Maitra Vs Groww
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Maitra Vs Groww - Broker Details
| Maitra | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2016 |
| Exchanges | NSE, BSE and MCX | NSE and BSE. |
| Branches | N/A | Zero |
| Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Maitra Vs Groww - Account Opening & AMC Charges
| Maitra | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Groww - Brokerage charges & Plans
| Maitra | Groww | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | N/A |
| Currency Futures | ₹5/Lot Or ₹20/Order | N/A |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹5/Lot Or ₹20/Order | N/A |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | N/A |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Maitra Vs Groww - Other Charges
| Maitra | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Call Back Open Account |
Maitra Vs Groww - Transaction Charges
| Maitra | Groww | |
|---|---|---|
| Currency Options | 0.053% | N/A |
| Equity Futures | 0.0019% | NSE:- 0.002% |
| Equity Intraday | 0.00325% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | 0.05% | NSE:- 0.053% on premium |
| Commodity | 0.0026% | N/A |
| Currency Futures | 0.0026% | N/A |
| Equity Delivery | 0.00325% | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Maitra Vs Groww - Margin (Exposure)
| Maitra | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Maitra Vs Groww - Features
| Maitra | Groww | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Maitra Vs Groww - Review & Rating
| Maitra | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maitra Vs Groww - Request a call back from Broker
| Maitra | Groww | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Groww - Investment Options
| Maitra | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
Maitra Vs Groww - Order Type
| Maitra | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
Maitra Vs Groww - Research & Report
| Maitra | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
Maitra Vs Groww - Daily Market Report
| Maitra | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Maitra Vs Groww - Suitable For Investor
| Maitra | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Maitra Vs Groww - Pros & Cons
| Maitra | Groww | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
| Call Back Open Account |
Maitra Vs Groww - Background
| Maitra | Groww | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Groww - Compare All Brokers
| Maitra | Groww | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Groww - STT/CTT
| Maitra | Groww | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Maitra Vs Groww - Demat transaction charges
| Maitra | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Maitra Vs Groww - GST
| Maitra | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Maitra Vs Groww - SEBI Charges
| Maitra | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Maitra Vs Groww - Account Opening & AMC Charges
Maitra
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Groww
| Maitra | Groww | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
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 .. |
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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.
Maitra Vs Groww - Brokerage charges & Plans
| Maitra | Groww | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | N/A |
| Currency Futures | ₹5/Lot Or ₹20/Order | N/A |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹5/Lot Or ₹20/Order | N/A |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | N/A |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Maitra Vs Groww - Margin (Exposure)
| Maitra | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Maitra Vs Groww - Other Charges
| Maitra | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Maitra Vs Groww - STT/CTT
| Maitra | Groww | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Maitra Vs Groww - Demat transaction charges
| Maitra | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
Maitra Vs Groww - GST
| Maitra | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Maitra Vs Groww - SEBI Charges
| Maitra | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Groww - Features
| Maitra | Groww | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |