IIFL vs Karvy – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of IIFL vs Karvy. This comparison includes all metrics required to give a detailed idea about both the stock brokers. In this comparison we will cover the similarities between IIFL vs Karvy along with differences.

IIFL vs Karvy

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Best Stock Brokers in India:

Compare Stock Brokers

This IIFL vs Karvy comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare IIFL vs Karvy:

Overview of IIFL & Karvy

Overview IIFL Karvy
Company Type Public Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Hyderabad, India
Founder Nirmal Jain C Parthasarathy
Established Year 1995 1983

India Infoline vs Karvy Customer Ratings Comparison

Customer Ratings IIFL Karvy
Experience 8.0/10 6.0/10
Products & Services 8.0/10 6.5/10
Brokerage Charges & Fees 6.3/10 7.0/10
Stock Research & Advisory 6.5/10 6.7/10
Trading Platforms 7.0/10 6.5/10
Overall Ratings 7.1/10 6.5/10
Star Ratings ★★★★☆ ★★★☆☆
Total Client Reviews 293 1265

IIFL vs Karvy Demat Account Comparison

Demat Services IIFL Karvy
Depository Source NSDL & CDSL CDSL
Account Opening Charges Rs.1300 Free
Demat AMC Charges Free or Rs.300 per Annum Rs.500 per Annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Zero to Rs.1 lakh
Offline to Online Yes No

Karvy vs IIFL Brokerage Charges Comparison

Brokerage Charge & Fees IIFL Karvy
Equity Delivery Trading 0.50% 0.1% – 0.3%
Equity Intraday Trading 0.05% 0.01% – 0.03%
Commodity Options Trading 0.05% 0.01% – 0.03%
Equity Futures Trading 0.05% 0.01% – 0.03%
Equity Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.10 – Rs.30 per lot
Currency Futures Trading 0.05% 0.01% – 0.03%
Currency Options Trading Rs.100 per Lot or 1% of Premium (Takes higher Amount) Rs.10 – Rs.30 per lot
Minimum Brokerage Rs.0.05 per Share Percentage of Transacton
Demat AMC Charges Free or Rs.300 per Annum Rs.500 per annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.25,000 Zero to Rs.1 lakh
Brokerage Calculator IIFL Brokerage Calculator Karvy Brokerage Calculator

Karvy & India Infoline Other Charges Comparison

Other Charges IIFL Karvy
Transaction Charges 0.00325% of Total Turnover 0.00325% of Total Turnnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Karvy & IIFL Offers

Offers IIFL Karvy
Free Demat Account R R
Free Trading Account S S
Discount on Brokerage S S
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers R S
Zero Brokerage for Loss Making Trades S S

Compare Services of IIFL vs Karvy

Services IIFL Karvy
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
Trading Institution S S
Trading Exposure Upto 10x Upto 20x

Compare Karvy & IIFL Research & Advisory

Research & Advisory IIFL Karvy
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R R
Company Stock Review R R
Free Stock Tips R S
IPO Reports R R
Top Picks R S
Daily Market Review R S
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

IIFL vs Karvy Exposure/Leverage

Exposure / Leverage IIFL Karvy
Equity Delivery Upto 5x Upto 10x
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 7x Upto 10x
Equity Options Upto 5x Upto 15x
Currency Futures Upto 8x Upto 12x
Currency Options Upto 5x Upto 10x
Commodities Upto 8x Upto 12x

IIFL vs Karvy Product Comparison

Products IIFL Karvy
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R S
Banking S S
Insurance S S

IIFL vs Karvy Trading Platform Comparison

Trading Platforms IIFL Karvy
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R R
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R R

IIFL vs Karvy Customer Support

Customer Support IIFL Karvy
Dedicated Dealer R R
Offline Trading S R
Online Trading R R
24*7 Support S S
Support Number 1800 3000 1155 040 – 6750 6200
Email Support R R
Chat Support R S
Toll Free Number 1800 3000 1155 1800 419 8283
Branches 120 110

IIFL vs Karvy Customer Complaints

Complaints (Current Year) IIFL Karvy
Lodged in BSE 145 210
Resolved in BSE 122 185
Lodged in NSE 214 165
Resolved in NSE 212 143

Compare IIFL with other Brokers & Karvy with other Brokers:

Karvy vs Bonanza Portfolio IIFL vs SAMCO
Karvy vs HDFC Securities IIFL vs Bonanza Portfolio
Karvy vs Anand Rathi IIFL vs HDFC Securities
Karvy vs Edelweiss IIFL vs Edelweiss
Karvy vs Motilal Oswal IIFL vs Motilal Oswal
Karvy vs ICICI Direct IIFL vs ICICI Direct
Karvy vs Kotak Securities IIFL vs Kotak Securities
Karvy vs Angel Broking IIFL vs Angel Broking
Karvy vs Sharekhan IIFL vs Sharekhan
Karvy vs Zerodha IIFL vs Zerodha

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