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Quick Comparision (Kotak Securities VS IIFL Securities)

 
 

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
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)

Kotak Securities Vs IIFL Securities

Kotak Securities IIFL Securities
 

Kotak Securities Review 2024

Kotak 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 Plans

IIFL 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

Kotak Securities

IIFL Securities