Groww Vs Nirman Broking
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.
Nirman Broking
Nirman Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Nirman Broking - Broker Details
| Groww | Nirman Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1987 |
| Exchanges | NSE and BSE. | BSE, NSE, MCX and NCDEX |
| Branches | Zero | 20 |
| Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Nirman Broking - Account Opening & AMC Charges
| Groww | Nirman Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹360 + GST per year |
| Trading Account AMC | ₹0 (Free) | N/A |
Groww Vs Nirman Broking - Brokerage charges & Plans
| Groww | Nirman Broking | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | ₹20 per executed per order or 0.05% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 2.5% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Flat ₹20 per executed per order |
| Commodity Options | N/A | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per executed order or 0.05% |
| Currency Options | N/A | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per executed order or 0.05% |
Groww Vs Nirman Broking - Other Charges
| Groww | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
Groww Vs Nirman Broking - Transaction Charges
| Groww | Nirman Broking | |
|---|---|---|
| Currency Options | N/A | NSE ₹500/Cr (0.005%) (on premium) |
| Equity Futures | NSE:- 0.002% | NSE: ₹200/Cr (0.0019%) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: ₹345/Cr (0.00325%) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5000/Cr (0.05%) (on premium) |
| Commodity | N/A | N/A |
| Currency Futures | N/A | NSE ₹120/Cr (0.0012%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: ₹345/Cr (0.00325%) |
Groww Vs Nirman Broking - Margin (Exposure)
| Groww | Nirman Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 6x (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 Nirman Broking - Features
| Groww | Nirman Broking | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Nirman Broking - Review & Rating
| Groww | Nirman Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Nirman Broking - Request a call back from Broker
| Groww | Nirman Broking | |
|---|---|---|
Groww Vs Nirman Broking - Investment Options
| Groww | Nirman Broking | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Groww Vs Nirman Broking - Order Type
| Groww | Nirman Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Groww Vs Nirman Broking - Research & Report
| Groww | Nirman Broking | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Groww Vs Nirman Broking - Daily Market Report
| Groww | Nirman Broking | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Nirman Broking - Suitable For Investor
| Groww | Nirman Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Nirman Broking - Pros & Cons
| Groww | Nirman Broking | |
|---|---|---|
| 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. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing |
| 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, |
Groww Vs Nirman Broking - Background
| Groww | Nirman Broking | |
|---|---|---|
Groww Vs Nirman Broking - Compare All Brokers
| Groww | Nirman Broking | |
|---|---|---|
Groww Vs Nirman Broking - STT/CTT
| Groww | Nirman Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on 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 Nirman Broking - Demat transaction charges
| Groww | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Groww Vs Nirman Broking - GST
| Groww | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Nirman Broking - SEBI Charges
| Groww | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Nirman Broking - Account Opening & AMC Charges
Groww
Nirman Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹360 + GST per year
Trading Account AMC
₹0 (Free)
N/A
Groww Vs Nirman Broking
| Groww | Nirman Broking | |
|---|---|---|
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 .. + " Vs "+ Nirman Broking |
Nirman Broking Account Opening Process and Charges |
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Nirman Broking
Nirman Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Nirman Broking - Brokerage charges & Plans
| Groww | Nirman Broking | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | ₹20 per executed per order or 0.05% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 2.5% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Flat ₹20 per executed per order |
| Commodity Options | N/A | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per executed order or 0.05% |
| Currency Options | N/A | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per executed order or 0.05% |
| Call Back Open Account |
Groww Vs Nirman Broking - Margin (Exposure)
| Groww | Nirman Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 6x (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 Nirman Broking - Other Charges
| Groww | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
Groww Vs Nirman Broking - STT/CTT
| Groww | Nirman Broking | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on 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 Nirman Broking - Demat transaction charges
| Groww | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
Groww Vs Nirman Broking - GST
| Groww | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Nirman Broking - SEBI Charges
| Groww | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Nirman Broking - Features
| Groww | Nirman Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |