Groww Vs Definedge Securities
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.
Definedge Securities
Groww Vs Definedge Securities - Broker Details
| Groww | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2015 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | ₹20/ Order | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Groww Vs Definedge Securities - Account Opening & AMC Charges
| Groww | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Groww Vs Definedge Securities - Brokerage charges & Plans
| Groww | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Groww Vs Definedge Securities - Other Charges
| Groww | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Groww Vs Definedge Securities - Transaction Charges
| Groww | Definedge Securities | |
|---|---|---|
| Currency Options | N/A | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE:- 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | N/A | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Groww Vs Definedge Securities - Margin (Exposure)
| Groww | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Features
| Groww | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Definedge Securities - Review & Rating
| Groww | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Definedge Securities - Request a call back from Broker
| Groww | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Definedge Securities - Investment Options
| Groww | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Order Type
| Groww | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Research & Report
| Groww | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Daily Market Report
| Groww | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Definedge Securities - Suitable For Investor
| Groww | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Definedge Securities - Pros & Cons
| Groww | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
Groww Vs Definedge Securities - Background
| Groww | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Definedge Securities - Compare All Brokers
| Groww | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Definedge Securities - STT/CTT
| Groww | Definedge Securities | |
|---|---|---|
| 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 |
| 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 Definedge Securities - Demat transaction charges
| Groww | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Definedge Securities - GST
| Groww | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Groww Vs Definedge Securities - SEBI Charges
| Groww | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Groww Vs Definedge Securities - Account Opening & AMC Charges
Groww
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Groww Vs Definedge Securities
| Groww | Definedge Securities | |
|---|---|---|
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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Groww Vs Definedge Securities - Brokerage charges & Plans
| Groww | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Groww Vs Definedge Securities - Margin (Exposure)
| Groww | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Other Charges
| Groww | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
Groww Vs Definedge Securities - STT/CTT
| Groww | Definedge Securities | |
|---|---|---|
| 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 |
| 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 Definedge Securities - Demat transaction charges
| Groww | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Definedge Securities - GST
| Groww | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Groww Vs Definedge Securities - SEBI Charges
| Groww | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Groww Vs Definedge Securities - Features
| Groww | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |