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Kotak Securities Vs Groww (Compare Kotak Securities and 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...

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

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 Charges & Plans

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	0.49%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.049% (both side)	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.049% (both side)	NA
Equity Options	Rs 300 per lot	NA
Currency Futures		NA
Currency Options		NA
Commodity Futures	0.070%	NA
Commodity Options		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	0.59% to 0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.06% to 0.05%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.07% to 0.05%	NA
Equity Options	2.5% to 1.8%	NA
Currency Futures	0.04% or Rs 20 per lot	NA
Currency Options	Rs 20 to Rs 7.5 per lot	NA
Commodity Futures		NA
Commodity Options		NA

Kotak Securities Charges Vs Groww

Minimum Brokerage	Rs 21 per executed order	Rs 20 or 0.05% per executed order
Other 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 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

Kotak Securities Vs Groww Leverage (Margin)

Kotak Securities margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Kotak Securities	Groww
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

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
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 2.4 of 5 based on 170 customer reviews whereas Groww is rated 3.7 of 5 based on 31 customer reviews.

	Kotak Securities	Groww
	170 Customer Reviews	31 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 170 customer reviews	Groww is rated 3.7 of 5 based on 31 customer reviews

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. Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you....

Kotak Securities Vs Groww Investment Options

	Kotak Securities	Groww
Stock / Equity
Commodity
Currency
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.	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	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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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Kotak Securities	Groww
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