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Kotak Securities Vs Groww (Compare Kotak Securities and Groww)

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ...

Kotak Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Kotak Securities Vs Groww

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 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	153	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 (Free). 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 (Free)
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

Kotak Securities Vs Groww Brokerage

Kotak Securities brokerage charges for equity is 0.25% (Minimum Rs 20 per trade) 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% (Minimum Rs 20 per trade)	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	Rs 20 per executed order
Equity Options	Delivery: Rs 20 per trade \| Intraday: Free	Rs 20 per executed order
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: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Kotak Securities Vs Groww Brokerage Plan 2

	Kotak Securities	Groww
Account Type	Dealer Assisted Plan	Standard Plan
Fixed Charges	Rs 499 (One Time)	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%	Rs 20 per executed order
Equity Options	Rs 39 per lot	Rs 20 per executed order
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

Kotak Securities Vs Groww Transaction Charges

Kotak Securities transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	Kotak Securities	Groww
Equity Delivery	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures	NSE Rs 95 per Cr (0.00095%) \| BSE Rs 22 per Cr (0.00022%)
Currency Options	NSE Rs 3700 per Cr (0.037%) \| BSE Rs 100 per Cr (0.001%) (on premium)	(on premium)
Commodity	MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% \| Commodity Options: MCX : 0.05% & 0 for NCDEX	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
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
Trading In SME Shares Allowed?
Referral Program
Other Features	3-in-1 account
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Kotak Securities Vs Groww Review

Kotak Securities is rated 2.4 of 5 based on 198 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.

	Kotak Securities	Groww
	198 Customer Reviews	101 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.4 of 5 based on 198 customer reviews	Groww is rated 3.8 of 5 based on 101 customer reviews

Contact Broker / Request A Call Back

	Kotak Securities Enquire	Groww Enquire
Contact Broker	Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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)
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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	Kotak Securities is a bank-based broker offering a 3-in-1 account. Brokerage free intraday trading with online trading plans. Zero brokerage across all segments for investors up to the age of 30 years. Company is part of leading private bank (Kotak Mahindra Bank). NEST trading platform is available for frequent traders. Charges are lowest amoung bank-based brokers.	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	High Equity delivery brokerage charges. High demat AMC changes (Rs 66 per month). Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox. A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years. The customer has to pay a yearly plan subscription fee of Rs 499. Very high brokerage in dealer-assisted brokerage plan. Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. 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 Securities Special Offer Kotak Securities Trade Free Plan Open a 3-in-1 account and get: Brokerage-Free Intraday trades (Equity and F&O). Flat Rs. 20 per trade brokerage in F&O Interested in opening a trading account? Open Instant Account Now	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
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