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

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Groww ranges between Rs 20. The broker Kotak Securities and SBICAP Securities are full service brokers where Groww is a discount broker. Overall rating for Kotak Securities is 4, SBICAP Securities is rated 4, Groww is rated 4 out of 5.

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

Compare Kotak Securities vs SBICAP Securities vs Groww on Service

  Kotak Securities Compare
Kotak Securities
SBICAP Securities Compare
SBICAP Securities
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service 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 Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP 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
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 SBICAP Securities vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs SBICAP Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities and Groww offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs SBICAP Securities vs Groww
Charges Kotak Securities SBICAP Securities Groww
Trading Account Opening Fees Free Rs 850 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Rs 500 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs SBICAP Securities vs Groww on Plan Options

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

Compare Kotak Securities vs SBICAP Securities vs Groww on Plan Options
Plan Types Kotak Securities SBICAP Securities 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 SBICAP Securities 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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 SBICAP Securities vs Groww
Brokerage Charges Compare Kotak Securities SBICAP Securities Groww
Plan Name Kotak Securities Trade Free Plan Standard or default brokerage plan Flat Brokerage Plan
Equity Delivery 0.25% 0.50% 0.05% or Rs 20 whichever is lower
Equity Intraday Free 0.05% 0.05% or Rs 20 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05% Flat Fee Rs 20
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 100 Per Lot Flat Fee Rs 20
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03% Not Available
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 30 Per Lot Not Available
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs. 100 per lot Not Available
Minimum Brokerage Rs 21 per executed order Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding 12.49% interest PA Yes - 24% interest PA NA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 Per Executable Order
Auto Square off Charges 20 calls free and after that Rs 20 per call First Free 30 per month, after Rs 10 per square-off Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for SBICAP Securities Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Kotak Securities vs SBICAP Securities vs Groww on Transaction Charges

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

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

Compare Kotak Securities vs SBICAP Securities vs Groww on Account Features

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

Account Features - Kotak Securities vs SBICAP Securities vs Groww
Account Features Compare Kotak Securities SBICAP Securities Groww
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes 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 No No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare Kotak Securities vs SBICAP Securities vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs SBICAP Securities 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 SBICAP Securities vs Groww
Trading Platform Compare Kotak Securities SBICAP Securities Groww
Desktop Trading Platform Neo SBISMART XPRESS - NextTrader Groww App
Desktop Demo Desktop Demo Desktop Demo 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://login1.sbismart.com/nidp/app/login

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo SBISMART Groww App
Mobile Trading App Demo Kotak Neo Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod SBISMART Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Kotak Neo Download iOS SBISMART Download iOS Groww App 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 SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Kotak Securities vs SBICAP Securities vs Groww on User Rating

  Kotak Securities SBICAP Securities Groww
  82 Customer Reviews    Rate Kotak Securities 78 Customer Reviews    Rate SBICAP Securities 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 SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Kotak Securities vs SBICAP Securities vs Groww on Investment Offerings

Compare Kotak Securities vs SBICAP Securities 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 offers Commodity Trading where SBICAP Securities and 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 SBICAP Securities and Groww doesn't offers PMS facility.

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

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

Order Types - Compare Kotak Securities vs SBICAP Securities vs Groww
Order Type Compare Kotak Securities SBICAP Securities 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 Yes No
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Customer Service Offered

Compare Kotak Securities vs SBICAP Securities vs Groww on Customer Service

Compare Kotak Securities vs SBICAP Securities 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 SBICAP Securities vs Groww
Customer Service Compare Kotak Securities SBICAP Securities Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes No
Customer Care Number 1800 209 9191 022 6854 5555 9108800604
Account Opening Process Online Offline Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.sbismart.com/education https://groww.in/academy
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.kotaksecurities.com https://www.sbismart.com https://groww.in/
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Tips/Research/Reports Published

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

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

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

Compare Kotak Securities vs SBICAP Securities vs Groww on Demat Account

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

Demat Charges - Compare Kotak Securities vs SBICAP Securities vs Groww
  Kotak Securities SBICAP Securities Groww
DP Source CDSL CDSL CDSL
DP ID 49200 19300 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹500 Zero
Advance Deposit NA 0 for all Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 courier charges ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹35 per certificate + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹10 ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare Kotak Securities vs SBICAP Securities vs Groww on Special Offers and Promotion
  Kotak Securities SBICAP Securities 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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
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
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except 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 Direct to SBI Bank. 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. Direct to SBI bank account 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...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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
Enquire for Kotak Securities Enquire for SBICAP Securities Enquire for Groww

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