Kotak Securities vs IIFL – Compare Brokerage Charges, Demat Account & more
Here is a detailed comparison of Kotak Securities vs IIFL. Kotak Securities is rated a one of the best broking house by many in the stock broking industry while IIFL is one of the oldest full service broker in the country. This is quite an interesting comparison between Kotak Securities & IIFL.
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
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This Kotak Securities & IIFL comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare IIFL & Kotak Securities:
Overview of Kotak Securities & IIFL | ||
| Overview | Kotak Securities | IIFL |
| Company Type | Public | Public |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Mumbai, India |
| Founder | Uday Raj Kotak | Nirmal Jain |
| Established Year | 1994 | 1995 |
Kotak Securities vs IIFL Customer Ratings Comparison | ||
| Customer Ratings | Kotak Securities | IIFL |
| Experience | 7.0/10 | 8.0/10 |
| Products & Services | 8.6/10 | 8.0/10 |
| Brokerage Charges & Fees | 6.5/10 | 6.3/10 |
| Stock Research & Advisory | 9.0/10 | 6.5/10 |
| Trading Platforms | 8.9/10 | 7.0/10 |
| Overall Ratings | 8.0/10 | 7.1/10 |
| Star Ratings | ★★★★★ | ★★★★☆ |
| Total Client Reviews | 865 | 293 |
Kotak Securities vs India Infoline Demat Account Comparison | ||
| Demat Services | Kotak Securities | IIFL |
| Depository Source | NSDL & CDSL | NSDL & CDSL |
| Account Opening Charges | Zero | Rs.1300 |
| Demat AMC Charges | Free or Rs.300 per Annum | Free or Rs.300 per Annum |
| Trading AMC Charges | 500 | Free |
| Margin Money | Minimum Rs.25,000 | Minimum Rs.25,000 |
| Offline to Online | No | Yes |
IIFL vs Kotak Securities Brokerage Charges Comparison | ||
| Brokerage Charge & Fees | Kotak Securities | IIFL |
| Equity Delivery Trading | 0.49% | 0.50% |
| Equity Intraday Trading | 0.049% | 0.05% |
| Commodity Options Trading | NA | 0.05% |
| Equity Futures Trading | 0.049% | 0.05% |
| Equity Options Trading | Rs.100 per Lot | Rs.100 per Lot or 1% of Premium (Takes higher Amount) |
| Currency Futures Trading | 0.049% | 0.05% |
| Currency Options Trading | Rs.70 per Lot | Rs.100 per Lot or 1% of Premium (Takes higher Amount) |
| Minimum Brokerage | Rs.21 per Trade | Rs.0.05 per Share |
| Demat AMC Charges | Free or Rs.300 per Annum | Free or Rs.300 per Annum |
| Trading AMC Charges | Rs.500 per Annum | Free |
| Margin Money | Minimum Rs.25,000 | Minimum Rs.25,000 |
| Brokerage Calculator | Kotak Securities Brokerage Calculator | IIFL Brokerage Calculator |
India Infoline & Kotak Securities Other Charges Comparison | ||
| Other Charges | Kotak Securities | IIFL |
| Transaction Charges | 0.00320% of Total Turnover | 0.00325% of Total Turnover |
| 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 IIFL & Kotak Securities Offers | ||
| Offers | Kotak Securities | IIFL |
| Free Demat Account | R | R |
| Free Trading Account | S | S |
| Discount on Brokerage | S | S |
| Trading Happy Hours | R | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | S |
| Referral Offers | S | R |
| Zero Brokerage for Loss Making Trades | R | S |
Compare Services of Kotak Securities vs IIFL | ||
| Services | Kotak Securities | IIFL |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Acount | R | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 12x | Upto 10x |
Compare IIFL & Kotak Securities Research & Advisory | ||
| Research & Advisory | Kotak Securities | IIFL |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | R | R |
| Annual Reports | R | R |
| Company Stock Review | S | R |
| Free Stock Tips | R | R |
| IPO Reports | R | R |
| Top Picks | S | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Kotak Securities vs IIFL Exposure/Leverage | ||
| Exposure / Leverage | Kotak Securities | IIFL |
| Equity Delivery | Upto 10x | Upto 5x |
| Equity Intraday | Upto 20x | Upto 10x |
| Equity Futures | Upto 10x | Upto 7x |
| Equity Options | Upto 20x | Upto 5x |
| Currency Futures | Upto 10x | Upto 8x |
| Currency Options | Upto 15x | Upto 5x |
| Commodities | Upto 10x | Upto 8x |
Kotak Securities vs IIFL Product Comparison | ||
| Products | Kotak Securities | IIFL |
| Equity Trading | R | R |
| Commodity Trading | S | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | R |
| Banking | R | S |
| SIP | R | R |
| Insurance | R | S |
Kotak Securities vs IIFL Trading Platform Comparison | ||
| Trading Platforms | Kotak Securities | IIFL |
| 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 |
Kotak Securities vs IIFL Customer Support | ||
| Customer Support | Kotak Securities | IIFL |
| Dedicated Dealer | R | R |
| Offline Trading | R | S |
| Online Trading | R | R |
| 24*7 Support | R | S |
| Support Number | 1800 222 299 | 1800 3000 1155 |
| Email Support | R | R |
| Chat Support | S | R |
| Toll Free Number | 1800 222 299 | 1800 3000 1155 |
| Branches | 160 | 120 |
Kotak Securities vs IIFL Customer Complaints | ||
| Complaints (Current Year) | Kotak Securities | IIFL |
| Lodged in BSE | 185 | 145 |
| Resolved in BSE | 182 | 122 |
| Lodged in NSE | 226 | 214 |
| Resolved in NSE | 214 | 212 |
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