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Comparision (Groww VS Flattrade)

 

Groww Vs Flattrade

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Flattrade - Broker Details

Groww Flattrade
Single Margin Facility
Year of Incorporation 2016 2004
Exchanges NSE and BSE. BSE, NSE and MCX
Branches Zero 6
Brokerage ₹20/ Order ₹0 (Free)
Broker Type Discount Broker Discount Broker

Groww Vs Flattrade - Account Opening & AMC Charges

Groww Flattrade
Trading Account Opening Charge ₹0 (Free) ₹200 + GST
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Groww Vs Flattrade - Brokerage charges & Plans

Groww Flattrade
Commodity Futures N/A ₹0 (Free)
Currency Futures N/A ₹0 (Free)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Commodity Options N/A ₹0 (Free)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Options N/A ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)

Groww Vs Flattrade - Other Charges

Groww Flattrade
RMS Square Off Charge ₹50/ Order ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges ₹20/ Order or 0.05% ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

Groww Vs Flattrade - Transaction Charges

Groww Flattrade
Currency Options N/A NSE : 0.035% | BSE : 0.001%
Equity Futures NSE:- 0.002% 0.0020%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)
Equity Options NSE:- 0.053% on premium 0.053% (on premium)
Commodity N/A 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05%
Currency Futures N/A NSE : 0.0009% | BSE : 0.00022%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)

Groww Vs Flattrade - Margin (Exposure)

Groww Flattrade
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)

Groww Vs Flattrade - Features

Groww Flattrade
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Flattrade - Review & Rating

Groww Flattrade
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Groww Vs Flattrade - Request a call back from Broker

Groww Flattrade

Groww Vs Flattrade - Investment Options

Groww Flattrade
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs Flattrade - Order Type

Groww Flattrade
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Groww Vs Flattrade - Research & Report

Groww Flattrade
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Flattrade - Daily Market Report

Groww Flattrade
Daily Market Reports & News

Groww Vs Flattrade - Suitable For Investor

Groww Flattrade
Casual Investor
Active Investor
Trader

Groww Vs Flattrade - Pros & Cons

Groww Flattrade
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers.

Groww Vs Flattrade - Background

Groww Flattrade

Groww Vs Flattrade - Compare All Brokers

Groww Flattrade

Groww Vs Flattrade - STT/CTT

Groww Flattrade
Commodity Futures N/A 0.01% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sale side
Equity Options 0.05% only on sell 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% Buy & Sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Flattrade - Demat transaction charges

Groww Flattrade
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Groww Vs Flattrade - GST

Groww Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (brokerage + transaction charges + SEBI charges)

Groww Vs Flattrade - SEBI Charges

Groww Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Flattrade - Account Opening & AMC Charges

Groww
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Groww Vs Flattrade

Groww Flattrade
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
+ " Vs "+ Flattrade
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Flattrade Review

Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs ..
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Flattrade - Brokerage charges & Plans

Groww Flattrade
Commodity Futures N/A ₹0 (Free)
Currency Futures N/A ₹0 (Free)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Commodity Options N/A ₹0 (Free)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Options N/A ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs Flattrade - Margin (Exposure)

Groww Flattrade
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Groww Vs Flattrade - Other Charges

Groww Flattrade
RMS Square Off Charge ₹50/ Order ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges ₹20/ Order or 0.05% ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

Groww Vs Flattrade - STT/CTT

Groww Flattrade
Commodity Futures N/A 0.01% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sale side
Equity Options 0.05% only on sell 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% Buy & Sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Flattrade - Demat transaction charges

Groww Flattrade
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Groww Vs Flattrade - GST

Groww Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (brokerage + transaction charges + SEBI charges)

Groww Vs Flattrade - SEBI Charges

Groww Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Flattrade - Features

Groww Flattrade
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Flattrade