KIFS Trade Capital Review 2024, Charges, Demat, Platforms, Features and more
Last Updated Date: Jan 02, 2024KIFS Trade Capital is a flagship company of KIFS Groups, incorporated in the year 1995. KIFS Securities is a multi-dimensional financial services group in the field of debt markets, equities markets, corporate finance, merchant banking, investment banking, wealth management and commodities.
Ratings and Review by Top10StockBroker
Customer Ratings & Review | |
Criteria | Rating |
Research & Advisory | 6.1/10 |
Brokerage Charges & Fees | 6.2/10 |
Product & Services | 5.8/10 |
Trading Platforms | 6.3/10 |
Broking Experiences | 6.2/10 |
Overall Rating | 6.1/10 |
About KIFS Trade Capital
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Mumbai |
Director | Kushal Khandwala |
Established Year | 1995 |
KIFS Financial Services Limited (KIFS FSL) is a Non-Banking Financial Corporation registered with RBI under the group of a Loan Company and is a Subsidiary Company of KIFS Securities Limited, which is a Khandwala integrated business enterprise, Ahmedabad, the flagship company of the Khandwala group.
The group is into the business of Stock and Commodities Broking, Depository Services, Arbitrage, and Portfolio Manager. The flagship Company of the Croup via; KIFS Securities Limited is a member of MCX-SX, USE, NSE, BSE, OTCEI, and DP of NSDL & Portfolio Manager.
One of the additional subsidiary companies of KIFS Securities Limited is KIFS Commodities Pvt. Ltd., which is FMC Registered Commodity broker & member of NCDEX, MCX, and ACE. Since its inception, KIFS Stock Broking has gained immense success and has been able to reach a good place in the Stock market segment.
Open Demat Account with KIFS Trade Capital Securities
KIFS Trade Capital Brokerage Charges
KIFS Brokerage Charges | |
0.30% | |
Equity Intraday | 0.03% |
Equity Futures | 0.03% |
Equity Options | Intraday: Rs 20 per lot | Carry Forward: Rs 20 per lot |
Currency Futures | 0.03% |
Currency Options | Intraday: Rs 20 per lot | Carry Forward: Rs 20 per lot |
Commodity | 0.03% / Rs 30 per lot |
Minimum Brokerage | Rs.30 per Trade |
Demat A/C AMC Charges | Rs.330 |
Trading A/C AMC Charges | Free |
Margin Money | Rs.0 – Rs.300,000 |
Brokerage charges offered by KIFS are very low as compared to other leading Stock Broking Houses. It provides percentage along with per lot options both to the merchants and they can select which one they prefer.
It works on the concept of Margin Funding. Intraday Trading Brokerage at KIFS Financial Services Limited lies between 0.03% and for Options Trading per lot is between Rs.20 per Lot.
KIFS offers three distinct Brokerage plans to its customers. They can choose the plan as per their requirements and trading pattern. The basic difference in the plans is that the Brokerage charges changes as per the Margin Money deposited.
Plan 1 | Plan 2 | Plan 3 | |
Equity Delivery Trading | 0.30% | 0.20% | 0.10% |
Equity Intraday Trading | 0.030% | 0.020% | 0.010% |
Commodity Options Trading | 0.030% | 0.020% | 0.010% |
Equity Futures Trading | 0.030% | 0.020% | 0.010% |
Equity Options Trading | Rs.30 per Lot | Rs.25 per Lot | Rs.20 per Lot |
Currency Futures Trading | 0.030% | 0.020% | 0.010% |
Currency Options Trading | Rs.30 per Lot | Rs.25 per Lot | Rs.20 per Lot |
Minimum Brokerage | Rs.30 per Trade | Rs.30 per Trade | Rs.30 per Trade |
Account Opening Fees | Free | Free | Free |
Trading A/C AMC Charges | Free | Free | Free |
Margin Money | Rs.25,000 – Rs.49,999 | Rs.50,000 – Rs.99,999 | Rs.100,000 Plus |
In Plan 1 where the Margin money would be minimum between Rs. 25,000 – Rs.49,999; the client would have to bear 0.30% as delivery brokerage charge; whereas when the customer deposits Rs.1,00,000 plus in Plan 3, his delivery brokerage charge changes to 0.10%. The Trading Account Opening and AMC are absolutely free under all three plans.
