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

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

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

Compare Kotak Securities vs TradeSmart vs Groww on Service

  Kotak Securities Compare
Kotak Securities
TradeSmart Compare
TradeSmart
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 Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. 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 TradeSmart vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs TradeSmart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities and Groww offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs TradeSmart vs Groww
Charges Kotak Securities TradeSmart Groww
Trading Account Opening Fees Free Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Rs 600 PA Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs TradeSmart vs Groww on Plan Options

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

Compare Kotak Securities vs TradeSmart vs Groww on Plan Options
Plan Types Kotak Securities TradeSmart Groww
Multiple Plans Yes Yes 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 TradeSmart 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.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

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

Compare Kotak Securities vs TradeSmart vs Groww on Transaction Charges

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

Transaction Charges - Compare Kotak Securities vs TradeSmart vs Groww
Transaction Charges Compare Kotak Securities TradeSmart 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 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for groww
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Account Features

Compare Kotak Securities vs TradeSmart vs Groww on Account Features

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

Account Features - Kotak Securities vs TradeSmart vs Groww
Account Features Compare Kotak Securities TradeSmart 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 No Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL
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Trading Platform

Compare Kotak Securities vs TradeSmart vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs TradeSmart 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 TradeSmart vs Groww
Trading Platform Compare Kotak Securities TradeSmart Groww
Desktop Trading Platform Neo NEST Trader & Fox Trader 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://sine.tradesmartonline.in/userMaster/login

Yes

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

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Broker Ratings by Users

Compare Kotak Securities vs TradeSmart vs Groww on User Rating

  Kotak Securities TradeSmart Groww
  82 Customer Reviews    Rate Kotak Securities 34 Customer Reviews    Rate TradeSmart 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 TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Kotak Securities vs TradeSmart vs Groww on Investment Offerings

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

Investment Offerings - Compare Kotak Securities vs TradeSmart vs Groww
Investment Offerings Compare Kotak Securities TradeSmart Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes No Yes
Mutual Funds Yes No Yes
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 No 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 TradeSmart vs Groww on Order Types

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

Order Types - Compare Kotak Securities vs TradeSmart vs Groww
Order Type Compare Kotak Securities TradeSmart 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 TradeSmart vs Groww on Customer Service

Compare Kotak Securities vs TradeSmart 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 TradeSmart vs Groww
Customer Service Compare Kotak Securities TradeSmart 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 022 61208000 9108800604
Account Opening Process Online Online/Paperless 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://help.tradesmartonline.in/ https://groww.in/academy
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.kotaksecurities.com https://tradesmartonline.in/ https://groww.in/
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Tips/Research/Reports Published

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

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

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

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

Demat Charges - Compare Kotak Securities vs TradeSmart vs Groww
  Kotak Securities TradeSmart Groww
DP Source CDSL CDSL CDSL
DP ID 49200 30400 No
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹300 pa Zero
Advance Deposit NA NIL Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹25 ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹50 courier charges ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹500 per certificate (Min ₹500 per request) ₹150 per certificate + courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹200 per script
₹50 for trading margin each side
₹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) ₹200 per script ₹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) ₹200 per script ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare Kotak Securities vs TradeSmart vs Groww on Special Offers and Promotion
  Kotak Securities TradeSmart 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 SIGN Mobile, SIGN Web and NEST Software.
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. Up to 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 Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart 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. VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden 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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management 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 Free Account Opening, Rs 400 Waived for a limited time.
Enquire for Kotak Securities Enquire for TradeSmart Enquire for Groww

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