Groww Vs Sharekhan
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.
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs Sharekhan - Broker Details
| Groww | Sharekhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2000 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 153+ |
| Brokerage | ₹20/ Order | 0.03% |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Sharekhan - Account Opening & AMC Charges
| Groww | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Sharekhan - Brokerage charges & Plans
| Groww | Sharekhan | |
|---|---|---|
| Commodity Futures | N/A | 0.03% per transaction value |
| Currency Futures | N/A | 0.03% per transaction value |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹60/ Lot |
| Commodity Options | N/A | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per transaction value |
| Currency Options | N/A | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per transaction value |
Groww Vs Sharekhan - Other Charges
| Groww | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
Groww Vs Sharekhan - Transaction Charges
| Groww | Sharekhan | |
|---|---|---|
| Currency Options | N/A | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE:- 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | N/A | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Groww Vs Sharekhan - Margin (Exposure)
| Groww | Sharekhan | |
|---|---|---|
| Equity Options | 1x | 1 time (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 Sharekhan - Features
| Groww | Sharekhan | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Sharekhan - Review & Rating
| Groww | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Request a call back from Broker
| Groww | Sharekhan | |
|---|---|---|
Groww Vs Sharekhan - Investment Options
| Groww | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Order Type
| Groww | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Research & Report
| Groww | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Daily Market Report
| Groww | Sharekhan | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Sharekhan - Suitable For Investor
| Groww | Sharekhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Sharekhan - Pros & Cons
| Groww | Sharekhan | |
|---|---|---|
| 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 offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| 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 does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
Groww Vs Sharekhan - Background
| Groww | Sharekhan | |
|---|---|---|
Groww Vs Sharekhan - Compare All Brokers
| Groww | Sharekhan | |
|---|---|---|
Groww Vs Sharekhan - STT/CTT
| Groww | Sharekhan | |
|---|---|---|
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Sharekhan - Demat transaction charges
| Groww | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹0 (Free) |
Groww Vs Sharekhan - GST
| Groww | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
Groww Vs Sharekhan - SEBI Charges
| Groww | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Sharekhan - Account Opening & AMC Charges
Groww
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Sharekhan
| Groww | Sharekhan | |
|---|---|---|
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 "+ Sharekhan |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs Sharekhan - Brokerage charges & Plans
| Groww | Sharekhan | |
|---|---|---|
| Commodity Futures | N/A | 0.03% per transaction value |
| Currency Futures | N/A | 0.03% per transaction value |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹60/ Lot |
| Commodity Options | N/A | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per transaction value |
| Currency Options | N/A | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per transaction value |
| Call Back Open Account | Call Back Open Account |
Groww Vs Sharekhan - Margin (Exposure)
| Groww | Sharekhan | |
|---|---|---|
| Equity Options | 1x | 1 time (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 Sharekhan - Other Charges
| Groww | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
Groww Vs Sharekhan - STT/CTT
| Groww | Sharekhan | |
|---|---|---|
| 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 |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Sharekhan - Demat transaction charges
| Groww | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹0 (Free) |
Groww Vs Sharekhan - GST
| Groww | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
Groww Vs Sharekhan - SEBI Charges
| Groww | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Sharekhan - Features
| Groww | Sharekhan | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |