Groww Vs Trade Smart
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.
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Groww Vs Trade Smart - Broker Details
| Groww | Trade Smart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1994 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX. |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order | 0.007% or ₹15/ Order |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Trade Smart - Account Opening & AMC Charges
| Groww | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Trade Smart - Brokerage charges & Plans
| Groww | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.007% or ₹15/ Order |
| Currency Futures | N/A | 0.007% or ₹15/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 0.07% or ₹15/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹7/ Lot or ₹15/ Order |
| Commodity Options | N/A | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.007% or ₹15/ Order |
| Currency Options | N/A | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.007% or ₹15/ Order |
Groww Vs Trade Smart - Other Charges
| Groww | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹750/Order |
| Call & Trade Charges | N/A | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
Groww Vs Trade Smart - Transaction Charges
| Groww | Trade Smart | |
|---|---|---|
| Currency Options | N/A | 0.06% |
| Equity Futures | NSE:- 0.002% | 0.0024% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | 0.0035% |
| Equity Options | NSE:- 0.053% on premium | 0.0715% |
| Commodity | N/A | 0.0039% |
| Currency Futures | N/A | 0.00165% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | 0.0035% |
Groww Vs Trade Smart - Margin (Exposure)
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Features
| Groww | Trade Smart | |
|---|---|---|
| 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 | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Trade Smart - Review & Rating
| Groww | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Trade Smart - Request a call back from Broker
| Groww | Trade Smart | |
|---|---|---|
Groww Vs Trade Smart - Investment Options
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Order Type
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Daily Market Report
| Groww | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Trade Smart - Suitable For Investor
| Groww | Trade Smart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Trade Smart - Pros & Cons
| Groww | Trade Smart | |
|---|---|---|
| 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 the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
Groww Vs Trade Smart - Background
| Groww | Trade Smart | |
|---|---|---|
Groww Vs Trade Smart - Compare All Brokers
| Groww | Trade Smart | |
|---|---|---|
Groww Vs Trade Smart - STT/CTT
| Groww | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | 0.05% on sell trade |
Groww Vs Trade Smart - Demat transaction charges
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - GST
| Groww | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% ( Brokerage + Transaction charges) |
Groww Vs Trade Smart - SEBI Charges
| Groww | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Trade Smart - Account Opening & AMC Charges
Groww
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Trade Smart
| Groww | Trade Smart | |
|---|---|---|
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 "+ Trade Smart |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
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Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Groww Vs Trade Smart - Brokerage charges & Plans
| Groww | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.007% or ₹15/ Order |
| Currency Futures | N/A | 0.007% or ₹15/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 0.07% or ₹15/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹7/ Lot or ₹15/ Order |
| Commodity Options | N/A | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.007% or ₹15/ Order |
| Currency Options | N/A | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.007% or ₹15/ Order |
| Call Back Open Account |
Groww Vs Trade Smart - Margin (Exposure)
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Other Charges
| Groww | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹750/Order |
| Call & Trade Charges | N/A | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
Groww Vs Trade Smart - STT/CTT
| Groww | Trade Smart | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | 0.05% on sell trade |
Groww Vs Trade Smart - Demat transaction charges
| Groww | Trade Smart | |
|---|---|---|
| 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 Trade Smart - GST
| Groww | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% ( Brokerage + Transaction charges) |
Groww Vs Trade Smart - SEBI Charges
| Groww | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Trade Smart - Features
| Groww | Trade Smart | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |