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.
| 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 |
| 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 |
| Trading only | Free | Rs 0 |
| Trading & Demat | Rs. 0 | Rs 0 |
| Commodity | Rs. 0 | Rs 40 |
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 |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 22 days | 5 Days |
| End of Day | 10 days | 5 years |
| Coding/Backtesting | |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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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 |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 78.48 crores | Rs 123.8 Crores |
| Profit after Tax FY13/14 | Rs 83.78 Crore | Rs 163.6 Crores |
| Profit after Tax FY 14/15 | Rs 95.92 Crore | Rs 178.53 Crores |
| Profit after Tax FY 15/16 | Rs 102.85 Crore | Rs 189.98 Crores |
| Profit after Tax FY 16/17 | Rs 110.14 Crore | Rs 163.29 Crores |
| Profit after Tax FY 17/18 | Rs 126.09 Crore | Rs 205.77 Crores |
| Profit after Tax FY 18/19 | Rs 145.68 Crore | Rs 240.95 Crores |
| Profit after Tax FY 19/20 | Rs 150.61 Crore | Rs 220.51 Crores |
| Profit after Tax FY 20/21 | Rs 151.70 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 265.65 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 | 20.75% | 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 |
Groww Securities and Kotak Securities are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both Groww Securities and Kotak Securities provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Groww and Kotak Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Groww and Kotak Securities are SEBI-registered brokers with good reputations. Groww is known for its trading platforms, while Kotak Securities is praised for cost-effective pricing.
Yes, both Groww and Kotak Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
