Groww Vs Zerodha
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.
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Zerodha - Broker Details
| Groww | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2010 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 120+ |
| Brokerage | ₹20/ Order | ₹20/ Order or 0.03% |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Zerodha - Account Opening & AMC Charges
| Groww | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹0 (Free) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Zerodha - Brokerage charges & Plans
| Groww | Zerodha | |
|---|---|---|
| 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) | Zero Brokerage |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| 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 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
Groww Vs Zerodha - Other Charges
| Groww | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Zerodha - Transaction Charges
| Groww | Zerodha | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE:- 0.002% | NSE: 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.053% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| 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: 0.00345% | BSE: 0.00345% |
Groww Vs Zerodha - Margin (Exposure)
| Groww | Zerodha | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x | 5x (20% margin) |
| Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | N/A | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
Groww Vs Zerodha - Features
| Groww | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Zerodha - Review & Rating
| Groww | Zerodha | |
|---|---|---|
| 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 Zerodha - Request a call back from Broker
| Groww | Zerodha | |
|---|---|---|
Groww Vs Zerodha - Investment Options
| Groww | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Groww | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Groww | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Groww | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Zerodha - Suitable For Investor
| Groww | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Zerodha - Pros & Cons
| Groww | Zerodha | |
|---|---|---|
| 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 charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
Groww Vs Zerodha - Background
| Groww | Zerodha | |
|---|---|---|
Groww Vs Zerodha - Compare All Brokers
| Groww | Zerodha | |
|---|---|---|
Groww Vs Zerodha - STT/CTT
| Groww | Zerodha | |
|---|---|---|
| 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 buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Zerodha - Demat transaction charges
| Groww | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹13.5 + Gst per scrip (stock) |
Groww Vs Zerodha - GST
| Groww | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Groww Vs Zerodha - SEBI Charges
| Groww | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Groww Vs Zerodha - Account Opening & AMC Charges
Groww
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹0 (Free)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Zerodha
| Groww | Zerodha | |
|---|---|---|
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 "+ Zerodha |
Zerodha Review 2024 |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Zerodha - Brokerage charges & Plans
| Groww | Zerodha | |
|---|---|---|
| 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) | Zero Brokerage |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| 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 0.03% (whichever is lower) |
| 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 Zerodha - Margin (Exposure)
| Groww | Zerodha | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x | 5x (20% margin) |
| Currency Options | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | N/A | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Groww Vs Zerodha - Other Charges
| Groww | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Zerodha - STT/CTT
| Groww | Zerodha | |
|---|---|---|
| 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 buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Zerodha - Demat transaction charges
| Groww | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹13.5 + Gst per scrip (stock) |
Groww Vs Zerodha - GST
| Groww | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Groww Vs Zerodha - SEBI Charges
| Groww | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Groww Vs Zerodha - Features
| Groww | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |