Moneysukh Vs Groww
Moneysukh
Moneysukh 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.
Moneysukh Vs Groww - Broker Details
| Moneysukh | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1988 | 2016 |
| Exchanges | NSE, BSE and MCX | NSE and BSE. |
| Branches | 300 | Zero |
| Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Moneysukh Vs Groww - Account Opening & AMC Charges
| Moneysukh | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + 18% GST per Year (First Year Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (for Offline Process) ₹600 (for Online Process) | ₹0 (Free) |
| Call Back Open Account |
Moneysukh Vs Groww - Brokerage charges & Plans
| Moneysukh | Groww | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | N/A |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | N/A |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | N/A |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | N/A |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Moneysukh Vs Groww - Other Charges
| Moneysukh | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per position | N/A |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Call Back Open Account |
Moneysukh Vs Groww - Transaction Charges
| Moneysukh | Groww | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | N/A |
| Equity Futures | NSE: 0.0019% | NSE:- 0.002% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE:- 0.053% on premium |
| Commodity | Exchange txn charge: 0.05% | N/A |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | N/A |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Moneysukh Vs Groww - Margin (Exposure)
| Moneysukh | Groww | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Call Back Open Account |
Moneysukh Vs Groww - Features
| Moneysukh | 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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 |
Moneysukh Vs Groww - Review & Rating
| Moneysukh | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Moneysukh Vs Groww - Request a call back from Broker
| Moneysukh | Groww | |
|---|---|---|
| Call Back Open Account |
Moneysukh Vs Groww - Investment Options
| Moneysukh | 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 |
Moneysukh Vs Groww - Order Type
| Moneysukh | 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 |
Moneysukh Vs Groww - Research & Report
| Moneysukh | 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 |
Moneysukh Vs Groww - Daily Market Report
| Moneysukh | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Moneysukh Vs Groww - Suitable For Investor
| Moneysukh | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Moneysukh Vs Groww - Pros & Cons
| Moneysukh | Groww | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Moneysukh 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.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 |
Moneysukh Vs Groww - Background
| Moneysukh | Groww | |
|---|---|---|
| Call Back Open Account |
Moneysukh Vs Groww - Compare All Brokers
| Moneysukh | Groww | |
|---|---|---|
| Call Back Open Account |
Moneysukh Vs Groww - STT/CTT
| Moneysukh | Groww | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Moneysukh Vs Groww - Demat transaction charges
| Moneysukh | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Moneysukh Vs Groww - GST
| Moneysukh | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Moneysukh Vs Groww - SEBI Charges
| Moneysukh | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Moneysukh Vs Groww - Account Opening & AMC Charges
Moneysukh
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + 18% GST per Year (First Year Free)
₹0 (Free)
Trading Account AMC
₹0 (for Offline Process) ₹600 (for Online Process)
₹0 (Free)
Moneysukh Vs Groww
| Moneysukh | Groww | |
|---|---|---|
Moneysukh Account Opening Charges, Process, and Documents Required 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.
Moneysukh Vs Groww - Brokerage charges & Plans
| Moneysukh | Groww | |
|---|---|---|
| Commodity Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | N/A |
| Currency Futures | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B -0.03% or ₹10/executed order whichever is lower | N/A |
| Equity Delivery | Plan A - Zero Brokerage | Plan B -2.5% or Rs. 10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Plan A - Flat ₹20 per executed order | Plan B - Flat ₹10 per executed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Plan A - 0.03% or ₹20/executed order whichever is lower | Plan B - 0.03% or ₹10/executed order whichever is lower | N/A |
| Equity Futures | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Plan A - 0.03% or Rs. 20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | N/A |
| Fixed Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
| Equity Intraday | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Moneysukh Vs Groww - Margin (Exposure)
| Moneysukh | Groww | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Call Back Open Account |
Moneysukh Vs Groww - Other Charges
| Moneysukh | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20 per position | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20 per position | N/A |
| Other Brokerage Charges | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order or 0.05% |
| Minimum Brokerage | Plan A - 2.5% or ₹20/executed order whichever is lower | Plan B - 2.5% or ₹10 per executed order whichever is lower | ₹20/ Order |
Moneysukh Vs Groww - STT/CTT
| Moneysukh | Groww | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Moneysukh Vs Groww - Demat transaction charges
| Moneysukh | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + GST per scrip | ₹13.5 Gst per scrip per day only on sell |
Moneysukh Vs Groww - GST
| Moneysukh | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Moneysukh Vs Groww - SEBI Charges
| Moneysukh | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Moneysukh Vs Groww - Features
| Moneysukh | 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. Moneysukh Mobile App, 2. Moneysukh Web Portal, 3. 3. Moneysukh EXE Application | 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 |