Groww vs Kotak Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs Kotak Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and Kotak Securities.

Background

Year of Incorporation 2017 1995
Website https://groww.in/ https://www.kotaksecurities.com/
Phone +91 9108800604 1800-222299
Exchanges enabled NSE, BSE, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL/CDSL
Brokerage

Equity Rs 20 or 0.05% per order 0.05% or Rs 20 per Executed Order
Equity Futures Rs 20 per executed order 0.05% per Executed Order
Equity Options Rs 20 per executed order Rs 50 per lot
Currency Futures Not Available 0.05% per Executed Order
Currency Options Not Available Rs 50 per lot
Commodity Not Available 0.05% per Executed Order
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Rs. 0 Rs 0
Commodity Rs. 0 Rs 40
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% of Turnover
Futures 0.0035% 0.00436% of Turnover
Options 0.07% 0.0594% of Premium Turnover
Commodities 0.004% 0.00436% of Turnover
AMC charge Rs 0 Rs 600 per year
DP Transaction Charge Rs.13.5 per Scrip 0.04% or Rs 27/debit transaction whichever is higher
Offline order placing Charge Rs 25 Rs 20/call after the first 20 orders every month
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 5 Days
End of Day 10 days 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 15x for Intraday, For Delivery upto 3x
Equity Futures Upto 2x for intraday Upto 5x Intraday
Equity Options No leverage Buying No Margin, Shorting upto 2x for Intraday
Currency Futures Upto 2x for intraday Upto 2x Intraday
Currency Options No leverage Buying No Margin, Shorting upto 2x for Intraday
Commodity Upto 2x for intraday Upto 2x Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 70.6 crores Rs 145.1 Crores
Profit after Tax FY12/13 Rs 70.48 crores Rs 123.8 Crores
Profit after Tax FY13/14 Rs 73.78 Crore Rs 163.6 Crores
Profit after Tax FY 14/15 Rs 75.92 Crore Rs 178.53 Crores
Profit after Tax FY 15/16 Rs 82.85 Crore Rs 189.98 Crores
Profit after Tax FY 16/17 Rs 90.11 Crore Rs 163.29 Crores
Profit after Tax FY 17/18 Rs 106.09 Crore Rs 205.77 Crores
Profit after Tax FY 18/19 Rs 115.68 Crore Rs 240.95 Crores
Profit after Tax FY 19/20 Rs 120.61 Crore Rs 220.51 Crores
Profit after Tax FY 20/21 Rs 141.70 Crore Rs 189.58 Crores
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 211.88 Crores
Profit after Tax FY 22/23 Rs 205.65 Crore Rs 162.93 Crores
Debt FY11/12 Rs 51 Crores Rs 121 Crores
Debt FY12/13 Rs 41.5 Crores Rs 91 Crores
Debt FY13/14 Rs 42.93 Crores Rs 69 Crores
Debt FY14/15 Rs 49.48 Crores Rs 47.80 Crores
Debt FY15/16 Rs 41.73 Crores Rs 52.96 Crores
Debt FY16/17 Rs 54.26 Crores Rs 56.81 Crores
Debt FY17/18 Rs 69.77 Crores Rs 54.81 Crores
Debt FY18/19 Rs 57.16 Crores Rs 50.26 Crores
Debt FY19/20 Rs 51.39 Crores Rs 61.02 Crores
Debt FY20/21 Rs 57.47 Crores Rs 61.77 Crores
Debt FY21/22 Rs 77.59 Crores Rs 56.44 Crores
Debt FY22/23 Rs 80.11 Crores Rs 54.62 Crores
Profit to Equity(%) FY11/12 12.90% 8.40
Profit to Equity(%) FY12/13 12.38% 5.92
Profit to Equity(%) FY13/14 14.86% 8.28
Profit to Equity(%) FY14/15 17.05% 5.25
Profit to Equity(%) FY15/16 14.29% 6.34
Profit to Equity(%) FY16/17 19.11% 10.45
Profit to Equity(%) FY17/18 21.51% 12.00
Profit to Equity(%) FY18/19 18.17% 12.17
Profit to Equity(%) FY19/20 14.49% 14.14
Profit to Equity(%) FY20/21 18.46% 15.73
Profit to Equity(%) FY21/22 14.70% 14.91
Profit to Equity(%) FY22/23 25.75% 14.50
Balance Sheet Size FY11/12 Rs 2264 Crores Rs 3094 Crores
Balance Sheet Size FY12/13 Rs 2596.15 Crores Rs 2980 Crores
Balance Sheet Size FY13/14 Rs 2803.40 Crores Rs 3323 Crores
Balance Sheet Size FY14/15 Rs 2936.36 Crores Rs 3367.76 Crores
Balance Sheet Size FY15/16 Rs 3133.57 Crores Rs 4022.19 Crores
Balance Sheet Size FY16/17 Rs 3544.52 Crores Rs 4093.14 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crores Rs 4485.81 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Crores Rs 4314.92 Crores
Balance Sheet Size FY19/20 Rs 4476 Crores Rs 4280.77 Crores
Balance Sheet Size FY20/21 Rs 4627 Crores Rs 4551.00 Crores
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 4625.99 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 4595.22 Crores

Comparison Link:

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Frequently Asked Questions

Is Groww better than Kotak Securities ?

Groww and Kotak Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Kotak Securities better than Groww ?

Groww and Kotak Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww cheaper than Kotak Securities ?

Groww and Kotak Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Kotak Securities cheaper than Groww ?

Groww and Kotak Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Groww vs. Kotak Securities ?

To find out the better of the two stockbrokers Groww and Kotak Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.