Parim Finserv Vs Groww
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Parim Finserv Vs Groww - Broker Details
| Parim Finserv | Groww | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | N/A | 2016 |
| Exchanges | BSE, NSE and MCX. | NSE and BSE. |
| Branches | 146 | Zero |
| Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
Parim Finserv Vs Groww - Account Opening & AMC Charges
| Parim Finserv | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account AMC | ₹1375/- Lifetime AMC | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Parim Finserv Vs Groww - Brokerage charges & Plans
| Parim Finserv | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% (whichever is lower) |
Parim Finserv Vs Groww - Other Charges
| Parim Finserv | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | N/A |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order |
Parim Finserv Vs Groww - Transaction Charges
| Parim Finserv | Groww | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | N/A |
| Equity Futures | NSE: 0.0019% | NSE:- 0.002% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.050% | NSE:- 0.053% on premium |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | N/A |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | N/A |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE:- 0.00345% | BSE:-0.00345% |
Parim Finserv Vs Groww - Margin (Exposure)
| Parim Finserv | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Parim Finserv Vs Groww - Features
| Parim Finserv | Groww | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Parim Finserv Vs Groww - Review & Rating
| Parim Finserv | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Parim Finserv Vs Groww - Request a call back from Broker
| Parim Finserv | Groww | |
|---|---|---|
Parim Finserv Vs Groww - Investment Options
| Parim Finserv | Groww | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Parim Finserv Vs Groww - Order Type
| Parim Finserv | Groww | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Parim Finserv Vs Groww - Research & Report
| Parim Finserv | Groww | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Parim Finserv Vs Groww - Daily Market Report
| Parim Finserv | Groww | |
|---|---|---|
| Daily Market Reports & News |
|
|
Parim Finserv Vs Groww - Suitable For Investor
| Parim Finserv | Groww | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Parim Finserv Vs Groww - Pros & Cons
| Parim Finserv | Groww | |
|---|---|---|
| Pros | 1. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. | 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. |
| Cons | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. | 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. |
Parim Finserv Vs Groww - Background
| Parim Finserv | Groww | |
|---|---|---|
Parim Finserv Vs Groww - Compare All Brokers
| Parim Finserv | Groww | |
|---|---|---|
Parim Finserv Vs Groww - STT/CTT
| Parim Finserv | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Parim Finserv Vs Groww - Demat transaction charges
| Parim Finserv | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Parim Finserv Vs Groww - GST
| Parim Finserv | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Parim Finserv Vs Groww - SEBI Charges
| Parim Finserv | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Parim Finserv Vs Groww - Account Opening & AMC Charges
Parim Finserv
Groww
Trading Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Parim Finserv Vs Groww
| Parim Finserv | Groww | |
|---|---|---|
Parim Finserve Account Opening Charges |
Groww Review | Brokerage Charges, Account OpeningGroww 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 .. |
|
|
|
|
|
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.
Parim Finserv Vs Groww - Brokerage charges & Plans
| Parim Finserv | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | N/A |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Parim Finserv Vs Groww - Margin (Exposure)
| Parim Finserv | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
Parim Finserv Vs Groww - Other Charges
| Parim Finserv | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | N/A |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order or 0.05% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/ Order |
Parim Finserv Vs Groww - STT/CTT
| Parim Finserv | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Parim Finserv Vs Groww - Demat transaction charges
| Parim Finserv | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Parim Finserv Vs Groww - GST
| Parim Finserv | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Parim Finserv Vs Groww - SEBI Charges
| Parim Finserv | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Parim Finserv Vs Groww - Features
| Parim Finserv | Groww | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|