Both the brokers are registered with SEBI. Kotak Securities offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Kotak Securities Max Rs. 20 per order per trade while the brokerage of Groww ranges between Rs 20. Kotak Securities is a Full Service Broker where Groww is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Groww is 51,65,760 where number of active customer for Kotak Securities is 10,56,932. Groww is serving more customer compare to Kotak Securities.
Here we present side-by-side comparison of Kotak Securities vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs Groww's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of Kotak Securities vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Kotak Securities vs Groww's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|Broker Overview||Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear...||Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok...|
Comparison of Kotak Securities with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Kotak Securities charges Rs 600 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Kotak Securities with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where Groww doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Kotak Securities||Groww|
|Account Opening Request|
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 a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
|Brokerage Charges Compare||Kotak Securities||Groww|
|Plan Name||Kotak Securities Trade Free Plan||Flat Brokerage Plan|
|Equity Delivery||0.25% or Rs 20 whichever is higher||0.05% or Rs 20 whichever is lower|
|Equity Intraday||Free||0.05% or Rs 20 whichever is lower|
|Equity Futures||Delivery: Rs. 20 per order| Intraday: Free||Flat Fee Rs 20|
|Equity Options||Delivery: Rs. 20 per order| Intraday: Free||Flat Fee Rs 20|
|Currency Futures||Delivery: Rs. 20 per order| Intraday: Free||Not Available|
|Currency Options||Delivery: Rs. 20 per order| Intraday: Free||Not Available|
|Commodity Trading||Delivery: Rs. 20 per order| Intraday: Free||Not Available|
|Minimum Brokerage||Rs 21 per executed order||NIL|
|Hidden Charges||No||Info Not Available|
|Funding||12.49% interest PA||Info Not Available|
|Call & Trade Charges||20 calls free and after that Rs 20 per call||Rs 50 Per Executable Order|
|Auto Square off Charges||20 calls free and after that Rs 20 per call||Rs 50 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for Kotak Securities||Brokerage Calculator for Groww|
Compare Kotak Securities with Groww on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Kotak Securities||Groww|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 110 Per Cr||NA|
|Currency Options||Rs 4000 Per Cr||NA|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for kotak-securities||Complete Brokerage Plans for groww|
Compare Kotak Securities with Groww 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 Groww offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Kotak Securities offers NRI where Groww doesn't offers NRI Trading.
|Account Features Compare||Kotak Securities||Groww|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
|Other Features||Trading software terminal: Keat Pro X||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||Kotak Securities||Groww|
|Desktop Trading Platform||KEAT Pro X|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat||Yes|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Kotak Stock Trader||Yes|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod Yes Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS Yes Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Yes, DirectTrade - Rs 2999 PA||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Kotak Securities||Equity Intraday and Delivery Brokerage Calculator for Groww|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Kotak Securities||Futures Brokerage Calculator for Groww|
|Options Brokerage Calculator||Options Brokerage Calculator for Kotak Securities||Options Brokerage Calculator for Groww|
|Detail||Detail on Trading Platforms for kotak-securities||Detail on Trading Platforms for groww|
Compare Kotak Securities with Groww 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Kotak Securities offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Kotak Securities||Groww|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Kotak Securities with Groww on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak Securities provide Cover Orders (CO) where Groww doesn't offer.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) - Kotak Securities provide Bracket Orders (BO) where Groww doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Kotak Securities offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Kotak Securities offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Kotak Securities||Groww|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Kotak Securities with Groww on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||Kotak Securities||Groww|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||1800 209 9191||9108800604|
|Account Opening Process||Offline||Online|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034|
Compare Kotak Securities with Groww on research reports and tips provided by the broker.
Compare Kotak Securities with Groww on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Groww is Zero where for Kotak Securities is ₹780 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for Groww is ₹8 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹780 pa||Zero|
|Statutory charges||Nil||Legal Charges|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹27) + CDSL charges||₹8 + ₹5.50 CDSL charges|
|Demat||₹3 per certificate + ₹50 courier charges||₹150 per certificate + courier charges|
|Remat||₹10 for every hundred securities (Min ₹15)||₹150 per certificate + courier charges|
|Pledge Creation||0.05% of transaction value (Min ₹30)||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Creation Confirmation||0.05% of transaction value (Min ₹30)||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure||0.05% of transaction value (Min ₹30)||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure Confirmation||0.05% of transaction value (Min ₹30)||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Invocation||0.05% of transaction value (Min ₹30)||₹20 + Rs. 12 per request (CDSL Charges)|
|Failed Instruction Charges||Nil||₹50|
Compare Kotak Securities with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||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.
|pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||(ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank||Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.|
|Bank Detail||Direct from your Kotak Mahindra bank account.||Info Not Available|
Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;
Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;
|Enquiry||Open Kotak Securities Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-01-12T21:46:37+00:00
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