities | IIFL Securities | |
---|---|---|
Commodity Futures | 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% | ₹20/ Order |
Currency Futures | 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 | ₹20/ Order |
Equity Delivery | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% | ₹20/ Order |
Equity Options | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Commodity Options | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Equity Futures | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% | ₹20/ Order |
Currency Options | 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 | ₹20/ Order |
Fixed Charges | ₹20/Order | ₹20/ Order |
Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Other Charges
Kotak Securities | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call | ₹0 (Free) |
Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Minimum Brokerage | ₹20/Order or ₹39/Lot | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Transaction Charges
Kotak Securities | IIFL Securities | |
---|---|---|
Currency Options | NSE: 0.00095% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
Equity Futures | NSE: 0.002% | NSE: 0.00195% on Total Turnover value |
Equity Intraday | 0.025% (On Sell Trade) | 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% |
Equity Options | NSE: 0.053% on Premium | NSE: 0.053% on Premium value |
Commodity | MCX FUTURE (for Agri & Non Agri): 0.0026% | NCDEX: 0.0055% || MCX OPTION :- It is 0.05% for MCX and 0 for NCDEX | 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 |
Currency Futures | NSE: 0.00095% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 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% |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Margin (Exposure)
Kotak Securities | IIFL 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 |
Kotak Securities Vs IIFL Securities - Features
Kotak Securities | IIFL 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:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Review & Rating
Kotak Securities | IIFL 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 |
Kotak Securities Vs IIFL Securities - Request a call back from Broker
Kotak Securities | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Investment Options
Kotak Securities | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Order Type
Kotak Securities | IIFL 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 |
Kotak Securities Vs IIFL Securities - Research & Report
Kotak Securities | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Daily Market Report
Kotak Securities | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Suitable For Investor
Kotak Securities | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Pros & Cons
Kotak Securities | IIFL Securities | |
---|---|---|
Pros | 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. | 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). |
Cons | 1. No support for the commodity segment is available. 2. Very high brokerage in dealer assisted brokerage plan. 3. High Equity delivery brokerage charges. | 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. |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Background
Kotak Securities | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Compare All Brokers
Kotak Securities | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - STT/CTT
Kotak Securities | IIFL Securities | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Demat transaction charges
Kotak Securities | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - GST
Kotak Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - SEBI Charges
Kotak Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Account Opening & AMC Charges
Kotak Securities Vs IIFL Securities
Kotak Securities | IIFL 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 .. + " Vs "+ IIFL 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 .. |
|
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 Vs IIFL Securities - Brokerage charges & Plans
Kotak Securities | IIFL Securities | |
---|---|---|
Commodity Futures | 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% | ₹20/ Order |
Currency Futures | 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 | ₹20/ Order |
Equity Delivery | Trade Free Youth:-₹0/- | Trade Free Plan:- 0.25% | Trade Free Max:- 0.25% of transaction value | Dealer Assisted Plan:- 0.39% | ₹20/ Order |
Equity Options | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Commodity Options | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Equity Futures | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- Carry Forward- ₹20/Order|Dealer Assisted Plan:- 0.039% | ₹20/ Order |
Currency Options | 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 | ₹20/ Order |
Fixed Charges | ₹20/Order | ₹20/ Order |
Equity Intraday | Trade Free Youth:-₹0/- | Trade Free Plan:-Intraday Trades:-₹0/-| Trade Free Max:- Intraday- ₹0/- |Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Kotak Securities Vs IIFL Securities - Margin (Exposure)
Kotak Securities | IIFL 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 |
Kotak Securities Vs IIFL Securities - Other Charges
Kotak Securities | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/Call (Call & Trade free for first 20 calls) From the 21st call, you pay ₹15/Call | ₹0 (Free) |
Other Brokerage Charges | Trade Free Plan:- Carry Forward:- ₹20/Order | Dealer Assisted Plan:- ₹39/Lot | ₹20/ Order |
Minimum Brokerage | ₹20/Order or ₹39/Lot | ₹20/ Order |
Call Back Open Account |
Kotak Securities Vs IIFL Securities - STT/CTT
Kotak Securities | IIFL Securities | |
---|---|---|
Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | 0.05% on sell trade | 0.05% on Sell Side |
Call Back Open Account |
Kotak Securities Vs IIFL Securities - Demat transaction charges
Kotak Securities | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹ 18.5 + Gst per scrip per day only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
Kotak Securities Vs IIFL Securities - GST
Kotak Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Kotak Securities Vs IIFL Securities - SEBI Charges
Kotak Securities | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
Kotak Securities Vs IIFL Securities - Features
Kotak Securities | IIFL 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:- 3:20 PM | Currency: 4:30 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | KEAT ProX, Kotak Stock Trader (KST), Fastlane, Xtralite, | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |