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IIFL Securities Vs Kotak Securities Vs Sharekhan: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Sharekhan ranges between 0.1 to 0.5%. All 3 brokers are full service brokers. Overall rating for IIFL Securities is 4, Kotak Securities is rated 4, Sharekhan is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Kotak Securities vs Sharekhan stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs Kotak Securities vs Sharekhan on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs Kotak Securities vs Sharekhan in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Service

  IIFL Securities Compare
IIFL Securities
Kotak Securities Compare
Kotak Securities
Sharekhan Compare
Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert...Know more about Kotak Securities Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan
Broker Enquiry Request call back from Sharekhan Request call back from IIFL Securities Request call back from Kotak Securities
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Account Opening Charges and AMC

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Kotak Securities vs Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Charges IIFL Securities Kotak Securities Sharekhan
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 600 PA Rs 400 PA (Free for 1st year))
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs Kotak Securities vs Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and Sharekhan offers Multiple Plans where IIFL Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Plan Options
Plan Types IIFL Securities Kotak Securities Sharekhan
Multiple Plans No Yes Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Sharekhan IIFL Securities Kotak Securities
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Kotak Securities vs Sharekhanon Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Brokerage Charges Compare IIFL Securities Kotak Securities Sharekhan
Plan Name IIFL iSERVE Brokerage Plan Kotak Securities Trade Free Plan Sharkehan Brokerage Plan
Equity Delivery Flat Rs 20 per order 0.25% 0.30%
Equity Intraday Flat Rs 20 per order Free 0.02%
Equity Futures Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.02%
Equity Options Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 20 per lot
Currency Futures Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.02%
Currency Options Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 5 per lot
Commodity Trading Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 20 per lot
Minimum Brokerage Rs 21 per executed order Rs 20
Hidden Charges Info Not Available No
Call & Trade Charges Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call Free
Auto Square off Charges Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call Free
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Kotak Securities Brokerage Calculator for Sharekhan
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Share Broker's Transaction Charges

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Transaction Charges

Compare IIFL Securities vs Kotak Securities vs Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Transaction Charges Compare IIFL Securities Kotak Securities Sharekhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for sharekhan
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Account Features

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Account Features

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where IIFL Securities and Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - IIFL Securities vs Kotak Securities vs Sharekhan
Account Features Compare IIFL Securities Kotak Securities Sharekhan
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. Yes, IIFL Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs Kotak Securities vs Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Kotak Securities vs Sharekhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Trading Platform Compare IIFL Securities Kotak Securities Sharekhan
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://www.sharekhan.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets Kotak Neo Sharekhan
Mobile Trading App Demo IIFL Markets Demo Kotak Neo Demo Sharekhan Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS Kotak Neo Download iOS Sharekhan Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Sharekhan
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for sharekhan

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Broker Ratings by Users

Compare IIFL Securities vs Kotak Securities vs Sharekhan on User Rating

  IIFL Securities Kotak Securities Sharekhan
  82 Customer Reviews    Rate IIFL Securities 82 Customer Reviews    Rate Kotak Securities 184 Customer Reviews    Rate Sharekhan
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Sharekhan is Rated 3.6 / 5 based on 184 customer reviews
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Investment Offerings

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Investment Offerings

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Investment Offerings Compare IIFL Securities Kotak Securities Sharekhan
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes No
PMS Service Yes Yes Yes
Other Investment Options NIL NIL NIL
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Customer Service Offered

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Customer Service

Compare IIFL Securities vs Kotak Securities vs Sharekhan on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs Kotak Securities vs Sharekhan
Customer Service Compare IIFL Securities Kotak Securities Sharekhan
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 1800 209 9191 1800227500
Account Opening Process Online/Paperless Online Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.sharekhan.com/help/hello
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Website https://www.indiainfoline.com/ https://www.kotaksecurities.com https://www.sharekhan.com
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Tips/Research/Reports Published

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Research Reports, Tips

Compare IIFL Securities vs Kotak Securities vs Sharekhan on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs Kotak Securities vs Sharekhan
  IIFL Securities Kotak Securities Sharekhan
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Demat Account

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Kotak Securities vs Sharekhan
  IIFL Securities Kotak Securities Sharekhan
DP Source CDSL CDSL CDSL
DP ID 44700 25100 36000
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹780 pa ₹500 pa
Advance Deposit Nil NA Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹50 courier charges ₹5 per certificate (Min 50 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹10 for every hundred securities (Min ₹15) ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation ₹50 0.05% of transaction value (Min ₹30) 0.03% (Min ₹100)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation Nil 0.05% of transaction value (Min ₹30) Nil
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Special Offers and Promotion

Compare IIFL Securities vs Kotak Securities vs Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Kotak Securities vs Sharekhan on Special Offers and Promotion
  IIFL Securities Kotak Securities Sharekhan
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

Special Offers/Promo
Enquire for IIFL Securities Enquire for Kotak Securities Enquire for Sharekhan

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