Check reviews of other Share brokers

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

Open Account

Kotak Securities

	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 796313 and Total Number of Branches is 900 . Kotak Securities Year of Incorporation is 1994 and Total Number of Clients is 1088641 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 : 796,313	Total Number of Clients : 1,088,641
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
Contact Now