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Kotak Securities Vs Groww (Compare Kotak Securities and Groww)

Kotak Securities Ltd Logo

About 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... Know more about Kotak Securities Ltd

Nextbillion Technology pvt ltd Logo

About 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... Know more about Nextbillion Technology pvt ltd

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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
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 1994 2016
Number of Branches 1209 0
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Kotak Securities Vs Groww Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) 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 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 0

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Kotak Securities Vs Groww Brokerage

Kotak Securities brokerage charges for equity is 0.25% and intraday is Free 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.

Account Type Kotak Securities Trade Free Plan Groww Standard Plan
Fixed Charges NA
Equity Delivery 0.25% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Free Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Delivery: Rs 20 per trade | Intraday: Free NA
Equity Options Delivery: Rs 20 per trade | Intraday: Free NA
Currency Futures Delivery: Rs 20 per trade | Intraday: Free NA
Currency Options Delivery: Rs 20 per trade | Intraday: Free NA
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free NA
Commodity Options Delivery: Rs 20 per trade | Intraday: Free 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 Dealer Assisted Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.39% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.039% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.039% NA
Equity Options Rs 39 per lot NA
Currency Futures Rs 9 per lot NA
Currency Options Rs 5 per lot NA
Commodity Futures 0.039% NA
Commodity Options Rs 39 per lot NA
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Kotak Securities Charges Vs Groww

Minimum Brokerage Rs 21 per executed order Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 50 per call NA

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Kotak Securities Vs Groww Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Groww exchange transaction charges for options is NA.

  Kotak Securities Groww
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE: 0.0019% NA
Equity Options NSE: 0.05% on Premium NA
Currency Futures NSE: 0.0009%, BSE: 0.00022% NA
Currency Options NSE: 0.035%, BSE: 0.001% NA
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% NA
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Kotak Securities Vs Groww Leverage (Margin)

Kotak Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Kotak Securities Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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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 Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) No No
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
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Kotak Securities Vs Groww Review

Kotak Securities is rated 2.4 of 5 based on 173 customer reviews whereas Groww is rated 4.1 of 5 based on 52 customer reviews.

  Kotak Securities Groww
  173 Customer Reviews    Rate Kotak Securities 52 Customer Reviews    Rate Groww
Fees 2.4 4.3
Brokerage 2.3 4.0
Trading Platform 3.2 4.0
Customer Service 2.8 3.7
Research Capabilities 2.6 3.1
Overall Ratings Rated 2.4 stars Rated 4.1 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 173 customer reviews Groww is rated 4.1 of 5 based on 52 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Groww Enquire
Contact Broker 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.
Leave your contact information and we will get in touch with you....

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Kotak Securities Vs Groww Investment Options

  Kotak Securities Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits

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Kotak Securities Vs Groww Order Type Offered

  Kotak Securities Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
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Kotak Securities Vs Groww Research Report

  Kotak Securities Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Kotak Securities Vs Groww Suitable For Investor Type

  Kotak Securities Groww
Casual Investor Yes Yes
Active Investor Yes
Trader

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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.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

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.

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