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IIFL vs Kotak Securities (Compare IIFL and Kotak Securities)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between IIFL vs Kotak Securities, Below comparison of IIFL vs Kotak Securities highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of IIFL vs Kotak Securities is given below:

IIFL Kotak Securities
About The Brokers
IIFL :

"IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you   >>> more

Kotak Securities :

"With 1281+ branches in 377 cities of the country serving 1.4 million customers, over 5 lacs trades per day, Kotak Securities have been able to create their own space    >>> more

Find More Information about the Broker :
IIFL :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Kotak Securities :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
IIFL :
 Full Service Broker
Kotak Securities :
 Full Service Broker
Promo/offers
IIFL :
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Kotak Securities :
N/A
Advantage
IIFL :
  • Offer online IPO and Equity SIP
  • 1900+ branches all over India & have a global presence
  • Trading facility to NRIs is provided
  • Provide multiple broking plans
  • IIFL Trade terminal is one of the best trading terminal in India
  • Offer Commodity Trading & Investment facility in Mutual funds & IPO
Kotak Securities :
  •  3-in-1 online trading account..
  •  Security of your investment & money.
  •  Toll free number available.
  •  Robust trading software KEAT Pro.
  •  Derivatives trading,NRI services, mutual funds, IPOs.
  •  Trading is available in both BSE and NSE.
  •  After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.
Disadvantage
IIFL :
  • Scope improvement is there in customer support.
  • Provides only 2-in-1 account facility
  • Less transparency in brokerage plans
  • High brokerage.
  • Minimum Brokerage charges
Kotak Securities :
  •  No commodity trading..
  •  Very High brokerage..
  •  Not a good fit for small and penny stock traders.
  •  Minimum brokerage charges.
Why This
IIFL :
  • Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world.
  • Provide IPO service and equity SIP also
  • Amongst top 10 stock brokers in India
  • Best rated mobile Trading Platforms with >1.9m download.
  • Have branches all over India. Approx 1900+ Branches
  • They provide multiple brokerage plans
  • All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O
  • Offer NRI Trading.
Kotak Securities :
  •  A Unique 3-in-1 On-line Trading Account, which includes Kotak Mahindra Banks Saving Account, Kotak Securities Trading Account and Kotak Securities Demat Account, is the key offering for retail stock market investors in India.
  •  Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade.
  •  E-Broking House with >13 Lac customers.
  •  Wide network of 1281 branches and sub Brokers in 377 cities.
  •  After Market Orders and Portfolio Management Service(PMS) available.
  •  Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc.
  •  Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education.
Open Account

IIFL vs Kotak Securities Account Opening & AMC Charges

IIFL Trading Account Opening Fee is Rs 0 (Free) and Kotak Securities Trading Account Opening Fee is Rs 0 (Free) . IIFL Demat Account AMC is Rs 250 (Free for 1st year) and Kotak Securities Demat Account AMC is Rs 600 .

IIFL Kotak Securities
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0 (Free)

Demat Account AMC Demat Account AMC :

Rs 250 (Free for 1st year)

Demat Account AMC :

Rs 600

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0


IIFL vs Kotak Securities Brokerage Charges

IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order . Kotak Securities Brokerage Charges Equity Delivery is 0.25% or Rs 20 whichever is higher and Equity Intraday is Free and Equity Options is Delivery: Rs 20 per trade | Intraday: Free .

IIFL Kotak Securities
Plan Name Plan Name :

Standard Plan

Plan Name :

Trade Free Plan

Plan Name :

Dealer Assisted Plan

Equity Delivery Equity Delivery :

Rs 20 per order

Equity Delivery :

0.25% or Rs 20 whichever is higher

Equity Delivery :

0.39%

Equity Intraday Equity Intraday :

Rs 20 per order

Equity Intraday :

Free

Equity Intraday :

0.039%

Equity Future Equity Future :

Rs 20 per order

Equity Future :

Delivery: Rs 20 per trade | Intraday: Free

Equity Future :

0.039%

Equity Options Equity Options :

Rs 20 per order

Equity Options :

Delivery: Rs 20 per trade | Intraday: Free

Equity Options :

Rs 39 per lot

Currency Futures Currency Futures :

Rs 20 per order

Currency Futures :

Delivery: Rs 20 per trade | Intraday: Free

Currency Futures :

Rs 9 per lot

Currency Options Currency Options :

Rs 20 per order

Currency Options :

Delivery: Rs 20 per trade | Intraday: Free

Currency Options :

Rs 5 per lot

Monthly Fee Monthly Fee :

NA

Monthly Fee : - Monthly Fee :

Rs 499 (One Time)

Margin Trading Margin Trading : - Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

Rs 20 per order

Commodity Futures :

Delivery: Rs 20 per trade | Intraday: Free

Commodity Futures :

0.039%

Commodity Options Commodity Options :

Rs 20 per order

Commodity Options :

Delivery: Rs 20 per trade | Intraday: Free

Commodity Options :

Rs 39 per lot


IIFL vs Kotak Securities Exchange Transaction Charges

IIFL Exchange Transaction Charges Equity Future is Rs 210 per Cr (0.0021%) and Equity Options is Rs 5100 per Cr (0.051%) (on premium) . Kotak Securities Exchange Transaction Charges Equity Future is NSE: 0.0019% and Equity Options is NSE: 0.05% on Premium .

