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Quick Comparision (Finwave VS Groww)

 
 

Finwave Vs Groww

Finwave
Finwave 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.

Finwave Vs Groww - Broker Details

Finwave Groww
Single Margin Facility
Year of Incorporation 2014 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches 25 Zero
Brokerage ₹20 per order ₹20/ Order
Broker Type Full Service Broker Discount Broker
Call Back Open Account

Finwave Vs Groww - Account Opening & AMC Charges

Finwave Groww
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly ₹0 (Free)
Trading Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly ₹0 (Free)
Call Back Open Account

Finwave Vs Groww - Brokerage charges & Plans

Finwave Groww
Commodity Futures ₹20 per order N/A
Currency Futures ₹20 per order N/A
Equity Delivery ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20 per order N/A
Equity Futures ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20 per order N/A
Fixed Charges ₹20 per order ₹20/ Order
Equity Intraday ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Finwave Vs Groww - Other Charges

Finwave Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹20 per order ₹20/ Order or 0.05%
Minimum Brokerage ₹20 per order ₹20/ Order
Call Back Open Account

Finwave Vs Groww - Transaction Charges

Finwave 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 0.0026% 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

Finwave Vs Groww - Margin (Exposure)

Finwave 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 (100% of trade value) 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

Finwave Vs Groww - Features

Finwave 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Finwave Vs Groww - Review & Rating

Finwave Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Finwave Vs Groww - Request a call back from Broker

Finwave Groww
Call Back Open Account

Finwave Vs Groww - Investment Options

Finwave Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Finwave Vs Groww - Order Type

Finwave Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Finwave Vs Groww - Research & Report

Finwave Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Finwave Vs Groww - Daily Market Report

Finwave Groww
Daily Market Reports & News
Call Back Open Account

Finwave Vs Groww - Suitable For Investor

Finwave Groww
Casual Investor
Active Investor
Trader
Call Back Open Account

Finwave Vs Groww - Pros & Cons

Finwave 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

Finwave Vs Groww - Background

Finwave Groww
Call Back Open Account

Finwave Vs Groww - Compare All Brokers

Finwave Groww
Call Back Open Account

Finwave Vs Groww - STT/CTT

Finwave 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 (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 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A
Call Back Open Account

Finwave Vs Groww - Demat transaction charges

Finwave Groww
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹13.5 Gst per scrip per day only on sell
Call Back Open Account

Finwave Vs Groww - GST

Finwave Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)
Call Back Open Account

Finwave Vs Groww - SEBI Charges

Finwave Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Finwave Vs Groww - Account Opening & AMC Charges

Finwave
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹0 (Free)
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹0 (Free)
 
Call Back Open Account

Finwave Vs Groww

Finwave Groww
 

Finwave Account Opening Process and Charges Details

Read more..

Groww Review | Brokerage Charges, Account Opening


Groww 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 ..
Read more..
 
 

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.

Finwave Vs Groww - Brokerage charges & Plans

Finwave Groww
Commodity Futures ₹20 per order N/A
Currency Futures ₹20 per order N/A
Equity Delivery ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20 per order N/A
Equity Futures ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20 per order N/A
Fixed Charges ₹20 per order ₹20/ Order
Equity Intraday ₹20 per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Finwave Vs Groww - Margin (Exposure)

Finwave 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 (100% of trade value) 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

Finwave Vs Groww - Other Charges

Finwave Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹20 per order ₹20/ Order or 0.05%
Minimum Brokerage ₹20 per order ₹20/ Order

Finwave Vs Groww - STT/CTT

Finwave 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 (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 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Finwave Vs Groww - Demat transaction charges

Finwave Groww
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹13.5 Gst per scrip per day only on sell

Finwave Vs Groww - GST

Finwave Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

Finwave Vs Groww - SEBI Charges

Finwave Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Finwave Vs Groww - Features

Finwave 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Finwave

Groww