Groww Vs Edelweiss
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.
Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Edelweiss - Broker Details
| Groww | Edelweiss | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1995 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX |
| Branches | Zero | 475+ |
| Brokerage | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs Edelweiss - Account Opening & AMC Charges
| Groww | Edelweiss | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Edelweiss - Brokerage charges & Plans
| Groww | Edelweiss | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | N/A | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | ₹20/ Order | ₹10/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.030% |
| Call Back Open Account |
Groww Vs Edelweiss - Other Charges
| Groww | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | ₹20/ Order | Lite:- ₹10/Order |
| Call Back Open Account |
Groww Vs Edelweiss - Transaction Charges
| Groww | Edelweiss | |
|---|---|---|
| Currency Options | N/A | NSE: ₹4000/Cr (0.04%) | BSE: NA |
| Equity Futures | NSE:- 0.002% | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (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: ₹5000/Cr (0.05%) (Each side) |
| Commodity | N/A | NSE:- NA | BSE:- NA |
| Currency Futures | N/A | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) |
| 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 Edelweiss - Margin (Exposure)
| Groww | Edelweiss | |
|---|---|---|
| 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 | N/A |
| Commodity Futures | N/A | N/A |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| 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 Edelweiss - Features
| Groww | Edelweiss | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Edelweiss - Review & Rating
| Groww | Edelweiss | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Edelweiss - Request a call back from Broker
| Groww | Edelweiss | |
|---|---|---|
| Call Back Open Account |
Groww Vs Edelweiss - Investment Options
| Groww | Edelweiss | |
|---|---|---|
| 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 Edelweiss - Order Type
| Groww | Edelweiss | |
|---|---|---|
| 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 Edelweiss - Research & Report
| Groww | Edelweiss | |
|---|---|---|
| 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 Edelweiss - Daily Market Report
| Groww | Edelweiss | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Edelweiss - Suitable For Investor
| Groww | Edelweiss | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Edelweiss - Pros & Cons
| Groww | Edelweiss | |
|---|---|---|
| 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. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS 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.Customer service is not upto the mark, 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. |
| Call Back Open Account |
Groww Vs Edelweiss - Background
| Groww | Edelweiss | |
|---|---|---|
| Call Back Open Account |
Groww Vs Edelweiss - Compare All Brokers
| Groww | Edelweiss | |
|---|---|---|
| Call Back Open Account |
Groww Vs Edelweiss - STT/CTT
| Groww | Edelweiss | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | N/A |
| Call Back Open Account |
Groww Vs Edelweiss - Demat transaction charges
| Groww | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
| Call Back Open Account |
Groww Vs Edelweiss - GST
| Groww | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Edelweiss - SEBI Charges
| Groww | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Edelweiss - Account Opening & AMC Charges
Groww
Edelweiss
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Edelweiss
| Groww | Edelweiss | |
|---|---|---|
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 "+ Edelweiss |
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. |
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Edelweiss
Edelwiess is a full service Broker. Edelwiess Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Edelweiss - Brokerage charges & Plans
| Groww | Edelweiss | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | N/A | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | ₹20/ Order | ₹10/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Lite:- ₹10/Order | Elite:- 0.030% |
| Call Back Open Account |
Groww Vs Edelweiss - Margin (Exposure)
| Groww | Edelweiss | |
|---|---|---|
| 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 | N/A |
| Commodity Futures | N/A | N/A |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| 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 Edelweiss - Other Charges
| Groww | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | ₹20/ Order | Lite:- ₹10/Order |
| Call Back Open Account |
Groww Vs Edelweiss - STT/CTT
| Groww | Edelweiss | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | N/A | N/A |
| Call Back Open Account |
Groww Vs Edelweiss - Demat transaction charges
| Groww | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
| Call Back Open Account |
Groww Vs Edelweiss - GST
| Groww | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Edelweiss - SEBI Charges
| Groww | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Edelweiss - Features
| Groww | Edelweiss | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |