IIFL Vs Kotak Securities compare brokerage charges | best bank for demat account | share market trading | Discover Broker

Kotak

VS

IIFL

Background Services
Type of Broker Full Service Full Service
Founded 1994 1995
Active Clients 4,37,822 2,14,149
Product Offered Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. 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. 0 Rs. 0
Demat Account Rs. 0 Rs. 0
Commodity Account Rs. 0 Rs. 0
Annual Maintenance Charges
Trading Account Rs. 999 Free for 5 years, 6th year onwards 400 + GST
Demat Account Rs. 50 per month for Indian Resident & Rs. 75 per month for NRI Free for 5 years, 6th year onwards 400 + GST
Commodity Account Rs. 0 Rs. 0
Brokerage Charges
Equity Delivery 0.49% on turnover per order 0.50% on turnover
Equity Intraday 0.49% on turnover per order 0.05% on turnover
Equity Futures 0.49% on turnover per order 0.05% on turnover
Currency Futures 0.49% on turnover per order 0.05% on turnover
Commodity Futures 0.49% on turnover per order -
Equity Options Rs. 300 per lot 1% on premium or Rs.100 per lot
Currency Options Rs. 300 per lot -
Commodity Options - -
Technology
Trading Platform Keat Pro X. IIFL Trader Terminal.
Features
Shortcut Keys Yes Yes
Heat Map No Yes
Charting No Yes
Intraday Data (Days) - -
EOD Data (Days) - -
Leverages
Equity Delivery No leverage 5x on turnover
Intraday
Equity Spot 15x on turnover 10 - 15x on turnover
Equity Futures and Options 5x on ESM 10 - 12x on ESM
Currency Futures and Options 2x on ESM 10 - 12x on ESM
Commodity Futures and Options 2x on ESM 10 - 12x on ESM
Intraday with BO & CO
Equity Spot No leverage No leverage
Equity Futures and Options No leverage No leverage
Currency Futures and Options No leverage No leverage
Commodity Futures and Options No leverage No leverage
Customer Support
Phone Yes Yes
Email Yes Yes
Transaction Alerts Yes Yes
Live Chat Yes Yes
Relationship Manager Yes Yes




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