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Comparision (Groww VS ProfitMart)

 

Groww Vs ProfitMart

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.


ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs ProfitMart - Broker Details

Groww ProfitMart
Single Margin Facility
Year of Incorporation 2016 2010
Exchanges NSE and BSE. BSE, NSE, MCX.
Branches Zero 32
Brokerage ₹20/ Order ₹20/ Order or 0.03% (whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Account Opening & AMC Charges

Groww ProfitMart
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹999 ( Lifetime)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Brokerage charges & Plans

Groww ProfitMart
Commodity Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Currency Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.30% (whichever is lower)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/Order or ₹50/Lot
Commodity Options N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options N/A ₹20/Order or ₹50/Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Other Charges

Groww ProfitMart
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹2500 + GST
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Transaction Charges

Groww ProfitMart
Currency Options N/A 0.00325% of Total Turnover
Equity Futures NSE:- 0.002% 0.00325% of Total Turnover
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% 0.00325% of Total Turnover
Equity Options NSE:- 0.053% on premium 0.00325% of Total Turnover
Commodity N/A 0.00325% of Total Turnover
Currency Futures N/A 0.00325% of Total Turnover
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% 0.00325% of Total Turnover
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Margin (Exposure)

Groww ProfitMart
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 Call Back Open Account

Groww Vs ProfitMart - Features

Groww ProfitMart
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 Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Review & Rating

Groww ProfitMart
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 ProfitMart - Request a call back from Broker

Groww ProfitMart
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Investment Options

Groww ProfitMart
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Order Type

Groww ProfitMart
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Research & Report

Groww ProfitMart
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Daily Market Report

Groww ProfitMart
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Suitable For Investor

Groww ProfitMart
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Pros & Cons

Groww ProfitMart
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 provides various offers from time to time. 2.It provides the advanced and smart trading platforms that makes trading easy and efficient. 3.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction 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 prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3. The trading platforms are not compatible for web. 4. Average Customer Service.
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Background

Groww ProfitMart
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Compare All Brokers

Groww ProfitMart
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - STT/CTT

Groww ProfitMart
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 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
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Demat transaction charges

Groww ProfitMart
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20+ Gst per scrip only on sell
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - GST

Groww ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charges)
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - SEBI Charges

Groww ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Account Opening & AMC Charges

Groww
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)

Groww Vs ProfitMart

Groww ProfitMart
 

Groww Review | Brokerage Charges, Account Opening


Groww 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 "+ ProfitMart

Profitmart Review | Brokerage Charges, Account Opening

Profitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly ..
 
 

ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs ProfitMart - Brokerage charges & Plans

Groww ProfitMart
Commodity Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Currency Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.30% (whichever is lower)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/Order or ₹50/Lot
Commodity Options N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options N/A ₹20/Order or ₹50/Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Margin (Exposure)

Groww ProfitMart
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 Call Back Open Account

Groww Vs ProfitMart - Other Charges

Groww ProfitMart
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹2500 + GST
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - STT/CTT

Groww ProfitMart
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 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
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Demat transaction charges

Groww ProfitMart
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹20+ Gst per scrip only on sell
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - GST

Groww ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charges)
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - SEBI Charges

Groww ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back Open Account

Groww Vs ProfitMart - Features

Groww ProfitMart
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 Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww

ProfitMart