Kotak Securities Vs Groww (Compare Kotak Securities and Groww)

Kotak Securities Vs Groww

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	Groww
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	NSE and BSE
Account Type	Fixed Brokerage Plan	Standard Plan
Year of Incorporation	1994	2016
Number of Branches	1209	0
Broker Enquiry

Kotak Securities Vs Groww Charges & AMC

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 Vs Groww Brokerage

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 Vs Groww Brokerage Plan 2

	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

Kotak Securities Charges Vs Groww

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 Vs Groww Transaction Charges

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 Vs Groww Leverage (Margin)

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

Compare Kotak Securities and Groww Features

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
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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 Vs Groww Review

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
	163 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 163 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

Kotak Securities Vs Groww Investment Options

	Kotak Securities	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Kotak Securities Vs Groww Order Type Offered

	Kotak Securities	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Kotak Securities Vs Groww Research Report

	Kotak Securities	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs Groww Suitable For Investor Type

	Kotak Securities	Groww
Casual Investor
Active Investor
Trader

Kotak Securities Vs Groww - Pros and Cons

	Kotak Securities	Groww
Pros	Offers 3-in-1 Account (trinity account). Kotak Security is a full services broker offering wide range of investment options and research reports. Kotak Securities has extended network of 1400+ branches across India. It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market. Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
Reviews
Promo / Offers	Kotak 3-in-1 Account Kotak 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.