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Comparision (Groww VS Prostocks)

 

Groww Vs Prostocks

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.

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

Groww Vs Prostocks - Broker Details

Groww Prostocks
Single Margin Facility
Year of Incorporation 2016 2016
Exchanges NSE and BSE. BSE and NSE
Branches Zero 2
Brokerage ₹20/ Order ₹15/ Order
Broker Type Discount Broker Discount Broker

Groww Vs Prostocks - Account Opening & AMC Charges

Groww Prostocks
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Groww Vs Prostocks - Brokerage charges & Plans

Groww Prostocks
Commodity Futures N/A ₹15/ Order
Currency Futures N/A ₹15/ Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Commodity Options N/A ₹15/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Options N/A ₹15/ Order
Fixed Charges ₹20/ Order ₹15/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order

Groww Vs Prostocks - Other Charges

Groww Prostocks
RMS Square Off Charge ₹50/ Order Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges ₹0 (Free) ₹1000/Month
Call & Trade Charges N/A Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹20/ Order or 0.05% ₹15/ Order
Minimum Brokerage ₹20/ Order ₹15/ Order

Groww Vs Prostocks - Transaction Charges

Groww Prostocks
Currency Options N/A NSE ₹4,000/Cr | BSE ₹100/Cr
Equity Futures NSE:- 0.002% NSE ₹200/Cr | BSE ₹50/Cr
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE ₹345/Cr | BSE ₹345/Cr
Equity Options NSE:- 0.053% on premium NSE ₹5,300/Cr | BSE ₹2,500/Cr
Commodity N/A N/A
Currency Futures N/A NSE ₹90/Cr | BSE ₹22/Cr
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE ₹345/Cr | BSE ₹345/Cr

Groww Vs Prostocks - Margin (Exposure)

Groww Prostocks
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 Prostocks - Features

Groww Prostocks
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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Prostocks - Review & Rating

Groww Prostocks
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Groww Vs Prostocks - Request a call back from Broker

Groww Prostocks

Groww Vs Prostocks - Investment Options

Groww Prostocks
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Groww Vs Prostocks - Order Type

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

Groww Vs Prostocks - Research & Report

Groww Prostocks
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Prostocks - Daily Market Report

Groww Prostocks
Daily Market Reports & News

Groww Vs Prostocks - Suitable For Investor

Groww Prostocks
Casual Investor
Active Investor
Trader

Groww Vs Prostocks - Pros & Cons

Groww Prostocks
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.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response.
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. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service.

Groww Vs Prostocks - Background

Groww Prostocks

Groww Vs Prostocks - Compare All Brokers

Groww Prostocks

Groww Vs Prostocks - STT/CTT

Groww Prostocks
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

Groww Vs Prostocks - Demat transaction charges

Groww Prostocks
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹15 + Gst per scrip per day only on sell

Groww Vs Prostocks - GST

Groww Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Groww Vs Prostocks - SEBI Charges

Groww Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Prostocks - Account Opening & AMC Charges

Groww
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Groww Vs Prostocks

Groww Prostocks
 

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 "+ Prostocks
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ProStocks Review | Brokerage Charges, Account Opening

Prostocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m ..
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Prostocks - Brokerage charges & Plans

Groww Prostocks
Commodity Futures N/A ₹15/ Order
Currency Futures N/A ₹15/ Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Commodity Options N/A ₹15/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Currency Options N/A ₹15/ Order
Fixed Charges ₹20/ Order ₹15/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹15/ Order
Call Back Open Account

Groww Vs Prostocks - Margin (Exposure)

Groww Prostocks
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 Prostocks - Other Charges

Groww Prostocks
RMS Square Off Charge ₹50/ Order Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
API Charges ₹0 (Free) ₹1000/Month
Call & Trade Charges N/A Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade
Other Brokerage Charges ₹20/ Order or 0.05% ₹15/ Order
Minimum Brokerage ₹20/ Order ₹15/ Order

Groww Vs Prostocks - STT/CTT

Groww Prostocks
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

Groww Vs Prostocks - Demat transaction charges

Groww Prostocks
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹15 + Gst per scrip per day only on sell

Groww Vs Prostocks - GST

Groww Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges

Groww Vs Prostocks - SEBI Charges

Groww Prostocks
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Groww Vs Prostocks - Features

Groww Prostocks
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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Prostocks