Broker Comparison

Groww vs Kotak Neo

Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.

Data verified: 2026-08-02

Groww

Discount / Investment Platform

Account opening₹0

AMC₹0

Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5

View Groww Review

Kotak Neo

Bank Broker

★★★★☆ 4.4/5

Account opening₹99 under Trade Free Youth plan

AMC₹0, For BSDA account with holding ₹4L

IntradayLower of ₹10 or 0.05% under Trade Free Youth

View Kotak Neo Review

Groww vs Kotak Neo: Quick comparison

Key charges and account features side by side.

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Feature	Groww	Kotak Neo
Broker type	Discount / Investment Platform	Bank Broker
Account opening	₹0	₹99 under Trade Free Youth plan
Annual maintenance	₹0	₹0, For BSDA account with holding ₹4L
Equity delivery	₹20 or 0.1% per executed order, whichever is lower; minimum ₹5	₹0 (Free) under Trade Free Youth
Equity intraday	₹20 or 0.1% per executed order, whichever is lower; minimum ₹5	Lower of ₹10 or 0.05% under Trade Free Youth
Futures	₹20 per executed order	₹10 per executed order under Trade Free Youth
Options	₹20 per executed order	₹10 per executed order under Trade Free Youth
Commodity	Available only where enabled by the broker; verify current segment availability and tariff.	₹0 (Completely Free) under Trade Free Youth
Currency	Available only where enabled by the broker; verify current segment availability and tariff.	₹10 per executed order under Trade Free Youth
DP charges	Charged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page.	₹20 + GST
MTF	Availability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms.	₹50 + 18% GST
Call & trade	May attract an additional assisted-order charge; verify the current tariff.	₹70 + 18% GST per executed order
Customer support	Official app/web help centre, ticket, email and/or phone support; channels vary by broker.	Official app/web help centre, ticket, email and/or phone support.
Active Users	Check official tariff	As of June 2026, Kotak Neo had approximately 1.4 million active clients.

About Groww

Groww is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.

About Kotak Neo

Kotak Neo is a full-service stockbroking platform operated by Kotak Securities, which was incorporated in 1994. It is a subsidiary of Kotak Mahindra Bank and offers a convenient 3-in-1 account combining banking, trading, and Demat services.

The platform allows investors to trade and invest in equities, equity derivatives, commodities, currencies, mutual funds, and selected US stocks. It also provides research support, margin trading facilities, depository services, insurance products, and other investment solutions.

Kotak Securities has an extensive offline presence with more than 145 branches and around 1,000 franchise locations across over 310 Indian cities. Since Kotak Neo is primarily a digital-first platform, physical documentation and branch-level account support are generally handled through designated Kotak Securities branches.

Groww platforms

Groww mobile app and web platform

Groww products

Indian stocks, F&O, IPOs, ETFs and mutual funds

Trading Platforms & Tools

Kotak Neo offers a mobile app, web trading platform, and Trade API. Key tools include TradingView charts, basket orders, option-chain analytics, MTF, smart orders, GTT, and real-time portfolio tracking.

Products Offered

Kotak Neo offers equities, IPOs, mutual funds, ETFs, bonds, commodities, currencies, futures and options, margin trading, insurance products, and access to selected US stocks.

Groww pros and cons

Pros

Established broker/platform access; integrated Groww mobile app and web platform; broad access to Indian stocks, F&O, IPOs, ETFs and mutual funds.

Cons

Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.

Kotak Neo pros and cons

Pros

3-in-1 bank, trading, and Demat account.
Advanced trading platforms and tools.
Wide range of investment products.

Cons

Pricing plans may feel confusing.
Some services carry extra charges.

Which broker should you choose?

Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.

Broker Rating

Groww

Rating not added

Kotak Neo

★★★★☆

4.4/5

4.9L+ Google Play Store Reviews

Read complete broker reviews

Groww Review Kotak Neo Review

Frequently asked questions

Is Groww a SEBI-registered stock broker?

Groww operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at Groww?

Groww brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does Groww charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on Groww?

The products field on this page lists the major investment and trading segments available through Groww. Availability and activation requirements may vary by user and segment.

Who should consider Groww?

Groww may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.

What is Kotak Neo?

Kotak Neo is an online investment and trading platform operated by Kotak Securities Limited.

Is Kotak Neo a SEBI-registered broker?

Yes, Kotak Securities Limited is a SEBI-registered stockbroker and depository participant.

What are the Kotak Neo account-opening charges?

Account opening is free under the standard Trade Free Plan. Charges may differ for other plans.

What is the brokerage charged by Kotak Neo?

Under the Trade Free Plan, equity intraday costs ₹10 or 0.05% per executed order, whichever is lower, while F&O trades cost ₹10 per executed order.

Does Kotak Neo offer zero brokerage?

Yes. Selected plans provide zero brokerage for the first 30 days and zero brokerage on Trade API orders. Terms depend on the chosen plan.

Does Kotak Neo offer a 3-in-1 account?

Yes, customers can combine a Kotak bank account with Kotak Securities trading and Demat accounts.

Which investment products are available on Kotak Neo?

Kotak Neo provides access to stocks, IPOs, mutual funds, ETFs, bonds, commodities, currencies, futures and options.

Does Kotak Neo have a mobile trading app?

Yes, the Kotak Neo app is available for mobile trading, portfolio tracking, research and order placement.

Does Kotak Neo provide an API for algo trading?

Yes, Kotak Neo offers Trade APIs for automated and algorithmic trading strategies.

What documents are required to open a Kotak Neo account?

Applicants generally need a PAN card, Aadhaar card, mobile number, email address, bank details and completed e-KYC verification.