The side-by-side comparison of Kotak Securities and Groww. Compare Kotak Securities Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Groww?
Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
Kotak securitie...
Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
Kotak Securities trading account opening charges is Rs 750 while Groww account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and Groww Demat Account AMC Charges is Rs 0.
Kotak Securities | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 750 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 600 | Rs 0 |
Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
Kotak Securities | Groww | |
---|---|---|
Account Type | Fixed Brokerage Plan | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.49% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.049% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.049% (both side) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 300 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | NA | |
Currency Options Trading Brokerage | NA | |
Commodity Futures Trading Brokerage | 0.070% | NA |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback. |
Kotak Securities | Groww | |
---|---|---|
Account Type | Dynamic Brokerage Plan | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.59% to 0.30% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.06% to 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.07% to 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | 2.5% to 1.8% | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.04% or Rs 20 per lot | NA |
Currency Options Trading Brokerage | Rs 20 to Rs 7.5 per lot | NA |
Commodity Futures Trading Brokerage | NA | |
Commodity Options Trading Brokerage | NA |
Minimum Brokerage Charges | Rs 21 per executed order | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | SMS Alerts at Rs 50 per month | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
Call & Trade Charges | Rs 20 per call after first 20 free calls in a month | NA |
Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Groww exchange transaction charges for options is NA.
Kotak Securities | Groww | |
---|---|---|
Equity Delivery | 0.1% (Buy and Sell) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | 0.025% (on Sell trade) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | 0.01% (on Sell trade) | NA |
Equity Options | 0.05% (on Sell trade premium) or 0.125% (on options) | NA |
Currency Futures | NA | NA |
Currency Options | NA | NA |
Commodity | 0.01% on sell side | NA |
Kotak Securities provides the margin of 50 times for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
Kotak Securities | Groww | |
---|---|---|
Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | 50 times | Up to 8x (based on the stock) |
Equity Futures | 12 to 15 times | NA |
Equity Options | Selling: 200 times | Buying: 10 times | NA |
Currency Futures | NA | NA |
Currency Options | NA | NA |
Commodity Futures | NA | NA |
Commodity Options | NA |
The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Groww offers Groww trading software.
Kotak Securities | Groww | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite | Groww |
Intraday Square-off Time | 3:10 PM | |
Other Features | 3-in-1 account | |
Referral Program |
Kotak Securities is rated 2.5 of 5 based on 163 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
Kotak Securities | Groww | |
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Promo / Offers | Kotak 3-in-1 AccountKotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF. Looking for an online trading account? Request Callback from a stock broker. |
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