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

Find a Comparison of Kotak Securities vs Groww 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 Kotak Securities and Groww.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 15x for Intraday, For Delivery upto 3x 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 5x Intraday Upto 2x for intraday
Equity Options Buying No Margin, Shorting upto 2x for Intraday No leverage
Currency Futures Upto 2x Intraday Upto 2x for intraday
Currency Options Buying No Margin, Shorting upto 2x for Intraday No leverage
Commodity Upto 2x Intraday Upto 2x for 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 145.1 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 123.8 Crores Rs 70.48 crores
Profit after Tax FY13/14 Rs 163.6 Crores Rs 73.78 Crore
Profit after Tax FY 14/15 Rs 178.53 Crores Rs 75.92 Crore
Profit after Tax FY 15/16 Rs 189.98 Crores Rs 82.85 Crore
Profit after Tax FY 16/17 Rs 163.29 Crores Rs 90.11 Crore
Profit after Tax FY 17/18 Rs 205.77 Crores Rs 106.09 Crore
Profit after Tax FY 18/19 Rs 240.95 Crores Rs 115.68 Crore
Profit after Tax FY 19/20 Rs 220.51 Crores Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 189.58 Crores Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 211.88 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 162.93 Crores Rs 205.65 Crore
Debt FY11/12 Rs 121 Crores Rs 51 Crores
Debt FY12/13 Rs 91 Crores Rs 41.5 Crores
Debt FY13/14 Rs 69 Crores Rs 42.93 Crores
Debt FY14/15 Rs 47.80 Crores Rs 49.48 Crores
Debt FY15/16 Rs 52.96 Crores Rs 41.73 Crores
Debt FY16/17 Rs 56.81 Crores Rs 54.26 Crores
Debt FY17/18 Rs 54.81 Crores Rs 69.77 Crores
Debt FY18/19 Rs 50.26 Crores Rs 57.16 Crores
Debt FY19/20 Rs 61.02 Crores Rs 51.39 Crores
Debt FY20/21 Rs 61.77 Crores Rs 57.47 Crores
Debt FY21/22 Rs 56.44 Crores Rs 77.59 Crores
Debt FY22/23 Rs 54.62 Crores Rs 80.11 Crores
Profit to Equity(%) FY11/12 8.40 12.90%
Profit to Equity(%) FY12/13 5.92 12.38%
Profit to Equity(%) FY13/14 8.28 14.86%
Profit to Equity(%) FY14/15 5.25 17.05%
Profit to Equity(%) FY15/16 6.34 14.29%
Profit to Equity(%) FY16/17 10.45 19.11%
Profit to Equity(%) FY17/18 12.00 21.51%
Profit to Equity(%) FY18/19 12.17 18.17%
Profit to Equity(%) FY19/20 14.14 14.49%
Profit to Equity(%) FY20/21 15.73 18.46%
Profit to Equity(%) FY21/22 14.91 14.70%
Profit to Equity(%) FY22/23 14.50 25.75%
Balance Sheet Size FY11/12 Rs 3094 Crores Rs 2264 Crores
Balance Sheet Size FY12/13 Rs 2980 Crores Rs 2596.15 Crores
Balance Sheet Size FY13/14 Rs 3323 Crores Rs 2803.40 Crores
Balance Sheet Size FY14/15 Rs 3367.76 Crores Rs 2936.36 Crores
Balance Sheet Size FY15/16 Rs 4022.19 Crores Rs 3133.57 Crores
Balance Sheet Size FY16/17 Rs 4093.14 Crores Rs 3544.52 Crores
Balance Sheet Size FY17/18 Rs 4485.81 Crores Rs 3952.01 Crores
Balance Sheet Size FY18/19 Rs 4314.92 Crores Rs 4280.32 Crores
Balance Sheet Size FY19/20 Rs 4280.77 Crores Rs 4476 Crores
Balance Sheet Size FY20/21 Rs 4551.00 Crores Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 4625.99 Crores Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 4595.22 Crores Rs 5994.78 Crores

Comparison Link:

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Frequently Asked Questions

Is Kotak Securities better than Groww ?

Kotak Securities and Groww 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 better than Kotak Securities ?

Kotak Securities and Groww 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 cheaper than Groww ?

Kotak Securities and Groww 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 Groww cheaper than Kotak Securities ?

Kotak Securities and Groww 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 Kotak Securities vs. Groww ?

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