IIFL Vs Karvy compare brokerage charges |stock broker india | Demat account opening charges | Discover Broker

Karvy

VS

IIFL

Background Services
Type of Broker Full Service Full Service
Founded 1983 1995
Active Clients 2,66,287 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits.
Depository NSDL & CDSL CDSL
Advisory / Research tips
Advisory Yes Yes
Charges
Account Opening Charges
Trading Account Rs. 650 Rs. 0
Demat Account Rs. 650 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account After first year Rs. 500 Free for 5 years, 6th year onwards 400 + GST
Demat Account After first year Rs. 500 Free for 5 years, 6th year onwards 400 + GST
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 2.5% on turnover 0.50% on turnover
Equity Intraday 0.25% on turnover 0.05% on turnover
Equity Futures 0.25% on turnover 0.05% on turnover
Currency Futures 0.25% on turnover 0.05% on turnover
Commodity Futures 0.25% on turnover -
Equity Options 0.25% on turnover 1% on premium or Rs.100 per lot
Currency Options 0.25% on turnover -
Commodity Options 0.25% on turnover -
Technology
Trading Platform Karvy Nest. IIFL Trader Terminal.
Features
Shortcut Keys Yes Yes
Heat Map Yes Yes
Charting Yes Yes
Intraday Data (Days) Daily -
EOD Data (Days) Daily -
Leverages
Equity Delivery 2x on turnover 5x on turnover
Intraday
Equity Spot 10x on turnover 10 - 15x on turnover
Equity Futures and Options 5x on ESM 10 - 12x on ESM
Currency Futures and Options 5x on ESM 10 - 12x on ESM
Commodity Futures and Options 5x on ESM 10 - 12x on ESM
Intraday with BO & CO
Equity Spot 25x on turnover No leverage
Equity Futures and Options 25x on ESM No leverage
Currency Futures and Options 25x on ESM No leverage
Commodity Futures and Options 25x on ESM No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts No Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




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