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Kotak Securities Vs Finvasia Vs Groww: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Groww ranges between Rs 20. The broker Finvasia and Groww are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Finvasia is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of Kotak Securities vs Finvasia vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Kotak Securities vs Finvasia vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Kotak Securities vs Finvasia vs Groww in this setion with 360 degree view of broker information.

Compare Kotak Securities vs Finvasia vs Groww on Service

  Kotak Securities Compare
Kotak Securities
Finvasia Compare
Finvasia
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs Finvasia vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs Finvasia vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Finvasia vs Groww
Charges Kotak Securities Finvasia Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Finvasia vs Groww on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Finvasia vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Kotak Securities vs Finvasia vs Groww on Plan Options
Plan Types Kotak Securities Finvasia Groww
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Finvasia vs Growwon Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Kotak Securities vs Finvasia vs Groww
Brokerage Charges Compare Kotak Securities Finvasia Groww
Plan Name Kotak Securities Trade Free Plan Zero Brokerage Trading Plan Flat Brokerage Plan
Equity Delivery 0.25% Rs 0 0.05% or Rs 20 whichever is lower
Equity Intraday Free Rs 0 0.05% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 20
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 0 Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Not Available
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Not Available
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Not Available
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA Yes, 24% interest PA NA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free Rs 50 Per Executable Order
Auto Square off Charges 20 calls free and after that Rs 20 per call Free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Finvasia Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Kotak Securities vs Finvasia vs Groww on Transaction Charges

Compare Kotak Securities vs Finvasia vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs Finvasia vs Groww
Transaction Charges Compare Kotak Securities Finvasia Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for finvasia Complete Brokerage Plans for groww
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Account Features

Compare Kotak Securities vs Finvasia vs Groww on Account Features

Compare Kotak Securities vs Finvasia vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 Account where Finvasia and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities and Groww offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Kotak Securities and Finvasia offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Kotak Securities vs Finvasia vs Groww
Account Features Compare Kotak Securities Finvasia Groww
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs Finvasia vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Finvasia vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities vs Finvasia vs Groww
Trading Platform Compare Kotak Securities Finvasia Groww
Desktop Trading Platform Neo OMNESYS NEST Groww App
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://trade.finvasia.com/

Yes

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo SCALPERT Groww App
Mobile Trading App Demo Kotak Neo Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Kotak Neo Download Info Not Available iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for finvasia Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Kotak Securities vs Finvasia vs Groww on User Rating

  Kotak Securities Finvasia Groww
  82 Customer Reviews    Rate Kotak Securities 17 Customer Reviews    Rate Finvasia 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Kotak Securities vs Finvasia vs Groww on Investment Offerings

Compare Kotak Securities vs Finvasia vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Kotak Securities and Finvasia offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where Finvasia and Groww doesn't offers PMS facility.

Investment Offerings - Compare Kotak Securities vs Finvasia vs Groww
Investment Offerings Compare Kotak Securities Finvasia Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Kotak Securities vs Finvasia vs Groww on Order Types

Order Type - Compare Kotak Securities vs Finvasia vs Groww on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak Securities and Finvasia provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Kotak Securities and Finvasia provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Kotak Securities and Finvasia AMO facility where Groww doesn't provides AMO. GTC Orders - Kotak Securities offers Good Till Cancelled (GTC) orders facility where Finvasia and Groww doesn't provides GTC.

Order Types - Compare Kotak Securities vs Finvasia vs Groww
Order Type Compare Kotak Securities Finvasia Groww
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes No
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes No
GTC-Good Till Cancelled Yes No No
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Customer Service Offered

Compare Kotak Securities vs Finvasia vs Groww on Customer Service

Compare Kotak Securities vs Finvasia vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities vs Finvasia vs Groww
Customer Service Compare Kotak Securities Finvasia Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800 209 9191 Support: +91 9779 097 777/Sales: +91 9098 001 001 9108800604
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://finvasia.com/announcements https://groww.in/academy
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.kotaksecurities.com https://www.finvasia.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Kotak Securities vs Finvasia vs Groww on Research Reports, Tips

Compare Kotak Securities vs Finvasia vs Groww on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs Finvasia vs Groww
  Kotak Securities Finvasia Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Kotak Securities vs Finvasia vs Groww on Demat Account

Compare Kotak Securities vs Finvasia vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs Finvasia vs Groww
  Kotak Securities Finvasia Groww
DP Source CDSL CDSL CDSL
DP ID 49200 84300 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free Zero
Advance Deposit NA Rs 0 Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹50 courier charges ₹15 per certificate ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹19 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹49 ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Finvasia vs Groww on Special Offers and Promotion

Compare Kotak Securities vs Finvasia vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Finvasia vs Groww on Special Offers and Promotion
  Kotak Securities Finvasia Groww
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 hrs except for bank holidays. Max 24 hrs except bank holidays
Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Direct from your Kotak Mahindra bank account. FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
NA
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for Kotak Securities Enquire for Finvasia Enquire for Groww

Last Updated on 2024-06-28T04:56:37+00:00