KIFS Trade Capital Other Charges
Besides, Brokerage Charges, there are some other charges towards STT, SEBI Turnover charges, Transaction, Stamp Duty and GST which are also charged during Trade. However, these are a very nominal charge, which doesn’t really affect Return of Investment or Profit percentage. Moreover these are charges incurred by the government and are in no control from the Stock Broker’s end.
Other Charges | |
SEBI Turnover Charges | 0.00005% (₹5/Crore) |
STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.
Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Margin Funding Charges | NA |
Reactivation Charges | Rs 20 per instruction |
Account Closure Charges | Rs 30 per instruction |
Dematerialisation Charges | Rs 10 per certificate + Rs 50 per request |
Pledge Creation | Rs 20 + Rs 12 per request (CDSL Charges) |
Pledge Invocation | Rs 20 |
Margin Pledge/Unpledge/ Pledge closure | Rs 20 + Rs 12 per request (CDSL Charges) |
Margin Repledge | Rs 32 per ISIN |
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KIFS Stock Broker Demat Account Opening Fees
Demat Account Opening Fees | |
Rs 0 (Free) | |
Trading AMC [Yearly] | Rs 0 |
Demat Charges [One Time] | Rs 0 |
Demat AMC [Yearly] | Rs 330 |
Margin Money | Rs.25,000 – Rs.100,000 |
Offline to Online | Yes |
There are almost nil charges for Demat Account Opening at KIFS. There is certainly an AMC charge of Rs. 330 per year for all those who deposit less than 1,00,000 as their Margin money; however wherever the Margin money exceeds Rs. 1Lac, the AMC is waived off.
The least Margin Money is Rs.25,000 but one can choose to deposit more as well and in turn get some reduction on the Brokerage charges. There is also an option available for changing an account from Offline to Online.
KIFS Trade Capital Offers
Offers | |
Free Demat Account | Yes |
Free Trading Account | Yes |
Discount on Brokerage | No |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | Yes |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
KIFS Financial Services Limited has clinched the change, but at the same time, they are keen on preserving their values. They are eager to tap into new territory and help you trade with more confidence. The broking house offers Flexible Brokerage Plans, 1 Month Brokerage Free, Free Trading Account and many more to benefits all its consumers.
They work on a principal of Margin Money calculation; the more the margin money deposited, the better services and facilities you would enjoy on your trading account with them. Hence, they are promoting more Margin Money concept to ensure serious business and greater output.
How to Open KIFS Demat Account?
- To open up a Demat Account, just fill up the form here & you will get a call
- Fill all the details correctly such as Applicant Name, Date of Birth, Contact details, and so forth.
- Submit KYC documents such as PAN and Aadhar Card, Birth Proof, Address Proof, one Identity proof and passport size photograph.
- Once successfully submitted all the documents online, someone from the KIFS Sales team will contact you to fix the person verification step.
- Once the personal verification is completed, KIFS Trade Capital would get the Demat Account started within 24 hrs.
Open Demat Account with KIFS Trade Capital Securities
Why Open KIFS Trade Capital Trading Account?
- A trading account is essential which enables a person to start trading with his or her shares. The Demat Account will only hold the shares safe.
- KIFS Trade Capital offers first-rate Trading platforms to trade, hence making the overall experience simple and trouble-free.
- The KIFS Trade Capital Trading account allows you to trade in all segments at one go be it Commodity, Equity, or Currency.
- KIFS Trade Capital offers strong and in-depth study and analysis of Market. It includes market trending, which gives you an upper hand than other contenders.
- The Broking House offers flexible brokerage plans for all types of traders & investors.
KIFS Trade Capital Products and Services
Mentioned are the list of Products and services offered by KIFS Trade Capital to its customers:
Products of KIFS Trade Capital:
Products: | |
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | No |
Equity trading is the major offerings of KIFS Trade Capital to its customers. This is the leading portfolio in which it has most of its client base and it also offers assistance from all angles for them.
Products offered by LKP Securities are:
- Equity Trading
- Commodity
- SIP
- Insurance
- IPO
- Currency
- Options Trading
- Futures Trading
- Mutual Funds
From innovative idea to final execution, experts at KIFS Trade Capital deliver strategies and solutions to trade in the equity and derivative market with ease. They hand-hold a person in equity trading and lend very useful guidance to manage risks involved in derivatives trading.
Derivative market comprises of trading with options and futures. The in-house research team creates insightful research reports to keep the customer up-to-date with the movements of the market and the performance of investment assets. KIFS experts will guide the customers with strategies to increase the possibilities of enhancing their earnings, through the hedging activity, arbitrage, or margin trade.
They also deal extensively in Mutual funds offering all types of Mutual funds to customers from Tax Savings Mutual Funds to Capital Gain Bonds to Growth funds and Dividend funds as well. Hence KIFS offers a plethora of Products to its customers thus making it a one-stop-shop solution for all their financial needs.
KIFS Trade Capital Services:
Services: | |
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | No |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 5 Times |
Diversify the portfolio and save taxes with a wide range of mutual fund investment ideas and a host of world class services offered by the experienced team of KIFS Trade Capital.
One can enjoy carefully selected mutual fund investment plans to fulfill their investment goals. Right from choosing well-suited mutual funds to enabling flawless management of the portfolio of diversified funds, experts at KIFS take care of each and every need.
The fund managers guide the customers with in-depth information and research insights. The various Stock analysis and recommendations that the team does on a real-time basis help you make informed decisions about your funds diversification and helps your earn more profits.
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KIFS Trade Capital Research, Advisory and Stock Tips
Research, Advisory & Stock Tips | |
Fundamental Reports | No |
Research Reports | Yes |
Company Reports | No |
Annual Reports | No |
Company Stock Review | Yes |
Free Stock Tips | Yes |
IPO Reports | No |
Top Picks | Yes |
Daily Market Review | No |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
KIFS Trade Capital is recognized for the amount of asset it has done for its strong investigation team which gathers out data from all features of trading and brings out correct analysis for its clientele.
The amounts of reports published and offered give you an insight into how meticulously they work on statistics and historical trends. With a bright, fresh vision the renowned company has turned a new page in the history book of trading, redefining the perception of trust-worthy trades and of doing more with less.
They also allocate a dedicated Relationship Manager for each portfolio so that you get undivided attention from the experts and your funds are managed in the most fruitful way.
KIFS Trade Capital Exposure or Leverage
Exposure or Leverage | |
Equity Delivery | 1x |
Equity Intraday | Upto 5x |
Equity Futures | 1x |
Equity Options | 1x |
Currency Futures | 1x |
Currency Options | 1x |
Commodities | 1x |
KIFS Trade Capital provides up to 5 times exposure to their clients. Exposure depends on other factors like:
- Tenure of the customer.
- Type of Segment you are trading for.
- Quantum of trading per month.
- Overall portfolio of the customer.
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IPO Investment with KIFS Trade Capital
IPO or Initial Public Offer gives the patron the opportunity to invest early in companies and gain high investment returns. The teams at KIFS Trade Capital track the details of companies entering the capital markets.
Their timely guidance will guide the customer to make the right investments for the portfolio, at the precise time. They enable the clients to make the better allocation of their capital in alignment with the IPO issue date.
A Customer can also enjoy value-added services such as forthcoming IPO updates, brief profiles of companies entering the market.
The experts at KIFS have the precise networks and resources to give the right advice to the customers about risk and returns along with best-in-class services.
