Groww Vs Sernet Financial
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.
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs Sernet Financial - Broker Details
| Groww | Sernet Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2004 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | NA |
| Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Sernet Financial - Account Opening & AMC Charges
| Groww | Sernet Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account AMC | ₹0 (Free) | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
Groww Vs Sernet Financial - Brokerage charges & Plans
| Groww | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Groww Vs Sernet Financial - Other Charges
| Groww | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Groww Vs Sernet Financial - Transaction Charges
| Groww | Sernet Financial | |
|---|---|---|
| Currency Options | N/A | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE:- 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | N/A | Exchange txn charge: 0.05% |
| Currency Futures | N/A | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00325% | BSE: 0.00325% |
Groww Vs Sernet Financial - Margin (Exposure)
| Groww | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
Groww Vs Sernet Financial - Features
| Groww | Sernet Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Sernet Financial - Review & Rating
| Groww | Sernet Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Sernet Financial - Request a call back from Broker
| Groww | Sernet Financial | |
|---|---|---|
Groww Vs Sernet Financial - Investment Options
| Groww | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Order Type
| Groww | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Research & Report
| Groww | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Daily Market Report
| Groww | Sernet Financial | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Sernet Financial - Suitable For Investor
| Groww | Sernet Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Sernet Financial - Pros & Cons
| Groww | Sernet Financial | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
Groww Vs Sernet Financial - Background
| Groww | Sernet Financial | |
|---|---|---|
Groww Vs Sernet Financial - Compare All Brokers
| Groww | Sernet Financial | |
|---|---|---|
Groww Vs Sernet Financial - STT/CTT
| Groww | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Sernet Financial - Demat transaction charges
| Groww | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip |
Groww Vs Sernet Financial - GST
| Groww | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Sernet Financial - SEBI Charges
| Groww | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Sernet Financial - Account Opening & AMC Charges
Groww
Sernet Financial
Trading Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account AMC
₹0 (Free)
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Trading Account AMC
₹0 (Free)
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Groww Vs Sernet Financial
| Groww | Sernet Financial | |
|---|---|---|
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 "+ Sernet Financial |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs Sernet Financial - Brokerage charges & Plans
| Groww | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Call Back Open Account |
Groww Vs Sernet Financial - Margin (Exposure)
| Groww | Sernet Financial | |
|---|---|---|
| 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 (no margin) |
| 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 Sernet Financial - Other Charges
| Groww | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Groww Vs Sernet Financial - STT/CTT
| Groww | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Sernet Financial - Demat transaction charges
| Groww | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip |
Groww Vs Sernet Financial - GST
| Groww | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Sernet Financial - SEBI Charges
| Groww | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Sernet Financial - Features
| Groww | Sernet Financial | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |