Eureka Vs Groww
Eureka
Eureka 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.
Eureka Vs Groww - Broker Details
| Eureka | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE and BSE. |
| Branches | 270 | Zero |
| Brokerage | 0.03% | ₹20/ Order |
| Broker Type | Full Service broker | Discount Broker |
| Call Back Open Account |
Eureka Vs Groww - Account Opening & AMC Charges
| Eureka | Groww | |
|---|---|---|
| Trading Account Opening Charge | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
Eureka Vs Groww - Brokerage charges & Plans
| Eureka | Groww | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20 per lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20 per lot | N/A |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Eureka Vs Groww - Other Charges
| Eureka | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | 0.03% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.03% | ₹20/ Order |
| Call Back Open Account |
Eureka Vs Groww - Transaction Charges
| Eureka | Groww | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | N/A |
| Equity Futures | NSE: 0.0019% | NSE:- 0.002% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.05% (on premium) | NSE:- 0.053% on premium |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | N/A |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | N/A |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Eureka Vs Groww - Margin (Exposure)
| Eureka | 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 |
Eureka Vs Groww - Features
| Eureka | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based 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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| Call Back Open Account |
Eureka Vs Groww - Review & Rating
| Eureka | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Eureka Vs Groww - Request a call back from Broker
| Eureka | Groww | |
|---|---|---|
| Call Back Open Account |
Eureka Vs Groww - Investment Options
| Eureka | 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 |
Eureka Vs Groww - Order Type
| Eureka | 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 |
Eureka Vs Groww - Research & Report
| Eureka | 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 |
Eureka Vs Groww - Daily Market Report
| Eureka | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Eureka Vs Groww - Suitable For Investor
| Eureka | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Eureka Vs Groww - Pros & Cons
| Eureka | Groww | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 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 |
Eureka Vs Groww - Background
| Eureka | Groww | |
|---|---|---|
| Call Back Open Account |
Eureka Vs Groww - Compare All Brokers
| Eureka | Groww | |
|---|---|---|
| Call Back Open Account |
Eureka Vs Groww - STT/CTT
| Eureka | 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 | 0.0625% 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 |
Eureka Vs Groww - Demat transaction charges
| Eureka | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5 per certificate. Min ₹75 per request | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Eureka Vs Groww - GST
| Eureka | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Eureka Vs Groww - SEBI Charges
| Eureka | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Eureka Vs Groww - Account Opening & AMC Charges
Eureka
Groww
Trading Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
Eureka Vs Groww
| Eureka | Groww | |
|---|---|---|
Eureka Account Opening Charges, Process, 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.
Eureka Vs Groww - Brokerage charges & Plans
| Eureka | Groww | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20 per lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20 per lot | N/A |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Eureka Vs Groww - Margin (Exposure)
| Eureka | 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 |
Eureka Vs Groww - Other Charges
| Eureka | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | 0.03% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Eureka Vs Groww - STT/CTT
| Eureka | 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 | 0.0625% 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 |
Eureka Vs Groww - Demat transaction charges
| Eureka | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5 per certificate. Min ₹75 per request | ₹13.5 Gst per scrip per day only on sell |
Eureka Vs Groww - GST
| Eureka | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Eureka Vs Groww - SEBI Charges
| Eureka | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Eureka Vs Groww - Features
| Eureka | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based 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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| Call Back Open Account |