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The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Kotak Securities ranges between Rs. 20 per order. All 3 brokers are full service brokers. Overall rating for IIFL Securities is 4, Motilal Oswal is rated 4, Kotak Securities is rated 4 out of 5.
Here we present side-by-side comparison of IIFL Securities vs Motilal Oswal 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 IIFL Securities vs Motilal Oswal 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 IIFL Securities vs Motilal Oswal vs Kotak Securities in this setion with 360 degree view of broker information.
 IIFL Securities |
 Motilal Oswal |
 Kotak Securities |
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| 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,...  |
Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. | 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... |
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In this section we have compared IIFL Securities vs Motilal Oswal vs Kotak Securities 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, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Kotak Securities charges Rs 600 PA AMC for Demat account.
| Charges | IIFL Securities | Motilal Oswal | Kotak Securities |
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| 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 400 per annum [Free for 1st year] | Rs 600 PA |
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Plans are the most important feature you look when compare IIFL Securities vs Motilal Oswal vs Kotak Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where IIFL Securities and Motilal Oswal doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | IIFL Securities | Motilal Oswal | Kotak Securities |
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| Multiple Plans |  |
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| IIFL Securities | Zerodha | Kotak Securities | |
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| Account Opening Request |
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency 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 | IIFL Securities | Motilal Oswal | Kotak Securities |
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| Plan Name | IIFL iSERVE Brokerage Plan | Default Brokerage Plan | Kotak Securities Trade Free Plan |
| Equity Delivery | Flat Rs 20 per order | 0.20% | 0.25% |
| Equity Intraday | Flat Rs 20 per order | 0.02% | Free |
| Equity Futures | Flat Rs 20 per order | 0.02% | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
| Equity Options | Flat Rs 20 per order | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Free |
| Currency Futures | Flat Rs 20 per order | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
| Currency Options | Flat Rs 20 per order | Rs 20 per lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
| Commodity Trading | Flat Rs 20 per order | Futures: 0.02%| Options: Rs 200 Per Lot | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
| Minimum Brokerage | Rs 21 per executed order | ||
| Hidden Charges | Info Not Available | No | |
| Funding | Yes - 18% interest PA | Yes - 18% interest PA | 12.49% interest PA |
| Call & Trade Charges | Rs 50 Per Call + GST | NA | 20 calls free and after that Rs 20 per call |
| Auto Square off Charges | Rs 50 Per Call + GST | NA | 20 calls free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Motilal Oswal | Brokerage Calculator for Kotak Securities |
Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | IIFL Securities | Motilal Oswal | Kotak Securities |
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| 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 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 iifl-securities | Complete Brokerage Plans for motilal-oswal | Complete Brokerage Plans for kotak-securities |
Compare IIFL Securities vs Motilal Oswal vs Kotak Securities 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 Motilal Oswal 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 Compare | IIFL Securities | Motilal Oswal | Kotak Securities |
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| 3 in 1 Account | |
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| Algo Trading | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Motilal Oswal 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 | IIFL Securities | Motilal Oswal | Kotak Securities |
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| Desktop Trading Platform | IIFL Trader terminal | Orion Lite | Neo |
| Desktop Demo | Desktop Demo | Desktop Demo | Desktop Demo |
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| Web Trading Platform | |
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| Web Trading Detail |
https://ttweb.indiainfoline.com |
https://power.motilaloswal.com/MOSL/userMaster/login |
https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat |
| Web Trading Demo | Info Not Available | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading App | IIFL Markets | MO Trader | Kotak Neo |
| Mobile Trading App Demo | IIFL Markets Demo | MO Trader Demo | Kotak Neo Demo |
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| Android App Download | Andriod IIFL Markets Download | Andriod MO Trader Download | Andriod Download |
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| iOS App Download | iOS IIFL Markets Download | iOS MO Trader Download | iOS Kotak Neo Download |
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| 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 Motilal Oswal | Equity Intraday and Delivery Brokerage Calculator for Kotak Securities |
| Futures Brokerage Calculator | Futures Brokerage Calculator for IIFL Securities | Futures Brokerage Calculator for Motilal Oswal | Futures Brokerage Calculator for Kotak Securities |
| Options Brokerage Calculator | Options Brokerage Calculator for IIFL Securities | Options Brokerage Calculator for Motilal Oswal | Options Brokerage Calculator for Kotak Securities |
| Detail | Detail on Trading Platforms for iifl-securities | Detail on Trading Platforms for motilal-oswal | Detail on Trading Platforms for kotak-securities |
| IIFL Securities | Motilal Oswal | Kotak Securities | ||
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82 Customer Reviews
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57 Customer Reviews
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82 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews | Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews | Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews |
Compare IIFL Securities vs Motilal Oswal 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 - 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 | Motilal Oswal | Kotak Securities |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare IIFL Securities vs Motilal Oswal 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) - Motilal Oswal and Kotak Securities provides Bracket Orders (BO) facility where 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 Type Compare | IIFL Securities | Motilal Oswal | Kotak Securities |
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| CNC order | |
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| MIS order | |
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Compare IIFL Securities vs Motilal Oswal 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 Service Compare | IIFL Securities | Motilal Oswal | Kotak Securities |
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| 24/7 Customer Service | |
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| Customer Care Number | 022-40071000 | 022 40548000/022 67490600 | 1800 209 9191 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx | https://edumo.motilaloswal.com/ | https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank |
| Head Office Address | IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604 |
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 |
| Website | https://www.indiainfoline.com/ | https://www.motilaloswal.com/ | https://www.kotaksecurities.com |
Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on research reports and tips provided by broker.
| IIFL Securities | Motilal Oswal | Kotak Securities | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
| IIFL Securities | Motilal Oswal | Kotak Securities | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 44700 | 10900 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹400 pa | ₹780 pa |
| Advance Deposit | Nil | NIL | NA |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | 0.04% (Min ₹27) + CDSL charges |
| Demat | ₹15 per certificate + ₹40 courier charges | ₹50 per certificate + ₹50 courier charges | ₹3 per certificate + ₹50 courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | ₹10 for every hundred securities (Min ₹15) |
| Pledge Creation | ₹50 | ₹35 | 0.05% of transaction value (Min ₹30) |
| Pledge Creation Confirmation | Nil | Nil | 0.05% of transaction value (Min ₹30) |
| Pledge Closure | Nil | ₹35 | 0.05% of transaction value (Min ₹30) |
| Pledge Closure Confirmation | Nil | Nil | 0.05% of transaction value (Min ₹30) |
| Pledge Invocation | Nil | ₹35 | 0.05% of transaction value (Min ₹30) |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare IIFL Securities vs Motilal Oswal vs Kotak Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| IIFL Securities | Motilal Oswal | Kotak Securities | |
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| Pay In and Pay Out Options | 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 funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor 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 | Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. | Max 24 hrs except bank holidays. | Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. |
| Bank Supported and Charges | Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. | Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. | (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank |
| Bank Detail | India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC |
Info Not Available | Direct from your Kotak Mahindra bank account. |
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There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;
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There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;
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| Special Offers/Promo | Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin) | ||
| Enquire for IIFL Securities | Enquire for Motilal Oswal | Enquire for Kotak Securities |
Last Updated on 2023-09-14T04:42:55+00:00
