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

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Groww ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. The broker Groww and ProStocks are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Groww is rated 4, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of Kotak Securities vs Groww vs ProStocks 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 Groww vs ProStocks 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 Groww vs ProStocks in this setion with 360 degree view of broker information.

Compare Kotak Securities vs Groww vs ProStocks on Service

  Kotak Securities Compare
Kotak Securities
Groww Compare
Groww
ProStocks Compare
ProStocks
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 NSE, BSE 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 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 Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

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

In this section we have compared Kotak Securities vs Groww vs ProStocks 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, Groww charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Groww vs ProStocks
Charges Kotak Securities Groww ProStocks
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 Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs Groww vs ProStocks on Plan Options

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

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

Account Opening

  Kotak Securities Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Groww vs ProStockson 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.

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

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Kotak Securities vs Groww vs ProStocks
Brokerage Charges Compare Kotak Securities Groww ProStocks
Plan Name Kotak Securities Trade Free Plan Flat Brokerage Plan Flat Fee Rs 15 Trading Plan
Equity Delivery 0.25% 0.05% or Rs 20 whichever is lower Free
Equity Intraday Free 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Not Available Flat Fee Rs 15
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Not Available Flat Fee Rs 15
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Not Available NA
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available No
Call & Trade Charges 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges 20 calls free and after that Rs 20 per call Rs 50 Per Executable Order Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Groww Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Kotak Securities vs Groww vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Kotak Securities vs Groww vs ProStocks
Transaction Charges Compare Kotak Securities Groww ProStocks
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 NA NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for groww Complete Brokerage Plans for prostocks
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Account Features

Compare Kotak Securities vs Groww vs ProStocks on Account Features

Compare Kotak Securities vs Groww vs ProStocks 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 Groww and ProStocks offers only 2-in-1 account which includes trading and demat account. Margin Funding - Kotak Securities and Groww offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - Kotak Securities and ProStocks offers NRI Trading where Groww doesn't offers NRI Trading.

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

Compare Kotak Securities vs Groww vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Groww vs ProStocks. 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 Groww vs ProStocks
Trading Platform Compare Kotak Securities Groww ProStocks
Desktop Trading Platform Neo Groww App Star ProStocks
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No Yes
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

Yes

https://www.prostocksweb.com/

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 Groww App Star ProStocks
Mobile Trading App Demo Kotak Neo Demo Info Not Available Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod Groww App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS Groww App Download iOS Star ProStocks Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Groww Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Groww Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for groww Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Kotak Securities vs Groww vs ProStocks on User Rating

  Kotak Securities Groww ProStocks
  82 Customer Reviews    Rate Kotak Securities 8 Customer Reviews    Rate Groww 4 Customer Reviews    Rate ProStocks
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 Groww is Rated 4.3 / 5 based on 8 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Kotak Securities vs Groww vs ProStocks on Investment Offerings

Compare Kotak Securities vs Groww vs ProStocks 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 offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Kotak Securities and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where Groww and ProStocks doesn't offers PMS facility.

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

Order Type - Compare Kotak Securities vs Groww vs ProStocks 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 ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Kotak Securities and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Kotak Securities and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - Kotak Securities and ProStocks offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

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

Compare Kotak Securities vs Groww vs ProStocks on Customer Service

Compare Kotak Securities vs Groww vs ProStocks 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 Groww vs ProStocks
Customer Service Compare Kotak Securities Groww ProStocks
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800 209 9191 9108800604 +91-2262-434343
Account Opening Process Online Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://groww.in/academy https://www.prostocks.com/faq.html
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.kotaksecurities.com https://groww.in/ https://www.prostocks.com
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Tips/Research/Reports Published

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

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

Research Reports - Compare Kotak Securities vs Groww vs ProStocks
  Kotak Securities Groww ProStocks
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 Groww vs ProStocks on Demat Account

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

Demat Charges - Compare Kotak Securities vs Groww vs ProStocks
  Kotak Securities Groww ProStocks
DP Source CDSL CDSL CDSL
DP ID 49200 No 83200
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Zero Free (₹1000 Refundable Deposit)
Advance Deposit NA Nil 1000/- Refundable Deposit against charges
Statutory charges Nil Legal Charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹8 + ₹5.50 CDSL charges ₹20 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹150 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹150 per certificate + courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹20 + Rs. 12 per request (CDSL Charges) ₹50
Failed Instruction Charges Nil ₹50 ₹50 per transaction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare Kotak Securities vs Groww vs ProStocks on Special Offers and Promotion
  Kotak Securities Groww ProStocks
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/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Max 24 hrs except bank holidays Upto 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 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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...

  • 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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...

  • 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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
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Last Updated on 2024-06-28T04:56:37+00:00