Enrich Money Vs Groww
Enrich Money
Enrich Money 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.
Enrich Money Vs Groww - Broker Details
| Enrich Money | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2013 | 2016 |
| Exchanges | NSE, BSE and MCX | NSE and BSE. |
| Branches | 9 | Zero |
| Brokerage | ₹20 per completed order | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Enrich Money Vs Groww - Account Opening & AMC Charges
| Enrich Money | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹99 (Online) | ₹199 (Offline) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First-year free (From 2nd Year ₹300 + GST per Year ) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Enrich Money Vs Groww - Brokerage charges & Plans
| Enrich Money | Groww | |
|---|---|---|
| Commodity Futures | ₹20 or 0.03% per completed order | N/A |
| Currency Futures | ₹20 or 0.03% per completed | N/A |
| Equity Delivery | ₹0 Zero Brokerage | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20 per completed order | N/A |
| Equity Futures | ₹20 or 0.03% per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20 per completed order | N/A |
| Fixed Charges | ₹20 per completed order | ₹20/ Order |
| Equity Intraday | ₹20 or 0.03% per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Enrich Money Vs Groww - Other Charges
| Enrich Money | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹ 0 / Order for Lifetime | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹20 per completed order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20 per completed order | ₹20/ Order |
| Call Back Open Account |
Enrich Money Vs Groww - Transaction Charges
| Enrich Money | Groww | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | N/A |
| Equity Futures | NSE: 0.002% | NSE:- 0.002% |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.053% | NSE:- 0.053% on premium |
| Commodity | Commodity Futures - 0.0026% Commodity Options - 0.05% | N/A |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | N/A |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Enrich Money Vs Groww - Margin (Exposure)
| Enrich Money | 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 |
Enrich Money Vs Groww - Features
| Enrich Money | 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 :03:15 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. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform | 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 |
Enrich Money Vs Groww - Review & Rating
| Enrich Money | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Enrich Money Vs Groww - Request a call back from Broker
| Enrich Money | Groww | |
|---|---|---|
| Call Back Open Account |
Enrich Money Vs Groww - Investment Options
| Enrich Money | 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 |
Enrich Money Vs Groww - Order Type
| Enrich Money | 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 |
Enrich Money Vs Groww - Research & Report
| Enrich Money | 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 |
Enrich Money Vs Groww - Daily Market Report
| Enrich Money | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Enrich Money Vs Groww - Suitable For Investor
| Enrich Money | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Enrich Money Vs Groww - Pros & Cons
| Enrich Money | Groww | |
|---|---|---|
| Pros | 1. Wide Range of Investment Options, 2. Competitive Brokerage Rates 3. Access to Market Research and Analysis, 4. User-Friendly Trading Platform, 5. Efficient Customer Support, 6. Reliable and Secure Transactions, 7. Customized Investment Solutions, 8. Timely Execution of Trades. | 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 Availability of Educational Resources, 2. Potential for High Trading Fees on Certain Investments, 3. Lack of Personalized Investment Advice, 4. Possible Delays in Customer Service Response Times, 5. Restricted Access to Certain Markets or Investment Types, 6. Dependency on Internet Connectivity for Trading Activities, 7. Potential for Technical Glitches or Platform Outages | 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 |
Enrich Money Vs Groww - Background
| Enrich Money | Groww | |
|---|---|---|
| Call Back Open Account |
Enrich Money Vs Groww - Compare All Brokers
| Enrich Money | Groww | |
|---|---|---|
| Call Back Open Account |
Enrich Money Vs Groww - STT/CTT
| Enrich Money | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.003% on the sell side | 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 | 0.002% on the sell side | 0.01% only on sell |
| Commodity Options | 0.05% on the sell side | N/A |
| Call Back Open Account |
Enrich Money Vs Groww - Demat transaction charges
| Enrich Money | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Enrich Money Vs Groww - GST
| Enrich Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Enrich Money Vs Groww - SEBI Charges
| Enrich Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Enrich Money Vs Groww - Account Opening & AMC Charges
Enrich Money
Groww
Trading Account Opening Charge
₹99 (Online) | ₹199 (Offline)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First-year free (From 2nd Year ₹300 + GST per Year )
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Enrich Money Vs Groww
| Enrich Money | Groww | |
|---|---|---|
Enrich Money Brokerage Charges Review 2024 |
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.
Enrich Money Vs Groww - Brokerage charges & Plans
| Enrich Money | Groww | |
|---|---|---|
| Commodity Futures | ₹20 or 0.03% per completed order | N/A |
| Currency Futures | ₹20 or 0.03% per completed | N/A |
| Equity Delivery | ₹0 Zero Brokerage | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20 per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20 per completed order | N/A |
| Equity Futures | ₹20 or 0.03% per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20 per completed order | N/A |
| Fixed Charges | ₹20 per completed order | ₹20/ Order |
| Equity Intraday | ₹20 or 0.03% per completed order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Enrich Money Vs Groww - Margin (Exposure)
| Enrich Money | 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 |
Enrich Money Vs Groww - Other Charges
| Enrich Money | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹ 0 / Order for Lifetime | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹20 per completed order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20 per completed order | ₹20/ Order |
Enrich Money Vs Groww - STT/CTT
| Enrich Money | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.003% on the sell side | 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 | 0.002% on the sell side | 0.01% only on sell |
| Commodity Options | 0.05% on the sell side | N/A |
Enrich Money Vs Groww - Demat transaction charges
| Enrich Money | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 Gst per scrip per day only on sell |
Enrich Money Vs Groww - GST
| Enrich Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Enrich Money Vs Groww - SEBI Charges
| Enrich Money | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Enrich Money Vs Groww - Features
| Enrich Money | 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 :03:15 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. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform | 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 |