Zerodha Vs Groww
Zerodha
Zerodha 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.
Zerodha Vs Groww - Broker Details
| Zerodha | Groww | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2010 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE and BSE. |
| Branches | 120+ | Zero |
| Brokerage | ₹20/ Order or 0.03% | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
Zerodha Vs Groww - Account Opening & AMC Charges
| Zerodha | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs Groww - Brokerage charges & Plans
| Zerodha | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
Zerodha Vs Groww - Other Charges
| Zerodha | Groww | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Zerodha Vs Groww - Transaction Charges
| Zerodha | Groww | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | N/A |
| Equity Futures | NSE: 0.002% | NSE:- 0.002% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.053% (on premium) | NSE:- 0.053% on premium |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | N/A |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | N/A |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE:- 0.00345% | BSE:-0.00345% |
Zerodha Vs Groww - Margin (Exposure)
| Zerodha | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
| Equity Intraday | 5x (20% margin) | 5x |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
Zerodha Vs Groww - Features
| Zerodha | 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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Zerodha Vs Groww - Review & Rating
| Zerodha | Groww | |
|---|---|---|
| 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 |
Zerodha Vs Groww - Request a call back from Broker
| Zerodha | Groww | |
|---|---|---|
Zerodha Vs Groww - Investment Options
| Zerodha | Groww | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Zerodha Vs Groww - Order Type
| Zerodha | Groww | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Zerodha Vs Groww - Research & Report
| Zerodha | Groww | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Zerodha Vs Groww - Daily Market Report
| Zerodha | Groww | |
|---|---|---|
| Daily Market Reports & News |
|
|
Zerodha Vs Groww - Suitable For Investor
| Zerodha | Groww | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Zerodha Vs Groww - Pros & Cons
| Zerodha | Groww | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs Groww - Background
| Zerodha | Groww | |
|---|---|---|
Zerodha Vs Groww - Compare All Brokers
| Zerodha | Groww | |
|---|---|---|
Zerodha Vs Groww - STT/CTT
| Zerodha | 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 buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Zerodha Vs Groww - Demat transaction charges
| Zerodha | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹13.5 Gst per scrip per day only on sell |
Zerodha Vs Groww - GST
| Zerodha | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% ( Brokerage + Transaction charges) |
Zerodha Vs Groww - SEBI Charges
| Zerodha | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Zerodha Vs Groww - Account Opening & AMC Charges
Zerodha
Groww
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Groww
| Zerodha | Groww | |
|---|---|---|
Zerodha Review 2024 |
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.
Zerodha Vs Groww - Brokerage charges & Plans
| Zerodha | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs Groww - Margin (Exposure)
| Zerodha | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
| Equity Intraday | 5x (20% margin) | 5x |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
| Call Back Open Account |
Zerodha Vs Groww - Other Charges
| Zerodha | Groww | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Zerodha Vs Groww - STT/CTT
| Zerodha | 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 buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Zerodha Vs Groww - Demat transaction charges
| Zerodha | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹13.5 Gst per scrip per day only on sell |
Zerodha Vs Groww - GST
| Zerodha | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% ( Brokerage + Transaction charges) |
Zerodha Vs Groww - SEBI Charges
| Zerodha | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/ Crore |
Zerodha Vs Groww - Features
| Zerodha | 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 | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |