FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

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

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

Here we present side-by-side comparison of ICICIDirect vs IIFL Securities vs Kotak Securities stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs IIFL Securities vs Kotak Securities 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 ICICIDirect vs IIFL Securities vs Kotak Securities in this setion with 360 degree view of broker information.

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Service

  ICICIDirect Compare
ICICIDirect
IIFL Securities Compare
IIFL Securities
Kotak Securities Compare
Kotak Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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
Broker Enquiry Request call back from Zerodha Request call back from IIFL Securities Request call back from Kotak Securities
Expand

Account Opening Charges and AMC

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

In this section we have compared ICICIDirect vs IIFL Securities vs Kotak Securities on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect and IIFL Securities offer Free account opening where Kotak Securities charges Rs 99 for account opeing. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account, where Kotak Securities charges Rs 600 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
Charges ICICIDirect IIFL Securities Kotak Securities
Trading Account Opening Fees Free Free Rs 99
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 250 PA (Free for 1st year) Rs 600 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Plan Options

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

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Plan Options
Plan Types ICICIDirect IIFL Securities Kotak Securities
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha IIFL Securities Kotak Securities
Account Opening Request
Expand

Brokerage Charges

Compare ICICIDirect vs IIFL Securities vs Kotak Securitieson Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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.

Brokerage Charges - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
Brokerage Charges Compare ICICIDirect IIFL Securities Kotak Securities
Plan Name NEO Flat Discount Brokerage Plan IIFL iSERVE Brokerage Plan Kotak Securities Trade Free Plan
Equity Delivery 0.55% Flat Rs 20 per order 0.25%
Equity Intraday Flat Rs. 20 per order Flat Rs 20 per order Free
Equity Futures Free (Rs. 0 brokerage) Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Equity Options Flat Rs. 20 per order Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Free
Currency Futures Flat Rs. 20 per order Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Currency Options Flat Rs. 20 per order Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Commodity Trading Flat Rs. 20 per order Flat Rs 20 per order Delivery: Flat fee Rs. 20 per order| Intraday: Fre
Minimum Brokerage Rs 35 per trade Rs 21 per executed order
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA 12.49% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 50 Per Call + GST 20 calls free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for IIFL Securities Brokerage Calculator for Kotak Securities
Expand

Share Broker's Transaction Charges

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
Transaction Charges Compare ICICIDirect IIFL Securities Kotak Securities
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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for kotak-securities
Expand

Account Features

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Account Features

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect and Kotak Securities offers 3-in-1 Account where IIFL Securities 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 - ICICIDirect vs IIFL Securities vs Kotak Securities
Account Features Compare ICICIDirect IIFL Securities Kotak Securities
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat 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 No Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare ICICIDirect vs IIFL Securities vs Kotak Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect vs IIFL Securities vs Kotak Securities. 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 ICICIDirect vs IIFL Securities vs Kotak Securities
Trading Platform Compare ICICIDirect IIFL Securities Kotak Securities
Desktop Trading Platform Trade Racer IIFL Trader terminal Neo
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://ttweb.indiainfoline.com

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

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile IIFL Markets Kotak Neo
Mobile Trading App Demo ICICI direct Mobile Demo IIFL Markets Demo Kotak Neo Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod IIFL Markets Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS IIFL Markets Download iOS Kotak Neo 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 ICICIDirect Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Kotak Securities
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Kotak Securities
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Kotak Securities
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for kotak-securities

Expand

Broker Ratings by Users

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on User Rating

  ICICIDirect IIFL Securities Kotak Securities
  267 Customer Reviews    Rate ICICIDirect 82 Customer Reviews    Rate IIFL Securities 82 Customer Reviews    Rate Kotak Securities
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews
Expand

Investment Offerings

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Investment Offerings

Compare ICICIDirect vs IIFL Securities vs Kotak Securities 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 - IIFL Securities and Kotak Securities offers Commodity Trading where ICICIDirect doesn't 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 ICICIDirect vs IIFL Securities vs Kotak Securities
Investment Offerings Compare ICICIDirect IIFL Securities Kotak Securities
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity No Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking Yes No Yes
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options NIL NIL NIL
Expand

Order Types

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Order Types

Order Type - Compare ICICIDirect vs IIFL Securities vs Kotak Securities on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Kotak Securities provides Bracket Orders (BO) facility where ICICIDirect and IIFL Securities doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
Order Type Compare ICICIDirect IIFL Securities Kotak Securities
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No No Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
Expand

Customer Service Offered

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Customer Service

Compare ICICIDirect vs IIFL Securities vs Kotak Securities 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 ICICIDirect vs IIFL Securities vs Kotak Securities
Customer Service Compare ICICIDirect IIFL Securities Kotak Securities
24/7 Customer Service No Yes No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 1860 123 1122 022-40071000 1800 209 9191
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
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
Website https://www.icicidirect.com https://www.indiainfoline.com/ https://www.kotaksecurities.com
Expand

Tips/Research/Reports Published

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

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

Research Reports - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
  ICICIDirect IIFL Securities Kotak Securities
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
Expand

Demat Account

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Demat Account

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

Demat Charges - Compare ICICIDirect vs IIFL Securities vs Kotak Securities
  ICICIDirect IIFL Securities Kotak Securities
DP Source CDSL CDSL CDSL
DP ID 14300 44700 49200
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹400 pa ₹780 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil NA
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges
Demat ₹50 per set up ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹10 for every hundred securities (Min ₹15)
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹50 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil 0.05% of transaction value (Min ₹30)
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) Nil 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹30 per transaction Nil Nil
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

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

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

Compare ICICIDirect vs IIFL Securities vs Kotak Securities on Special Offers and Promotion
  ICICIDirect IIFL Securities Kotak Securities
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.
Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank
Bank Detail Direct from your ICICI bank account. India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Direct from your Kotak Mahindra bank account.
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • 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...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • 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...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for ICICIDirect Enquire for IIFL Securities Enquire for Kotak Securities

Last Updated on 2023-09-14T04:34:26+00:00