Groww Vs Globe Capital
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.
Globe Capital
Globe Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Globe Capital - Broker Details
| Groww | Globe Capital | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1985 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 19 |
| Brokerage | ₹20/ Order | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Globe Capital - Account Opening & AMC Charges
| Groww | Globe Capital | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Standard Plan-₹0 (Free) Premium Plan-₹0 (Free) Ultimate Plan-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Standard Plan-₹0 (Free) Premium Plan-₹0 (Free) Ultimate Plan-₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | 1st Year Free After then [ Rs. 399 + GST Annual (Regular Plan)] 1st Year Free After then [Rs. 999 + GST for 5 years (Relax Plan)] 1st Year Free After then [Rs. 1999 + GST (Lifetime Plan) ] |
| Trading Account AMC | ₹0 (Free) | 1st Year Free After then [ Rs. 399 + GST Annual (Regular Plan)] 1st Year Free After then [Rs. 999 + GST for 5 years (Relax Plan)] 1st Year Free After then [Rs. 1999 + GST (Lifetime Plan) ] |
Groww Vs Globe Capital - Brokerage charges & Plans
| Groww | Globe Capital | |
|---|---|---|
| Commodity Futures | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Currency Futures | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Commodity Options | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Currency Options | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Fixed Charges | ₹20/ Order | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
Groww Vs Globe Capital - Other Charges
| Groww | Globe Capital | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Minimum Brokerage | ₹20/ Order | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
Groww Vs Globe Capital - Transaction Charges
| Groww | Globe Capital | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange txn charge: 0.04% (on premium value) | BSE: Exchange txn. Charge: ₹100/Cr Clearing charge: 0.0002% |
| Equity Futures | NSE:- 0.002% | NSE: Exchange txn charge: 0.0019% per trade | BSE: ₹50 per Crore of trade value Clearing charge: 0.0002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00325% per trade | BSE: 0.003% per trade |
| Equity Options | NSE:- 0.053% on premium | NSE: Exchange txn charge: 0.05% (on premium) | BSE: ₹50/ Cr of trade value |
| Commodity | N/A | Group A: Exchange txn charge: 0.0026% | Clearing charge: 0.001% | Group B: Exchange txn charge | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | Clearing charge: 0.001% |
| Currency Futures | N/A | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn. Charge: ₹22/ Cr Clearing charge: 0.0002% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00325% per trade | BSE: 0.003% per trade |
Groww Vs Globe Capital - Margin (Exposure)
| Groww | Globe Capital | |
|---|---|---|
| Equity Options | 1x | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x | 4x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x | 1x (0% of Normal margin (Span + Exposure)) |
Groww Vs Globe Capital - Features
| Groww | Globe Capital | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Globe Trade Pro Mobile App, Globe Trade Smart Desktop Software, 3. Globe Connect Pro Web Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Globe Capital - Review & Rating
| Groww | Globe Capital | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Globe Capital - Request a call back from Broker
| Groww | Globe Capital | |
|---|---|---|
Groww Vs Globe Capital - Investment Options
| Groww | Globe Capital | |
|---|---|---|
| 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 Globe Capital - Order Type
| Groww | Globe Capital | |
|---|---|---|
| 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 Globe Capital - Research & Report
| Groww | Globe Capital | |
|---|---|---|
| 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 Globe Capital - Daily Market Report
| Groww | Globe Capital | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Globe Capital - Suitable For Investor
| Groww | Globe Capital | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Globe Capital - Pros & Cons
| Groww | Globe Capital | |
|---|---|---|
| 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 charges low brokerage. 2.It provides the best trading terminal to its customers. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5. It facilitates its customers with a RM (Relationship Manager) 6. Market and historical data available. |
| 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. |
Groww Vs Globe Capital - Background
| Groww | Globe Capital | |
|---|---|---|
Groww Vs Globe Capital - Compare All Brokers
| Groww | Globe Capital | |
|---|---|---|
Groww Vs Globe Capital - STT/CTT
| Groww | Globe Capital | |
|---|---|---|
| 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 Globe Capital - Demat transaction charges
| Groww | Globe Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
Groww Vs Globe Capital - GST
| Groww | Globe Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Globe Capital - SEBI Charges
| Groww | Globe Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Globe Capital - Account Opening & AMC Charges
Groww
Globe Capital
Trading Account Opening Charge
₹0 (Free)
Standard Plan-₹0 (Free) Premium Plan-₹0 (Free) Ultimate Plan-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Standard Plan-₹0 (Free) Premium Plan-₹0 (Free) Ultimate Plan-₹0 (Free)
Demat Account AMC
₹0 (Free)
1st Year Free After then [ Rs. 399 + GST Annual (Regular Plan)] 1st Year Free After then [Rs. 999 + GST for 5 years (Relax Plan)] 1st Year Free After then [Rs. 1999 + GST (Lifetime Plan) ]
Trading Account AMC
₹0 (Free)
1st Year Free After then [ Rs. 399 + GST Annual (Regular Plan)] 1st Year Free After then [Rs. 999 + GST for 5 years (Relax Plan)] 1st Year Free After then [Rs. 1999 + GST (Lifetime Plan) ]
Groww Vs Globe Capital
| Groww | Globe Capital | |
|---|---|---|
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 "+ Globe Capital |
Globe Capital Account Opening Process, Charges, and Document Details |
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Globe Capital
Globe Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Globe Capital - Brokerage charges & Plans
| Groww | Globe Capital | |
|---|---|---|
| Commodity Futures | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Currency Futures | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Commodity Options | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Currency Options | N/A | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Fixed Charges | ₹20/ Order | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Call Back Open Account |
Groww Vs Globe Capital - Margin (Exposure)
| Groww | Globe Capital | |
|---|---|---|
| Equity Options | 1x | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x | 4x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x | 1x (0% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Groww Vs Globe Capital - Other Charges
| Groww | Globe Capital | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
| Minimum Brokerage | ₹20/ Order | Standard Plan- 0.01% per order | Premium Plan- 0.025% per order | Ultimate Plan-0.05% per order |
Groww Vs Globe Capital - STT/CTT
| Groww | Globe Capital | |
|---|---|---|
| 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 Globe Capital - Demat transaction charges
| Groww | Globe Capital | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
Groww Vs Globe Capital - GST
| Groww | Globe Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Globe Capital - SEBI Charges
| Groww | Globe Capital | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Globe Capital - Features
| Groww | Globe Capital | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Globe Trade Pro Mobile App, Globe Trade Smart Desktop Software, 3. Globe Connect Pro Web Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |