Groww Vs Adroit Financial
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.
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Adroit Financial - Broker Details
| Groww | Adroit Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1994 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 4 |
| Brokerage | ₹20/ Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs Adroit Financial - Account Opening & AMC Charges
| Groww | Adroit Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 per Year | ₹1000 for Lifetime |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Adroit Financial - Brokerage charges & Plans
| Groww | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | ₹20/ Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Call Back Open Account |
Groww Vs Adroit Financial - Other Charges
| Groww | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | ₹20/ Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Call Back Open Account |
Groww Vs Adroit Financial - Transaction Charges
| Groww | Adroit Financial | |
|---|---|---|
| Currency Options | N/A | NSE ₹4400/Cr (0.044%) (on premium) |
| Equity Futures | NSE:- 0.002% | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) |
| Commodity | N/A | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | N/A | NSE ₹135/Cr (0.00135%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
| Call Back Open Account |
Groww Vs Adroit Financial - Margin (Exposure)
| Groww | Adroit Financial | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Groww Vs Adroit Financial - Features
| Groww | Adroit Financial | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Adroit Financial - Review & Rating
| Groww | Adroit Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Adroit Financial - Request a call back from Broker
| Groww | Adroit Financial | |
|---|---|---|
| Call Back Open Account |
Groww Vs Adroit Financial - Investment Options
| Groww | Adroit Financial | |
|---|---|---|
| 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 |
Groww Vs Adroit Financial - Order Type
| Groww | Adroit Financial | |
|---|---|---|
| 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 |
Groww Vs Adroit Financial - Research & Report
| Groww | Adroit Financial | |
|---|---|---|
| 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 |
Groww Vs Adroit Financial - Daily Market Report
| Groww | Adroit Financial | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Adroit Financial - Suitable For Investor
| Groww | Adroit Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Adroit Financial - Pros & Cons
| Groww | Adroit Financial | |
|---|---|---|
| Pros | 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. | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. |
| Cons | 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. | 1. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. |
| Call Back Open Account |
Groww Vs Adroit Financial - Background
| Groww | Adroit Financial | |
|---|---|---|
| Call Back Open Account |
Groww Vs Adroit Financial - Compare All Brokers
| Groww | Adroit Financial | |
|---|---|---|
| Call Back Open Account |
Groww Vs Adroit Financial - STT/CTT
| Groww | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs Adroit Financial - Demat transaction charges
| Groww | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Groww Vs Adroit Financial - GST
| Groww | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Adroit Financial - SEBI Charges
| Groww | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Adroit Financial - Account Opening & AMC Charges
Groww
Adroit Financial
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 per Year | ₹1000 for Lifetime
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Adroit Financial
| Groww | Adroit Financial | |
|---|---|---|
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 .. + " Vs "+ Adroit Financial |
Adroit Financial Account Opening Process and Charges |
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Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Adroit Financial - Brokerage charges & Plans
| Groww | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | ₹20/ Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Call Back Open Account |
Groww Vs Adroit Financial - Margin (Exposure)
| Groww | Adroit Financial | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
Groww Vs Adroit Financial - Other Charges
| Groww | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | ₹20/ Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Call Back Open Account |
Groww Vs Adroit Financial - STT/CTT
| Groww | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs Adroit Financial - Demat transaction charges
| Groww | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
| Call Back Open Account |
Groww Vs Adroit Financial - GST
| Groww | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Adroit Financial - SEBI Charges
| Groww | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Adroit Financial - Features
| Groww | Adroit Financial | |
|---|---|---|
| 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:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |