Compare 3 Brokers

Kotak Securities Vs IIFL Securities: Which one is better?

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

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Kotak Securities vs IIFL Securities on Service

  Kotak Securities Compare
Kotak Securities
IIFL Securities Compare
IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX-SX, MCX, NCDEX NSE, BSE, MCX, NCDEX
Active Clients 3,24,853 7,87,723
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.
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Kotak Securities vs IIFL Securities on Trading & Demat Account Opening Charges

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.

Trading & Demat Account Opening Charges - Compare Kotak Securities with IIFL Securities
Charges Kotak Securities IIFL Securities
Trading Account Opening Fees Rs 750 Rs 250 (Rs 0, Promotion offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 450 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs IIFL Securities on Plan Options

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.

Compare Kotak Securities with IIFL Securities on Plan Options
Plan Types Kotak Securities IIFL Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities IIFL Securities
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs IIFL Securities on Brokerage Charges

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 with IIFL Securities
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
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Share Broker's Transaction Charges

Compare Kotak Securities vs IIFL Securities on Transaction Charges

Compare Kotak Securities with IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with IIFL Securities
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
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Account Features

Compare Kotak Securities vs IIFL Securities on Account Features

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 - Kotak Securities with IIFL Securities
Account Features Compare Kotak Securities IIFL Securities
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X NIL
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Trading Platform

Compare Kotak Securities vs IIFL Securities on Trading Platform

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 with IIFL Securities
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) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
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 Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader IIFL Markets
Mobile Trading App Demo Kotak Stock Trader Demo IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Stock Trader Download iOS IIFL Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Kotak Securities vs IIFL Securities on User Rating

  Kotak Securities IIFL Securities
  81 Customer Reviews    Rate Kotak Securities 81 Customer Reviews    Rate IIFL Securities
Fees Ratings 2.6 3.1
Trading Brokerage Rating 2.7 2.9
Trading Platform Usability 3.2 3.4
Customer Service Ratings 3.1 2.9
Overall Ratings Rated 2.8 stars Rated 2.8 stars
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
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Investment Offerings

Compare Kotak Securities vs IIFL Securities on Investment Offerings

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 with IIFL Securities
Investment Offerings Compare Kotak Securities IIFL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs IIFL Securities on Order Types

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 Types - Compare Kotak Securities with IIFL Securities
Order Type Compare Kotak Securities IIFL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Kotak Securities vs IIFL Securities on Margin/Leverage

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.

Exposure/margin - Compare Kotak Securities with IIFL Securities
Margin Product Compare Kotak Securities IIFL Securities
Equity Delivery Margin Kotak Securities vs IIFL Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Upto 5x
Equity Intraday Margin Kotak Securities vs IIFL Securities - 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 Kotak Securities vs IIFL Securities - Futures Margin Up to 2x to 7x leverage on Futures Contracts. Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin
Options Margin Kotak Securities vs IIFL Securities - 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 Kotak Securities vs IIFL Securities - Equity CO Margin Up to 50x margin/leverage in CO order with Super Multiple. Up to 20x
Futures CO Margin Kotak Securities vs IIFL Securities - 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 Kotak Securities vs IIFL Securities - 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 Kotak Securities vs IIFL Securities - Commodity Margin Info Not Available 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Kotak Securities vs IIFL Securities on Customer Service

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 Support - Compare Kotak Securities with IIFL Securities
Customer Service Compare Kotak Securities IIFL Securities
24/7 Customer Service Kotak Securities vs IIFL Securities - 24x7 customer support No Yes
Email Support Kotak Securities vs IIFL Securities - Email Support Yes Yes
Onine Live Chat Kotak Securities vs IIFL Securities - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs IIFL Securities - Phone Support Yes Yes
Toll Free Number Kotak Securities vs IIFL Securities - Toll Free Number Yes Yes
Through Branches Kotak Securities vs IIFL Securities - Through Branches Yes Yes
Customer Care Number Kotak Securities vs IIFL Securities - Customer Care Number 18002099191/1800222299/18002099292 022-40071000
Account Opening Process Kotak Securities vs IIFL Securities - Account Opening Process Offline Online/Paperless
Customer Support Email Kotak Securities vs IIFL Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs IIFL Securities - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address Kotak Securities vs IIFL Securities - Head Office Address/Corporate 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
Website Kotak Securities vs IIFL Securities - Company Website https://www.kotaksecurities.com https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare Kotak Securities vs IIFL Securities on Research Reports, Tips

Compare Kotak Securities with IIFL Securities on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with IIFL Securities
  Kotak Securities IIFL Securities
Research Mutual Funds Kotak Securities vs IIFL Securities - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs IIFL Securities - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs IIFL Securities - Research ETF Yes Yes
Daily Market Report Kotak Securities vs IIFL Securities - Daily Market Report Yes Yes
Free Tips Kotak Securities vs IIFL Securities - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs IIFL Securities - Quarterly Results Yes Yes
News Alerts Kotak Securities vs IIFL Securities - Yes Yes
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Demat Account

Compare Kotak Securities vs IIFL Securities on Demat Account

Compare Kotak Securities with IIFL Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with IIFL Securities
  Kotak Securities IIFL Securities
DP Source CDSL CDSL
DP ID Kotak Securities vs IIFL Securities - DP ID 49200 44700
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
Advance Deposit NA Nil
Statutory charges Nil Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs IIFL Securities on Special Offers and Promotion

Compare Kotak Securities with IIFL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs IIFL Securities on Special Offers and Promotion
  Kotak Securities IIFL Securities
Pay In and Pay Out Options Kotak Securities vs 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 Kotak Securities vs IIFL Securities - 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 Kotak Securities vs IIFL Securities - 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
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes

Detail Review...

Detail Review...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

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


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