IIFL Kotak Securities
Equity Delivery Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Delivery :

NSE: 0.00325%, BSE: 0.00325%

Equity Intraday Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Intraday :

NSE: 0.00325%, BSE: 0.00325%

Equity Future * Equity Future :

Rs 210 per Cr (0.0021%)

Equity Future :

NSE: 0.0019%

Equity Options * Equity Options :

Rs 5100 per Cr (0.051%) (on premium)

Equity Options :

NSE: 0.05% on Premium

Currency Futures * Currency Futures :

Rs 210 per Cr (0.0021%)

Currency Futures :

NSE: 0.0009%, BSE: 0.00022%

Currency Options Currency Options :

Rs 5100 per Cr (0.051%) (on premium)

Currency Options :

NSE: 0.035%, BSE: 0.001%

Commodity Commodity :

Group A - Rs 280 per Cr (0.0028%)

Commodity :

MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%


IIFL vs Kotak Securities Other Charges

IIFL and Call & Trade is Rs 50 per call . Kotak Securities Minimum Brokerage is Rs 21 per executed order and Call & Trade is Rs 50 per call .

IIFL Kotak Securities
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage :

Rs 21 per executed order

Call & Trade Call & Trade :

Rs 50 per call

Call & Trade :

Rs 50 per call

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

0.04% (minimum ₹25 per debit transaction)

DP Charges (on sell side) :

0.04% of transaction value (minimum Rs 20)

Other Miscellaneous Charges Other Miscellaneous Charges :

Advisory SMS - Rs 50 per month

Other Miscellaneous Charges : -

IIFL vs Kotak Securities Features

IIFL and Kotak Securities both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

IIFL Kotak Securities
Trading Platform Trading Platform :

IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App

Trading Platform :

Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

No

Trading Alerts Trading Alerts :

No

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

Yes

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers :

  • 25+ years of experience.
  • Part of prestigious Kotak Mahindra Bank.
  • Offer 3-in-1 account (Bank + Trading + Demat Account)
  • Physical presence in 393 cities.
  • Free Technical, Fundamental, Derivatives, Macro-economic and mutual fund research.
  • Different brokerage plans to suit your needs.

Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

No


IIFL vs Kotak Securities Demat Account Charges

A comparative table of various demat account charges between IIFL and Kotak Securities is below:

IIFL Kotak Securities
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0 (free)

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Nil

AMC AMC :

Rs 250 (free for 1st year)

AMC :

Rs 600 per year

Dematerialisation Charges Dematerialisation Charges :

Rs 15 per certificate

Dematerialisation Charges :

Rs. 150 per certificate + Rs. 50 per request courier charges

Rematerialisation Charges Rematerialisation Charges :

Rs 15 per certificate

Rematerialisation Charges :

Rs.10 for 100 securities (Minimum payable Rs.15)

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 25 per debit transaction

Transaction Charges (debit) :

0.04% + NSDL charges (minimum Rs 20)

Pledge Creation Charges Pledge Creation Charges :

Rs 10

Pledge Creation Charges :

Rs 20 per ISIN

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 0

Pledge Creation Confirmation Charges :

Rs 20 per ISIN

Pledge Invocation Charges Pledge Invocation Charges :

Rs 15

Pledge Invocation Charges :

Rs 20 per ISIN

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges : -
Other Charges Other Charges :

Conversion of MF units: Rs 0, Reconversion of MF units: Rs 0, Courier Charges: Rs 100 per request

Other Charges : -

IIFL vs Kotak Securities Basic Details

IIFL Year of Incorporation is 1996 and Total Number of Clients is 1139902 and Total Number of Branches is 900 . Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 1290410 and Total Number of Branches is 153 .

IIFL Kotak Securities
Year of Incorporation Year of Incorporation :

1996

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX, and NCDEX

Active Exchange Memberships :

NSE, BSE,MCX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : https://www.indiainfoline.com Website : http://www.kotaksecurities.com
Contact Details Contact Details :

022-400710000

Contact Details :

1800222299

Total Number of Clients Total Number of Clients :

1,139,902

Total Number of Clients :

1,290,410

Total Number of Branches Total Number of Branches :

900

Total Number of Branches :

153

Products * Products :

Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking

Products :

Investment banking, Institutional broking, retail broking, private wealth management, and financial product distribution


IIFL vs Kotak Securities Orders

Orders

IIFL Kotak Securities
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

Yes

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes


IIFL vs Kotak Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

IIFL Kotak Securities
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

Yes

Comparison * Comparison :

Yes

Comparison :

Yes

Free Tips * Free Tips :

Yes

Free Tips :

Yes

Daily Market report * Daily Market report :

Yes

Daily Market report :

Yes

ETF research * ETF research :

Yes

ETF research :

Yes

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

Yes


IIFL vs Kotak Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

IIFL Kotak Securities
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs.75,000 to Rs.2,00,000

Investment required for Franchisee / AP :

Minimum deposit of Rs 3 lakh (negotiable)


IIFL vs Kotak Securities Product & Services

IIFL and Kotak Securities both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

IIFL Kotak Securities
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

Yes

Call in Trade * Call in Trade :

Yes

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

Yes

NRI Services * NRI Services :

Yes

NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

No

Brokerage Calculator :

No

Margin Calculator * Margin Calculator :

No

Margin Calculator :

No

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No


IIFL vs Kotak Securities Customer Services

IIFL and Kotak Securities both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

IIFL Kotak Securities
Toll Free Number * Toll Free Number :

No

Toll Free Number :

Yes

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

Yes

Branch Offices :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

Yes

Community Service :

Yes

Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No


IIFL vs Kotak Securities Other Investement

IIFL and Kotak Securities both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

IIFL Kotak Securities
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

Yes

Insurance Services * Insurance Services :

Yes

Insurance Services :

Yes

Banking Services * Banking Services :

No

Banking Services :

Yes


IIFL vs Kotak Securities Trading Platform

IIFL and Kotak Securities both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

IIFL Kotak Securities
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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