Groww Vs Apollo Money
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.
Apollo Money
Apollo Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Apollo Money - Broker Details
| Groww | Apollo Money | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2009 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | 200 |
| Brokerage | ₹20/ Order | null |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs Apollo Money - Account Opening & AMC Charges
| Groww | Apollo Money | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹300 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 |
| Demat Account AMC | ₹0 (Free) | ₹300 per Year (Individual) |
| Trading Account AMC | ₹0 (Free) | ₹300 per Year (Individual) |
| Call Back Open Account |
Groww Vs Apollo Money - Brokerage charges & Plans
| Groww | Apollo Money | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 10 Paisa |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹20/ Order | 1 paisa |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Call Back Open Account |
Groww Vs Apollo Money - Other Charges
| Groww | Apollo Money | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 1 paisa |
| Minimum Brokerage | ₹20/ Order | 1 paisa |
| Call Back Open Account |
Groww Vs Apollo Money - Transaction Charges
| Groww | Apollo Money | |
|---|---|---|
| Currency Options | N/A | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE:- 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | N/A | Exchange txn charge: 0.05% |
| Currency Futures | N/A | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00325% | BSE: 0.00325% |
| Call Back Open Account |
Groww Vs Apollo Money - Margin (Exposure)
| Groww | Apollo Money | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Apollo Money - Features
| Groww | Apollo Money | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Desktop EXE version, 2. Apollo Money Web, 3 Apollo MF APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Apollo Money - Review & Rating
| Groww | Apollo Money | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Apollo Money - Request a call back from Broker
| Groww | Apollo Money | |
|---|---|---|
| Call Back Open Account |
Groww Vs Apollo Money - Investment Options
| Groww | Apollo Money | |
|---|---|---|
| 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 Apollo Money - Order Type
| Groww | Apollo Money | |
|---|---|---|
| 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 Apollo Money - Research & Report
| Groww | Apollo Money | |
|---|---|---|
| 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 Apollo Money - Daily Market Report
| Groww | Apollo Money | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Apollo Money - Suitable For Investor
| Groww | Apollo Money | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Apollo Money - Pros & Cons
| Groww | Apollo Money | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
| Call Back Open Account |
Groww Vs Apollo Money - Background
| Groww | Apollo Money | |
|---|---|---|
| Call Back Open Account |
Groww Vs Apollo Money - Compare All Brokers
| Groww | Apollo Money | |
|---|---|---|
| Call Back Open Account |
Groww Vs Apollo Money - STT/CTT
| Groww | Apollo Money | |
|---|---|---|
| Commodity Futures | N/A | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs Apollo Money - Demat transaction charges
| Groww | Apollo Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + GST per scrip |
| Call Back Open Account |
Groww Vs Apollo Money - GST
| Groww | Apollo Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Apollo Money - SEBI Charges
| Groww | Apollo Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Apollo Money - Account Opening & AMC Charges
Groww
Apollo Money
Trading Account Opening Charge
₹0 (Free)
₹300
Demat Account Opening Charge
₹0 (Free)
₹0
Demat Account AMC
₹0 (Free)
₹300 per Year (Individual)
Trading Account AMC
₹0 (Free)
₹300 per Year (Individual)
Groww Vs Apollo Money
| Groww | Apollo Money | |
|---|---|---|
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 "+ Apollo Money |
Apollo Money Account Opening Charges and Process Details |
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Apollo Money
Apollo Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Apollo Money - Brokerage charges & Plans
| Groww | Apollo Money | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 10 Paisa |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹20/ Order | 1 paisa |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 1 paisa |
| Call Back Open Account |
Groww Vs Apollo Money - Margin (Exposure)
| Groww | Apollo Money | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Apollo Money - Other Charges
| Groww | Apollo Money | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 per Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 1 paisa |
| Minimum Brokerage | ₹20/ Order | 1 paisa |
| Call Back Open Account |
Groww Vs Apollo Money - STT/CTT
| Groww | Apollo Money | |
|---|---|---|
| Commodity Futures | N/A | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs Apollo Money - Demat transaction charges
| Groww | Apollo Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + GST per scrip |
| Call Back Open Account |
Groww Vs Apollo Money - GST
| Groww | Apollo Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Apollo Money - SEBI Charges
| Groww | Apollo Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Apollo Money - Features
| Groww | Apollo Money | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Desktop EXE version, 2. Apollo Money Web, 3 Apollo MF APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |