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:

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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

Company TypePublicPrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaHyderabad, India
FounderNirmal JainC Parthasarathy
Established Year19951983

India Infoline vs Karvy Customer Ratings Comparison

Customer RatingsIIFLKarvy
Products & Services8.0/106.5/10
Brokerage Charges & Fees6.3/107.0/10
Stock Research & Advisory6.5/106.7/10
Trading Platforms7.0/106.5/10
Overall Ratings7.1/106.5/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews2931265

IIFL vs Karvy Demat Account Comparison

Demat ServicesIIFLKarvy
Depository SourceNSDL & CDSLCDSL
Account Opening ChargesRs.1300Free
Demat AMC ChargesFree or Rs.300 per AnnumRs.500 per Annum
Trading AMC ChargesFreeFree
Margin MoneyMinimum Rs.25,000Zero to Rs.1 lakh
Offline to OnlineYesNo

Karvy vs IIFL Brokerage Charges Comparison

Brokerage Charge & FeesIIFLKarvy
Equity Delivery Trading0.50%0.1% – 0.3%
Equity Intraday Trading0.05%0.01% – 0.03%
Commodity Options Trading0.05%0.01% – 0.03%
Equity Futures Trading0.05%0.01% – 0.03%
Equity Options TradingRs.100 per Lot or 1% of Premium (Takes higher Amount)Rs.10 – Rs.30 per lot
Currency Futures Trading0.05%0.01% – 0.03%
Currency Options TradingRs.100 per Lot or 1% of Premium (Takes higher Amount)Rs.10 – Rs.30 per lot
Minimum BrokerageRs.0.05 per SharePercentage of Transacton
Demat AMC ChargesFree or Rs.300 per AnnumRs.500 per annum
Trading AMC ChargesFreeFree
Margin MoneyMinimum Rs.25,000Zero to Rs.1 lakh
Brokerage CalculatorIIFL Brokerage CalculatorKarvy Brokerage Calculator

Karvy & India Infoline Other Charges Comparison

Other ChargesIIFLKarvy
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare Karvy & IIFL Offers

Free Demat AccountRR
Free Trading AccountSS
Discount on BrokerageSS
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of IIFL vs Karvy

Demat ServicesRR
Trading ServicesRR
3 in 1 AcountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 10xUpto 20x

Compare Karvy & IIFL Research & Advisory

Research & AdvisoryIIFLKarvy
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsRS
IPO ReportsRR
Top PicksRS
Daily Market ReviewRS
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

IIFL vs Karvy Exposure/Leverage

Exposure / LeverageIIFLKarvy
Equity DeliveryUpto 5xUpto 10x
Equity IntradayUpto 10xUpto 20x
Equity FuturesUpto 7xUpto 10x
Equity OptionsUpto 5xUpto 15x
Currency FuturesUpto 8xUpto 12x
Currency OptionsUpto 5xUpto 10x
CommoditiesUpto 8xUpto 12x

IIFL vs Karvy Product Comparison

Equity TradingRR
Commodity TradingRR
Currency TradingRR
Mutual FundsRR

IIFL vs Karvy Trading Platform Comparison

Trading PlatformsIIFLKarvy
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementRR

IIFL vs Karvy Customer Support

Customer SupportIIFLKarvy
Dedicated DealerRR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Support Number1800 3000 1155040 – 6750 6200
Email SupportRR
Chat SupportRS
Toll Free Number1800 3000 11551800 419 8283

IIFL vs Karvy Customer Complaints

Complaints (Current Year)IIFLKarvy
Lodged in BSE145210
Resolved in BSE122185
Lodged in NSE214165
Resolved in NSE212143

Compare IIFL with other Brokers & Karvy with other Brokers:

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Karvy vs Anand RathiIIFL vs HDFC Securities
Karvy vs EdelweissIIFL vs Edelweiss
Karvy vs Motilal OswalIIFL vs Motilal Oswal
Karvy vs ICICI DirectIIFL vs ICICI Direct
Karvy vs Kotak SecuritiesIIFL vs Kotak Securities
Karvy vs Angel BrokingIIFL vs Angel Broking
Karvy vs SharekhanIIFL vs Sharekhan
Karvy vs ZerodhaIIFL vs Zerodha

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