IPO FUNDING (RETAIL): With the help of this product, the KIFS provide funding facility for Primary market investment for the retail group (IPO Financing).
KIFS Trading Platforms
Trading Platforms | |
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | No |
Desktop Browser Platform | Yes |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | No |
Windows App Platform | No |
Other Mobile OS Platform | No |
Real time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | No |
News Flash | No |
Research Reports | Yes |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | Yes |
Interactive Charts | No |
Live Markets | Yes |
SMS Alerts | No |
Email Alerts | Yes |
Multi Account Management | No |
Lets discuss in detail about the various trading platforms the company provides:
KIFS Tradeon Trading App
KIFS brings to its customers a unique Trading platform KIFS Tradeon Trading App which enables faster and smoother trading transactions. The App has received an award of being the “Best Trading App of the year”.
It is one of smartest Mobile applications which allows the customer to fearlessly trade from anywhere. An enhanced version app which enables best trading experience while buying and selling of stocks.
You can monitor the market updates and fluctuations on a real time basis, take expert advice instantly, get streaming quotes and fast trading tips all on your handy device.
KIFS Tradeon+ enables you to keep track of your investments and view your Holdings, Ledger, Trade details, open Position, Derivatives etc all in one app.
It also provides secure fund transfer facility wherein you can transfer funds from your Savings account to your trading account and vice versa at any given point in time. You can do a whole lot of activities using this Tradeon+ app and it will surely enhance your portfolio as a trader.
KIFS Trade Capital Customer Support
Customer Support | |
Dedicated Dealer | Yes |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No (8:30am – 8:30pm) |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 5 |
KIFS Trade Capital extends various customer service options to its customers. Customer can email on the Email Support and get resolution for all your problems.
KIFS Trade Capital Complaints and Feedback
Here is the list of all complaints raised at both the exchanges.
Complaints & Feedback | |
Lodged in BSE | 102 |
Resolved in BSE | 68 |
Lodged in NSE | 123 |
Resolved in NSE | 86 |
The KIFS Trade Capital team is constantly working on improving customer experience.
KIFS Trade Capital Advantages and Disadvantages
Below are the list of Pros & Cons of KIFS
Advantages of KIFS Trade Capital:
- Located in various cities.
- Great deals and offers on brokerage and customizable brokerage choices.
- Strong governance over Mutual funds and offerings.
- Flexible Exposure policies.
- Strong Research and analytics capability.
- User-Friendly trading tools and platforms.
- The Trading platform being accessible in all devices is also a benefit.
- Dedicated Relationship manager for bigger portfolios.
Disadvantages of KIFS Trade Capital:
- Minimum brokerage charges are applicable.
- Brokerage calculator is not available online.
- Online Demat account and trading account opening should also be an option.
Conclusion of KIFS Trade Capital:
Whether a person is a day trader, a fundamental investor or a positional trader, steady financial growth is what matters. So, if he or she is serious about increasing the profits and making the best out of the trading opportunities, they need to work with the topmost trading company of the market. KIFS Trade Capital is by the side in every step of the client, increasing the profits while saving the time of customers.
Trading without precise analysis is nothing short of gambling. It is similar to driving blindfolded. They understand that extra income and savings are essential. The Company also know that they would be drained out in a short time period if the person will depend on tips and dismiss the value of research. At KIFS, the priority is to make sure you earn sustainable returns.
KIFS Trade Capital is a professional online trading platform, the most advanced of its type, and it will deliver a smooth and well-off online trading experience. The system of KIFS can handle well over 150,000 mapped customers. Even with around 10-12,000 customers trading at the same time, the system delivers a peak performance.
Ever since the year 1987, the company had made fair and transparent trading its priority. With over 100,000 customers gained over the last years, they have never compromised to offer best services to the customers. The platform at KIFS is tailored to help the person to make the best of his or her transactions.
Open Demat Account with KIFS Trade Capital
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