Groww Vs Reliance Securities
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.
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Reliance Securities - Broker Details
| Groww | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2005 |
| Exchanges | NSE and BSE. | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | Zero | 80+ |
| Brokerage | ₹20/ Order | 0.05% |
| Broker Type | Discount Broker | Full service Broker |
Groww Vs Reliance Securities - Account Opening & AMC Charges
| Groww | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Groww Vs Reliance Securities - Brokerage charges & Plans
| Groww | Reliance Securities | |
|---|---|---|
| Commodity Futures | N/A | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | N/A | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | N/A | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | N/A | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Groww Vs Reliance Securities - Other Charges
| Groww | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Groww Vs Reliance Securities - Transaction Charges
| Groww | Reliance Securities | |
|---|---|---|
| Currency Options | N/A | NSE: 0.04174% |
| Equity Futures | NSE:- 0.002% | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | NSE:- 0.053% on premium | NSE:0.05% | BSE:0.0005% (on premium) |
| Commodity | N/A | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | N/A | NSE: 0.0009% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.0032% | BSE: 0.00275% |
Groww Vs Reliance Securities - Margin (Exposure)
| Groww | Reliance Securities | |
|---|---|---|
| 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) | Up to 3 times with 21% interest per year |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
Groww Vs Reliance Securities - Features
| Groww | Reliance Securities | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Reliance Securities - Review & Rating
| Groww | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Reliance Securities - Request a call back from Broker
| Groww | Reliance Securities | |
|---|---|---|
Groww Vs Reliance Securities - Investment Options
| Groww | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Order Type
| Groww | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Research & Report
| Groww | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Daily Market Report
| Groww | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Reliance Securities - Suitable For Investor
| Groww | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Reliance Securities - Pros & Cons
| Groww | Reliance Securities | |
|---|---|---|
| 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. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. |
| 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 have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. |
Groww Vs Reliance Securities - Background
| Groww | Reliance Securities | |
|---|---|---|
Groww Vs Reliance Securities - Compare All Brokers
| Groww | Reliance Securities | |
|---|---|---|
Groww Vs Reliance Securities - STT/CTT
| Groww | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Groww | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹27+ Gst per scrip per day only on sell |
Groww Vs Reliance Securities - GST
| Groww | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Reliance Securities - SEBI Charges
| Groww | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Reliance Securities - Account Opening & AMC Charges
Groww
Reliance Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Groww Vs Reliance Securities
| Groww | Reliance Securities | |
|---|---|---|
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 "+ Reliance Securities |
Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. |
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Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Reliance Securities - Brokerage charges & Plans
| Groww | Reliance Securities | |
|---|---|---|
| Commodity Futures | N/A | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | N/A | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | N/A | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | N/A | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Call Back Open Account |
Groww Vs Reliance Securities - Margin (Exposure)
| Groww | Reliance Securities | |
|---|---|---|
| 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Other Charges
| Groww | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Groww Vs Reliance Securities - STT/CTT
| Groww | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Groww | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹27+ Gst per scrip per day only on sell |
Groww Vs Reliance Securities - GST
| Groww | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Reliance Securities - SEBI Charges
| Groww | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Reliance Securities - Features
| Groww | Reliance Securities | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |