The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of IIFL Securities ranges between .025 to .25%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.
Here we present side-by-side comparison of Kotak Securities vs IIFL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs IIFL Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Kotak Securities vs IIFL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Kotak Securities vs IIFL Securities's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX-SX, MCX, NCDEX||NSE, BSE, MCX, NCDEX|
|Broker Overview||Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.||IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service.|
Comparison of Kotak Securities with IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account.
|Charges||Kotak Securities||IIFL Securities|
|Trading Account Opening Fees||Rs 750||Rs 250 (Rs 0, Promotion offer)|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 450 PA (Waived for 1st year)|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with IIFL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where IIFL Securities doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||IIFL Securities|
|Kotak Securities||IIFL Securities|
|Account Opening Request|
Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.
IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.
|Brokerage Charges Compare||Kotak Securities||IIFL Securities|
|Plan Name||Fixed Brokerage Trading Plan (Percentage Based)||IIFL Z20 Brokerage Plan|
|Equity Delivery||0.49% or 49 paisa||Free|
|Equity Intraday||0.049% or 5 paisa||Rs. 20/- per executed order or 0.05% whichever is|
|Equity Futures||0.049% or 5 paisa||Rs. 20/- per executed order or 0.05% whichever is|
|Equity Options||Rs 300 Per Lot||Flat Rs 20 per executed order|
|Currency Futures||.02% or Rs. 10 per lot whichever is higher||Rs. 20/- per executed order or 0.05% whichever is|
|Currency Options||Rs 10 Per Lot||Rs. 20/- per executed order or 0.05% whichever is|
|Commodity Trading||NA||Rs. 20/- per executed order or 0.05% whichever is|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|Hidden Charges||No||Info Not Available|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||20 calls Free and after that Rs 20 per call||Rs 50 Per Call + GST|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for IIFL Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Kotak Securities||SPAN Margin Calculator for IIFL Securities|
Compare Kotak Securities with IIFL Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||IIFL Securities|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for iifl-securities|
Compare Kotak Securities with IIFL Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where IIFL Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - IIFL Securities offers a margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Kotak Securities||IIFL Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and IIFL Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||Kotak Securities||IIFL Securities|
|Desktop Trading Platform||KEAT Pro X||IIFL Trader terminal|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat||https://ttweb.indiainfoline.com|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||IIFL Markets|
|Mobile Trading App Demo||Kotak Stock Trader Demo||IIFL Markets Demo|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod IIFL Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS IIFL Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Yes, DirectTrade - Rs 2999 PA||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities||Equity Intraday and Delivery Brokerage Calculator for IIFL Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for IIFL Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for IIFL Securities|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for iifl-securities|
|Kotak Securities||IIFL Securities|
|81 Customer Reviews||81 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Kotak Securities is Rated 2.8 / 5 based on 81 customer reviews||IIFL Securities is Rated 2.8 / 5 based on 81 customer reviews|
Compare Kotak Securities with IIFL Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - IIFL Securities offers trading options in Commodity (MCX) where Kotak Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - IIFL Securities provides PMS Service where Kotak Securities doesn't offer
|Investment Offerings Compare||Kotak Securities||IIFL Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Kotak Securities with IIFL Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities provide Bracket Orders (BO) where IIFL Securities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.
|Order Type Compare||Kotak Securities||IIFL Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Kotak Securities with IIFL Securities on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||Kotak Securities||IIFL Securities|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Upto 5x|
|Equity Intraday Margin||Up to 3x to 7x leverage for equity MIS orders.||Up to 20x on MIS, Bracket order, (BO) and cover order (CO)|
|Futures Margin||Up to 2x to 7x leverage on Futures Contracts.||Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin|
|Options Margin||No leverage for Options buying and shorting.||Stock options: 2x (sell), 1x (Buy)| Index Options Buy: 3x (intraday)| BO/CO: 25% of Exchange margin + SL Margin| Index options sell: 4x (intraday)| BO/CO: 25% of Exchange margin + SL Margin|
|Equity CO Margin||Up to 50x margin/leverage in CO order with Super Multiple.||Up to 20x|
|Futures CO Margin||Up to 15x margin/leverage in CO order with Super Multiple for Index Futures and 12x for equity Scripts..||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Info Not Available||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Info Not Available||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Kotak Securities with IIFL Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||Kotak Securities||IIFL Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||022-40071000|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Compare Kotak Securities with IIFL Securities on research reports and tips provided by the broker.
|Kotak Securities||IIFL Securities|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with IIFL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Kotak Securities||IIFL Securities|
|Demat Account Annual Maintenance Charges(AMC)||Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions)||₹400 pa|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)|
|Demat||₹3 per certificate + ₹50 courier charges||₹15 per certificate + ₹40 courier charges|
|Remat||₹10 for every hundred securities (Min ₹15)||₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges|
|Pledge Creation||0.05% of transaction value (Min ₹30)||₹50|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||Nil|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||Nil|
|Failed Instruction Charges||Nil||Nil|
Compare Kotak Securities with IIFL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Kotak Securities||IIFL Securities|
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
|Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.|
|Bank Detail||Direct from your Kotak Mahindra bank account.||India Infoline Ltd
|Special Offers/Promo||Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.||Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.|
|Enquiry||Enquire about Kotak Securities||Enquire about IIFL Securities|
Last Updated on 2020-12-14T23:33:47+00:00