Fyers Vs Groww
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Fyers Vs Groww - Broker Details
| Fyers | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2016 |
| Exchanges | BSE, NSE, MCX. | NSE and BSE. |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
Fyers Vs Groww - Account Opening & AMC Charges
| Fyers | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Fyers Vs Groww - Brokerage charges & Plans
| Fyers | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.05% (whichever is lower) |
Fyers Vs Groww - Other Charges
| Fyers | Groww | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Groww - Transaction Charges
| Fyers | Groww | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | N/A |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE:- 0.002% |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE:- 0.053% on premium |
| Commodity | NA | N/A |
| Currency Futures | ₹240/ Cr (0.0024%) | N/A |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE:- 0.00345% | BSE:-0.00345% |
Fyers Vs Groww - Margin (Exposure)
| Fyers | 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 |
Fyers Vs Groww - Features
| Fyers | 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:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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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Fyers Vs Groww - Review & Rating
| Fyers | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Fyers Vs Groww - Request a call back from Broker
| Fyers | Groww | |
|---|---|---|
Fyers Vs Groww - Investment Options
| Fyers | 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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Fyers Vs Groww - Order Type
| Fyers | 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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Fyers Vs Groww - Research & Report
| Fyers | 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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Fyers Vs Groww - Daily Market Report
| Fyers | Groww | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Groww - Suitable For Investor
| Fyers | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Groww - Pros & Cons
| Fyers | Groww | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 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.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 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. |
Fyers Vs Groww - Background
| Fyers | Groww | |
|---|---|---|
Fyers Vs Groww - Compare All Brokers
| Fyers | Groww | |
|---|---|---|
Fyers Vs Groww - STT/CTT
| Fyers | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | N/A |
Fyers Vs Groww - Demat transaction charges
| Fyers | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹13.5 Gst per scrip per day only on sell |
Fyers Vs Groww - GST
| Fyers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% ( Brokerage + Transaction charges) |
Fyers Vs Groww - SEBI Charges
| Fyers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Fyers Vs Groww - Account Opening & AMC Charges
Fyers
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Fyers Vs Groww
| Fyers | Groww | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " Vs "+ Groww |
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.
Fyers Vs Groww - Brokerage charges & Plans
| Fyers | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Delivery | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹20/ Order | N/A |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Fyers Vs Groww - Margin (Exposure)
| Fyers | 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 |
Fyers Vs Groww - Other Charges
| Fyers | Groww | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Groww - STT/CTT
| Fyers | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | N/A |
Fyers Vs Groww - Demat transaction charges
| Fyers | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | ₹13.5 Gst per scrip per day only on sell |
Fyers Vs Groww - GST
| Fyers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% ( Brokerage + Transaction charges) |
Fyers Vs Groww - SEBI Charges
| Fyers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Fyers Vs Groww - Features
| Fyers | 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:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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 |