Definedge Securities Vs Groww
Definedge Securities
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.
Definedge Securities Vs Groww - Broker Details
| Definedge Securities | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE and BSE. |
| Branches | 270 | Zero |
| Brokerage | ₹18 per executed order | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
Definedge Securities Vs Groww - Account Opening & AMC Charges
| Definedge Securities | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs Groww - Brokerage charges & Plans
| Definedge Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹18 per executed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹18 per executed order | N/A |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per executed order | N/A |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
Definedge Securities Vs Groww - Other Charges
| Definedge Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | N/A |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs Groww - Transaction Charges
| Definedge Securities | Groww | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | N/A |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE:- 0.002% |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE:- 0.053% on premium |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | N/A |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | N/A |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE:- 0.00345% | BSE:-0.00345% |
Definedge Securities Vs Groww - Margin (Exposure)
| Definedge Securities | 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 |
Definedge Securities Vs Groww - Features
| Definedge Securities | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Definedge Securities Vs Groww - Review & Rating
| Definedge Securities | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Definedge Securities Vs Groww - Request a call back from Broker
| Definedge Securities | Groww | |
|---|---|---|
Definedge Securities Vs Groww - Investment Options
| Definedge Securities | 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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Definedge Securities Vs Groww - Order Type
| Definedge Securities | 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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Definedge Securities Vs Groww - Research & Report
| Definedge Securities | 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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Definedge Securities Vs Groww - Daily Market Report
| Definedge Securities | Groww | |
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| Daily Market Reports & News |
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Definedge Securities Vs Groww - Suitable For Investor
| Definedge Securities | Groww | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Definedge Securities Vs Groww - Pros & Cons
| Definedge Securities | Groww | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs Groww - Background
| Definedge Securities | Groww | |
|---|---|---|
Definedge Securities Vs Groww - Compare All Brokers
| Definedge Securities | Groww | |
|---|---|---|
Definedge Securities Vs Groww - STT/CTT
| Definedge Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 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 |
Definedge Securities Vs Groww - Demat transaction charges
| Definedge Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹13.5 Gst per scrip per day only on sell |
Definedge Securities Vs Groww - GST
| Definedge Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% ( Brokerage + Transaction charges) |
Definedge Securities Vs Groww - SEBI Charges
| Definedge Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Definedge Securities Vs Groww - Account Opening & AMC Charges
Definedge Securities
Groww
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs Groww
| Definedge Securities | Groww | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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.
Definedge Securities Vs Groww - Brokerage charges & Plans
| Definedge Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹18 per executed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹18 per executed order | N/A |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹18 per executed order | N/A |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Definedge Securities Vs Groww - Margin (Exposure)
| Definedge Securities | 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 |
Definedge Securities Vs Groww - Other Charges
| Definedge Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | N/A |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs Groww - STT/CTT
| Definedge Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on sell Side | 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 |
Definedge Securities Vs Groww - Demat transaction charges
| Definedge Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹13.5 Gst per scrip per day only on sell |
Definedge Securities Vs Groww - GST
| Definedge Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% ( Brokerage + Transaction charges) |
Definedge Securities Vs Groww - SEBI Charges
| Definedge Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Definedge Securities Vs Groww - Features
| Definedge Securities | 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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