Groww Vs Tradingo
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.
Groww Vs Tradingo - Broker Details
| Groww | Tradingo | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2016 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX |
| Branches | Zero | 102 |
| Brokerage | ₹20/ Order | ₹20/Order |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Tradingo - Account Opening & AMC Charges
| Groww | Tradingo | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250-per annum |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Tradingo - Brokerage charges & Plans
| Groww | Tradingo | |
|---|---|---|
| Commodity Futures | N/A | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | N/A | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | N/A | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | N/A | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | ₹20/ Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
Groww Vs Tradingo - Other Charges
| Groww | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Tradingo - Transaction Charges
| Groww | Tradingo | |
|---|---|---|
| Currency Options | N/A | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Equity Futures | NSE:- 0.002% | NSE: 0.00325% of turnover | BSE: 0.0005% of turnover |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips. |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.075% of turnover | BSE: 0.0005% of turnover |
| Commodity | N/A | Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot |
| Currency Futures | N/A | Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips |
Groww Vs Tradingo - Margin (Exposure)
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Features
| Groww | Tradingo | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Tradingo - Review & Rating
| Groww | Tradingo | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Tradingo - Request a call back from Broker
| Groww | Tradingo | |
|---|---|---|
Groww Vs Tradingo - Investment Options
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Order Type
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Research & Report
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Daily Market Report
| Groww | Tradingo | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Tradingo - Suitable For Investor
| Groww | Tradingo | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Tradingo - Pros & Cons
| Groww | Tradingo | |
|---|---|---|
| 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.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure. |
| 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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra. |
Groww Vs Tradingo - Background
| Groww | Tradingo | |
|---|---|---|
Groww Vs Tradingo - Compare All Brokers
| Groww | Tradingo | |
|---|---|---|
Groww Vs Tradingo - STT/CTT
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Demat transaction charges
| Groww | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Tradingo - GST
| Groww | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Tradingo - SEBI Charges
| Groww | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Tradingo - Account Opening & AMC Charges
Groww
Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Tradingo
| Groww | Tradingo | |
|---|---|---|
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 "+ Tradingo |
Tradingo ReviewIncorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
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Tradingo
Groww Vs Tradingo - Brokerage charges & Plans
| Groww | Tradingo | |
|---|---|---|
| Commodity Futures | N/A | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | N/A | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | N/A | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | N/A | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | ₹20/ Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Call Back Open Account |
Groww Vs Tradingo - Margin (Exposure)
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Other Charges
| Groww | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Tradingo - STT/CTT
| Groww | Tradingo | |
|---|---|---|
| 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 Tradingo - Demat transaction charges
| Groww | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Tradingo - GST
| Groww | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Tradingo - SEBI Charges
| Groww | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Tradingo - Features
| Groww | Tradingo | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |