Comparison –  Indianinfoline Vs Kotak Securities

IIFL Kotak Securities
Year of Incorporation 1996 1994
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL/CDSL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable
0.05% for Intraday & 0.5% for Delivery – Reduces upto 0.01/0.1 if brokerage paid upfront
Equity Futures 0.05% of Turnover – Negotiable 0.05% – Reduces upto 0.01% if brokerage paid upfront
Equity Options Rs 100/lot – Negotiable Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Currency Futures Rs 25/lot – Negotiable 0.05% – Reduces upto 0.01% if brokerage paid upfront
Currency Options Rs 10/lot – Negotiable Rs 100/lot – Reduces upto Rs 30/lot if brokerage paid upfront
Commodity 0.03% – Negotiable 0.05% – Reduces upto 0.01% if brokerage paid upfront
Account opening charges
Trading and Demat Rs 750 NA
Only Trading NA Rs 750
Commodity Nill Rs 250
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 5 Days
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest
Upto 15 Times for Intraday, For Delivery upto 3 times but at Interest of Rs 75/Lakh/day or @24%/annum
Equity Futures Upto 3 times for Intraday Upto 5 times Intraday
Equity Options Buying no leverage, Shorting upto 3 times Buying No Margin, Shorting upto 2 times for Intraday
Currency Futures Upto 2 times for Intraday Upto 2 times Intraday
Currency Options Buying no leverage, Shorting upto 2 times Buying No Margin, Shorting upto 2 times for Intraday
Commodity Upto 3 times for Intraday Upto 2 times Intraday
Serviceable
3 in 1 Account NO YES
Instant Fund withdrawal NO YES
Instant Fund Transfer YES YES
Relationship Managers YES YES