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... Know more about Kotak Securities

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 Groww Invest Tech Pvt Ltd, which 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 offe... Know more about Groww

Kotak Securities Vs Groww

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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 SecuritiesGroww
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXNSE and BSE
Year of Incorporation19942016
Number of Branches1530
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Vs Groww Charges & AMC

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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 SecuritiesGroww
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 600Rs 0

Kotak Securities Vs Groww Brokerage

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Kotak Securities brokerage charges for equity is 0.20% and intraday is Rs 10 per order or 0.05%, whichever is lower 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 TypeKotak Securities Trade Free PlanGroww Standard Plan
Fixed ChargesNA
Equity Delivery0.20%Rs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderNA
Currency OptionsRs 10 per orderNA
Commodity FuturesRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Commodity OptionsRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Special Offer
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

Kotak Securities Vs Groww Brokerage Plan 2

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 Kotak SecuritiesGroww
Account TypeTrade Free YouthStandard Plan
Fixed ChargesNA
Equity DeliveryRs 0Rs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderNA
Currency OptionsRs 10 per orderNA
Commodity FuturesRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Commodity OptionsRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Vs Groww Brokerage Plan 3

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 Kotak SecuritiesGroww
Account TypeTrade Free ProStandard Plan
Fixed ChargesNA
Equity Delivery0.10%Rs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderNA
Currency OptionsRs 10 per orderNA
Commodity FuturesRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Commodity OptionsRs 10 per orderRs 20 per executed order or 0.05% whichever is low
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Charges Vs Groww

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Minimum BrokerageRs 20 or 0.05% per executed order
Other ChargesPhysical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade ChargesRs 49 + GST per executed orderNA
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Vs Groww Leverage (Margin)

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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 SecuritiesGroww
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)
Open Kotak Securities AccountOpen Groww Account

Compare Kotak Securities and Groww Features

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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 SecuritiesGroww
3 in 1 AccountYesNo
Automated TradingYesNo
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)NoYes
Trading PlatformWebsite, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, XtraliteGroww
Intraday Square-off Time3:10 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoNo
Other Features3-in-1 account
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Vs Groww Review

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Kotak Securities is rated of 5 based on 202 customer reviews whereas Groww is rated of 5 based on 107 customer reviews.

 Kotak SecuritiesGroww
 202 Customer Reviews    Rate Kotak Securities107 Customer Reviews    Rate Groww
FeesRated 2.4 starsRated 4.2 stars
BrokerageRated 2.3 starsRated 3.8 stars
Trading PlatformRated 3.2 starsRated 3.8 stars
Customer ServiceRated 2.8 starsRated 3.5 stars
Research CapabilitiesRated 2.7 starsRated 3.1 stars
Overall RatingRated 2.4 starsRated 3.8 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 202 customer reviewsGroww is Rated 3.8 / 5 based on 107 customer reviews

Contact Broker / Request A Call Back

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 Kotak SecuritiesGroww
Contact Broker
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

Kotak Securities Vs Groww Investment Options

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 Kotak SecuritiesGroww
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

Kotak Securities Vs Groww Order Type Offered

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 Kotak SecuritiesGroww
Bracket OrderYesNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo
Open Kotak Securities AccountOpen Groww Account

Kotak Securities Vs Groww Suitable For Investor Type

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 Kotak SecuritiesGroww
Casual InvestorYesYes
Active InvestorYesNo
TraderNoNo

Kotak Securities Vs Groww - Pros and Cons

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 Kotak SecuritiesGroww
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.
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years.
  • The account switching fees for existing clients is Rs 499.
  • Margin funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  • Do not provide stock tips, research reports, or recommendations.
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-Rs 10 Intraday trades (Equity and F&O).
  • Flat Rs. 10 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Groww Special Offer

Invest in Stocks and Mutual Funds on Groww

  • Free Demat & Trading account opening
  • Zero brokerage on Direct Mutual Fund investments
  • Equity brokerage — ₹20 or 0.1% per order (whichever is lower, minimum ₹5)
  • Transparent pricing with no hidden charges
  • Trusted by millions of investors across India

Start your investment journey today!
Open your FREE Groww account and start investing instantly.

Open Kotak Securities AccountOpen Groww Account
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Side-by-Side Comparison of Broker